NOT LISTED FOR SALE

7330 Lovers Ln Portage, MI 49002

2 Beds
1 Bath
935 Sq Ft
1.41 Acres

Last Sold November 18, 2022

Last sale price $775,000 $829 Per Sq Ft

5 Days on Market

Highlights

  • 1.41 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Portage Central Middle School Rated A-
  • Forced Air Heating System

About This Home

As of November 2022

Great Portage Location, close to Stryker,Pfizer and all shopping and schools.
3 buildings with 9 units total.

Tons of parking. The 9 units are made up of the following:

3-2 bedroom 1 bath units,650 sq.ft. each rents are 1 @ $875 1@$775 1@725 tenant pays gas&elec

4-1 bedroom 1 bath units 470 sq. ft. each rents 2@ $750, 1@$775, 1@ $800 tenant pays gas &elec

2-2 bedroom 1 bath units 940 sq. ft each rents are 1@ $975, 1@ $955 tenant pay gas&elec.

All units have washer and dryer
Very rare to have vacancies, as whenever units have been listed they almost always were rented prior to existing tenant moving out. Very good condition overall.

Last Agent to Sell the Property

William Evenboer

Evenboer Walton, REALTORS License #6502128196 Listed on: 08/30/2022

Last Buyer's Agent

Kerry Fischer

Five Star Real Estate, Milham License #6501367416

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1961

Lot Details

  • 1.41

Parking

  • 20 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Crawl Space
  • 1.41 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • Insurance Expense $4,650

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,190

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 799900.0
  • Lot Features: Wooded
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 20.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Wall Furnace, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.41
  • Lot Size Area: 1.41
  • Lot Size Sq Ft: 61419.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 4650.0
  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 4190.0
  • Tax Year: 2021

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $775,000 -3.1% $829 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $799,900 +6.7% $856 / Sq Ft
08/30/2022 08/30/22 For Sale $749,900 -- $802 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22037452

Southwestern Michigan Association of REALTORS®