NOT LISTED FOR SALE

Estimated Value: $261,000

7 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold June 16, 2021

Last sale price $217,500

Est. 20% increase in value since last sale

Current estimated payment $1,646/month

8 Days on Market

Highlights

  • 0.37 Acre Lot
  • Roll Under Sink
  • Forced Air Heating System
  • Accessible Ramps

About This Home

As of June 2021

Two unit property with great potential. Updates throughout the past few years but will need some love and is priced accordingly. The lower unit (tenant occupied) has a unique layout and plenty of living space spread out over the main floor and finished basement. The upper unit (vacant) has three bedrooms and one full bathroom. Hardwood flooring throughout both units and ample space for parking on a large lot. Full electrical upgrade in 2017. Upper unit furnace new in 2017. Landlord is only responsible for water/sewer, all other utilities are tenant responsibility. Offer deadline is Monday 5/17/21 at 12PM.

Last Agent to Sell the Property

Michaelan Hudson

Lighthouse Property Management License #6502431991 Listed on: 05/12/2021

Co-Listed By

Erin Duffy Rauch

Lighthouse Property Management License #6501413233

Last Buyer's Agent

Dan Burrill

Five Star Real Estate (Grandv) License #6506005060

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1930

Lot Details

  • 0.37 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Accessible Home Design

  • Roll Under Sink
  • Accessible Ramps

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,175

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Bath Sink, Ramped Entrance

Exterior Features

  • Construction Materials: Concrete, Brick
  • List Price: 199900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16204.0
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3175.29
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 16, 2021
Sold by
Gary Lynn Worthen Revocable Trust
Bought by
Grandview Ventures Llc
Seller's Agent
Michaelan Hudson
Lighthouse Property Management
Buyer's Agent
Dan Burrill
Five Star Real Estate (Grandv)
List Price
$199,900
Sold Price
$217,500
Premium/Discount to List
$17,600
8.8%
Total Days on Market
8
Current Estimated Value
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,500
Original Mortgage
$163,125
Outstanding Balance
$149,288
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2020
Sold by
Kingery Shirley Ann Holland and Worthen Shirley Ann
Bought by
Worthen Blaine and Gary Lynn Worthen Revocable Tr

Purchase Details

Listed on
Dec 14, 2016
Closed on
Feb 6, 2017
Sold by
Glory Holdings Llc
Bought by
Worthen Shirly
Seller's Agent
Andrew Straub
Bellabay Realty LLC
Buyer's Agent
Eric Olsen
Keller Williams GR North
List Price
$150,000
Sold Price
$150,000

Purchase Details

Closed on
Jun 6, 2014
Sold by
Coastal Real Estate Holdings Llc
Bought by
For His Glory Holdings Llc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Macatawa Bank
Bought by
Coastal Real Estate Holdings Llc

Purchase Details

Closed on
Feb 17, 2010
Sold by
Crystal Lake Dream Llc
Bought by
Macatawa Bank

Purchase Details

Closed on
Feb 28, 2008
Sold by
Deleeuw Warner and Deleeuw Lynne
Bought by
Crystal Lake Dream Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2004
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Minnesota Na and Option One Mortgage Loan Trust 2003-1 As

Purchase Details

Closed on
Jul 28, 2004
Sold by
Little Carl D and Little Suette
Bought by
Option One Mortgage Corp

Purchase Details

Closed on
Dec 5, 2002
Sold by
Arens Dean and Arens Kami
Bought by
Little Carl D and Little Suette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 1999
Bought by
Little Carl D and Coastal Real Estate Holdings,

Purchase Details

Closed on
Jan 29, 1999
Bought by
Little Carl D and Coastal Real Estate Holdings,
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
Grandview Ventures Llc $217,500 Chicago Title Of Mi Inc
Worthen Blaine -- None Available
Worthen Shirly $150,000 Next Door Title Agency Llc
For His Glory Holdings Llc -- Lighthouse Title Inc
Coastal Real Estate Holdings Llc -- None Available
Macatawa Bank $85,000 None Available
Crystal Lake Dream Llc $158,000 Title First Agency Inc
Deleeuw Warner -- Title First Agency Inc
Wells Fargo Bank Minnesota Na -- --
Option One Mortgage Corp $105,687 --
Little Carl D $80,000 --
Little Carl D $80,000 --
Little Carl D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandview Ventures Llc $163,125
Previous Owner Crystal Lake Dream Llc $58,070
Previous Owner Crystal Lake Dream Llc $0
Previous Owner Crystal Lake Dream Llc $126,400
Previous Owner Little Carl D $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $217,500 +8.8% --
05/20/2021 05/20/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $199,900 +33.3% --
01/30/2017 01/30/17 Sold $150,000 0.0% --
01/06/2017 01/06/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $150,000 -- --
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
2021 $3,996 $93,500 $0 $0
2020 $2,355 $77,000 $0 $0
2019 $2,938 $67,800 $0 $0
2018 $2,639 $46,700 $0 $0
2017 $2,427 $41,600 $0 $0
2016 $2,366 $41,400 $0 $0
2015 $2,327 $41,400 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21016754

Southwestern Michigan Association of REALTORS®

APN: 41-17-14-482-002