NOT LISTED FOR SALE

Estimated Value: $163,000 - $185,000

2 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $135,000

Est. 28% increase in value since last sale

Current estimated payment $1,113/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to S Westnedge Park
  • High Speed Internet

About This Home

As of April 2022

This 3 unit rental property is in an ideal location for young professionals, graduate students or undergrads. Current occupancy is 100%. Plenty of off street parking behind the house and all units have private entrances. This is an investors dream that won't last long. Owner pays all utilities in units 1 and 2 and pays water, sewer and garbage only in unit 3. Tenant pays gas and electric in this unit. Only Unit 1 has access to the washer and dryer in the basement.

Last Agent to Sell the Property

Missy Dahlinger

Berkshire Hathaway HomeServices MI Listed on: 03/17/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Adam Atwood

Five Star Real Estate License #6506047769

Five Star Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1885

Lot Details

  • 4,008

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,008 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,043

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 130000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4008.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3042.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 23, 2022
Sold by
Mahalick and Nina
Bought by
Lime Tree Ii Llc
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Adam Atwood
Five Star Real Estate
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%
Current Estimated Value
$172,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,680
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
Jan 14, 2019
Closed on
Jan 24, 2019
Sold by
Cgm Investments Llc
Bought by
Wall Street Llc
Seller's Agent
David Thompson
Every Corner Realty
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$93,750
Sold Price
$80,000
Premium/Discount to List
-$13,750
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Michael Carmy G
Bought by
Cgm Investments Llc

Purchase Details

Closed on
Oct 27, 2006
Sold by
Maple Investments Llc
Bought by
Michael Carmy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2002
Sold by
Followell Daniel S and Followell Cheryl L
Bought by
Maple Investments Llc
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
Lime Tree Ii Llc -- Clark Hill Plc
Wall Street Llc $80,000 None Available
Cgm Investments Llc -- Attorney
Michael Carmy G $82,000 Metro
Maple Investments Llc -- Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michael Carmy G $350,000
Previous Owner Michael Carmy $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $135,000 +3.8% --
03/21/2022 03/21/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $130,000 +62.5% --
01/25/2019 01/25/19 Sold $80,000 -14.7% --
01/16/2019 01/16/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $93,750 -- --
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 $2,084 $79,000 $0 $0
2024 $2,084 $71,400 $0 $0
2023 $1,930 $62,400 $0 $0
2022 $3,146 $53,300 $0 $0
2021 $3,043 $48,600 $0 $0
2020 $3,062 $43,400 $0 $0
2019 $2,134 $36,400 $0 $0
2018 $1,899 $32,000 $0 $0
2017 $1,931 $30,200 $0 $0
2016 $1,931 $27,300 $0 $0
2015 $1,931 $27,400 $0 $0
2014 $1,931 $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: 22008619

Southwestern Michigan Association of REALTORS®

APN: 06-22-166-003