NOT LISTED FOR SALE

98 Morse St Coldwater, MI 49036

Estimated Value: $147,000 - $222,000

Studio
-- Bath
-- Sq Ft
10,824 Sq Ft Lot

Sale Details

Date Sold: April 23, 2021

Last sale price $144,000

Est. 34% increase in value since last sale

Current estimated payment $1,336 / mo

About This Home

As of April 2021

Investors look here. This 3 unit apartment complex might be just the return you are looking for. Each unit is 2 bed 1 bath and there is a 3 car detached garage allowing a 1 car garage for each apartment. If you are tired of the stock market you need to consider moving your investment her or if you are looking for help with you house payment, live in one rent the other two. This is a must consider investment in your future

Last Agent to Sell the Property

Debbie Lounds

Midwestern Realty Group License #6502105426 Listed on: 03/03/2021

Co-Listed By

Jim Bowers

Midwestern Realty Group License #6501364641

Last Buyer's Agent

Linda Shaffer

Southern Marsh Realty License #6501260711

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1967

Lot Details

  • 10,824

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 10,824 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,546

Year Built

Built in 1967

Lot Details

10,824 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 159900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10824.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2546.31
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 22, 2021
Sold by
Bought by
Seller's Agent
Debbie Lounds
Midwestern Realty Group
Buyer's Agent
Linda Shaffer
Southern Marsh Realty
List Price
$159,900
Sold Price
$144,000
Premium/Discount to List
-$15,900
-9.94%
Current Estimated Value
$192,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,509
Avg. Annual Appreciation
4.24%
Original Mortgage
$108,000
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,700
Interest Rate
0.0605%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1978
Sold by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$144,000 Branch Cnty Abstract & Ttl I
-- Title Michigan Agency Ltd
$100 --
$103,000 --
$33,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $108,000
Closed $75,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $144,000 -9.9% --
03/03/2021 03/03/21 For Sale $159,900 -- --
01/09/2021 01/09/21 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,568 $84,350 $0 $0
2025 $3,448 $75,850 $0 $0
2024 $33 $76,500 $0 $0
2023 $2,568 $60,950 $0 $0
2022 $3,253 $53,800 $0 $0
2020 -- $52,400 $0 $0
2019 -- $51,150 $0 $0
2018 -- $47,150 $0 $0
2017 -- $39,850 $0 $0
2016 -- $42,550 $0 $0
2015 -- $38,500 $0 $0
2014 -- $37,950 $0 $0
2013 -- $46,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20047653

MichRIC

APN: 302-000-000-497-00

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