NOT LISTED FOR SALE

Estimated Value: $229,000 - $282,000

-- Bed
-- Bath
-- Sq Ft
4,268 Sq Ft Lot

Last Sold June 04, 2015

Last sale price $63,500

Est. 300% increase in value since last sale

Current estimated payment $1,495/month

25 Days on Market

About This Home

As of June 2015

City Certified 2 unit on the NW side. Hardwood floors, some newer windows. Upper unit has 2 beds and lower has 3 beds. Split utilities. Both units are occupied and bring in $1369/MO.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 12/11/2014

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Ryan Dawson

Midwest Elite Real Estate LLC License #6501366583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1890

Lot Details

  • 4,268 Sq Ft Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 32.5*132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1256.99
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 68500.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4268.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1256.99
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jun 4, 2015
Sold by
869 10Th Street Llc
Bought by
Ketchum Andrew J and Ketchum Jennifer E
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Ryan Dawson
Midwest Elite Real Estate LLC
List Price
$68,500
Sold Price
$63,500
Premium/Discount to List
-$5,000
-7.3%
Current Estimated Value
$253,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,266
Avg. Annual Appreciation
14.34%
Original Mortgage
$47,625
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2009
Sold by
Beckett Investments Llc
Bought by
869 10Th St Llc

Purchase Details

Closed on
Oct 28, 2008
Sold by
Direct Systems Llc
Bought by
Ubm Land Contract Llc

Purchase Details

Closed on
Oct 10, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Direct Systems Llc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Jolliffe Kenneth L
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Feb 3, 2004
Sold by
Baker James and Baker Kaelyn
Bought by
Jolliffe Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2000
Sold by
Verheek Verheek A A and Verheek Baker J
Bought by
Baker J and 869 10Th Street Llc

Purchase Details

Closed on
Aug 25, 1993
Sold by
Bogue Bogue E E and Bogue Verheek T
Bought by
869 10Th Street Llc
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
Ketchum Andrew J $63,500 Sun Title Agency Of Mi Llc
Great Lakes Classic 4X4 Llc -- None Available
869 10Th St Llc -- None Available
Ubm Land Contract Llc -- None Available
Direct Systems Llc -- None Available
Jp Morgan Chase Bank $71,400 None Available
Jolliffe Kenneth L $82,500 --
Baker J $51,400 --
869 10Th Street Llc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ketchum Andrew J $47,625
Previous Owner Jolliffe Kenneth L $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $63,500 -7.3% --
01/05/2015 01/05/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $68,500 -- --
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 $1,783 $98,900 $0 $0
2024 $1,783 $89,300 $0 $0
2023 $1,705 $80,000 $0 $0
2022 $1,681 $64,800 $0 $0
2021 $1,638 $57,900 $0 $0
2020 $1,583 $51,200 $0 $0
2019 $1,621 $40,700 $0 $0
2018 $1,572 $34,000 $0 $0
2017 $1,533 $28,800 $0 $0
2016 $1,541 $26,200 $0 $0
2015 $955 $26,200 $0 $0
2013 -- $18,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14065470

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-277-015