NOT LISTED FOR SALE

1070 W Main St Ionia, MI 48846

Estimated Value: $131,017 - $182,000

-- Bed
1 Bath
1,827 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $77,500 $42 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,026/month

9 Days on Market

About This Home

As of February 2017

3 unit - two of which are currently occupied. 2 units with 1 bedroom, 1 bath. 1 unit with 2 bedrooms, 1 bath. All appliances included. 3 separate meters for utilities - except water and sewer. Seperate heating systmes for each unit.

Last Agent to Sell the Property

Lisa Coe

Five Star Real Estate (Ionia) Listed on: 01/04/2017

Last Buyer's Agent

Suzanne Reinbold

Greenridge Realty (Cascade) License #6501310742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1922

Lot Details

  • 10,018 Sq Ft Lot
  • Lot Dimensions are 132x75

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,294

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x75
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1293.55
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 78900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1293.55
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 3, 2017
Sold by
Mcdermott Joseph F and Mcdermott Joseph
Bought by
Daiziel R
Seller's Agent
Lisa Coe
Five Star Real Estate (Ionia)
Buyer's Agent
Suzanne Reinbold
Greenridge Realty (Cascade)
List Price
$78,900
Sold Price
$77,500
Premium/Discount to List
-$1,400
-1.77%
Current Estimated Value
$164,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,754
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Jul 18, 2006
Sold by
Stout Enterprises Llc
Bought by
Mcdermott Joseph F and Mcdermott Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.73%
Mortgage Type
Stand Alone First
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
Daiziel R $77,500 --
Mcdermott Joseph F $88,700 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott Joseph F $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $77,500 -1.8% $42 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $78,900 -- $43 / Sq Ft
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 $1,985 $52,400 $2,500 $49,900
2024 $437 $52,400 $2,500 $49,900
2023 $417 $45,300 $2,500 $42,800
2022 $397 $45,300 $2,500 $42,800
2021 $1,753 $35,500 $2,500 $33,000
2020 $381 $35,500 $2,500 $33,000
2019 $312 $35,100 $0 $0
2018 $1,997 $46,300 $2,500 $43,800
2017 $315 $46,300 $2,500 $43,800
2016 $312 $35,200 $2,500 $32,700
2015 -- $35,200 $2,500 $32,700
2014 $410 $28,500 $2,500 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17000389

Southwestern Michigan Association of REALTORS®

APN: 051-140-000-245-00