$127,500
SOLD JAN 10, 2025
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

15% Below List Price

115 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • Level Lot
  • Sharp Park Academy Rated A-
  • Forced Air Heating System
  • 4-minute walk to Sparks Foundation County Park

About This Home

As of January 2025

Nicely updated City Certified Duplex, fully occupied and generates $1900 per month in rental income! Close to Cascades Park. Lower unit has 2BR/1BA and has new carpet & laminate flooring throughout. Entrance to unit is the back, enter into an enclosed porch to enjoy on those rainy days. Large kitchen has new fixtures and a new gas stove opens to dining room and living room - rented for $1100 per month. Upper unit has 2 BR/1BA, has new vinyl plank flooring throughout. Tenant pays $800 per month. Owner pays utilities, water, electric and garbage. tenants do not pay natural gas bills currently, but they have separate meters for gas. Both units have off street parking space.

Last Agent to Sell the Property

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 09/05/2024

HOWARD HANNA REAL ESTATE SERVI

Co-Listed By

Anna Nefe

HOWARD HANNA REAL ESTATE SERVI License #6501423710

Last Buyer's Agent

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 09/05/2024

HOWARD HANNA REAL ESTATE SERVI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x131
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $799
  • Utility Expense $2,507
  • Operating Expense $4,476
  • Gross Income $22,800
  • Net Operating Income $18,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

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: 50x131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1998.46
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Driveway:Gravel: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x131
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 22800.0
  • Insurance Expense: 799.0
  • Net Operating Income: 18323.66
  • Number of Units Total: 2
  • Operating Expense: 4476.34

Tax Info

  • Tax Annual Amount: 1998.46
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 26, 2021
Sold by
Midwest Property I Llc
Bought by
Esselink Ashley
Seller's Agent
Jay Horsfall
Jackson Property Manager
Buyer's Agent
Laura Schlecte
THINKING REAL ESTATE
Sold Price
$66,500
Current Estimated Value
$129,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,813
Avg. Annual Appreciation
16.34%
Original Mortgage
$49,875
Outstanding Balance
$38,367
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$86,838

Purchase Details

Closed on
Jul 10, 2001
Sold by
Wittman Thomas S and Wittman Sandra K
Bought by
Cones Dennis E and Cones Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.27%
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 $66,500 None Available
Warranty Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,875 New Conventional
Previous Owner $42,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $127,500 -14.9% --
09/05/2024 09/05/24 For Sale $149,900 +114.1% --
01/27/2023 01/27/23 Sold $70,000 0.0% --
01/27/2023 01/27/23 For Sale $70,000 +5.3% --
01/23/2023 01/23/23 Pending -- -- --
05/30/2021 05/30/21 Sold $66,500 -- --
02/20/2021 02/20/21 Pending -- -- --
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 $2,052 $36,000 $0 $0
2024 $1,775 $29,900 $0 $0
2023 $1,438 $27,100 $0 $0
2022 $1,584 $22,900 $0 $0
2021 $877 $19,200 $0 $0
2020 $866 $17,400 $0 $0
2019 $843 $14,300 $0 $0
2018 $804 $12,550 $0 $0
2017 $737 $13,600 $0 $0
2016 $635 $13,500 $13,500 $0
2015 $831 $11,350 $11,350 $0
2014 $831 $13,400 $0 $0
2013 -- $13,400 $13,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24046832

Southwestern Michigan Association of REALTORS®

APN: 3-252300000