Seller's Agent in 2024
John Ardolino
Five Star Real Estate (Main)
(616) 550-9571
2 in this area
42 Total Sales
97 S State St Sparta, MI 49345
Estimated Value: $243,000 - $260,000
3
Beds
3
Baths
--
Sq Ft
10,106
Sq Ft Lot
Highlights
- 1 Fireplace
- Baseboard Heating
- Level Lot
- Ridgeview Elementary School Rated A-
- High Speed Internet
About This Home
As of March 2024Welcome to 97 S State Street!This is a 3 unit multifamily right in the heart of Sparta with long term tenants. The seller has maintained and ran this property with care and consistency rand is now ready to sell to a wonderful new owner. The lot includes up to 6+ parking spaces. All of the mechanicals are in running order.
Last Agent to Sell the Property
Five Star Real Estate (Main) License #6502404532 Listed on: 12/19/2023
Co-Listed By
Christopher Bruce
Five Star Real Estate (Grandv)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,850
Year Built
- Built in 1900
Lot Details
- 10,106 Sq Ft Lot
- Lot Dimensions are 85x119
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
Parking
- 6 Parking Spaces
- Paved Parking
Schools
- Sparta Middle School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $875
- Utility Expense $10,632
- Gross Income $23,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2023
Closed on
Apr 8, 2024
Sold by
Nieboer Tim
Bought by
Joti Llc
Seller's Agent
John Ardolino
Five Star Real Estate (Main)
Buyer's Agent
Erin Fester
GR Home Team
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,520
Avg. Annual Appreciation
7.37%
Original Mortgage
$157,500
Outstanding Balance
$155,335
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$94,649
Purchase Details
Listed on
Dec 19, 2023
Closed on
Mar 4, 2024
Sold by
Rosemary Ellis Trust
Bought by
Nieboer Tim
Seller's Agent
John Ardolino
Five Star Real Estate (Main)
Buyer's Agent
Erin Fester
GR Home Team
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
107
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$155,335
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$94,649
Purchase Details
Closed on
Dec 21, 2023
Sold by
Reister John E
Bought by
Trust Solely For The Benefit Of John E Reiste
Purchase Details
Closed on
Dec 19, 2023
Sold by
Reister Family Trust
Bought by
Reister John E
Purchase Details
Closed on
Jul 1, 1986
Sold by
Averill Averill J J and Averill A
Bought by
Reister John and Reister Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joti Llc | -- | None Listed On Document | |
| Nieboer Tim | $225,000 | Star Title | |
| Trust Solely For The Benefit Of John E Reiste | -- | None Listed On Document | |
| Reister John E | -- | None Listed On Document | |
| Reister John | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nieboer Tim | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $225,000 | -10.0% | -- |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 12/19/2023 12/19/23 | For Sale | $250,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $2,356 | $118,900 | $0 | $0 |
| 2024 | $2,356 | $123,700 | $0 | $0 |
| 2023 | $2,499 | $92,800 | $0 | $0 |
| 2022 | $2,987 | $82,100 | $0 | $0 |
| 2021 | $2,899 | $77,000 | $0 | $0 |
| 2020 | $2,057 | $73,600 | $0 | $0 |
| 2019 | $2,250 | $66,300 | $0 | $0 |
| 2018 | $2,757 | $56,200 | $0 | $0 |
| 2017 | $3,778 | $49,400 | $0 | $0 |
| 2016 | $2,627 | $47,300 | $0 | $0 |
| 2015 | -- | $47,300 | $0 | $0 |
| 2013 | -- | $44,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Ardolino
-
C
Seller Co-Listing Agent in 2024
Christopher Bruce
Five Star Real Estate (Grandv)
-
Erin Fester
E
Buyer's Agent in 2024
Erin Fester
GR Home Team
(616) 378-0018
1 in this area
140 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23145247
APN: 41-05-22-228-024
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