NOT LISTED FOR SALE

1218 N State Rd Ionia, MI 48846

Estimated Value: $179,000 - $252,130

3 Beds
2 Baths
1,640 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $63,500 $39 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,226/month

53 Days on Market

Highlights

  • Barn
  • Recreation Room
  • Living Room
  • 2.5 Acre Lot
  • Den
  • Shed

About This Home

As of September 2013

Super investment opportunity!...single Or multi-family property. Large farm house with 3+ beds, 2 baths, updated kitchen, hardwood floors, dining and living room with new 8' sliders to deck. Home does need some finishing touches. 2.5 Acres with woods and garden areas, old barn, 1 stall detached garage. Property also includes a 3 bed, 2 bath, 1000 Sq Ft mobile home that has been well maintained and makes for a 'turn key' rental. (1202 N State Rd ) Property is easy to show.

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 05/28/2013

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia) Listed on: 05/28/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 2.5

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Natural Gas Connected
  • Well
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Additional Features

  • Shed
  • 2.5 Acre Lot
  • Barn

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1914
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Water Softener/Owned
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1640.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Lot Features: Recreational
  • Other Structures: Shed(s), Barn(s)
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 2.5
  • Lot Size Area: 2.5
  • Lot Size Sq Ft: 108900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2013
Closed on
Sep 12, 2013
Sold by
Wittenbach Steven M and Wittenbach Karen S
Bought by
Riggs Christopher J
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$74,900
Sold Price
$63,500
Premium/Discount to List
-$11,400
-15.22%
Current Estimated Value
$217,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,033
Avg. Annual Appreciation
10.58%
Original Mortgage
$50,800
Outstanding Balance
$39,146
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$178,387
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
Riggs Christopher J $63,500 Acker Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs Christopher J $50,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $63,500 -15.2% $39 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $74,900 -- $46 / Sq Ft
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 $1,024 $58,300 $14,200 $44,100
2024 $434 $58,300 $14,200 $44,100
2023 $414 $51,200 $14,900 $36,300
2022 $394 $51,200 $14,900 $36,300
2021 $904 $37,200 $14,300 $22,900
2020 $379 $37,200 $14,300 $22,900
2019 $441 $35,700 $13,000 $22,700
2018 $858 $45,200 $13,000 $32,200
2017 $445 $45,200 $13,000 $32,200
2016 $441 $42,500 $11,600 $30,900
2015 -- $42,500 $11,600 $30,900
2014 -- $39,500 $11,600 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 13030752

MichRIC

APN: 060-007-000-090-01