407 Gregory Terrace

Sold 7/19/22
Sold 7/19/22
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Sold
Last Sold Price
$125,000
2 beds1 bath
407 Gregory Terrace, Decatur, MI 49045
Multi FamilyProperty Type
0.4 acresLot Size
1993Year Built
4 carsParking Spaces

Description

Great 2 unit duplex only 1 block to Lake of the Woods public beach and 2 blocks to Decatur School Campus. Fantastic investment property or live in 1 side and let the 2nd unit rental make your payment. location...location....location! Both units are 2 bedroom, 1 bath and rent for 600.00 per month with a great rental history. Both units have recently been updated including a large private rear deck overlooking a beautiful back yard. Note: Listings 21115098, 21115096 and 21096892 are available at a...Great 2 unit duplex only 1 block to Lake of the Woods public beach and 2 blocks to Decatur School Campus. Fantastic investment property or live in 1 side and let the 2nd unit rental make your payment. location...location....location! Both units are 2 bedroom, 1 bath and rent for 600.00 per month with a great rental history. Both units have recently been updated including a large private rear deck overlooking a beautiful back yard. Note: Listings 21115098, 21115096 and 21096892 are available at a package price. Call listing agent.
  • Listed by: Mark Gale 269.268.6283 mrgale11@hotmail.com Brokerage DRE #6505357978 • Gale Realty, LLC
Listing closed: 07/19/2022 12:00 AM • Source: Michigan Regional Information Center, MLS#: 21096892

Recent comparable sales

Median sold price

$138,000

Avg days on market

32

Sale-to-list ratio

94.9%

Decatur, MI

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Amenities

  • Back Yard
  • Deck
  • Driveway
  • Fireplace
  • Forced Air
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Location

Listing Courtesy of Gale Realty, LLC

Sold By Whitmore Realty Group, LLC

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$879 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$244

HOA Dues

$0

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Property Information for 407 Gregory Terrace

Property Details
  • Taxes: $2,923 / year
  • MLS Type: Residential Income / Multi Family
  • County: Van Buren County
Building Information
  • Residences: 2
  • Year Built: 1993
  • Lot Size: 0.40 AC / 17,424 SF
Summary
Location and General Information
  • Cross Streets: Pine
  • Municipality: Decatur Vllg
  • Directions: M-51 South from I-94 to traffic light in Decatur, turn right on Phelps st, left on Pine and right on Gregory Terrace. Property is on the left.
  • Area - Major: Greater Kalamazoo - K
  • Street #: 407
  • Street Name: Gregory
  • Suffix: Terrace
  • City: Decatur
  • State: MI
  • Zip Code: 49045
  • County: Van Buren
  • Latitude: 42.110369
  • Longitude: -85.985694
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 42763.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 804305001200
  • Homestead: 0
  • SEV: 67200
Parking
  • Parking Features: Asphalt, Driveway
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Asphalt
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 130x207.46x30x191.65
  • Lot Measurement: Acres
  • Lot Acres: 0.4
  • Lot Square Footage: 17424.0
  • Lot Size Area: 0.4
Property and Assessments
  • Tax Year: 2021
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1993
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Crawl Space
  • Extras: Laundry Facility
Interior Features
  • Heating: Forced Air
  • Basement: No
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 2
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $600.00
  • SqFt: 810.0
  • Description: 2
Rental
Rental Information
  • Tenant Pays: Electric, Gas, Sewer, Trash, Water
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 407 Gregory Terrace

DateEvent & SourcePriceAppreciation
Jul 19, 2022

Sold (Public Record)

Public Record #1494632526

$125,000—
Jul 19, 2022

Sold

MiRealSource #70220083

$125,000—
Jul 19, 2022

Sold

Realcomp #69021096892

$125,000—
DateEvent & SourcePrice
07/19/2022

Sold (Public Record)

Public Record #1494632526

$125,000
07/19/2022

Sold

MiRealSource #70220083

$125,000
07/19/2022

Sold

Realcomp #69021096892

$125,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Gregory Terrace

Taxable ValueLand-Additions-Total-
Tax Record2025$5,945 ($495 / month)
Home Facts
Beds0Baths1Total Finished SqFt5,184 SqFtAbove Grade Finished SqFt5,184 SqFtLot Size16,553 SqFtStyleSingle Family ResidenceYear Built1993Year Renovated1993CountyVAN BURENAPN80-43-050-012-00

Schools near 407 Gregory Terrace

This home is within Decatur Public Schools.
Rating
School
Type
Grades
Distance
Davis Elementary School
Public - K to 5
Decatur High School
Public - 6 to 12
Rating
School
Distance
Davis Elementary School
PublicK to 5

Decatur High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 407 Gregory Terrace, Decatur, MI 49045
$125,000
2
1
–
17,424
405 Gregory Terrace, Unit 4, Decatur, MI 49045
$150,000
–
–
–
11,571
406 Lake Drive, Decatur, MI 49045
$126,000
–
2
2,432
8,712
415 Lee Avenue, Decatur, MI 49045
$60,000
3
1,100
19,998
411 Gregory Terrace, Decatur, MI 49045
–
–
2
1,430
13,939
402 Lake Drive, Decatur, MI 49045
$157,000
4
2,076
17,424

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gale Realty, LLC

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