NOT LISTED FOR SALE

113 E Hines St Midland, MI 48640

Estimated Value: $171,000 - $320,000

5 Beds
5 Baths
2,520 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $185,000 $73 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,801/month

About This Home

As of March 2021

Great investment, completely updated in 2015. There are five 1 bedroom, 1 bathroom units. All currently leased. Close to downtown.

Last Agent to Sell the Property

Donna McDaniel

Real Estate One GLB License #MBR-6501308714 Listed on: 02/01/2021

Real Estate One GLB

Last Buyer's Agent

Heidi Naessens

Our Home & Co Real Estate License #MBR-6501423268

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 7,405

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 180-141-660-056-00

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,170

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3947
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Estimated Sq Ft: 2520

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 180-141-660-056-00
  • Lot Dimensions: .165
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,735.00
  • Winter Tax: Year: 2020, Amount: $1,212.00
  • Total Tax: Amount: $3,947.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 16, 2021
Sold by
Premier Home Renovation Llc
Bought by
Slingshot Holdings Llc
Seller's Agent
Donna McDaniel
Real Estate One GLB
Buyer's Agent
Heidi Naessens
Our Home & Co Real Estate
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$247,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,980
Avg. Annual Appreciation
6.75%
Original Mortgage
$148,000
Outstanding Balance
$133,338
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$112,768

Purchase Details

Listed on
Mar 16, 2014
Closed on
Oct 23, 2014
Sold by
Fannie Mae
Bought by
Premier Home Renovation Llc
Seller's Agent
All Star Real Estate
All Star Real Estate
Buyer's Agent
Agent Non-Member
Non-Member Office
List Price
$73,500
Sold Price
$38,500
Premium/Discount to List
-$35,000
-47.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.04%

Purchase Details

Closed on
Apr 2, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 12, 2013
Sold by
Barbara M Hendrickson Midland County Dep
Bought by
Jpmorgan Chase Bank Na
Source: Public Records

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
Slingshot Holdings Llc $185,000 Cislo Title Co
Premier Home Renovation Llc $38,500 First American Title
Federal National Mortgage Association -- --
Jpmorgan Chase Bank Na $129,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slingshot Holdings Llc $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $185,000 -7.5% $73 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $199,900 +419.2% $79 / Sq Ft
11/11/2014 11/11/14 Sold $38,500 -47.6% $15 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
03/16/2014 03/16/14 For Sale $73,500 -- $29 / Sq Ft
Source: Midland Board 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 $5,170 $110,400 $0 $0
2024 $3,583 $95,500 $0 $0
2023 $3,412 $84,200 $0 $0
2022 $4,914 $82,600 $0 $0
2021 $3,989 $70,300 $0 $0
2020 $3,948 $67,900 $0 $0
2019 $3,851 $67,300 $7,500 $59,800
2018 $3,747 $80,000 $7,500 $72,500
2017 $0 $66,100 $7,500 $58,600
2016 $3,003 $52,900 $7,500 $45,400
2012 -- $51,100 $7,500 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50033441

Midland Board of REALTORS®

APN: 14-16-60-056