$162,000
SOLD OCT 30, 2024

1203 E Centre Ave Portage, MI 49002

3.13 Acres
$51,757 Price per Acre
136,343 Sq Ft Lot

Recently Sold

57% Below List Price

214 Days on Market

Highlights

  • 3.13 Acre Lot
  • Portage Central Middle School Rated A-
  • High Speed Internet

About This Lot

As of October 2024

Excellent Development site. Locate your new office or business on this 3 acre Portage, MI site. The existing structure is a house that can be torn down, rented or rehabbed. There is also a large free standing garage that is 1,395 s.f. Note the split zoning with the front 1.27 acres zoned (B-1) and the back 1.86 acres zoned ( R1B). The property backs up to the popular Redwood Apartment Neighborhood.

Last Agent to Sell the Property

Joanne Becker

Chuck Jaqua, REALTOR License #6502342093 Listed on: 03/04/2024

Chuck Jaqua, REALTOR

Last Buyer's Agent

Ashley Gauthier

Coldwell Banker Sneller Real Estate License #6501372633

Coldwell Banker Sneller Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 3.13 Acre Lot
  • Lot Dimensions are 214.5' x 663'
  • Property is zoned B-1 & R1B, B-1 & R1B

Utilities

  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 214.5' x 663'
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 12583.0
  • Tax Info:Zoning3: B-1 & R1B
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Commercial Land
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Broadband: Yes
  • Utilities Attached:Public Sewer2: Yes
  • Utilities Attached:Public Water2: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 199000.0
  • Waterfront: No

Utilities

  • Utilities: Phone Available, Storm Sewer, Water Available, Sewer Available, Broadband, Water Connected, Sewer Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 3.13
  • Lot Size Area: 3.13
  • Lot Dimensions: 214.5' x 663'
  • Lot Size Sq Ft: 136343.0
  • Zoning Description: B-1 & R1B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12583.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Long Island Partnership
Bought by
Heritage Of Michigan Llc

Purchase Details

Listed on
Dec 8, 2021
Closed on
Sep 24, 2021
Sold by
Long Island Partnership
Bought by
Mi Redwood Portage Lovers Lane
Seller's Agent
Joanne Becker
Chuck Jaqua, REALTOR
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$326,400
Sold Price
$326,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,250,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2003
Sold by
K & N Land Holdings Llc
Bought by
Long Island Partnership
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 Type Sale Price Title Company
Warranty Deed -- Transnation Title
Warranty Deed -- Ata National Title Group
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,250,000 Commercial
Previous Owner $18,250,000 New Conventional
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 For Sale $325,000 +100.6% $235 / Sq Ft
10/30/2024 10/30/24 Sold $162,000 -18.6% --
10/04/2024 10/04/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $199,000 -47.5% --
03/04/2024 03/04/24 For Sale $379,000 +16.1% --
12/08/2021 12/08/21 For Sale $326,400 0.0% --
09/28/2021 09/28/21 Sold $326,400 -- --
08/22/2021 08/22/21 Pending -- -- --
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
2022 $6,174 $0 $0 $0
2021 $6,174 $183,100 $0 $0
2020 $5,814 $180,300 $0 $0
2019 $5,814 $178,600 $0 $0
2018 $0 $178,100 $0 $0
2017 $0 $177,700 $0 $0
2016 -- $173,900 $0 $0
2015 -- $173,400 $0 $0
2014 -- $195,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24010315

Southwestern Michigan Association of REALTORS®

APN: 10-00015-490-B