NOT LISTED FOR SALE

Estimated Value: $197,000 - $274,000

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold December 19, 2012

Last sale price $50,000

Est. 368% increase in value since last sale

Current estimated payment $1,380/month

123 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • High Speed Internet
  • Property is near a preserve or public land

About This Home

As of December 2012

Great location for income unit. Very close to GVSU, good area, with many units being updated and renovated. This asset has a huge lot, room to add garage, or carport. Good owner occupied duplex. Won't last with New Business College opening soon. Seller will pay up to 1500.00 closing costs for 1st time buyers.

Last Agent to Sell the Property

Todd Roesler

Coldwell Banker Schmidt Realtors Listed on: 08/05/2012

Last Buyer's Agent

Therese VanderMeer

ERA Reardon Realty Great Lakes

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1928

Lot Details

  • 0.25

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Stone

Utilities

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

Additional Features

  • Michigan Basement
  • 0.25 Acre Lot
  • Tillable Land

Community Details

  • 3 Units
  • Property is near a preserve or public land

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Concrete, Stone
  • List Price: 59900.0
  • Lot Features: Adj to Public Land, Tillable
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: residential

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1365.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
Ollman Bruce
Bought by
Ventori Ii Llc
Current Estimated Value
$233,777

Purchase Details

Listed on
Aug 5, 2012
Closed on
Dec 18, 2012
Sold by
Small James L and Small Julie A
Bought by
Ollman Bruce
Seller's Agent
Todd Roesler
Coldwell Banker Schmidt Realtors
Buyer's Agent
Therese VanderMeer
ERA Reardon Realty Great Lakes
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Alonzo Rosendo and Gonzales Lidia
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Feb 9, 2005
Sold by
Baker Brian and Callecod Richard
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 13, 2003
Sold by
Montes Migdalia
Bought by
Alonzo Rosendo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,600
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2002
Sold by
Vanfarowe Brian
Bought by
Montes Migdalia

Purchase Details

Closed on
Apr 23, 1998
Sold by
Mcclrkn Tm and Td Mcclkn
Bought by
Ollman Bruce

Purchase Details

Closed on
Feb 16, 1996
Bought by
Ollman Curl C and Ollman Bruce

Purchase Details

Closed on
Sep 22, 1995
Sold by
Knapp Knapp H H and Knapp Molloy S
Bought by
Ollman Molloy S and Ollman Bruce

Purchase Details

Closed on
May 3, 1983
Sold by
Mly Chsl
Bought by
Ollman Bruce
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
Ventori Ii Llc -- None Available
Ollman Bruce $50,000 None Available
Novastar Mortgage Inc -- None Available
Mortgage Electronic Registration Systems $71,903 --
Alonzo Rosendo $90,000 Metropolitan Title Company
Montes Migdalia $51,000 Metropolitan Title Company
Montes Migdalia -- --
Ollman Bruce -- --
Ollman Curl C $35,000 --
Ollman Molloy S $16,500 --
Ollman Bruce $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventori Ii Llc $16,000
Previous Owner Ollman Bruce E $60,500
Previous Owner Small James L $28,551
Previous Owner Alonzo Rosendo $104,000
Previous Owner Montes Migdalia $88,600
Previous Owner Vanfarowe Brian $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $50,000 -28.5% --
12/06/2012 12/06/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $69,900 -- --
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 $1,603 $102,700 $0 $0
2024 $1,603 $87,000 $0 $0
2023 $1,781 $72,100 $0 $0
2022 $1,511 $57,300 $0 $0
2021 $1,472 $50,500 $0 $0
2020 $1,423 $44,800 $0 $0
2019 $1,457 $40,900 $0 $0
2018 $1,412 $30,300 $0 $0
2017 $1,378 $26,000 $0 $0
2016 $1,385 $26,200 $0 $0
2015 $1,563 $26,200 $0 $0
2013 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12043230

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-438-003