NOT LISTED FOR SALE

9545 E D Ave Richland, MI 49083

Estimated Value: $3,401,753

-- Bed
-- Bath
-- Sq Ft
3.1 Acres

Last Sold March 12, 2012

Last sale price $1,400,000

Est. 143% increase in value since last sale

Current estimated payment $19,202/month

815 Days on Market

Highlights

  • 3.1 Acre Lot
  • 6 Fireplaces
  • Wood Siding
  • Thomas M. Ryan Intermediate School Rated A-
  • Forced Air Heating System

About This Home

As of March 2012

48 total units, 47 two bedroom, one 1 bedroom. Tenant pays heat and utilities. Eight coin operated washers and dryers. Carports and balconies. Lot dimensions to be determined

Last Agent to Sell the Property

Bill Robbins

Callander Commercial License #6502342095 Listed on: 10/19/2009

Last Buyer's Agent

Lucas Howard

Keller Williams GR East License #6502359815

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3.1

Parking

  • 55 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • 6 Fireplaces
  • 3.1 Acre Lot

Community Details

  • 6 Buildings
  • 48 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Lot Dimensions: 1 x 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 38413.0
  • General Property Info:Total _pound_ Units: 48
  • General Property Info:Total _pound_ Bldgs: 6.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 6
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 1680000.0
  • Number of Buildings: 6
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 55.0
  • General Property Info:Total Parking Spaces: 55.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 3.1
  • Lot Size Area: 3.1
  • Lot Dimensions: 1 x 1
  • Lot Size Sq Ft: 135036.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 48

Tax Info

  • Tax Annual Amount: 38413.0
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2012
Sold by
Giraud Scott and Giraud Amy
Bought by
Big Springs Llc
Current Estimated Value
$3,401,753

Purchase Details

Listed on
Oct 19, 2009
Closed on
Feb 29, 2012
Sold by
Country Management Properties Llc
Bought by
Giraud Scott and Giraud Amy
Seller's Agent
Bill Robbins
Callander Commercial
Buyer's Agent
Lucas Howard
Keller Williams GR East
List Price
$1,680,000
Sold Price
$1,400,000
Premium/Discount to List
-$280,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,110,000
Interest Rate
4.01%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Big Springs Llc -- None Available
Giraud Scott -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Spring Llc $1,068,000
Previous Owner Giraud Scott $1,110,000
Previous Owner Country Management Properties Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2012 03/12/12 Sold $1,400,000 -16.7% --
01/12/2012 01/12/12 Pending -- -- --
10/19/2009 10/19/09 For Sale $1,680,000 -- --
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 $4,963 $569,500 $0 $0
2024 $4,963 $536,800 $0 $0
2023 $4,732 $457,800 $0 $0
2022 $21,061 $435,100 $0 $0
2021 $20,517 $413,700 $0 $0
2020 $20,094 $430,700 $0 $0
2019 $19,192 $411,800 $0 $0
2018 $18,752 $450,200 $0 $0
2017 $0 $439,102 $0 $0
2016 -- $439,500 $0 $0
2015 -- $420,400 $0 $0
2014 -- $418,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 2942033

Southwestern Michigan Association of REALTORS®

APN: 03-14-451-018