NOT LISTED FOR SALE

Estimated Value: $221,000 - $239,000

4 Beds
1 Bath
-- Sq Ft
9,583 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $185,000

Est. 24% increase in value since last sale

Current estimated payment $1,476/month

17 Days on Market

About This Home

As of September 2022

Two identical units that generate annual income of $24,000. Nice sized living room with a kitchen and eating area in the back. Each unit has 2 large bedrooms and a shared hallway bath. Both units have a full basement. Owner pays for water, sewage, trash and maintains w/d area.

Last Agent to Sell the Property

Paul Graham

Five Star Real Estate Listed on: 07/10/2022

Last Buyer's Agent

Wendy Wilkinson Lyster

RE/MAX Advantage License #6501299433

RE/MAX Advantage

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1971

Lot Details

  • 9,583

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Doors are 36 inches wide or more
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,112

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 195000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3112.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Sep 2, 2022
Sold by
Shiekho Mohamed
Bought by
Thiede Justin and Heintelman Jennifer
Seller's Agent
Paul Graham
Five Star Real Estate
Buyer's Agent
Wendy Wilkinson Lyster
RE/MAX Advantage
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$229,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,250
Avg. Annual Appreciation
5.51%
Original Mortgage
$157,250
Outstanding Balance
$150,828
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$66,560

Purchase Details

Closed on
Oct 31, 2005
Sold by
Chow Michael
Bought by
Chow Michael and Chow Carrine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 2002
Sold by
Scott Soorus Real Estate Investments Llc
Bought by
Chow Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
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
Thiede Justin $185,000 Devon Title Company
Chow Michael -- Metropolitan Title
Chow Michael $115,000 Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiede Justin $157,250
Previous Owner Chow Michael $104,800
Previous Owner Chow Michael $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $185,000 -5.1% --
07/27/2022 07/27/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $195,000 -2.5% --
07/10/2022 07/10/22 For Sale $199,900 +17.6% --
04/28/2022 04/28/22 Sold $170,000 -10.5% --
04/11/2022 04/11/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $190,000 0.0% --
03/04/2022 03/04/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $190,000 -- --
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
2025 $2,845 $97,000 $0 $0
2024 $2,845 $91,500 $0 $0
2023 $2,529 $79,300 $0 $0
2022 $2,388 $68,900 $0 $0
2021 $3,112 $63,400 $0 $0
2020 $3,054 $59,600 $0 $0
2019 $3,016 $54,400 $0 $0
2018 $2,950 $46,100 $0 $0
2017 $3,098 $45,700 $0 $0
2016 $3,098 $41,300 $0 $0
2015 $3,098 $41,400 $0 $0
2014 $3,098 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22028660

Southwestern Michigan Association of REALTORS®

APN: 06-33-259-004