NOT LISTED FOR SALE

959 & 961 Edy St Pullman, MI 49450

Estimated Value: $377,000 - $505,767

2 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold August 14, 2020

Last sale price $205,000

Est. 105% increase in value since last sale

Current estimated payment $2,907/month

24 Days on Market

Highlights

  • Waterfront
  • Cooling Available
  • Wall Furnace
  • Wooded Lot
  • Wood Siding

About This Home

As of August 2020

Fantastic opportunity to own a multi family cottage on a great All Sports Lake! This set up is two buildings, one of which is a duplex and one is a stand alone cottage. 124 ft of sandy frontage and a huge front yard make this a great getaway! Each unit in the duplex has 2 bedrooms and 1 full bath. The other cottage has 3 bedrooms and 1 full bath. If you wanted to rent this out, you could rent individual units or as a whole.

Last Agent to Sell the Property

Janis Havice

Lakes & Country Real Estate Inc License #6501365993 Listed on: 05/22/2020

Co-Listed By

Shannon Storino

Lakes & Country Real Estate Inc License #no data

Last Buyer's Agent

Shannon Storino

Lakes & Country Real Estate Inc License #no data

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • The property's road front is unimproved
  • Wooded Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding

Basement

  • Crawl Space

Utilities

  • Cooling Available
  • Wall Furnace
  • Window Unit Heating System
  • Well
  • Septic System

Community Details

Overview

  • 2 Buildings
  • 16 Units

Recreation

  • Recreational Area

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,848

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding, Shingle Siding, Block, Concrete
  • List Price: 230000.0
  • Lot Features: Recreational, Wooded
  • Number of Buildings: 2
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Lower Scott Lake
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Wall Furnace
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12371.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 16

Tax Info

  • Tax Annual Amount: 1847.66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 12, 2020
Sold by
Stojak Alan and Stojak Revocable Trust
Bought by
Thome Thomas C and Thome Michelle
Seller's Agent
Janis Havice
Lakes & Country Real Estate Inc
Buyer's Agent
Shannon Storino
Lakes & Country Real Estate Inc
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Current Estimated Value
$420,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,442
Avg. Annual Appreciation
14.31%
Original Mortgage
$153,750
Outstanding Balance
$136,133
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$284,309

Purchase Details

Closed on
Mar 30, 1998
Sold by
Stojak Bruno and Stojak Lottie D
Bought by
Stojak Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thome Thomas C $205,000 None Available
Stojak Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thome Thomas C $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $205,000 -10.9% --
06/15/2020 06/15/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $230,000 -- --
Source: MichRIC

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 $8,447 $221,900 $113,300 $108,600
2024 $6,122 $161,100 $68,700 $92,400
2023 $6,122 $142,200 $46,500 $95,700
2022 $6,122 $124,800 $42,300 $82,500
2021 $1,907 $119,300 $42,300 $77,000
2020 $1,907 $94,700 $34,300 $60,400
2019 $1,844 $93,000 $34,300 $58,700
2018 $0 $86,500 $34,300 $52,200
2017 $0 $95,600 $34,300 $61,300
2016 $0 $81,700 $30,400 $51,300
2015 -- $81,700 $30,400 $51,300
2014 -- $67,000 $23,200 $43,800
2013 -- $69,700 $26,400 $43,300
Source: Public Records

Agents Affiliated with this Home

  • Janis Havice

    Seller's Agent in 2020

    Janis Havice

    Lakes & Country Real Estate Inc

    (269) 870-0284

    83 Total Sales

    Janis Havice
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Shannon Storino

    Lakes & Country Real Estate Inc

    Section Image
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Map

Source: MichRIC

MLS Number: 20018121

MichRIC

APN: 12-560-004-00

Michigan Allegan County Pullman 49450

959 & 961 Edy St, Pullman, MI

Not Listed for Sale

MultiFamily

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