NOT LISTED FOR SALE

Estimated Value: $279,000 - $304,000

5 Beds
2 Baths
-- Sq Ft
5,709 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $86,900

Est. 234% increase in value since last sale

Current estimated payment $1,825/month

1 Day on Market

Highlights

  • Corner Lot: Yes
  • High Speed Internet
  • 2-minute walk to Westown Commons Park
  • Forced Air Heating System

About This Home

As of December 2014

Great investment in a growing area near GVSU downtown. Both units have been redone with quality workmanship. Kitchens, baths, bedrooms and bathrooms all updated to high quality standard. New windows throughout, heating system about six months old this building shows pride of ownership. Both units have three bedrooms split utilities.

Last Agent to Sell the Property

Kenneth Jansen

Investor`s Choice-I Listed on: 11/05/2014

Last Buyer's Agent

Tim VandenToorn

United Realty Services LLC License #6502392770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1880

Lot Details

  • 5,709 Sq Ft Lot
  • Lot Dimensions are 58.25x98
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 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

$2,136

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 58.25x98
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2135.73
  • Tax Info:Zoning3: Resd.Improved
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 88900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air, Electric
  • Heating: Yes
  • Utilities: Cable Connected, Broadband
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5708.5
  • Zoning Description: Resd.Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2135.73
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Dec 12, 2014
Sold by
Bertolone Elizabeth C
Bought by
Smith Bryan D and Smith Emma C
Seller's Agent
Kenneth Jansen
Investor`s Choice-I
Buyer's Agent
Tim VandenToorn
United Realty Services LLC
List Price
$88,900
Sold Price
$86,900
Premium/Discount to List
-$2,000
-2.25%
Current Estimated Value
$290,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,258
Avg. Annual Appreciation
12.08%
Original Mortgage
$65,175
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2012
Sold by
Puga Maria
Bought by
Bertolone Elizabeth C

Purchase Details

Closed on
Jul 9, 2008
Sold by
Mesta Pedro and Mesta Rosa
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Jul 22, 1996
Sold by
Kleibusch Kleibusch R R and Kleibusch Mesta P
Bought by
Bertolone Mesta P and Bertolone Elizabeth C
Source: Public Records

Range of Values:

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Average Value
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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
Smith Bryan D $86,900 River Valley Title
Bertolone Elizabeth C -- None Available
Wm Specialty Mortgage Llc $92,471 None Available
Bertolone Mesta P $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Bryan D $111,300
Closed Smith Bryan D $65,175
Previous Owner Mesta Pedro $89,950
Previous Owner Mesta Pedro $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $86,900 -2.2% --
11/06/2014 11/06/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $88,900 -- --
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 $2,664 $153,900 $0 $0
2024 $2,664 $140,800 $0 $0
2023 $2,643 $113,700 $0 $0
2022 $2,512 $106,000 $0 $0
2021 $2,448 $93,300 $0 $0
2020 $2,366 $82,900 $0 $0
2019 $2,422 $65,500 $0 $0
2018 $2,348 $53,400 $0 $0
2017 $2,291 $46,200 $0 $0
2016 $2,302 $42,900 $0 $0
2015 $2,193 $42,900 $0 $0
2013 -- $43,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14061181

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-432-011