NOT LISTED FOR SALE

Estimated Value: $75,000 - $97,000

2 Beds
2 Baths
-- Sq Ft
0.67 Acres

Last Sold February 16, 2018

Last sale price $37,900

Est. 127% increase in value since last sale

Current estimated payment $567/month

29 Days on Market

About This Home

As of February 2018

Lower unit is mo-to-mo rent. Tenant has been there about 7 years. Upper unit is vacant. Separate meters for gas and electric, paid by tenant. City certified in 2017 after new roof and other repairs. Lot on west side of property included in sale. Appliances in upper unit may not be included in sale.

Last Listed By

WILLIAM HESTWOOD

Production Realty License #6502366409 Listed on: 12/01/2017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $778

Year Built

  • Built in 1890

Lot Details

  • 0.67 Acre Lot

Community Details

Overview

  • 2 Units
  • Moody's Ext Subdivision

Building Details

  • Net Operating Income $11,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$778

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 37900.0
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 11100.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 778.34
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 16, 2018
Sold by
Chapman Real Estate Llc
Bought by
Allen Jeffery
Seller's Agent
WILLIAM HESTWOOD
Production Realty
Buyer's Agent
NATHAN LaZEBNIK
ERA REARDON REALTY, L.L.C.
Sold Price
$37,900
Total Days on Market
29
Current Estimated Value
$85,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,052
Avg. Annual Appreciation
10.82%
Original Mortgage
$30,320
Outstanding Balance
$26,145
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$53,198

Purchase Details

Closed on
Mar 22, 2011
Sold by
Chapman Richard A and Chapman Virginia L
Bought by
Chapman Real Estate Llc

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
Allen Jeffery $37,900 None Available
Chapman Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jeffery $30,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $37,900 -- --
12/30/2017 12/30/17 Pending -- -- --
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
2024 $1,044 $34,600 $0 $0
2023 $1,002 $29,900 $0 $0
2022 $1,713 $24,400 $0 $0
2021 $1,092 $22,300 $0 $0
2020 $1,078 $20,350 $0 $0
2019 $1,049 $14,950 $0 $0
2018 $849 $12,700 $0 $0
2017 $778 $12,300 $0 $0
2016 $671 $13,100 $13,100 $0
2015 $732 $12,600 $12,600 $0
2014 $732 $11,800 $0 $0
2013 -- $11,800 $11,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034831

Southwestern Michigan Association of REALTORS®

APN: 4-053800000