NOT LISTED FOR SALE

Estimated Value: $214,000 - $351,000

2 Beds
1 Bath
-- Sq Ft
0.45 Acres

Last Sold May 28, 2021

Last sale price $160,000

Est. 82% increase in value since last sale

Current estimated payment $1,705/month

4 Days on Market

About This Home

As of May 2021

A Great investment property!! Or live on one side and rent out the other. Or great for other side to be for aging parents. There are two tax codes: Duplex lot is 110846000096000 and additional lot right next to is is ll0846000094015
The Duplex lot size is ..27 acre and vacant lot is .18 acre . Both lots combined is .45 acre in all. Seller pays for electric for the well, which is $32.00 a month ave. The electric baseboard heat is only in the bathrooms. The rest is Radiant heat. Duplex needs some TLC.. At this time tenant is not being cooperative in letting us show the Duplex.If you want to make an offer it would have to be contingent upon us being able to show the property. We are accepting highest and best offers until Monday May 10,2021 at 12:00 Noon. Thank you.

Last Listed By

Pat Snow

Tala Real Estate License #6501199816 Listed on: 05/06/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1969

Lot Details

  • 0.45

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Natural Gas Connected
  • Well
  • Cable TV Available

Additional Features

  • 0.45 Acre Lot
  • Tillable Land

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,590

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 147000.0
  • Lot Features: Tillable, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Radiant, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Sewer
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19600.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3590.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Michael Fairman 2009 Gift Trust
Bought by
7839 Pear Street Llc
Total Days on Market
4
Current Estimated Value
$291,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$124,171
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$136,098

Purchase Details

Listed on
May 6, 2021
Closed on
May 28, 2021
Sold by
Baldwin Tracy A and Wilford Tracy A
Bought by
Fairman Michael and Michael Fairman 2009 Gift Trus
Seller's Agent
Pat Snow
Tala Real Estate
Buyer's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
List Price
$147,000
Sold Price
$160,000
Premium/Discount to List
$13,000
8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Wilford Francis D and Wilford Diane D
Bought by
Wilford Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2000

Purchase Details

Closed on
Oct 1, 1991

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
7839 Pear Street Llc -- --
Fairman Michael $160,000 First American Title
Wilford Tracy A $75,000 --
-- $75,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7839 Pear Street Llc $198,750
Previous Owner Wilford Tracy A $103,000
Previous Owner Wilford Tracy A $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $160,000 +8.8% --
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $147,000 -- --
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
2024 $870 $100,000 $0 $0
2023 $829 $84,500 $0 $0
2022 $790 $72,600 $0 $0
2021 $2,618 $68,700 $12,200 $56,500
2020 $3,457 $61,500 $0 $0
2019 $3,772 $50,200 $12,200 $38,000
2018 $3,153 $50,200 $0 $0
2017 $2,391 $50,200 $0 $0
2016 $3,233 $50,200 $0 $0
2015 $2,988 $50,200 $0 $0
2014 $522 $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21015853

Southwestern Michigan Association of REALTORS®

APN: 11-08-4600-0096-00-0