NOT LISTED FOR SALE

Estimated Value: $191,000 - $207,977

4 Beds
2 Baths
-- Sq Ft
3,001 Sq Ft Lot

Last Sold August 27, 2018

Last sale price $105,000

Est. 92% increase in value since last sale

Current estimated payment $1,306/month

4 Days on Market

About This Home

As of August 2018

Investor and potential home owner this is a great opportunity to create passive income by owning this beautiful piece of history. Just walking minutes to to downtown and breweries, you can own this money making machine with all utilities separate and current fully rented.

Last Agent to Sell the Property

Rene Guzman

1st Advantage Realty License #6501383944 Listed on: 07/08/2018

Last Buyer's Agent

Rene Guzman

1st Advantage Realty License #6501383944 Listed on: 07/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1900

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 40x75

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System
  • High Speed Internet
  • Phone Connected
  • 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

$1,352

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 110000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1352.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Aug 27, 2018
Sold by
Amezola Maricela
Bought by
Nidificate Llc
Seller's Agent
Rene Guzman
1st Advantage Realty
Buyer's Agent
Rene Guzman
1st Advantage Realty
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Total Days on Market
4
Current Estimated Value
$201,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,494
Avg. Annual Appreciation
10.11%
Original Mortgage
$78,750
Outstanding Balance
$69,235
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$132,259

Purchase Details

Closed on
Apr 20, 2016
Sold by
La Roca Llc
Bought by
Rodriguez Ana and Olivas Ana

Purchase Details

Closed on
Jan 2, 2014
Sold by
Kuncaitis Michael and Kuncaitis Elouise
Bought by
Eerdmans Rebecca

Purchase Details

Closed on
Dec 30, 2013
Sold by
Rock Investing Llc
Bought by
Eerdmans Rebecca

Purchase Details

Closed on
Jun 1, 2009
Sold by
Yeo Judith
Bought by
Rock Investing Llc

Purchase Details

Closed on
May 27, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Yeo Judith

Purchase Details

Closed on
Jul 1, 2008
Sold by
Countrywide Home Loans Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 11, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Gutierrez Jose
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 3, 2006
Sold by
Rios Galacion and Rios Amanda
Bought by
Gutierrez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,856
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2006
Sold by
Hud
Bought by
Rios Galacion

Purchase Details

Closed on
Oct 24, 2005
Sold by
Union Federal Bank Of Indianapolis
Bought by
Hud

Purchase Details

Closed on
Apr 13, 2005
Sold by
Vasquez Apolinar
Bought by
Union Federal Bank Of Indianapolis and Union Fsb Of Indianapolis

Purchase Details

Closed on
Jul 23, 2003
Sold by
Vargas Sandra
Bought by
Vazquez Apolinar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,270
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2000
Sold by
Rsdntl Fnd and Rsdntl Vargas S
Bought by
Olivas Vargas S and Olivas Ana

Purchase Details

Closed on
Aug 3, 1995
Bought by
Bible Club and Olivas Ana

Purchase Details

Closed on
Aug 2, 1995
Sold by
Parks Parks R R and Parks Ramos J
Bought by
Olivas Ramos J and Olivas Ana

Purchase Details

Closed on
Aug 1, 1995
Bought by
Bible Club and Olivas Ana

Purchase Details

Closed on
Aug 2, 1990
Sold by
Parks Parks R R and Parks J
Bought by
Olivas Ana

Purchase Details

Closed on
Oct 27, 1989

Purchase Details

Closed on
Oct 5, 1987
Sold by
Parks Parks J J and Parks R
Bought by
Olivas Ana

Purchase Details

Closed on
Nov 2, 1984

Purchase Details

Closed on
Oct 24, 1984

Purchase Details

Closed on
Sep 10, 1984

Purchase Details

Closed on
Nov 10, 1981
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
Nidificate Llc -- None Available
Amezola Maricela $105,000 Essential Title Agency Llc
Rodriguez Ana $25,000 Essential Title Agency Llc
La Roca Llc -- None Available
La Roca Llc -- None Available
Eerdmans Rebecca -- Attorney
Kuncaitis Michael -- None Available
Eerdmans Rebecca -- None Available
Kuncaitis Michael -- None Available
Rock Investing Llc -- None Available
Yeo Judith $15,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Countrywide Home Loans Inc -- None Available
Mortgage Electronic Registration Systems $76,009 None Available
Gutierrez Jose $74,000 None Available
Rios Galacion $51,500 None Available
Hud -- --
Union Federal Bank Of Indianapolis $96,550 --
Vazquez Apolinar $93,000 --
Olivas Vargas S $27,000 --
Bible Club -- --
Olivas Ramos J $17,500 --
Bible Club -- --
Olivas Ana $17,500 --
-- $7,500 --
Olivas Ana -- --
-- $10,000 --
-- $7,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amezola Maricela $78,750
Previous Owner Gutierrez Jose $72,856
Previous Owner Vazquez Apolinar $92,270
Previous Owner Vargas Sandra $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $105,000 -4.5% --
07/12/2018 07/12/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $110,000 -- --
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 $2,090 $75,300 $0 $0
2023 $1,997 $63,700 $0 $0
2022 $1,970 $50,100 $0 $0
2021 $1,920 $44,700 $0 $0
2020 $1,855 $39,100 $0 $0
2019 $1,900 $35,600 $0 $0
2018 $1,407 $28,500 $0 $0
2017 $1,769 $26,400 $0 $0
2016 $1,722 $25,700 $0 $0
2015 $1,314 $25,700 $0 $0
2013 -- $25,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18031849

Southwestern Michigan Association of REALTORS®

APN: 41-13-36-333-011