NOT LISTED FOR SALE

9971 E Chicago Rd Jerome, MI 49249

Estimated Value: $175,000 - $289,000

Studio
1 Bath
-- Sq Ft
1.02 Acres

Last Sold November 04, 2019

Last sale price $150,000

Est. 51% increase in value since last sale

Current estimated payment $1,242/month

141 Days on Market

Highlights

  • Cooling Available
  • Low Threshold Shower
  • Baseboard Heating
  • Accessible Bedroom
  • Forced Air Heating System

About This Home

As of November 2019

5 Unit Complex - 4 units updated, one in process of being updated. Strong rental history and a great income producer! Utilities paid by each tenant. With an abundance of lower level storage space.

Last Agent to Sell the Property

Cathy Galloway

RE/MAX Preferred Realty Listed on: 05/27/2019

RE/MAX Preferred Realty

Last Buyer's Agent

Justin Rarick

Five Star Real Estate License #6506043605

Five Star Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1945

Lot Details

  • 1.02

Parking

  • 10 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Accessible Home Design

  • Low Threshold Shower
  • Accessible Bedroom
  • Stepless Entry

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Window Unit Heating System
  • Baseboard Heating
  • Propane
  • Well
  • Septic System

Additional Features

  • Walk-Out Basement
  • 1.02 Acre Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,422

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Mn Flr Be, Low Threshold Shower, No Step Entrance
  • Basement: Walk Out

Exterior Features

  • List Price: 195000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Topography: {"Ravine":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Propane, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Propane, Telephone Line
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 1.02
  • Lot Size Area: 1.02
  • Lot Size Sq Ft: 44431.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 1422.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Zeunen Matthew
Bought by
Cg3 Llc
Current Estimated Value
$226,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$104,351
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$122,370

Purchase Details

Closed on
Jul 14, 2011
Sold by
Mcnutt Calvin
Bought by
Zeunen Matthew and Latour Duane

Purchase Details

Closed on
Oct 13, 2010
Sold by
Berro Sharon L
Bought by
Mcnutt Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1992
Sold by
Obenour Ralph W and Obenour Madeline N
Bought by
Berro Bernard F and Berro Sharon L

Purchase Details

Closed on
May 26, 1988
Sold by
Dalrymple Emma L
Bought by
Obenour Ralph and Obenour Madeline

Purchase Details

Closed on
Feb 1, 1980
Sold by
Obenour Ralph W and Obenour Madeline M
Bought by
Berro Bernard F and Berro Sharon L
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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Purchase History

Date Buyer Sale Price Title Company
Cg3 Llc $150,000 None Available
Zeunen Matthew $29,000 Midstate Title Agency
Mcnutt Calvin $20,000 Midstate Title Agency
Mcnutt Calvin $20,000 None Available
Berro Bernard F $25,000 --
Obenour Ralph $15,000 --
Berro Bernard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cg3 Llc $117,000
Previous Owner Mcnutt Calvin $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $150,000 -31.8% --
10/15/2019 10/15/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $220,000 -- --
Source: MichRIC

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 $773 $70,820 $0 $0
2024 $9 $92,290 $0 $0
2023 $846 $86,910 $0 $0
2022 $3,010 $73,420 $0 $0
2021 $3,024 $73,760 $0 $0
2020 $3,148 $76,470 $0 $0
2019 $1,512 $76,300 $0 $0
2018 $1,455 $56,590 $0 $0
2017 $1,414 $55,280 $0 $0
2016 $1,402 $36,480 $0 $0
2015 $376 $36,480 $0 $0
2013 $365 $33,290 $0 $0
2012 $422 $38,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Galloway

    Seller's Agent in 2019

    Cathy Galloway

    RE/MAX Michigan

    (517) 849-0032

    141 Total Sales

    Cathy Galloway
    Section Image

  • J

    Buyer's Agent in 2019

    Justin Rarick

    Five Star Real Estate

    Section Image
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Map

Source: MichRIC

MLS Number: 18053224

MichRIC

APN: 04-007-200-003-07-5-1

Michigan Hillsdale County Jerome 49246

9971 E Chicago Rd, Jerome, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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