NOT LISTED FOR SALE

114 Baker St Spring Arbor, MI 49283

Estimated Value: $158,000 - $217,000

-- Bed
3 Baths
1,750 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $155,000 $89 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,305/month

6 Days on Market

About This Home

As of May 2024

3 Unit in the township of Spring Arbor For Sale!
large 3 Bedroom 1 bath unit on the main level, 2 bedroom 1 bath unit on the second floor, and 1 bedroom 1 bath in the basement. All consistently rented with good earning potential. Separate Utilities for each unit. Close proximity to Spring Arbor University, restaurants, & highway access.

Don't miss out on this one!

Last Agent to Sell the Property

Sarah Harmon

C-21 Affiliated - Jackson License #6501388741 Listed on: 05/06/2024

Last Buyer's Agent

Eric Ropp

C-21 Affiliated - Jackson License #6502395717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 180x70

Parking

  • 8 Parking Spaces

Interior Spaces

  • 1 Fireplace

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,157

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 180x70
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3157.13
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Walk Out, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 165000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 180x70
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3157.13
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Oct 14, 2021
Sold by
Estes Angela
Bought by
Eco Estes Property Llc
Seller's Agent
Craig Ziecina
Key Realty
Buyer's Agent
Craig Ziecina
Key Realty
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%
Current Estimated Value
$196,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,292
Avg. Annual Appreciation
17.42%
Original Mortgage
$75,000
Outstanding Balance
$68,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,899

Purchase Details

Listed on
Jun 9, 2021
Closed on
Oct 11, 2021
Sold by
Gehrke Adam
Bought by
Estes Angela
Seller's Agent
Craig Ziecina
Key Realty
Buyer's Agent
Craig Ziecina
Key Realty
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$68,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,899

Purchase Details

Listed on
Feb 19, 2019
Closed on
Oct 31, 2019
Sold by
Holton Steven and Holton Becky
Bought by
Gehrke Adam
Seller's Agent
TAD FRENCH
Five Star Real Estate-Cooper
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$71,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2002
Sold by
Mcdonald Lawrence and Mcdonald Isabelle
Bought by
Holton Steven and Holton Becky
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eco Estes Property Llc -- None Available
Estes Angela $100,000 None Available
Gehrke Adam $95,000 None Available
Holton Steven $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estes Angela $75,000
Previous Owner Gehrke Adam $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $155,000 -6.1% $89 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $165,000 +65.0% $94 / Sq Ft
10/14/2021 10/14/21 Sold $100,000 -4.8% $56 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $105,000 -6.3% $58 / Sq Ft
08/09/2021 08/09/21 For Sale $112,000 0.0% $62 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $112,000 +17.9% $62 / Sq Ft
11/19/2019 11/19/19 Sold $95,000 -- $54 / Sq Ft View Prior Sale
08/22/2019 08/22/19 Pending -- -- --
Source: MichRIC

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 $3,315 $86,300 $0 $0
2024 $2,376 $72,700 $0 $0
2023 $2,327 $65,700 $0 $0
2022 $3,011 $52,800 $0 $0
2021 $2,803 $48,820 $0 $0
2020 $2,768 $47,960 $0 $0
2019 $1,782 $43,990 $0 $0
2018 $1,765 $42,200 $2,910 $39,290
2017 $1,688 $42,110 $0 $0
2016 $1,247 $32,920 $32,920 $0
2015 $29,108 $33,860 $33,860 $0
2014 $29,108 $30,590 $30,590 $0
2013 -- $30,590 $30,590 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Harmon

    Seller's Agent in 2024

    Sarah Harmon

    C-21 Affiliated - Jackson

    (517) 719-5155

    1 in this area

    115 Total Sales

    Sarah Harmon
    Section Image
  • Eric Ropp

    Buyer's Agent in 2024

    Eric Ropp

    C-21 Affiliated - Jackson

    (517) 392-8508

    2 in this area

    143 Total Sales

    Eric Ropp
    Section Image

  • C

    Seller's Agent in 2021

    Craig Ziecina

    Key Realty

    Section Image

  • T

    Seller's Agent in 2019

    TAD FRENCH

    Five Star Real Estate-Cooper

  • N

    Buyer's Agent in 2019

    NON-MBR 'SOLD' NON-MBR 'SOLD'

    NON-MEMBER REALTOR 'SOLD'

See All Agents

Map

Source: MichRIC

MLS Number: 24022139

MichRIC

APN: 000-12-16-380-010-01

Michigan Jackson County Spring Arbor 49283

114 Baker St, Spring Arbor, MI

Not Listed for Sale

MultiFamily

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