Owner
$695,660
3123 PARK WEST CT, JENISON, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
6
baths
4
sq. ft.
3,393
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality B-
Living Area
Garage
Unspecified Basement
Forced Air Unit
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2005
Building Size
3,393 sq ft
Lot Size
13,068 sq ft
Lot Size (Acres)
0.30 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
70-14-09-355-002
County
Ottawa County, Michigan
Metro Area
Grand Rapids-Wyoming-Kentwood, MI
Zoning
LDR
Neighborhood/Subdivision
HAGER PARK WEST
Lot Number
25
School District
Hudsonville Public School District
Legal Description
LOT 25 HAGER PARK WEST NO 2
Tax & Value Information
Market Value (Total)
$616,400
Building Value
$0
Land Value
$616,400
Annual Property Tax
$6,344
Tax Assessment Year
2024
Assessed Value
$308,200
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
10/6/2016
Recording Date
10/24/2016
Sales Document #
2016.40168
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$26,918
Return on Investment
15.60%
After Repair Value
$765,226
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$626,094
Renovation Cost
$34,783
Closing Costs (buying)
$12,522
Holding Costs
$18,995
Selling Costs
$45,914
Total Investment
$172,524
After Repair Value (ARV)
$765,226
Total Costs
$738,308
Estimated Profit
$26,918
Cash Invested
$160,002
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area