NOT LISTED FOR SALE

Estimated Value: $335,171 - $357,000

-- Bed
3 Baths
-- Sq Ft
8,811 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $301,000

Est. 15% increase in value since last sale

Current estimated payment $2,427/month

7 Days on Market

About This Home

As of March 2023

Great investment opportunity, excellent cash flowing 3 unit! Top units is a 3 bedroom, 1 bathroom and the other 2 units are 2 bedroom, 1 bathroom. Split electric and gas. Plenty of off-street parking. Current rents: $1095, $1070, $1,050.

Last Agent to Sell the Property

Brittany Thomas

United Realty Services LLC License #6501407628 Listed on: 02/02/2023

Co-Listed By

Jacob Thomas

United Realty Services LLC

Last Buyer's Agent

Jacob Thomas

United Realty Services LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1880

Lot Details

  • 8,811

Home Design

  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected

Additional Features

  • Michigan Basement
  • 8,811 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 58.57*151.28*58.57*149.6
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2633.53
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 295000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8811.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2633.53
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 6, 2023
Sold by
Monson Justin
Bought by
Jdem Properties Llc
Seller's Agent
Brittany Thomas
United Realty Services LLC
Buyer's Agent
Jacob Thomas
United Realty Services LLC
List Price
$295,000
Sold Price
$301,000
Premium/Discount to List
$6,000
2.03%
Views
32
Current Estimated Value
$346,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,543
Avg. Annual Appreciation
5.61%
Original Mortgage
$225,750
Outstanding Balance
$218,663
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$127,880

Purchase Details

Listed on
Sep 27, 2017
Closed on
Oct 31, 2017
Sold by
Faith Equals Peace Llc
Bought by
Leonard John
Seller's Agent
Marty Kellogg
616 Realty LLC
Buyer's Agent
Jacob Thomas
United Realty Services LLC
List Price
$155,000
Sold Price
$170,000
Premium/Discount to List
$15,000
9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$161,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2017
Closed on
Feb 24, 2017
Sold by
Carlos Property Management Llc
Bought by
Faith Equals Peace Llc
Seller's Agent
Mark Baragar
Baragar Realty
Buyer's Agent
Marty Kellogg
616 Realty LLC
List Price
$109,900
Sold Price
$130,000
Premium/Discount to List
$20,100
18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.24%

Purchase Details

Closed on
May 19, 2015
Sold by
Hernandez Carlos and Hernandez Erica
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
Dec 30, 2014
Sold by
Carlos Property Management Llc
Bought by
Hernandez Carlos

Purchase Details

Closed on
Oct 30, 2014
Sold by
Harbor Land Group Llc
Bought by
Hernandez Carlos

Purchase Details

Closed on
Nov 21, 2012
Sold by
Harborland Management Llc
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
Aug 16, 2011
Sold by
Rodriguez Remijio and Ramirez Maria G
Bought by
Harbor Land Group Llc

Purchase Details

Closed on
Apr 19, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2011
Sold by
Ramirez Maria G and Rodriguez Remijio
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jul 11, 1997
Sold by
Smith Smith R R and Smith D
Bought by
Berry Allan L and Carlos Property Management Llc

Purchase Details

Closed on
Oct 9, 1995
Sold by
Raatz Raatz M M and Raatz Smith R
Bought by
Smith R and Carlos Property Management Llc

Purchase Details

Closed on
Sep 2, 1994
Sold by
Piersma Piersma M M and Piersma Raatz M
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
Oct 11, 1993
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
May 26, 1992
Sold by
Palmer Palmer D D and Palmer Piersma M
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
May 25, 1992
Sold by
Thue Thue D D and Thue Palmer D
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
Sep 28, 1989
Bought by
Carlos Property Management Llc

Purchase Details

Closed on
Nov 14, 1988
Bought by
Carlos Property Management Llc
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
Jdem Properties Llc -- None Listed On Document
Monson Justin $301,000 Bell Title
Leonard John $170,000 Bell Title Agency
Faith Equals Peace Llc $130,000 None Available
Carlos Property Management Llc -- None Available
Hernandez Carlos -- None Available
Hernandez Carlos -- None Available
Carlos Property Management Llc -- None Available
Harbor Land Group Llc $20,500 None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $15,100 None Available
Berry Allan L $74,000 --
Smith R $65,000 --
Carlos Property Management Llc $62,000 --
Carlos Property Management Llc -- --
Carlos Property Management Llc $28,000 --
Carlos Property Management Llc $14,200 --
Carlos Property Management Llc $28,000 --
Carlos Property Management Llc $14,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monson Justin $225,750
Previous Owner Leonard John $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Sold $301,000 +2.0% --
02/09/2023 02/09/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $295,000 +73.5% --
11/02/2017 11/02/17 Sold $170,000 +9.7% -- View Prior Sale
10/03/2017 10/03/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $155,000 +19.2% --
03/03/2017 03/03/17 Sold $130,000 +18.3% -- View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $109,900 -- --
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 $6,999 $146,600 $0 $0
2024 $6,999 $140,300 $0 $0
2023 $2,713 $120,400 $0 $0
2022 $2,634 $100,300 $0 $0
2021 $2,512 $88,600 $0 $0
2020 $2,428 $80,300 $0 $0
2019 $2,486 $58,600 $0 $0
2018 $2,410 $45,500 $0 $0
2017 $1,927 $36,200 $0 $0
2016 $3,131 $31,800 $0 $0
2015 $2,114 $31,800 $0 $0
2013 -- $40,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23003351

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-278-011