NOT LISTED FOR SALE

Estimated Value: $394,000 - $491,166

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Last Sold October 02, 2017

Last sale price $170,000

Est. 165% increase in value since last sale

Current estimated payment $2,996/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • Wood Siding
  • East Kentwood High School Rated A-
  • Laundry Facilities

About This Home

As of October 2017

Looking for a great investment in real estate , here's you opportunity.
Solid 4 plex with 3 two bedroom units and 1 one bedroom.
Coin op laundry, hot water heat, carports.
Rents are low due to long term tenants.
Market rate for 1 bedrooms is $660.00 and 2 bedroom is $730.00.

Last Agent to Sell the Property

Sam Sterk

Five Star Real Estate (Grandv) License #6502403840 Listed on: 08/09/2017

Five Star Real Estate (Grandv)

Last Buyer's Agent

Jacob “Jake” Farr

Bellabay Realty LLC License #6506048140

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 148x135x148x135

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,790

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 148x135x148x135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2790.0
  • Tax Info:Zoning3: R2
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Wood Siding
  • List Price: 174900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Carports: Yes

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 148x135x148x135
  • Lot Size Sq Ft: 19980.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2790.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Patel Ravindrakumar and Patel Babu
Bought by
Srbb Llc
Current Estimated Value
$451,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2021
Sold by
Feenstra Jeremy J
Bought by
Patel Ravindrakumar Manilal and Patel Babu Mohanlal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 29, 2017
Sold by
Glenwood Properties Llc
Bought by
Feenstra Jeremy J
Seller's Agent
Sam Sterk
Five Star Real Estate (Grandv)
Buyer's Agent
Jacob “Jake” Farr
Bellabay Realty LLC
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$127,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
W+R Builders Partnership
Bought by
Glenwood Properties 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
Srbb Llc -- None Available
Patel Ravindrakumar Manilal $330,000 Star Title Agency Llc
Feenstra Jeremy J $170,000 Star Title Agency Llc
Glenwood Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Ravindrakumar Manilal $247,500
Previous Owner Feenstra Jeremy J $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $170,000 -2.8% --
08/14/2017 08/14/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $174,900 -- --
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 $6,311 $187,600 $0 $0
2024 $6,311 $179,400 $0 $0
2023 $7,778 $172,300 $0 $0
2022 $7,378 $132,800 $0 $0
2021 $4,587 $110,300 $0 $0
2020 $3,305 $108,500 $0 $0
2019 $4,469 $101,200 $0 $0
2018 $4,371 $77,400 $0 $0
2017 $2,785 $59,200 $0 $0
2016 $2,718 $55,500 $0 $0
2015 $2,651 $55,500 $0 $0
2013 -- $47,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17040041

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-102-003