NOT LISTED FOR SALE

Estimated Value: $252,000 - $270,000

4 Beds
2 Baths
-- Sq Ft
2,080 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $148,000

Est. 74% increase in value since last sale

Current estimated payment $1,685/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • Level Lot

About This Home

As of May 2018

There is a cat in one of the apartments that can not be let out, 24 hour notice required,
showings 10am to 5pm,
agent for owner,
current month to month tenants, no lease,
2 blocks from Harmony Brewing,
This area is undergoing vibrant revitalization.
Construction for a new Urban Meijer Marketplace is underway.
Each unit has remained stable for the past 4 years at 550$ with no increase. 24 hour notice for all showings
showings will be from 10am-5pm
tenants are currently paying month to month, no lease
agent for owner

Last Listed By

Melissa Wisneski

Coldwell Banker Schmidt Realtors Listed on: 04/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1900

Lot Details

  • 2,080 Sq Ft Lot
  • Lot Dimensions are 44 x 133
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 160900.0
  • Lot Features: Flag Lot, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2080.0
  • Zoning Description: RES/multifamily
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1657.9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 18, 2018
Sold by
Merren Michael T and Merren Daneil
Bought by
Potts Bardon A
Seller's Agent
Melissa Wisneski
Coldwell Banker Schmidt Realtors
Buyer's Agent
Vicki Prieskorn
Coldwell Banker AJS (28th St)
List Price
$160,900
Sold Price
$148,000
Premium/Discount to List
-$12,900
-8.02%
Total Days on Market
4
Current Estimated Value
$257,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,525
Avg. Annual Appreciation
8.67%
Original Mortgage
$125,800
Outstanding Balance
$110,150
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$154,735

Purchase Details

Closed on
May 26, 2005
Sold by
Gaines Sherry
Bought by
Merren Michael T and Merren Danell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2002
Sold by
First Natl Acceptance Co Of N America
Bought by
Gaines Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1999
Sold by
Cntrt Fndg and 1St Nt'L
Bought by
Merren Michael T Danell

Purchase Details

Closed on
Oct 15, 1999
Sold by
Contract Doctor and Fndg Contract
Bought by
Merren Michael T Danell

Purchase Details

Closed on
Sep 9, 1999
Sold by
Balzeski Balzeski D D and Balzeski Gaines S
Bought by
Merren Gaines S and Merren Michael T Danell

Purchase Details

Closed on
Jul 16, 1997
Bought by
Gaines Shrry and Merren Michael T Danell

Purchase Details

Closed on
Mar 21, 1996
Sold by
Martin Est and Martin Doctor P
Bought by
Merren Doctor P and Merren Michael T Danell

Purchase Details

Closed on
Mar 15, 1996
Sold by
Martin Martin E E and Martin Doctor P
Bought by
Merren Doctor P and Merren Michael T Danell

Purchase Details

Closed on
Jun 29, 1993
Sold by
Lillard Lillard A A and Lillard Martin
Bought by
Merren Michael T Danell

Purchase Details

Closed on
Oct 19, 1982

Range of Values:

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Average Value
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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
Potts Bardon A $148,000 Title Resources
Merren Michael T $99,900 Metropolitan Title Company
Gaines Sherry $46,000 --
Merren Michael T Danell -- --
Merren Michael T Danell -- --
Merren Gaines S -- --
Gaines Shrry $46,000 --
Merren Doctor P $27,300 --
Merren Doctor P -- --
Merren Michael T Danell $29,000 --
-- $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Bardon A $125,800
Previous Owner Merren Michael T $72,000
Previous Owner Merren Michael T $79,920
Previous Owner Gaines Sharon $10,000
Previous Owner Gaines Sherry $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $148,000 -8.0% --
04/16/2018 04/16/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $160,900 -- --
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
2024 $3,082 $114,500 $0 $0
2023 $3,057 $102,200 $0 $0
2022 $2,906 $84,600 $0 $0
2021 $2,831 $75,200 $0 $0
2020 $2,736 $66,100 $0 $0
2019 $2,876 $52,500 $0 $0
2018 $1,644 $43,300 $0 $0
2017 $1,604 $36,500 $0 $0
2016 $1,612 $33,100 $0 $0
2015 $1,536 $33,100 $0 $0
2013 -- $29,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18014330

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-228-007