$490,000
SOLD JUN 30, 2025
-- Bed
-- Bath
-- Sq Ft
3,703 Sq Ft Lot

Recently Sold

8% Below List Price

245 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • 1-minute walk to Cherry Park
  • Laundry Room

About This Home

As of June 2025

Rare opportunity to own a 4-unit apartment building in Cherry Hill historic district! Location can't be beaten, you're within walking distance to shops, restaurants and directly behind the newly renovated Cherry Park. There is coin-operated laundry (Property owned) in the basement. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense and raise rents to market rate.. This property has tons of updates and capital improvements. Featuring a newer roof, windows, on demand boiler and hot water heater. Don't miss this opportunity to own in the Cherry Hill district.

Last Agent to Sell the Property

Shawn Jacobs

MOXIE Real Estate + Development License #6501370018 Listed on: 04/03/2025

Last Buyer's Agent

Lisa Stewart

Greenridge Realty (EGR) License #6501422435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1910

Lot Details

  • 3,703 Sq Ft Lot
  • Lot Dimensions are 45 x 82

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1 Fireplace

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,767

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45 X 82
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2766.73
  • Tax Info:Zoning3: Tn-mdr
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Hot Water: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • List Price: 529999.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, In Basement, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 45 X 82
  • Lot Size Sq Ft: 3703.0
  • Zoning Description: Tn-mdr

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2766.73
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jun 30, 2025
Sold by
Sidney P And Nila J Norden Irrevocable T and Norden Sidney P
Bought by
Stewart-Boer Lisa and Boer Charles
Seller's Agent
Shawn Jacobs
MOXIE Real Estate + Development
Buyer's Agent
Lisa Stewart
Greenridge Realty (EGR)
List Price
$529,999
Sold Price
$490,000
Premium/Discount to List
-$39,999
-7.55%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.20%
Original Mortgage
$367,500
Outstanding Balance
$367,500
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$157,323

Purchase Details

Closed on
Sep 9, 2015
Sold by
Norden Sidney P and Norden Nila J
Bought by
Sidney P & Nila J Norden Irrevocable Tr

Purchase Details

Closed on
Jan 3, 1997
Bought by
Norden Norden S and Norden N

Purchase Details

Closed on
May 14, 1996
Sold by
Coates Coates R R and Coates Rozeboom G
Bought by
Norden Rozeboom G and Norden Sidney P Nila J

Purchase Details

Closed on
Dec 12, 1995
Sold by
Unique Allc and Unique Coates
Bought by
Norden Coates and Norden Sidney P Nila J

Purchase Details

Closed on
Oct 31, 1995
Sold by
Galvan Galvan E E and Galvan Coates R
Bought by
Norden Coates R and Norden Sidney P Nila J

Purchase Details

Closed on
Sep 22, 1995
Sold by
Unique Coates R and Unique All
Bought by
Unique All and Norden Sidney P Nila J

Purchase Details

Closed on
Sep 12, 1995
Sold by
Parker Parker C C and Parker Coates R
Bought by
Norden Coates R and Norden Sidney P Nila J

Purchase Details

Closed on
Dec 30, 1994
Sold by
Galvan Galvan E E and Galvan Parker C
Bought by
Norden Sidney P Nila J

Purchase Details

Closed on
Jul 16, 1992
Sold by
Rozeboom Rozeboom G G and Rozeboom Coates R
Bought by
Norden Sidney P Nila J

Purchase Details

Closed on
Nov 27, 1991
Bought by
Norden Sidney P Nila J

Purchase Details

Closed on
Jan 10, 1991
Sold by
Prprts Wst and Prprts Rozebm G
Bought by
Norden Sidney P Nila J
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Irongate Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $37,500 --
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Warranty Deed $31,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Previous Owner $99,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $490,000 -7.5% --
05/27/2025 05/27/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $529,999 0.0% --
03/24/2025 03/24/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $529,999 -0.9% --
12/04/2024 12/04/24 For Sale $535,000 0.0% --
10/01/2024 10/01/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $535,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,784 $215,800 $0 $0
2024 $2,784 $174,700 $0 $0
2023 $2,762 $166,500 $0 $0
2022 $2,625 $170,500 $0 $0
2021 $2,557 $125,800 $0 $0
2020 $2,472 $120,200 $0 $0
2019 $2,531 $108,500 $0 $0
2018 $2,453 $100,200 $0 $0
2017 $2,393 $78,900 $0 $0
2016 $2,405 $65,700 $0 $0
2015 $2,292 $65,700 $0 $0
2013 -- $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24050353

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-433-013