NOT LISTED FOR SALE

7607 S 12th St Portage, MI 49024

Estimated Value: $339,000 - $384,561

4 Beds
2 Baths
-- Sq Ft
0.5 Acres

Last Sold April 23, 2013

Last sale price $135,000

Est. 170% increase in value since last sale

Current estimated payment $2,346/month

259 Days on Market

Highlights

  • 0.5 Acre Lot
  • 12th Street Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of April 2013

INVESTMENT OPPORTUNITY- Very well maintained 2 bedroom duplex close to the new 12th Street Elementary School. Bedrooms are large, full bath on 2nd floor and 1/2 bath on main floor. Beautiful great room with fireplace and slider to patio. Each tenant has a privated one car garage. Great curb appeal. Building is situated on a nice lot with numerous trees,

Last Agent to Sell the Property

Bonnie Gronado

i-VEST Real Estate Group License #6502348468 Listed on: 05/02/2012

Co-Listed By

Jesse Granado - Caporossi

i-VEST Real Estate Group License #6501339734

Last Buyer's Agent

Bonnie Gronado

i-VEST Real Estate Group License #6502348468 Listed on: 05/02/2012

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Flag Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,264
  • Maintenance Expense $2,620
  • Operating Expense $5,014
  • Gross Income $19,620
  • Net Operating Income $14,606

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 139900.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21750.0

Rental Info

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

Multi Family

  • Gross Income: 19620.0
  • Insurance Expense: 1264.0
  • Maintenance Expense: 2620.0
  • Net Operating Income: 14606.0
  • Number of Units Total: 3
  • Operating Expense: 5014.0

Tax Info

  • Tax Annual Amount: 5410.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Apr 23, 2013
Sold by
Bowen Janice K
Bought by
Depoy Redge L
Seller's Agent
Bonnie Gronado
i-VEST Real Estate Group
Buyer's Agent
Bonnie Gronado
i-VEST Real Estate Group
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$364,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,390
Avg. Annual Appreciation
8.30%
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
Depoy Redge L $130,500 Devon Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2013 04/23/13 Sold $135,000 -6.9% --
01/16/2013 01/16/13 Pending -- -- --
05/02/2012 05/02/12 For Sale $145,000 -- --
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 $5,031 $174,400 $0 $0
2024 $4,528 $171,100 $0 $0
2023 $4,315 $138,400 $0 $0
2022 $4,562 $119,200 $0 $0
2021 $4,411 $128,800 $0 $0
2020 $4,320 $94,000 $0 $0
2019 $325 $93,000 $0 $0
2018 $0 $99,000 $0 $0
2017 $0 $95,900 $0 $0
2016 -- $89,000 $0 $0
2015 -- $79,600 $0 $0
2014 -- $73,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bonnie Gronado

    i-VEST Real Estate Group

    (269) 232-7771

    8 in this area

    43 Total Sales

    Bonnie Gronado
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jesse Granado - Caporossi

    i-VEST Real Estate Group

    (269) 488-1600

    6 in this area

    52 Total Sales

    Jesse Granado - Caporossi
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12023345

Southwestern Michigan Association of REALTORS®

APN: 10-00018-183-O

Michigan Kalamazoo County Portage 49009

7607 S 12th St, Portage, MI

This home is located at 7607 S 12th St, Portage, MI 49024 since 02 May 2012 and is currently estimated at $364,390. This property was built in 1972. 7607 S 12th St is a home located in Kalamazoo County with nearby schools including 12th Street Elementary School, Portage West Middle School, and Portage Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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