NOT LISTED FOR SALE

Estimated Value: $345,000 - $419,000

6 Beds
6 Baths
2,430 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $154,000 $63 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,402/month

105 Days on Market

About This Home

As of April 2015

Fully occupied income property. Three units, each with two bedrooms, one full bath, one half bath, and two parking spaces. Monthly rental income is $1,900, and tenants pay electric, gas, and trash. Roof was new in 2008 with 30yr dimensional singles.

Last Agent to Sell the Property

Joel Genzink

RE/MAX Lakeshore Listed on: 11/06/2014

Last Buyer's Agent

Jodi Meza

RE/MAX Lakeshore

RE/MAX Lakeshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 114x88

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,297

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 114x88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3297.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 165000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3297.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Apr 2, 2015
Sold by
Vested Properties Llc
Bought by
Saavedra Rafael
Seller's Agent
Joel Genzink
RE/MAX Lakeshore
Buyer's Agent
Jodi Meza
RE/MAX Lakeshore
List Price
$165,000
Sold Price
$154,000
Premium/Discount to List
-$11,000
-6.67%
Current Estimated Value
$377,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,607
Avg. Annual Appreciation
8.88%
Original Mortgage
$93,000
Outstanding Balance
$34,096
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$343,511

Purchase Details

Closed on
Oct 11, 2012
Sold by
Lohr Brian D and Lohr Laurie B
Bought by
Vested Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,100
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Vested Properties Llc
Bought by
Lohr Brian D and Lohr Laurie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,100
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2000
Sold by
Louwerse Anthony L
Bought by
Louwerse A L & E M Living Trust

Purchase Details

Closed on
May 1, 1995
Bought by
Louwerse Anthony L

Purchase Details

Closed on
Nov 30, 1987
Sold by
Dozeman In
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saavedra Rafael $154,000 Premier Lakeshore Title Agen
Vested Properties Llc -- None Available
Lohr Brian D -- Hbi Title Services Inc
Louwerse A L & E M Living Trust -- --
Louwerse Anthony L $102,800 --
-- $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saavedra Rafael $93,000
Previous Owner Lohr Brian D $106,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $154,000 -6.7% $63 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $165,000 -- $68 / 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 $4,794 $146,300 $16,600 $129,700
2024 -- $125,600 $14,400 $111,200
2023 $4,488 $117,500 $14,400 $103,100
2022 $4,282 $84,400 $14,400 $70,000
2021 $4,114 $79,800 $13,300 $66,500
2020 $4,084 $76,600 $76,600 $0
2019 $4,075 $66,500 $12,200 $54,300
2018 $3,963 $64,000 $12,200 $51,800
2017 $0 $62,300 $9,400 $52,900
2016 $0 $62,300 $9,400 $52,900
2015 -- $62,300 $9,400 $52,900
2014 -- $55,200 $9,400 $45,800
2013 -- $55,100 $9,400 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14061459

Southwestern Michigan Association of REALTORS®

APN: 53-02-04-178-006