NOT LISTED FOR SALE

8503-8517 Holton Duck Lake Rd Holton, MI 49425

Estimated Value: $477,860

1 Bed
1 Bath
-- Sq Ft
2.56 Acres

Last Sold November 15, 2018

Last sale price $286,565

Est. 67% increase in value since last sale

Current estimated payment $2,707/month

40 Days on Market

About This Home

As of November 2018

Don't miss out on this great investment opportunity. 17 units include 1, 2, 3, and 4 bedroom homes. Property is over 2.5 acres and is on 5 separate parcels. Convenient location and tons of potential!

Last Listed By

Tom Monette

Greenridge Realty Muskegon License #6502351305 Listed on: 08/17/2018

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1800

Lot Details

  • 2.56

Parking

  • 17 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Well
  • Septic System

Additional Features

  • Crawl Space
  • 2.56 Acre Lot

Community Details

  • 8 Buildings
  • 17 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1800
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 300000.0
  • Number of Buildings: 8
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 17.0

Utilities

  • Heating: Natural Gas, Wall Furnace, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 2.56
  • Lot Size Area: 2.56
  • Lot Size Sq Ft: 111513.0
  • Zoning Description: Com
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 17

Tax Info

  • Tax Annual Amount: 13322.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 13, 2018
Sold by
Rice Kevin and Nye Betty A
Bought by
Rp Construction Exchange Co Llc
Seller's Agent
Tom Monette
Greenridge Realty Muskegon
Buyer's Agent
Nonmember Agent
Non Member
List Price
$300,000
Sold Price
$286,565
Premium/Discount to List
-$13,435
-4.48%
Total Days on Market
40
Current Estimated Value
$477,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,295
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Aug 8, 2003
Sold by
Crumbley Ray
Bought by
Nye Betty A

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
Rp Construction Exchange Co Llc -- Chicago Title Of Michigan In
Nye Betty A $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nye Betty A $89,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $286,565 -4.5% --
09/26/2018 09/26/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $300,000 -- --
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
2024 $383 $37,300 $0 $0
2023 $366 $32,800 $0 $0
2022 $1,500 $31,300 $0 $0
2021 $1,457 $29,600 $0 $0
2020 $1,440 $28,700 $0 $0
2019 $806 $15,900 $0 $0
2018 $1,177 $25,800 $0 $0
2017 $1,152 $25,900 $0 $0
2016 $266 $25,600 $0 $0
2015 -- $25,600 $0 $0
2014 -- $29,200 $0 $0
2013 -- $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18040640

Southwestern Michigan Association of REALTORS®

APN: 05-027-200-0017-00