NOT LISTED FOR SALE

1301 Springfield Dr Midland, MI 48642

Midland Area

Estimated Value: $321,370

8 Beds
4 Baths
3,300 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

Last sale price $240,500 $73 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,365 / mo

3 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Patio
  • Corner Lot
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Well Maintained four unit in Midland. Currently fully occupied. Owner pays water, all other services paid by tenants. Each unit has it's own furnace, c/a and garage. Basement area has storage room for each unit plus HOUSE unit for hot water heaters and misc. Also included is coin operated washer and dryer. First level units have private patios and uppers have small deck off bedroom. ALL UNITS ARE CURRENTLY RENTED.

Last Agent to Sell the Property

Linda Berth

Coldwell Banker Professionals License #MBR-6502322970 Listed on: 07/06/2021

Coldwell Banker Professionals

Last Buyer's Agent

Nathan Rapanos

RE/MAX of Midland License #MBR-6501430446

RE/MAX of Midland
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1981

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 64x170
  • Corner Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Entryway
  • Storm Screens
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14-13-50-340

Community Details

Overview

  • 4 Units
  • Lincoln Manor Of Midland Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5

Year Built

Built in 1981

Lot Details

0.25 Acres

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Contemporary
  • Total Tax Amount: 5881.64
  • Year Built: 1981
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Common, Partially Finished
  • Bedrooms: 8
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Entry, Lower Level Laundry
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Aluminum, Brick, Wood
  • Exterior Features: Patio, Sidewalks, Storms/Screens, Exterior Balcony
  • Frontage: 64
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage
  • Garage Spaces: 4
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Public Water
  • Cooling System: Central A/C, Exhaust Fan
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility, Sidewalks, Street Lights, Pets-Not Allowed

Lot Info

  • Assessor Parcel Number: 14-13-50-340
  • Location: Corner Lot
  • Lot Dimensions: 64x170
  • Acreage: 0.25
  • Lot Description: Platted, Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Water/Sewer
  • Lease Information: Security Deposit

Tax Info

  • Summer Tax: Year: 2021, Amount: $4,069.08
  • Winter Tax: Year: 2020, Amount: $1,812.56
  • Total Tax: Amount: $5,881.64

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Midland Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 20, 2021
Sold by
Bought by
Seller's Agent
Linda Berth
Coldwell Banker Professionals
Buyer's Agent
Nathan Rapanos
RE/MAX of Midland
List Price
$249,000
Sold Price
$240,500
Premium/Discount to List
-$8,500
-3.41%
Current Estimated Value
$321,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,870
Avg. Annual Appreciation
5.94%
Original Mortgage
$193,651
Outstanding Balance
$172,631
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$148,739

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
Linda Berth
Coldwell Banker Professionals
Buyer's Agent
Nathan Rapanos
RE/MAX of Midland
List Price
$249,000
Sold Price
$240,500
Premium/Discount to List
-$8,500
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,651
Outstanding Balance
$172,631
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$148,739
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$242,063 Rapanos David
$240,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $110,000
Open $193,651
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $240,500 -3.4% $73 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $249,000 -- $75 / Sq Ft
Source: Midland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,189 $162,900 $0 $0
2025 $7,074 $153,200 $0 $0
2024 $4,902 $134,700 $0 $0
2023 $4,668 $115,200 $0 $0
2022 $6,764 $112,600 $0 $0
2021 $5,853 $99,500 $0 $0
2020 $5,902 $101,500 $0 $0
2019 $5,877 $102,700 $12,500 $90,200
2018 $5,718 $114,400 $12,500 $101,900
2017 $0 $113,600 $12,500 $101,100
2016 $6,074 $110,200 $12,500 $97,700
2012 -- $103,800 $12,500 $91,300
Source: Public Records

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Map

Source: Midland Board of REALTORS®

MLS Number: 50047420

Midland Board of REALTORS®

APN: 14-13-50-340

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