NOT LISTED FOR SALE

Estimated Value: $196,000 - $234,000

-- Bed
-- Bath
-- Sq Ft
3,016 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $184,500

Est. 17% increase in value since last sale

Current estimated payment $1,600/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 2-minute walk to Joe Taylor Park
  • Window Unit Cooling System
  • Level Lot

About This Home

As of December 2023

Fantastic GR 2 Family property with each unit boasting a kitchen, dining area (formal dining room down), 2 bedrooms and a bathroom. Split Gas and Electric, split mechanicals, great tenants. Fully occupied turnkey property. Set appt with 24 hour notice today!

Last Listed By

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 10/09/2023

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 1900

Lot Details

  • 3,016 Sq Ft Lot
  • Lot Dimensions are 58 x 52
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Location

  • Mineral Rights Excluded

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Shared Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,835

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

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 189900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Connected, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 58 x 52
  • Lot Size Sq Ft: 3016.0
  • Zoning Description: Med Low Den Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3835.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Jan 5, 2024
Sold by
Kauth James
Bought by
Pond Properties Llc
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
Casion Hunt
Weichert REALTORS Plat (Main)
List Price
$189,900
Sold Price
$184,500
Premium/Discount to List
-$5,400
-2.84%
Total Days on Market
5
Views
25
Current Estimated Value
$216,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,029
Avg. Annual Appreciation
9.99%
Original Mortgage
$138,375
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2023
Closed on
Dec 1, 2023
Sold by
Chaffin Orrie P
Bought by
Kauth James
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
Casion Hunt
Weichert REALTORS Plat (Main)
List Price
$189,900
Sold Price
$184,500
Premium/Discount to List
-$5,400
-2.84%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,375
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2021
Sold by
Bennett Michael and Bennett Dawn
Bought by
Chaffin Orrie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1988

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
Pond Properties Llc -- None Listed On Document
Kauth James $184,500 Star Title
Chaffin Orrie P $84,000 Star Title Agency Llc
-- $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kauth James $138,375
Previous Owner Chaffin Orrie P $107,000
Previous Owner Chaffin Orrie P $63,000
Previous Owner Bennett Michael $30,600
Previous Owner Bennett Michael $40,000
Previous Owner Bennett Michael $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $184,500 -2.8% --
10/14/2023 10/14/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $189,900 -- --
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
2024 $4,784 $95,900 $0 $0
2023 $3,835 $84,900 $0 $0
2022 $3,645 $70,300 $0 $0
2021 $1,170 $63,100 $0 $0
2020 $1,131 $53,400 $0 $0
2019 $1,158 $43,900 $0 $0
2018 $1,123 $35,000 $0 $0
2017 $1,095 $29,400 $0 $0
2016 $1,101 $26,000 $0 $0
2015 $1,049 $26,000 $0 $0
2013 -- $27,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23137479

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-107-021