NOT LISTED FOR SALE

7724 Garden Ln Portage, MI 49002

Portage Area

Estimated Value: $270,974 - $622,000

Studio
-- Bath
-- Sq Ft
0.93 Acre Lot

Sale Details

Date Sold: February 28, 2017

Last sale price $300,000

Est. 20% increase in value since last sale

Current estimated payment $2,268 / mo

98 Days on Market

Highlights

  • 0.93 Acre Lot
  • Portage Central Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2017

Great Location all together on Garden Lane. All Brick exteriors. Each duplex has one 2 bedroom unit and one 3 bedroom unit. Each unit has an attached garage. Strong rental history. Well maintained. Nice neighborhood setting, with yard area.

Sale Includes: 7724; 7732; 7738 & 7742 Garden Lane

Last Agent to Sell the Property

Matthew Leighton

Callander Commercial Listed on: 11/03/2016

Last Buyer's Agent

Scott Gignac

Evenboer Walton, REALTORS License #6501312940

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.93

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Connected

Additional Features

  • Basement Fills Entire Space Under The House
  • 40,510 Sq Ft Lot

Community Details

  • 4 Buildings
  • 8 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.93 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 5+ Units
  • OfficeContract Info:List PriceSqFt2: 48.63
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1 x 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 11705.0
  • Tax Info:Zoning3: R-1A
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 4.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 349000.0
  • Number of Buildings: 4
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.93
  • Lot Size Area: 0.93
  • Lot Size Sq Ft: 40510.0
  • Zoning Description: R-1A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 11705.0
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Feb 28, 2017
Sold by
Bought by
Seller's Agent
Matthew Leighton
Callander Commercial
Buyer's Agent
Scott Gignac
Evenboer Walton, REALTORS
List Price
$389,995
Sold Price
$300,000
Premium/Discount to List
-$89,995
-23.08%
Current Estimated Value
$361,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,494
Avg. Annual Appreciation
1.99%

Purchase Details

Closed on
Oct 3, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Devon Title Company
$400,000 Devon Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Previous Owner $127,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $300,000 -23.1% --
02/09/2017 02/09/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $389,995 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $115,400 $0 $0
2025 $3,377 $107,900 $0 $0
2024 $3,278 $107,900 $0 $0
2023 $3,124 $87,900 $0 $0
2022 $3,253 $69,100 $0 $0
2021 $3,145 $84,000 $0 $0
2020 $3,084 $49,200 $0 $0
2019 $201 $48,700 $0 $0
2018 $0 $50,500 $0 $0
2017 $0 $50,200 $0 $0
2016 -- $52,800 $0 $0
2015 -- $48,300 $0 $0
2014 -- $47,000 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 16055408

MichRIC

APN: 10-04200-273-O

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