NOT LISTED FOR SALE

Estimated Value: $109,000 - $137,000

2 Beds
1 Bath
-- Sq Ft
0.31 Acres Lot

Sale Details

Date Sold: February 25, 2022

Last sale price $95,000

Est. 30% increase in value since last sale

Current estimated payment $717 / mo

8 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Forced Air Heating System

About This Home

As of February 2022

Great Investment Property in a great location. Each unit has 1 bedroom, separate dining room and kitchen. Units also have separate gas and electric meters, furnaces and water heaters. This is located within walking distance for shopping & dining and is very close to Fort Custer. Tenant is month to month. Each unit has a storage shed in the huge back yard and a window air conditioner. One of the sellers is a licensed real estate agent.

Last Agent to Sell the Property

Michael Walters

Harrington Real Estate Group License #6501349168 Listed on: 01/19/2022

Last Buyer's Agent

Cori Pelfrey

Five Star Real Estate

Five Star Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1953

Lot Details

  • 13,721 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Parking

  • 3 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 2 Units
  • Insurance Expense $850

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,641

Year Built

Built in 1953

Lot Details

0.31 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1953
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 109900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.315
  • Lot Size Area: 0.32
  • Lot Dimensions: 279
  • Lot Size Sq Ft: 13721.0
  • Zoning Description: R1B

Rental Info

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

Multi Family

  • Insurance Expense: 850.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1641.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 25, 2022
Sold by
Walters Michael S and Walters Gail S
Bought by
Shook Diane M
Seller's Agent
Michael Walters
Harrington Real Estate Group
Buyer's Agent
Cori Pelfrey
Five Star Real Estate
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%
Current Estimated Value
$123,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,230
Avg. Annual Appreciation
6.31%
Original Mortgage
$93,279
Outstanding Balance
$86,275
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$36,955

Purchase Details

Closed on
Mar 31, 2021
Sold by
Lipscomb Richard L and Lipscomb Donna A
Bought by
Walters Michael and Walters Gail S

Purchase Details

Closed on
Oct 14, 2010
Sold by
Byrd Jerry T
Bought by
Lipscomb Richard L and Lipscomb Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,875
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bell Kenneth and Glenn E Bell Trust
Bought by
Byrd Jerry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,875
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Bell Glenn E
Bought by
Glenn E Bell Trust

Purchase Details

Closed on
Feb 26, 2004
Sold by
Lane Richard
Bought by
Byrd Jerry T and Bell Glenn E

Purchase Details

Closed on
Sep 17, 2003
Sold by
Lane Wynne
Bought by
Lane Richard

Purchase Details

Closed on
Feb 19, 1997
Bought by
Lane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Shook Diane M $95,000 Ata National Title Group
Walters Michael $70,000 Ata National Title Group Llc
Lipscomb Richard L $54,500 Chicago Title
Byrd Jerry T -- Chicago Title
Glenn E Bell Trust -- --
Byrd Jerry T -- --
Lane Richard -- --
Lane $40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Shook Diane M $93,279
Previous Owner Lipscomb Richard L $40,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $95,000 -13.6% --
01/27/2022 01/27/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $109,900 -- --
Source: MichRIC

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 -- $38,800 $0 $0
2024 $603 $42,218 $0 $0
2023 $1,758 $38,670 $0 $0
2022 $1,308 $30,831 $0 $0
2021 $1,641 $28,774 $0 $0
2020 $1,564 $24,931 $0 $0
2019 $1,564 $24,516 $0 $0
2018 $1,564 $24,180 $1,469 $22,711
2017 $1,584 $24,955 $0 $0
2016 $1,580 $24,563 $0 $0
2015 $1,766 $27,487 $6,059 $21,428
2014 $1,766 $27,487 $6,059 $21,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22001779

MichRIC

APN: 0700-00-015-0

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