NOT LISTED FOR SALE

8305 Indian Trail Watervliet, MI 49098

Estimated Value: $330,000 - $345,215

4 Beds
2 Baths
-- Sq Ft
0.7 Acres

Last Sold December 23, 2014

Last sale price $124,000

Est. 173% increase in value since last sale

Current estimated payment $2,363/month

258 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating System
  • High Speed Internet
  • 0.7 Acre Lot

About This Home

As of December 2014

What a great opportunity to become a Landlord & have income for 4 rental units. The Two Duplex's have a total of 4 rental units which are 625 sq ft each. Each unit has 1 br. & 1 ba., kit. & living room. But best of all all 4 units are located in the Pokagon Beach Heights Association, where you can have a dock for a boat & Paw Paw Lake waterfrontage. Dues for this is only $100.a year for all four units. A very inexpensive way to get on Paw Paw Lake & also to have income from your rentals. Don't Pass up on this chance of a lifetime. Also, an extra large lot is included. Or live in one unit & have the renters pay your mortgage payment. Any way you can't lose. Also conveniently located in close proximity to I-94 & M-140 for convenience. Don't Wait. Call for an appointment todayj!!All new g

Last Agent to Sell the Property

Pat Snow

Tala Real Estate License #6501199816 Listed on: 03/18/2014

Last Buyer's Agent

Pat Snow

Tala Real Estate License #6501199816 Listed on: 03/18/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1962

Lot Details

  • 0.7 Acre Lot
  • Waterfront
  • The property's road front is unimproved

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,747

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 135500.0
  • Number of Buildings: 2
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Topography: {"Level":true}
  • Water Body Name: Paw Paw Lake
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Sq Ft: 30492.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Dec 23, 2014
Sold by
Hanks Frank Edward and Hanks Shannon K
Bought by
Snickam Enterprises Llc
Seller's Agent
Pat Snow
Tala Real Estate
Buyer's Agent
Pat Snow
Tala Real Estate
List Price
$135,500
Sold Price
$124,000
Premium/Discount to List
-$11,500
-8.49%
Current Estimated Value
$338,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,304
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Mar 2, 1995

Purchase Details

Closed on
Oct 25, 1994
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
Snickam Enterprises Llc $124,000 Multiple
-- $100 --
-- $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $124,000 -8.5% --
12/01/2014 12/01/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $135,500 -- --
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 $6,409 $165,500 $0 $0
2024 $4,393 $153,600 $0 $0
2023 $4,184 $135,100 $0 $0
2022 $4,039 $129,700 $0 $0
2021 $5,819 $125,000 $0 $0
2020 $5,757 $123,600 $0 $0
2019 $5,664 $121,900 $0 $0
2018 $5,552 $125,400 $0 $0
2017 $5,486 $127,200 $0 $0
2016 $5,406 $97,400 $0 $0
2015 $5,257 $97,400 $0 $0
2014 $1,776 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Pat Snow

    Tala Real Estate

    (269) 325-5586

    9 in this area

    57 Total Sales

    Pat Snow
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14011870

Southwestern Michigan Association of REALTORS®

APN: 11-21-6080-0150-02-7

Michigan Berrien County Watervliet 49098

8305 Indian Trail, Watervliet, MI

This home is located at 8305 Indian Trail, Watervliet, MI 49098 since 18 March 2014 and is currently estimated at $338,304. This property was built in 1962. 8305 Indian Trail 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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