NOT LISTED FOR SALE

Estimated Value: $329,411 - $374,000

-- Bed
-- Bath
-- Sq Ft
3,612 Sq Ft Lot

Last Sold December 22, 2021

Last sale price $252,000

Est. 38% increase in value since last sale

Current estimated payment $2,421/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of December 2021

Historic Two Family residence in Fairmount Square Historical District. This home is Circa 1895 and is walking distance to many popular restaurants and retail on Cherry and Wealthy Streets. Features a large one bedroom main floor unit which could be a perfect owners suite. Second floor one bedroom unit with private front and rear entrance and access to basement storage and laundry. With a few interior updates, this home could provide either affordable living for a homeowner or fabulous income for an investor given this desirable location. The exterior has wonderful architectural character, larger front porch, and one stall garage. Enjoy the historic charm of this neighborhood and is a quick bike ride to downtown. Seller has directed listing agent/broker to hold all offers until 5pm on Thursday 11/11/21.

Last Agent to Sell the Property

David de Velder

Greenridge Realty (EGR) License #6501394594 Listed on: 11/06/2021

Last Buyer's Agent

Julie Oneill

616 Realty LLC License #6506048942

616 Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1895

Lot Details

  • 3,612

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,612 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,866

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 249900.0
  • Number of Buildings: 2

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3612.0
  • Zoning Description: Res Multifamily
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2866.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Thomas Kauss
Bought by
921 Fairmount Llc
Current Estimated Value
$346,603

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 22, 2021
Sold by
Douglas Berg
Bought by
Kauss Thomas J and Quinn Thomas C
Seller's Agent
David de Velder
Greenridge Realty (EGR)
Buyer's Agent
Julie Oneill
616 Realty LLC
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$187,500
Interest Rate
2.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Otto Charles R and Southgae Otto Ruth Anne
Bought by
Berg Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
4.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2005
Sold by
Winter Troutwine Jim R and Winter Troutwine Constance J
Bought by
Otto Charles R and Southgate Otto Ruth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1999
Bought by
Berg Wntr-Troutwine and Berg Douglas

Purchase Details

Closed on
Aug 4, 1982
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
921 Fairmount Llc -- None Listed On Document
Kauss Thomas J $252,000 Chicago Title
Berg Douglas $119,000 None Available
Otto Charles R $125,000 --
Berg Wntr-Troutwine $25,500 --
-- $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kauss Thomas J $187,500
Previous Owner Berg Douglas $19,401
Previous Owner Berg Douglas $19,401
Previous Owner Gerg Douglas $155,677
Previous Owner Berg Douglas $116,844
Previous Owner Otto Charles R $112,500
Previous Owner Winter Troutwine Jim $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $252,000 +0.8% --
11/12/2021 11/12/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $249,900 -- --
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 $6,567 $166,400 $0 $0
2024 $6,567 $148,700 $0 $0
2023 $6,514 $131,300 $0 $0
2022 $6,191 $119,400 $0 $0
2021 $2,636 $112,600 $0 $0
2020 $2,463 $106,800 $0 $0
2019 $2,372 $94,200 $0 $0
2018 $2,372 $82,200 $0 $0
2017 $2,556 $61,200 $0 $0
2016 $2,330 $56,300 $0 $0
2015 $2,199 $56,300 $0 $0
2013 -- $46,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21114119

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-354-017