NOT LISTED FOR SALE

761 Colfax Ave Benton Harbor, MI 49022

Estimated Value: $120,000 - $172,000

3 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 29, 2012

Last sale price $9,000

Est. 1,417% increase in value since last sale

Current estimated payment $831/month

21 Days on Market

About This Home

As of August 2012

This two unit multi family home is marketed in as is condition. Past history according to City of Benton Harbor, was used as a 5 unit at one time. Property has a large detached garage and fronts alley in back for access to additional parking. Buyer will be charged a $125 rekey fee at closing.

Last Agent to Sell the Property

Brian Stegman

RE/MAX Lakeshore License #6506045626 Listed on: 07/27/2012

RE/MAX Lakeshore

Last Buyer's Agent

Brian Stegman

RE/MAX Lakeshore License #6506045626 Listed on: 07/27/2012

RE/MAX Lakeshore

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Flag Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 6900.0
  • 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: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0

Tax Info

  • Tax Annual Amount: 1222.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Cleve Marvess
Seller's Agent
Brian Stegman
RE/MAX Lakeshore
Buyer's Agent
Brian Stegman
RE/MAX Lakeshore
List Price
$6,900
Sold Price
$9,000
Premium/Discount to List
$2,100
30.43%
Current Estimated Value
$136,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,516
Avg. Annual Appreciation
21.66%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Mcfall Mark
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 2006
Sold by
Southwest Spartan Homes Llc
Bought by
Mcfall Mark

Purchase Details

Closed on
Feb 24, 2005
Sold by
Steward Dorothy J and Patterson Dorothy J Steward
Bought by
Southwest Spartan Homes Llc

Purchase Details

Closed on
Mar 18, 1994

Purchase Details

Closed on
Feb 14, 1994

Purchase Details

Closed on
May 4, 1993

Purchase Details

Closed on
Feb 13, 1992

Purchase Details

Closed on
Feb 5, 1988
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
Cleve Marvess $9,000 None Available
Federal National Mortgage Association $90,126 None Available
Mcfall Mark $5,000 Chicago Title
Southwest Spartan Homes Llc $78,600 Chicago Title
-- $50,000 --
-- -- --
-- -- --
-- $50,000 --
-- $25,000 --
-- $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcfall Mark $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $9,000 +30.4% --
08/17/2012 08/17/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $6,900 -- --
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 $999 $58,100 $0 $0
2024 $961 $57,000 $0 $0
2023 $769 $40,700 $0 $0
2022 $872 $33,800 $0 $0
2021 $624 $33,300 $600 $32,700
2020 $616 $32,500 $0 $0
2019 $605 $23,800 $0 $0
2018 $590 $25,200 $0 $0
2017 $579 $13,200 $0 $0
2016 $568 $13,300 $0 $0
2015 $566 $12,800 $0 $0
2014 $604 $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Stegman

    Seller's Agent in 2012

    Brian Stegman

    RE/MAX Michigan

    2 in this area

    113 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12041537

Southwestern Michigan Association of REALTORS®

APN: 11-51-3120-0047-00-2

Michigan Berrien County Benton Harbor 49022

761 Colfax Ave, Benton Harbor, MI

This home is located at 761 Colfax Ave, Benton Harbor, MI 49022 since 27 July 2012 and is currently estimated at $145,617. This property was built in 1920. 761 Colfax Ave is a home located in Berrien County with nearby schools including Fair Plain Middle School, Benton Harbor High School, and Benton Harbor Charter School Academy.

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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