NOT LISTED FOR SALE

8936 Meadow Ln Berrien Springs, MI 49103

Estimated Value: $238,000 - $287,000

4 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold March 12, 2021

Last sale price $167,000

Est. 52% increase in value since last sale

Current estimated payment $1,689/month

1 Day on Market

Highlights

  • Cooling Available
  • Baseboard Heating
  • High Speed Internet
  • Berrien Springs High School Rated A-

About This Home

As of March 2021

Here is a great opportunity to own your own home and acquire an investment property at the same time. This duplex has had many upgrades in the past year. The vacant unit is ready for move-in and the longtime tenant on the other side provides income that will help pay the mortgage.
If you are an investor, you have a chance to choose your new tenant.

Last Agent to Sell the Property

Virginia Tomasi

Ziems Agency, The License #6506040010 Listed on: 02/28/2021

Last Buyer's Agent

David Jardine

@properties Christie's International R.E. License #6501406777

@properties Christie's International R.E.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1969

Lot Details

  • 0.34 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Window Unit Heating System
  • Baseboard Heating
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Insurance Expense $1,104

Listing and Financial Details

  • Tenant pays for water, trash collection

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,700

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 176900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Cable Connected, Telephone Line, Public Water, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection

Multi Family

  • Insurance Expense: 1104.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2700.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 12, 2021
Sold by
Tomasi Investments Llc
Bought by
Schalk Scott and Schalk Louis Walker
Seller's Agent
Virginia Tomasi
Ziems Agency, The
Buyer's Agent
David Jardine
@properties Christie's International R.E.
List Price
$176,900
Sold Price
$167,000
Premium/Discount to List
-$9,900
-5.6%
Total Days on Market
1
Current Estimated Value
$253,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,502
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Jul 30, 2002

Purchase Details

Closed on
Apr 2, 1999

Purchase Details

Closed on
Nov 13, 1979

Purchase Details

Closed on
Jul 31, 1978
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
Schalk Scott $167,000 Accommodation
-- $113,000 --
-- -- --
-- $52,300 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schalk Scott $144,000
Previous Owner Tomasi Investments Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $167,000 -5.6% --
03/01/2021 03/01/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $176,900 -- --
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 $3,254 $103,700 $0 $0
2024 $2,321 $96,000 $0 $0
2023 $2,228 $92,100 $0 $0
2022 $2,173 $83,600 $0 $0
2021 $1,622 $76,800 $0 $0
2020 $2,716 $69,000 $0 $0
2019 $2,700 $74,200 $9,800 $64,400
2018 $2,490 $74,200 $0 $0
2017 $2,513 $69,300 $0 $0
2016 $2,545 $56,700 $0 $0
2015 $2,466 $56,200 $0 $0
2014 $2,018 $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21005915

Southwestern Michigan Association of REALTORS®

APN: 11-15-4260-0185-00-1