NOT LISTED FOR SALE

123 W Nelson St Hastings, MI 49058

Estimated Value: $163,000 - $197,000

1 Bed
1 Bath
801 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $45,000 $56 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,043/month

93 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Bungalow
  • High Speed Internet

About This Home

As of February 2023

GREAT FIT FOR INVESTORS. House is in need of structural repair. One BR, One BA bungalow style home with main floor laundry. House sits on a nice sized lot with a single stall detached garage. 15 year old pole barn with electrical service ran throughout. Wired for heat with attic exhaust fan.
Home being sold as-is. Seller will not entertain any requested updates/repairs. Inspection report showed structural issues with home. Contact LA for more info.
Looking for cash only buyers.

Last Agent to Sell the Property

James Chertos

Bellabay Realty LLC License #6502426808 Listed on: 01/18/2023

Bellabay Realty LLC

Last Buyer's Agent

James Chertos

Greenridge Realty (West)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 64x132

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 801 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 93.63
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 801.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1265.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 801.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Slab
  • LivingArea: 801.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 75000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 64x132
  • Lot Size Sq Ft: 8451.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1265.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 7, 2023
Sold by
Smith Barbara D and Smith Ronald R
Bought by
Smith Ronald R and Blankenship Cindy
Seller's Agent
James Chertos
Bellabay Realty LLC
Buyer's Agent
James Chertos
Bellabay Realty LLC
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Views
83
Current Estimated Value
$177,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,237
Avg. Annual Appreciation
61.47%

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 6, 2023
Sold by
Smith Barbara D and Smith Ronald R
Bought by
Smith Barbara D and Smith Ronald R
Seller's Agent
James Chertos
Bellabay Realty LLC
Buyer's Agent
James Chertos
Bellabay Realty LLC
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Views
83

Purchase Details

Closed on
Jan 10, 2022
Sold by
Smith Barbara D and Smith Ronald R
Bought by
Smith Barbara D and Smith Barbara D

Purchase Details

Closed on
Mar 9, 2007
Sold by
Johnson Barbara Diane and Smith Barbara Diane
Bought by
Smith Barbara D and Smith Ronald R

Purchase Details

Closed on
Dec 31, 2003
Sold by
Rathbun Rachel and Argo Rachel L
Bought by
Johnson Barbara D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Ronald R $45,000 Lighthouse Title
Smith Barbara D $45,000 Lighthouse Title
Smith Barbara D -- None Listed On Document
Smith Barbara D -- None Listed On Document
Smith Barbara D -- None Available
Johnson Barbara D $71,050 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $45,000 -40.0% $56 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $75,000 0.0% $94 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $75,000 0.0% $94 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $75,000 -40.0% $94 / Sq Ft
11/03/2022 11/03/22 For Sale $125,000 0.0% $156 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/23/2022 10/23/22 For Sale $125,000 -- $156 / 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 $1,335 $74,900 $0 $0
2024 $1,335 $71,700 $0 $0
2023 $1,229 $50,400 $0 $0
2022 $1,229 $50,400 $0 $0
2021 $1,229 $50,600 $0 $0
2020 $1,229 $42,000 $0 $0
2019 $1,229 $38,200 $0 $0
2018 $0 $34,800 $0 $0
2017 $0 $34,800 $0 $0
2016 -- $28,400 $0 $0
2015 -- $27,800 $0 $0
2014 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22045214

MichRIC

APN: 55-215-007-00