NOT LISTED FOR SALE

1518 E Centre Ave Portage, MI 49002

2.4 Acres
-- Price per Acre
104,544 Sq Ft Lot

Last Sold September 03, 2013

Last sale price $110,000

About This Lot

As of September 2013

Great potential for this 2.4 acre 151 x 562 site. Currently zoned residential, but in the area of Office and Multifamily, IN THE HEART OF PORTAGE ON CENTRE between Lovers Lane and Newells. The property is located near shops, restaurants and just minutes from West Lake and Austin Lake.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 06/27/2013

Last Buyer's Agent

Joyce Wiles

Callander Commercial License #6501262910

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,693

Lot Details

  • 2.4 Acre Lot
  • Zoning described as R1B

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,693

Lot Details

2.4 Acres

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 119900.0
  • Lot Features: Buildable
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Sq Ft: 104544.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2693.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Glcd Mid-West Holdings Llc
Bought by
National Retail Properties Lp

Purchase Details

Closed on
Oct 4, 2018
Sold by
Gilden Woods Real Estate Portage Llc
Bought by
Glcd Mid West Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 10, 2014
Sold by
Hoeksema Carl E and Hoeksema Carol L
Bought by
Bbi Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,417,500
Interest Rate
4.34%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 3, 2013
Sold by
Micb Real Estate Holdings Llc
Bought by
Bbi Holdings Llc
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Joyce Wiles
Callander Commercial
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Purchase Details

Closed on
Dec 13, 2012
Sold by
Michigan Commerce Bank
Bought by
Micb Real Estate Holdings Llc

Purchase Details

Closed on
Apr 21, 2011
Sold by
Mastenbrook Mark and Mastenbrook Kathleen L
Bought by
Michigan Commerce Bank
Source: Public Records
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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
National Retail Properties Lp -- Fidelity National Title
Glcd Mid West Holdings Llc -- Chicago Title
Bbi Holdings Llc -- None Available
Bbi Holdings Llc $110,000 Devon Title Agency
Micb Real Estate Holdings Llc -- None Available
Michigan Commerce Bank $100,728 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glcd Mid West Holdings Llc $2,000,000
Previous Owner Bbi Holdings Llc $1,417,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $110,000 -8.3% --
06/27/2013 06/27/13 For Sale $119,900 -- --
06/14/2013 06/14/13 Pending -- -- --
Source: MichRIC

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 $72,903 $1,165,400 $0 $0
2021 $72,903 $1,209,200 $0 $0
2020 $68,642 $1,361,800 $0 $0
2019 $68,642 $1,119,100 $0 $0
2018 $0 $999,100 $0 $0
2017 $0 $894,400 $0 $0
2016 -- $751,600 $0 $0
2015 -- $634,500 $0 $0
2014 -- $91,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick O'Brien

    Seller's Agent in 2013

    Patrick O'Brien

    O'Brien Real Estate

    (269) 207-7446

    35 in this area

    263 Total Sales

    Patrick O'Brien
    Section Image

  • J

    Buyer's Agent in 2013

    Joyce Wiles

    Callander Commercial

    Section Image
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Map

Source: MichRIC

MLS Number: 13037897

MichRIC

APN: 10-00022-010-A

Michigan Kalamazoo County Portage 49002

1518 E Centre Ave, Portage, MI

Not Listed for Sale

Lots

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MichRIC Information is deemed reliable but not guaranteed.
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