NOT LISTED FOR SALE

914 N Main St Watervliet, MI 49098

Estimated Value: $248,000 - $290,451

4 Beds
4 Baths
-- Sq Ft
0.5 Acres

Last Sold July 20, 2018

Last sale price $125,000

Est. 102% increase in value since last sale

Current estimated payment $1,850/month

2 Days on Market

Highlights

  • Corner Lot: Yes
  • 12 Car Garage
  • 3-minute walk to Hayes Park
  • Baseboard Heating

About This Home

As of July 2018

Attractive 4 unit apartment house w/ a 4 garage garage. This is an excellent investment that will make you money for years to come. This property was built as an apartment house and is not a conversion. each unit is a 1 bedroom apartment with front & rear entrances, separate electric meters, paved driveway & paved parking and more. Tenants pay for their own heat & electric service. If you are looking for an investment in a nice property come take a look. This property is fully rented & has an excellent rental history. Less than $35,000 per unit. This is an attractive property you'll be proud to own and you'll appreciate the profits!

Last Agent to Sell the Property

Arthur Attila

ERA Reardon Realty License #6502136387 Listed on: 05/30/2018

ERA Reardon Realty

Last Buyer's Agent

Michael Stover

Coldwell Banker Anchor R.E. License #6501309833

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120x158x136x182
  • Corner Lot: Yes

Parking

  • 12 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120x158x136x182
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4375.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 139900.0
  • Lot Features: Sidewalk
  • 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

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0
  • Extras:Garages: Yes

Utilities

  • Heating: Electric, Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4375.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 30, 2018
Sold by
Seymour Craig M and Seymour Karen S
Bought by
Cheek Robert
Seller's Agent
Arthur Attila
ERA Reardon Realty
Buyer's Agent
Michael Stover
Coldwell Banker Anchor R.E.
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$252,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,671
Avg. Annual Appreciation
11.19%
Original Mortgage
$125,000
Outstanding Balance
$109,461
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$155,152

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 20, 2018
Sold by
Seympur Craig M and Seympur Karen S
Bought by
Cheek Robert
Seller's Agent
Arthur Attila
ERA Reardon Realty
Buyer's Agent
Michael Stover
Coldwell Banker Anchor R.E.
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$109,461
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$155,152

Purchase Details

Closed on
Sep 21, 1998
Source: Public Records

Range of Values:

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Average Value
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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
Cheek Robert -- Chicago Title
Cheek Robert -- None Available
-- $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheek Robert $125,000
Closed Cheek Robert $125,000
Previous Owner Seymour Craig M $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $125,000 -10.7% --
06/01/2018 06/01/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $139,900 -- --
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 $5,601 $118,300 $0 $0
2024 $5,205 $119,000 $0 $0
2023 $4,985 $86,200 $0 $0
2022 $4,230 $86,300 $0 $0
2021 $4,875 $79,000 $11,700 $67,300
2020 $4,830 $83,600 $0 $0
2019 $4,747 $61,600 $12,700 $48,900
2018 $3,988 $61,600 $0 $0
2017 $4,375 $73,500 $0 $0
2016 $4,307 $67,400 $0 $0
2015 $4,327 $71,500 $0 $0
2014 $3,932 $71,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18023874

Southwestern Michigan Association of REALTORS®

APN: 11-78-4700-0213-01-6