$276,100
SOLD MAR 1, 2013
-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Recently Sold

21% Below List Price

155 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to West Main Park

About This Home

As of May 2021

8 Unit Rental located close to Western Michigan University and K-College. Property features Excess parking rented at $15/month/space. City Certified. Call L/A for Vacancy Rate. 7 of the 8 Units are leased thru 7/31/2012. Property also comes with 820 West South Street. Coin operated laundry in lower level. Buyer is to verify the validity of all data and perform all inspections Buyer feels necessary at his sole cost prior to close. Buyer shall not rely on information contained in this listing as an expressed or implied warranty. This is an REO Property and is being sold AS-IS, WHERE-IS. Seller makes no representations as to the condition of the property. Seller will not perform any repairs to the property. Home Warranties are at the expense of the Buyer. Property is located in F

Last Agent to Sell the Property

Doug Post

The Lo Company, LLC Listed on: 08/07/2012

Last Buyer's Agent

Suzanne Sloan

Five Star Real Estate License #6506044504

Five Star Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,479

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot

Parking

  • 30 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$22,479

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 299900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Rubber

Garage/Parking

  • Total Parking Spaces: 30.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: CC

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Kenmore Llc
Bought by
Kenmore Llc
Current Estimated Value
$856,000

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 15, 2021
Sold by
Jbs Academy Apartments Llc
Bought by
Kenmore Llc
Seller's Agent
Douglas Post
The Lo Company, LLC
Buyer's Agent
Adam Atwood
Five Star Real Estate
List Price
$499,900
Sold Price
$575,000
Premium/Discount to List
$75,100
15.02%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Mar 1, 2013
Sold by
Consumers Credit Union
Bought by
Jbs Adacemy Apartments Llc
Seller's Agent
Doug Post
The Lo Company, LLC
Buyer's Agent
Suzanne Sloan
Five Star Real Estate
List Price
$349,900
Sold Price
$276,100
Premium/Discount to List
-$73,800
-21.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$220,880
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2012
Sold by
Hoover Gregory R and Hoover Anne C
Bought by
Consumers Credit Union

Purchase Details

Closed on
Aug 14, 2008
Sold by
Kowske William J
Bought by
Hoover Gregory R and Hoover Anne C

Purchase Details

Closed on
Jul 7, 2004
Sold by
Adelheid Apartments Llc
Bought by
Hoover Gregory R and Hoover Anne C
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $575,000 Devon Title Comapny
Warranty Deed $276,100 Devon Title
Deed In Lieu Of Foreclosure -- Attorneys Title
Quit Claim Deed -- Attorneys Title
Quit Claim Deed -- Devon
Land Contract -- Devon Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,880 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $575,000 +15.0% --
04/18/2021 04/18/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $499,900 +81.1% --
03/01/2013 03/01/13 Sold $276,100 -21.1% --
01/09/2013 01/09/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $349,900 -- --
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 $22,479 $328,300 $0 $0
2024 $9,315 $325,900 $0 $0
2023 $8,878 $384,300 $0 $0
2022 $20,387 $294,600 $0 $0
2021 $10,128 $269,300 $0 $0
2020 $9,937 $242,800 $0 $0
2019 $9,570 $226,100 $0 $0
2018 $9,349 $195,400 $0 $0
2017 $9,429 $185,300 $0 $0
2016 $9,429 $144,200 $0 $0
2015 $9,429 $142,600 $0 $0
2014 $9,429 $135,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12043725

Southwestern Michigan Association of REALTORS®

APN: 06-16-464-001