NOT LISTED FOR SALE

967 129th Ave Shelbyville, MI 49344

Estimated Value: $250,000 - $339,000

-- Bed
2 Baths
2,507 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $148,000 $59 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,847/month

23 Days on Market

About This Home

As of September 2021

Solid multi-family asset. Currently two tenants on month to month leases. Extremely competitive price and motivated Seller.

Last Agent to Sell the Property

Zachery VandeWeerd

Callander Commercial License #6501406163 Listed on: 05/05/2021

Last Buyer's Agent

Curtis Visser

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1984

Lot Details

  • 2.1 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,682

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 149500.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Natural Gas Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 2.1
  • Lot Size Area: 2.1
  • Lot Size Sq Ft: 91476.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2682.42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 26, 2021
Sold by
Michael Fritz
Bought by
Visser Ryan
Seller's Agent
Zachery VandeWeerd
Callander Commercial
Buyer's Agent
Curtis Visser
Berkshire Hathaway HomeServices MI
Sold Price
$148,000
Current Estimated Value
$290,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,044
Avg. Annual Appreciation
20.70%
Original Mortgage
$125,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2010
Sold by
Us Bank Na
Bought by
Freeman Jeanne

Purchase Details

Closed on
Jan 7, 2010
Sold by
Bates Robert Leroy
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bates Tammy Rose and Ash Tammy Rose
Bought by
Bates Robert Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
7.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1998
Sold by
Peake Dianne
Bought by
Bates Tammy Rose
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
Visser Ryan -- Title Resource Agency
Freeman Jeanne $15,157 Parks Title
Us Bank Na $36,900 None Available
Bates Robert Leroy -- None Available
Bates Tammy Rose $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Visser Ryan $125,800
Previous Owner Bates Robert Leroy $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $148,000 -1.0% $59 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/05/2021 05/05/21 For Sale -- -- --
04/22/2021 04/22/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $149,500 -- $60 / 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 $3,097 $148,900 $29,300 $119,600
2024 $2,703 $148,500 $29,700 $118,800
2023 $2,774 $106,500 $28,200 $78,300
2022 $2,703 $90,300 $15,800 $74,500
2021 $2,231 $84,700 $15,800 $68,900
2020 $2,696 $87,800 $14,400 $73,400
2019 $2,659 $72,300 $14,400 $57,900
2018 $2,615 $65,100 $16,900 $48,200
2017 $0 $65,700 $16,900 $48,800
2016 $0 $61,600 $16,300 $45,300
2015 -- $61,600 $16,300 $45,300
2014 -- $53,600 $17,200 $36,400
2013 -- $51,200 $17,200 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21011913

Southwestern Michigan Association of REALTORS®

APN: 24-020-010-00