NOT LISTED FOR SALE

8423 S Westnedge Ave Portage, MI 49002

Estimated Value: $295,605 - $339,000

-- Bed
1 Bath
-- Sq Ft
0.37 Acres

Last Sold August 08, 2023

Last sale price $270,000

Est. 18% increase in value since last sale

Current estimated payment $2,395/month

44 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Radiant Heating System
  • Portage Central Middle School Rated A-

About This Home

As of August 2023

Back on Market!!! Previous buyer changed their mind. Opportunity awaits the savvy investor. Rare Portage Duplex within walking distance to Portage Central Schools and Kalamazoo county bus line. 2 Large 3 Bdrm units both with garage space and extra parking. One unit entry faces South Westnedge Ave (unit 1) , beautiful hardwood floors in the Bdrms, newer carpet and updated SS appliances includes Dishwashers( 4 yrs) Both Units are rented out currently for $1300 ( Unit 1) )and $1300 (unit 2) per mo, tenants pay Electric. Unit 2 has a fireplace in the bonus room over the garage and all the rooms are a nice size. This property offers very solid cash flow and low maintenance costs. Large Corner Lot with a generous sized backyard is wonderful for privacy and relaxation. Very good income property in a highly desirable area. Tenants require 24 hour notice and showing only between 3-8 pm. Call agent for more details.

Last Agent to Sell the Property

Maureen Kelly

Berkshire Hathaway HomeServices MI License #6501322406 Listed on: 07/14/2023

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Kathryn Baird

CENTURY 21 Affiliated License #6501407506

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 121 x 132
  • Corner Lot: Yes

Home Design

  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Parking

  • 4 Parking Spaces
  • Paved Parking

Additional Features

  • 1 Fireplace
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 121 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 5421.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Covered Entrance
  • Fireplaces: 1
  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 299900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Radiant, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Dimensions: 121 x 132
  • Lot Size Sq Ft: 15987.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5421.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2019
Closed on
Aug 13, 2019
Sold by
New Leaf Property Group Llc
Bought by
Leggitt Robert Franklin and Schramm Kathleen Lynn
Seller's Agent
Charlie Bradford
Chuck Jaqua, REALTOR
Buyer's Agent
Maureen Kelly
Berkshire Hathaway HomeServices MI
List Price
$208,000
Sold Price
$214,000
Premium/Discount to List
$6,000
2.88%
Current Estimated Value
$319,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,401
Avg. Annual Appreciation
6.13%
Original Mortgage
$160,500
Outstanding Balance
$141,479
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$165,253

Purchase Details

Closed on
Apr 27, 2017
Sold by
Ulanski Michael A and Ulanski Anne K
Bought by
New Leaf Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Hawran Mark M
Bought by
Ulanski Michael A and Ulanski Anne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Gold Star Investments Inc
Bought by
Hawran Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Leggitt Robert Franklin $214,000 Chicago Title Of Mi Inc
New Leaf Property Group Llc -- Attorney
Ulanski Michael A $165,000 Ask Services Inc
Hawran Mark M $160,360 Trans
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggitt Robert Franklin $160,500
Previous Owner Ulanski Michael A $123,750
Previous Owner Hawran Mark M $158,956
Previous Owner Hawran Mark M $169,604
Previous Owner Hawran Mark M $169,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $270,000 -10.0% --
07/08/2023 07/08/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $299,900 0.0% --
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $299,900 0.0% --
06/23/2023 06/23/23 For Sale $299,900 -7.7% --
06/09/2023 06/09/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $325,000 +51.9% --
08/13/2019 08/13/19 Sold $214,000 +2.9% --
07/02/2019 07/02/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $208,000 -- --
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 $7,894 $137,100 $0 $0
2024 $7,894 $136,800 $0 $0
2023 $5,207 $111,600 $0 $0
2022 $5,421 $95,400 $0 $0
2021 $5,242 $96,600 $0 $0
2020 $5,140 $82,000 $0 $0
2019 $335 $81,300 $0 $0
2018 $0 $79,500 $0 $0
2017 $0 $79,100 $0 $0
2016 -- $76,000 $0 $0
2015 -- $68,800 $0 $0
2014 -- $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23017444

Southwestern Michigan Association of REALTORS®

APN: 10-02440-003-O