Seller's Agent in 2022
Diane Bornhorst
Berkshire Hathaway HomeServices MI
(269) 491-5666
3 in this area
71 Total Sales
915 E Main St Paw Paw, MI 49079
Estimated Value: $674,053
Studio
1
Bath
8,432
Sq Ft
$80/Sq Ft
Est. Value
About This Home
As of October 2022Very well maintained eight-unit apartment building with full occupancy in a great location in Paw Paw. $70,860 gross rents per year. Owner pays for lawn care, snow removal, gas, garbage service, water, sewer. Each side includes access to a laundry room with coin-operated washer & dryer. Each apartment has a front and back entrance. Five leases are month to month - one goes to 3/313/2023 and two go to 6/30/2023
Last Agent to Sell the Property
Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 07/26/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,224
Year Built
- Built in 1948
Parking
- 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 179.62 x 136.13 x 206 x 104.7
Community Details
- 8 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2022
Closed on
Oct 26, 2022
Sold by
Copley 80 Llc
Bought by
East Main Investments Llc
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Amy Biggins
ERA Reardon Realty
List Price
$675,000
Sold Price
$560,000
Premium/Discount to List
-$115,000
-17.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,053
Avg. Annual Appreciation
5.52%
Original Mortgage
$448,000
Outstanding Balance
$432,258
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$241,795
Purchase Details
Closed on
Sep 15, 2020
Sold by
Ford Charles W and Ford Joan M
Bought by
Copley 80 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 2018
Sold by
Ford Charles W and Ford Joan M
Bought by
Copley 80 Llc
Purchase Details
Closed on
Mar 20, 1997
Sold by
Ford Charles W and Ford Joan
Bought by
Ford Charles W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| East Main Investments Llc | $560,000 | Near North Title | |
| Copley 80 Llc | $329,000 | None Available | |
| Copley 80 Llc | -- | None Available | |
| Ford Charles W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | East Main Investments Llc | $448,000 | |
| Previous Owner | Copley 80 Llc | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2022 10/27/22 | Sold | $560,000 | -17.0% | $66 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $675,000 | -- | $80 / Sq Ft |
Source: MichRIC
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 | $9,854 | $183,400 | $0 | $0 |
| 2024 | $4,177 | $162,100 | $0 | $0 |
| 2023 | $3,796 | $131,800 | $0 | $0 |
| 2022 | $9,067 | $124,600 | $0 | $0 |
| 2021 | $9,368 | $136,600 | $16,300 | $120,300 |
| 2020 | $9,652 | $140,300 | $16,300 | $124,000 |
| 2019 | $9,406 | $138,400 | $22,600 | $115,800 |
| 2018 | $9,805 | $145,700 | $22,500 | $123,200 |
| 2017 | $9,586 | $148,500 | $13,654 | $134,846 |
| 2016 | $9,857 | $149,800 | $13,711 | $136,089 |
| 2015 | $4,375 | $149,800 | $13,598 | $136,202 |
| 2014 | $4,361 | $145,500 | $0 | $0 |
| 2013 | -- | $144,200 | $10,000 | $134,200 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Bornhorst
-
Lindsay Flyn Flynn
L
Seller Co-Listing Agent in 2022
Lindsay Flyn Flynn
Berkshire Hathaway HomeServices MI
(269) 615-0723
5 in this area
63 Total Sales
-
Amy Biggins
Buyer's Agent in 2022
Amy Biggins
ERA Reardon Realty
(269) 930-1036
5 in this area
73 Total Sales
Map
Source: MichRIC
MLS Number: 22031574
APN: 80-41-200-004-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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