NOT LISTED FOR SALE

129 E South St Hillsdale, MI 49242

Estimated Value: $124,000 - $142,000

5 Beds
2 Baths
847 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $90,100 $106 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $893/month

3 Days on Market

About This Home

As of November 2021

Two unit home, fully rented, near the fairgrounds and downtown in Hillsdale. All new electrical upstairs and well maintained. Upstairs is 2 beds 1 bath up ($650/month) and 2-3 beds 1 bath ($775) down. Rent includes water and sewer.

Last Agent to Sell the Property

Christie Plemmons

Christie Plemmons Realty License #6501314352 Listed on: 09/29/2021

Last Buyer's Agent

Scott Phillips

Coldwell Banker Denny Groves

Coldwell Banker Denny Groves

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1900

Lot Details

  • 7,928

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 7,928 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,718

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 89900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7928.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1718.44
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 18, 2021
Sold by
Brown Jonathan and Brown Kristen
Bought by
101 E Bacon Llc
Seller's Agent
Christie Plemmons
Christie Plemmons Realty
Buyer's Agent
Scott Phillips
Coldwell Banker Denny Groves
List Price
$89,900
Sold Price
$90,100
Premium/Discount to List
$200
0.22%
Current Estimated Value
$130,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,220
Avg. Annual Appreciation
8.16%
Original Mortgage
$72,250
Outstanding Balance
$62,996
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$58,503

Purchase Details

Listed on
Mar 20, 2016
Closed on
Jul 7, 2017
Sold by
T & P Rentals Llc
Bought by
Brown Jonathan and Brown Kristen
Seller's Agent
Mary Brandeberry
Coldwell Banker Denny Groves
Buyer's Agent
Christie Plemmons
Christie Plemmons Realty
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$39,200
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2006
Sold by
Branham Jack W and Holliday Patric
Bought by
T & A Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2005
Sold by
Grigg Barbara
Bought by
T & A Rentals Llc

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bowditch John and Bowditch Patsy
Bought by
Norton Philip and Norton Mary
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
101 E Bacon Llc $90,100 None Available
Brown Jonathan $56,000 Public Title Company
T & A Rentals Llc -- None Available
T & A Rentals Llc $47,500 Public Title Agency
The Estate Of Mary A Norton $46,000 Public Title Agency
Norton Philip $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 101 E Bacon Llc $72,250
Previous Owner Brown Jonathan $39,200
Previous Owner Branham Jack $55,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $90,100 +0.2% $106 / Sq Ft
09/29/2021 09/29/21 For Sale $89,900 +60.5% $106 / Sq Ft
07/07/2017 07/07/17 Sold $56,000 -19.9% $66 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
03/20/2016 03/20/16 For Sale $69,900 -- $83 / Sq Ft
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
2025 $2,371 $43,800 $0 $0
2024 $1,748 $46,000 $0 $0
2023 $1,682 $38,200 $0 $0
2022 $2,243 $37,500 $0 $0
2021 $1,721 $35,400 $0 $0
2020 $1,678 $29,700 $0 $0
2019 $1,636 $27,600 $0 $0
2018 $1,621 $28,200 $0 $0
2017 $1,054 $35,600 $0 $0
2016 $990 $18,800 $0 $0
2015 $712 $18,800 $0 $0
2013 -- $20,270 $0 $0
2012 -- $18,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21108304

Southwestern Michigan Association of REALTORS®

APN: 006-426-353-09