NOT LISTED FOR SALE

Estimated Value: $236,000 - $349,939

4 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold December 29, 2020

Last sale price $223,400

Est. 32% increase in value since last sale

Current estimated payment $1,909/month

62 Days on Market

Highlights

  • Cul-De-Sac
  • Baseboard Heating
  • High Speed Internet

About This Home

As of December 2020

Well kept constructed duplex in Milwood! Brick and vinyl exterior, townhouse style with each unit having 2 bedrooms, living room, kitchen with dining area, 1.5 baths, basement, laundry location, deck and separate driveways with one car garage. Circular cul-de-sac location. One unit is rented for below current market rate. Tenant is on a month to month rental agreement. City certified. Call listing agents about rental history. Currently an estate sale.

Last Agent to Sell the Property

William Ziegler

Chuck Jaqua, REALTOR License #6502136178 Listed on: 08/13/2020

Chuck Jaqua, REALTOR

Co-Listed By

Sarah Huber

Chuck Jaqua, REALTOR

Last Buyer's Agent

Meghan Pawlawski

Live Local Properties License #6506048516

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,062
  • Operating Expense $2,062
  • Gross Income $23,040
  • Net Operating Income $20,978

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,925

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 219900.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 23040.0
  • Insurance Expense: 2062.0
  • Net Operating Income: 20978.0
  • Number of Units Total: 2
  • Operating Expense: 2062.0

Tax Info

  • Tax Annual Amount: 3925.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 29, 2020
Sold by
Sisson Jennifer L and Estate Of Walker H Sisson Jr
Bought by
Ritsema Judy
Seller's Agent
William Ziegler
Chuck Jaqua, REALTOR
Buyer's Agent
Meghan Pawlawski
Live Local Properties
List Price
$249,900
Sold Price
$223,400
Premium/Discount to List
-$26,500
-10.6%
Current Estimated Value
$293,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,443
Avg. Annual Appreciation
6.28%
Original Mortgage
$219,353
Outstanding Balance
$196,668
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$98,850
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ritsema Judy $223,400 Chicago Title Of Michigan In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritsema Judy $219,353
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $223,400 -10.6% --
10/14/2020 10/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $249,900 -- --
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 $3,426 $120,500 $0 $0
2024 $3,426 $118,800 $0 $0
2023 $3,672 $107,300 $0 $0
2022 $5,628 $94,800 $0 $0
2021 $5,257 $87,300 $0 $0
2020 $3,912 $84,800 $0 $0
2019 $3,767 $72,100 $0 $0
2018 $3,680 $64,400 $0 $0
2017 $3,712 $60,600 $0 $0
2016 $3,712 $56,200 $0 $0
2015 $3,712 $56,300 $0 $0
2014 $3,712 $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20032975

Southwestern Michigan Association of REALTORS®

APN: 06-34-278-003