NOT LISTED FOR SALE

7935 Forest Beach Rd Watervliet, MI 49098

Paw Paw Lake Neighborhood

Estimated Value: $500,727

-- Bed
-- Bath
-- Sq Ft
1987 Built

Last Sold September 27, 2019

Last sale price $375,000

Est. 34% increase in value since last sale

Current estimated payment $3,606/month

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of September 2019

The beautifully remodeled 6-unit Apartment Building is located within 2 blocks of Paw Paw Lake. Each unit has its' own refrigerator, stove, dishwasher, hot water heater, AC unit and garage. Some units have balconies and seasonal views of the lake. There is an onsite laundry with 2 coin-op washers and dryers. Square footage does not include units 1&2 which are partially below grade.

Last Agent to Sell the Property

Tim O'Leary

Michigan Lake & Land LLC License #6504362071 Listed on: 06/30/2019

Last Buyer's Agent

Tim O'Leary

Michigan Lake & Land LLC License #6504362071 Listed on: 06/30/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1987

Parking

  • 16 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,997

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 375000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 16.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Electric, Hot Water
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Sewer, Broadband
  • Water Source: Well, Public

Lot Info

  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 1.0
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 5997.37
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Marquez Jose R Dominguez and Dominguez Connie M
Bought by
Dominguez Connie M and Marquez Jose R
Current Estimated Value
$500,727

Purchase Details

Listed on
Jun 30, 2019
Closed on
Oct 4, 2019
Sold by
7935 Forest Beach Llc
Bought by
Marquez Jose R Dominguez and Dominguez Connie M
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$300,000
Outstanding Balance
$265,121
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$235,606

Purchase Details

Listed on
Jun 30, 2019
Closed on
Sep 27, 2019
Sold by
7935 Forest Beach Llc
Bought by
Marquez Jose R Dominguez and Dominguez Connie M
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$265,121
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$235,606

Purchase Details

Listed on
Nov 8, 2016
Closed on
Nov 8, 2016
Sold by
Paw Paw Lake & Land Llc
Bought by
7935 Forest Beach Llc
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%
Original Mortgage
$196,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2000

Purchase Details

Closed on
Sep 8, 2000

Purchase Details

Closed on
May 3, 1982

Purchase Details

Closed on
May 26, 1981

Purchase Details

Closed on
Dec 1, 1978
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dominguez Connie M -- None Available
Marquez Jose R Dominguez -- First American Title
Marquez Jose R Dominguez -- First American Title
7935 Forest Beach Llc $245,000 Chicago Title Of Mi Inc
-- $236,700 --
-- $239,900 --
-- $54,000 --
-- $50,000 --
-- $44,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Jose R Dominguez $300,000
Closed Marquez Jose R Dominguez $300,000
Previous Owner 7935 Forest Beach Llc $196,000
Previous Owner Paw Paw Lake & Land Llc $379,513
Previous Owner Michigan Lake & Land Llc $85,000
Previous Owner Paw Paw Lake & Land Llc $45,000
Previous Owner Paw Paw Lake & Land Llc $457,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $375,000 0.0% --
06/30/2019 06/30/19 For Sale $375,000 +53.1% --
06/28/2019 06/28/19 Pending -- -- --
11/08/2016 11/08/16 Sold $245,000 -2.0% --
11/08/2016 11/08/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $249,900 -- --
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 $9,807 $231,300 $0 $0
2024 $7,536 $209,200 $0 $0
2023 $7,177 $208,700 $0 $0
2022 $6,929 $190,600 $0 $0
2021 $8,756 $183,300 $0 $0
2020 $8,636 $179,600 $0 $0
2019 $6,048 $136,600 $0 $0
2018 $5,997 $123,000 $0 $0
2017 $6,143 $126,600 $0 $0
2016 $4,398 $98,500 $0 $0
2015 $4,414 $91,800 $0 $0
2014 $3,280 $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tim O'Leary

    Michigan Lake & Land LLC

    (269) 422-1111

    1 in this area

    52 Total Sales

    Tim O'Leary
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19030250

Southwestern Michigan Association of REALTORS®

APN: 11-21-2330-0115-00-1

Michigan Berrien County Watervliet 49098 Paw Paw Lake

7935 Forest Beach Rd, Watervliet, MI

This home is located at 7935 Forest Beach Rd, Watervliet, MI 49098 since 30 June 2019 and is currently estimated at $500,727. This property was built in 1987. 7935 Forest Beach Rd is a home located in Berrien County with nearby schools including North Elementary School, South Elementary School, and Watervliet Middle 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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