NOT LISTED FOR SALE

Estimated Value: $136,602 - $227,000

2 Beds
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold April 19, 2013

Last sale price $22,500

Est. 681% increase in value since last sale

Current estimated payment $1,118/month

13 Days on Market

About This Home

As of April 2013

Pick up a good investment with cash flow (both one bedrooms apts of duplex now leased with long term tenants). Inspection details with agent. Convenient Milwood location provides strong rental return or live in one side and live cheap. Both sides gross $900 rent (some guaranteed by State), for excellent return.

Last Agent to Sell the Property

Carol Oudsema

Greenleaf Realty Properties LLC License #6502366140 Listed on: 04/02/2013

Last Buyer's Agent

Carol Oudsema

Greenleaf Realty Properties LLC License #6502366140 Listed on: 04/02/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1949

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Utilities

  • Hot Water Heating System
  • Natural Gas Connected
  • Septic System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas

Property Details

Home Type

Apartment

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Block
  • List Price: 25500.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Public Water

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 2464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2014
Sold by
Terlesky Heath and Terlesky Mikayla
Bought by
Heath & Mikayla Terlesky Trust
Current Estimated Value
$175,651

Purchase Details

Listed on
Apr 2, 2013
Closed on
Apr 19, 2013
Sold by
Kibbey Gerald S and Kibbey Nancy R
Bought by
Terlesky Heath A
Seller's Agent
Carol Oudsema
Greenleaf Realty Properties LLC
Buyer's Agent
Carol Oudsema
Greenleaf Realty Properties LLC
List Price
$39,900
Sold Price
$22,500
Premium/Discount to List
-$17,400
-43.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Nov 16, 2011
Sold by
Schmidt Roger A
Bought by
Kibbey Gerald S and Kibbey Nancy R

Purchase Details

Closed on
May 12, 2011
Sold by
Schmidt Roger A
Bought by
Kibber Geralds and Kibber Nancy R

Purchase Details

Closed on
Jan 24, 2007
Sold by
Godfrey Linda
Bought by
Schmidt Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Crawford Max A and Crawford Barbara F
Bought by
Godfrey Linda R

Purchase Details

Closed on
Nov 8, 2002
Sold by
Harman Todd J and Harman Dawn M
Bought by
Crawford Max A and Crawford Barbara F
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
Heath & Mikayla Terlesky Trust -- None Available
Terlesky Heath -- None Available
Terlesky Heath A $22,500 Chicago Title Company
Kibbey Gerald S $3,000 None Available
Kibber Geralds $17,251 None Available
Schmidt Roger A $113,000 Trans
Godfrey Linda $72,000 Trans
Godfrey Linda R -- Chicago Title
Crawford Max A $169,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Roger A $101,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $22,500 -43.6% --
04/15/2013 04/15/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $39,900 -- --
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 $2,285 $55,300 $0 $0
2024 $947 $53,900 $0 $0
2023 $902 $49,500 $0 $0
2022 $2,072 $44,300 $0 $0
2021 $2,004 $41,500 $0 $0
2020 $1,966 $40,100 $0 $0
2019 $1,894 $34,700 $0 $0
2018 $1,850 $31,900 $0 $0
2017 $1,866 $28,400 $0 $0
2016 $1,866 $26,600 $0 $0
2015 $1,866 $26,600 $0 $0
2014 $1,866 $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13016961

Southwestern Michigan Association of REALTORS®

APN: 06-26-370-016