NOT LISTED FOR SALE

947 Gainder Rd Plainwell, MI 49080

Estimated Value: $130,000 - $277,000

3 Beds
2.5 Baths
1,734 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $85,000 $49 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,435/month

3 Days on Market

Highlights

  • Family Room with Fireplace
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of May 2021

Investor special! Are you looking for a property with great equity potential?!? Look no farther. This 1,734 sq ft, 3 bedroom, 2 1/2 bath home is ready for you to give it new life! Great bones but needs some love. Great 1/2 acre lot with 2 car garage with loft.
Seller is selling As-Is and will not do any inspections. All offers due by 9 pm Tuesday, May 11th. Offers will be reviewed on the 12th.

Last Agent to Sell the Property

Rachel Simonds

Keller Williams Kalamazoo Market Center Listed on: 05/10/2021

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Tom Parker

Betten Real Estate License #6501226166

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1957

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 125 x 198

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,687

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 125 x 198
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1734.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1687.12
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1734.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room, Living Room
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Michigan Basement
  • LivingArea: 1734.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Living: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 75000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Area: 0.57
  • Lot Dimensions: 125 x 198
  • Lot Size Sq Ft: 24742.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1687.12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Bowman Rental Properties Llc
Bought by
Bowman Rental Properties Llc
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,500
Outstanding Balance
$494,523
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$281,523

Purchase Details

Listed on
May 10, 2021
Closed on
May 20, 2021
Sold by
Wheeler John C and Wheeler Kimberly L
Bought by
Bowman Rental Properties Llc
Seller's Agent
Rachel Simonds
Keller Williams Kalamazoo Market Center
Buyer's Agent
Tom Parker
Betten Real Estate
List Price
$75,000
Sold Price
$85,000
Premium/Discount to List
$10,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.13%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Wheeler Suzanne
Bought by
Wheeler Suzanne and Wheeler John C
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
Bowman Rental Properties Llc -- None Listed On Document
Bowman Rental Properties Llc $85,000 None Available
Wheeler Suzanne -- Chicago Allegan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Rental Properties Llc $504,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $85,000 +13.3% $49 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $75,000 -- $43 / Sq Ft
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 $3,288 $98,800 $14,100 $84,700
2024 $2,993 $62,500 $13,600 $48,900
2023 $3,025 $58,400 $12,900 $45,500
2022 $2,993 $54,700 $10,800 $43,900
2021 $1,654 $56,900 $11,500 $45,400
2020 $1,654 $56,000 $4,700 $51,300
2019 $1,432 $54,600 $4,700 $49,900
2018 $1,432 $54,500 $4,700 $49,800
2017 $0 $54,900 $4,700 $50,200
2016 $0 $49,500 $49,500 $0
2015 -- $49,500 $49,500 $0
2014 -- $49,500 $49,500 $0
2013 -- $46,600 $46,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21016229

Southwestern Michigan Association of REALTORS®

APN: 08-220-008-00