$480,000
SOLD MAY 15, 2025

8263 Forest Beach Rd Watervliet, MI 49098

-- Bed
-- Bath
-- Sq Ft
0.83 Acres

Recently Sold

14% Below List Price

43 Days on Market

Highlights

  • 0.83 Acre Lot
  • Baseboard Heating
  • Level Lot
  • 3 Fireplaces

About This Home

As of May 2025

3 DUPLEXES!!! 6 Units total. All units are occupied. Great investment opportunity! A total of 3 duplexes with newer roofs are included in this sale. All 3 properties are located on an oversized lot in Watervliet. Each unit has 2 bedrooms, 1 bath, living room and dining room with slider to the rear patio. The ample kitchen, main floor laundry and single car garage makes leasing a breeze. Located within a short distance to Paw Paw Lake and Forest Beach public park, this unique property wont last long. Call to arrange your private showing today

Last Agent to Sell the Property

David Jardine

@properties Christie's International R.E. License #6501406777 Listed on: 02/07/2025

@properties Christie's International R.E.

Last Buyer's Agent

David Jardine

@properties Christie's International R.E. License #6501406777 Listed on: 02/07/2025

@properties Christie's International R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1983

Lot Details

  • 0.83 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3 Fireplaces
  • Crawl Space

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1983
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular.
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 6310.0
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 555000.0
  • Lot Features: Level
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.83
  • Lot Size Area: 0.83
  • Lot Dimensions: irregular.
  • Lot Size Sq Ft: 35954.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 6310.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
May 15, 2025
Sold by
Kerly Enterprises Ii Llc
Bought by
Waters Edge Horizon Llc
Seller's Agent
David Jardine
@properties Christie's International R.E.
Buyer's Agent
David Jardine
@properties Christie's International R.E.
List Price
$555,000
Sold Price
$480,000
Premium/Discount to List
-$75,000
-13.51%
Views
33
Current Estimated Value
$481,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333
Avg. Annual Appreciation
0.66%
Original Mortgage
$560,000
Outstanding Balance
$558,013
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$76,680

Purchase Details

Closed on
Aug 26, 2003
Sold by
Mitchell Family Lp #3
Bought by
Kerly Enterprises Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2001

Purchase Details

Closed on
Aug 21, 2000

Purchase Details

Closed on
Jun 8, 1993

Purchase Details

Closed on
Mar 30, 1984

Purchase Details

Closed on
Jun 15, 1982
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 Type Sale Price Title Company
Warranty Deed $480,000 Chicago Title Of Michigan
Warranty Deed $480,000 Chicago Title Of Michigan
Warranty Deed -- --
Deed $100 --
Deed -- --
Deed -- --
Deed $100 --
Deed $9,200 --
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Closed $560,000 New Conventional
Previous Owner $320,000 Purchase Money Mortgage
Closed $80,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Sold $480,000 -13.5% --
02/07/2025 02/07/25 For Sale $555,000 -- --
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 $9,140 $257,000 $0 $0
2024 $6,310 $232,800 $0 $0
2023 $6,009 $244,900 $0 $0
2022 $5,802 $234,800 $0 $0
2021 $7,863 $225,700 $0 $0
2020 $7,770 $222,100 $0 $0
2019 $7,633 $219,200 $0 $0
2018 $7,759 $212,400 $0 $0
2017 $7,664 $216,600 $0 $0
2016 $10,094 $259,400 $0 $0
2015 $10,132 $198,800 $0 $0
2014 $7,542 $240,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25004531

Southwestern Michigan Association of REALTORS®

APN: 11-21-6080-0123-00-3