NOT LISTED FOR SALE

Estimated Value: $94,882 - $103,000

3 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $61,600

Est. 62% increase in value since last sale

Current estimated payment $679/month

1 Day on Market

About This Home

As of December 2020

Great investment opportunity. Property features two independent units, nestled just minutes away from shopping and the highway. Each unit has its own private access. Shared driveway and a single car garage, with a fenced in yard for outdoor entertainment. Both units offer spacious, open concept kitchen and dining room, with full walkout basements that can be used as additional living space or storage. City certified and have separate gas meters.

Last Agent to Sell the Property

Jordon Jarrett

Coldwell Banker Beiswanger Realty Group License #6501378237 Listed on: 09/15/2020

Last Buyer's Agent

Jordon Jarrett

Coldwell Banker Beiswanger Realty Group License #6501378237 Listed on: 09/15/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1910

Lot Details

  • 8,712

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Additional Features

  • Walk-Out Basement
  • 8,712 Sq Ft Lot

Community Details

Overview

  • Foote & Bennett Subdivision

Building Details

  • Operating Expense $2,814
  • Net Operating Income $10,986

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,394

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Multi Family

  • Net Operating Income: 10986.0
  • Operating Expense: 2814.0

Tax Info

  • Tax Annual Amount: 1394.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 31, 2020
Sold by
Krech William
Bought by
Kumy Holdings Lcl
Seller's Agent
Jordon Jarrett
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Jordon Jarrett
Coldwell Banker Beiswanger Realty Group
Sold Price
$61,600
Current Estimated Value
$99,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,371
Avg. Annual Appreciation
10.70%
Original Mortgage
$46,200
Outstanding Balance
$41,485
Interest Rate
2.8%
Mortgage Type
Stand Alone First
Estimated Equity
$58,368

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 21, 2020
Sold by
Walker John S
Bought by
Krech William
Seller's Agent
Jordon Jarrett
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Jordon Jarrett
Coldwell Banker Beiswanger Realty Group
Sold Price
$61,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Outstanding Balance
$41,485
Interest Rate
2.8%
Mortgage Type
Stand Alone First
Estimated Equity
$58,368

Purchase Details

Closed on
Oct 29, 2014
Sold by
Fly Wallace
Bought by
Walker John S

Purchase Details

Listed on
May 6, 2013
Closed on
Jun 28, 2013
Sold by
Johns Robert E
Bought by
Fly Wallace
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Dana Howell
ERA REARDON REALTY, L.L.C.
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Johns Laury L
Bought by
Johns Robert E

Purchase Details

Closed on
Dec 30, 1999
Sold by
Caldwell William B Pete and Caldwell Mary
Bought by
Johns Robert E and Johns Laury L
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
Kumy Holdings Lcl -- None Available
Krech William $61,600 Midstate Ttl Agcy Of Souther
Walker John S $18,000 Midstate Title Agency Of Sou
Fly Wallace $60,000 Midstate Title Agency Of Sou
Johns Robert E -- None Available
Johns Robert E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krech William $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $61,600 +2.7% --
09/16/2020 09/16/20 Pending -- -- --
06/28/2013 06/28/13 Sold $60,000 -- --
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
2025 $1,752 $35,700 $0 $0
2024 $1,516 $31,900 $0 $0
2023 $1,454 $24,800 $0 $0
2022 $1,575 $24,900 $0 $0
2021 $1,559 $22,050 $0 $0
2020 $1,403 $23,000 $0 $0
2019 $1,365 $20,700 $0 $0
2018 $1,302 $20,400 $0 $0
2017 $1,194 $18,600 $0 $0
2016 $1,030 $18,500 $18,500 $0
2015 $645 $20,450 $20,450 $0
2014 $645 $14,700 $0 $0
2013 -- $14,700 $14,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034537

Southwestern Michigan Association of REALTORS®

APN: 2-122600000