NOT LISTED FOR SALE

973 W Larch Ave Muskegon, MI 49441

Nims Neighborhood

Estimated Value: $158,000 - $200,000

4 Beds
2 Baths
1,920 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $125,000 $65 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,235/month

1 Day on Market

About This Home

As of February 2023

Investment opportunity! Two unit home ready for a makeover. The main floor unit is 2 bedrooms and 1 bath with a groovy kitchen, separate dining room and living room. The upper level unit is 2 bedrooms and 1 bath with a kitchen, separate dining room, living room and two covered staircases. Both units have covered back porches. Detached garage for storage. Previously occupied by the owner for 60 years. This home is being offered Cash/Conventional financing only. Buyer to verify all information.

Last Agent to Sell the Property

Thomas Serio

Real Estate West License #6502431119 Listed on: 01/26/2023

Last Buyer's Agent

Lori Burr

Stark Real Estate License #6501445706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x122

Parking

  • 4 Car Garage

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1586.87
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 125000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1586.87
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 27, 2023
Sold by
Stephens Homes And Investments Llc
Bought by
Jireh Llc
Seller's Agent
Thomas Serio
Real Estate West
Buyer's Agent
Lori Burr
Stark Real Estate
List Price
$125,000
Sold Price
$125,000
Views
23
Current Estimated Value
$173,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,485
Avg. Annual Appreciation
13.42%
Original Mortgage
$84,000
Outstanding Balance
$81,654
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$90,466

Purchase Details

Closed on
Dec 21, 2022
Sold by
Kane Darren
Bought by
Stephens Homes And Investments Llc

Purchase Details

Closed on
Jul 23, 2018
Sold by
Nelson Janet L and Nelson Laurence I
Bought by
Nelson Janet L
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
Jireh Llc $125,000 Ata National Title Group
Stephens Homes And Investments Llc -- --
Nelson Janet L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jireh Llc $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $125,000 0.0% $65 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $125,000 -- $65 / 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 $3,722 $76,800 $0 $0
2024 $702 $60,100 $0 $0
2023 $657 $56,000 $0 $0
2022 $1,587 $46,000 $0 $0
2021 $1,560 $40,200 $0 $0
2020 $1,521 $34,800 $0 $0
2019 $1,494 $30,800 $0 $0
2018 $1,460 $30,300 $0 $0
2017 $1,413 $28,600 $0 $0
2016 $306 $27,400 $0 $0
2015 -- $27,600 $0 $0
2014 $300 $27,400 $0 $0
2013 -- $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Serio

    Seller's Agent in 2023

    Thomas Serio

    Real Estate West

    (231) 286-0102

    18 in this area

    463 Total Sales

    Thomas Serio
    Section Image

  • L

    Buyer's Agent in 2023

    Lori Burr

    Stark Real Estate

    Section Image
  • Brenda Beach

    Buyer Co-Listing Agent in 2023

    Brenda Beach

    Stark Real Estate

    (231) 740-1969

    1 in this area

    13 Total Sales

    Brenda Beach
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23002655

Southwestern Michigan Association of REALTORS®

APN: 24-773-000-0009-00

Michigan Muskegon County Muskegon 49441 Nims

973 W Larch Ave, Muskegon, MI

This home is located at 973 W Larch Ave, Muskegon, MI 49441 since 26 January 2023 and is currently estimated at $173,485, approximately $90 per square foot. This property was built in 1940. 973 W Larch Ave is a home located in Muskegon County with nearby schools including Muskegon Catholic Central School and St. Michael Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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