NOT LISTED FOR SALE

99 E Chicago St Coldwater, MI 49036

Estimated Value: $85,460

-- Bed
-- Bath
-- Sq Ft
0.74 Acres

Last Sold March 30, 2016

Last sale price $75,000

Est. 14% increase in value since last sale

Current estimated payment $540/month

29 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • 4-minute walk to Four Corners Park
  • High Speed Internet

About This Home

As of March 2016

This multi-unit property will be sold at public auction Wednesday February 24th @ 6:00 p.m. at the Dearth Center. This property is tenant occupied. If a bidder is using a licensed real estate agent, 24 hours notice is required prior to auction. Bidding on and buying this property is non-contingent on financing. All buyers need to have their financing pre-arranged prior to auction. Bidding on and buying this property is not subject to any inspections. Buyer has the right to have any/all inspections done prior to the auction. Successful buyer will enter into a contract auction day and put down $1,000.00 earnest money at the same time with balance due within 30 days or sooner of auction.

Last Agent to Sell the Property

Stephen Burns

Midwestern Realty Group License #6501314641 Listed on: 02/17/2016

Last Buyer's Agent

Steve Burns

Real Estate Elite Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1930

Lot Details

  • 0.74

Home Design

  • Composition Roof
  • Wood Siding

Parking

  • 14 Parking Spaces
  • Carport

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 0.74 Acre Lot

Community Details

  • 10 Units

Listing and Financial Details

  • Reserve Auction
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,831

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1.0
  • General Property Info:Total _pound_ Units: 10
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Auction Type:Reserve: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 75000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 14.0
  • General Property Info:Total Parking Spaces: 14.0
  • Extras:Carports: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.74
  • Lot Size Area: 0.74
  • Lot Size Sq Ft: 32234.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Number of Units Total: 10

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2016
Sold by
Deiban Asya
Bought by
99 East Chicago Street Real Estate Trust
Current Estimated Value
$85,460

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 20, 2016
Sold by
Trubey Edward A and Trubey Ardith E
Bought by
Deiban Asya
Seller's Agent
Stephen Burns
Midwestern Realty Group
Buyer's Agent
Stephen Burns
Midwestern Realty Group
List Price
$75,000
Sold Price
$75,000

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 30, 2016
Sold by
Ability Investments Llc
Bought by
Trubey Edward A
Seller's Agent
Stephen Burns
Midwestern Realty Group
Buyer's Agent
Stephen Burns
Midwestern Realty Group
List Price
$75,000
Sold Price
$75,000

Purchase Details

Closed on
Nov 20, 2007
Sold by
Triple J Management Llc
Bought by
Ability Investments Llc

Purchase Details

Closed on
Oct 1, 2004
Sold by
Magley Herbert W and Magley Sheila A
Bought by
Triple J Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2003
Sold by
Magley Sheila A
Bought by
Magley Herbert W and Magley Sheila A

Purchase Details

Closed on
Nov 9, 1998
Sold by
Williams Joel and Williams Denise
Bought by
Magley Sheila A

Purchase Details

Closed on
Feb 17, 1996
Sold by
Burke Wayne M and Burke Virginia V
Bought by
Williams Joel and Williams Denise

Purchase Details

Closed on
Dec 12, 1995
Sold by
Burke Wayne and Burke Virginia V
Bought by
Burke Wayne M and Burke Burke
Source: Public Records

Range of Values:

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Average Value
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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
99 East Chicago Street Real Estate Trust -- Branch County Abstract & Tit
Deiban Asya $54,500 Branch County Abstract & Tit
Trubey Edward A $75,000 Branch County Abstract & Tit
Ability Investments Llc $162,000 None Available
Triple J Management Llc $170,000 Michigan Bankers Title
Magley Herbert W -- --
Magley Sheila A $130,000 --
Williams Joel $150,000 --
Burke Wayne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Triple J Management Llc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $75,000 0.0% --
03/17/2016 03/17/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $75,000 -- --
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 $2,831 $138,200 $0 $0
2024 $2,604 $107,100 $0 $0
2023 $2,055 $110,450 $0 $0
2022 $2,604 $61,100 $0 $0
2021 $2,547 $53,750 $0 $0
2020 -- $51,800 $0 $0
2019 -- $40,350 $0 $0
2018 -- $41,400 $0 $0
2017 -- $41,650 $0 $0
2016 -- $44,800 $0 $0
2015 -- $58,300 $0 $0
2014 -- $57,100 $0 $0
2013 -- $58,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16006231

Southwestern Michigan Association of REALTORS®

APN: 302-000-000-700-00