163 W State Rd Newaygo, MI 49337
Estimated payment $3,096/month
Highlights
- 2 Fireplaces
- 8 Car Garage
- Level Lot
- Forced Air Heating and Cooling System
- High Speed Internet
- 3-minute walk to Marshall Memorial Park
About This Home
Unit 1 $740Unit 2 $740Unit 3 $740Unit 4 $700Unit 5 $740Unit 6 $1200Unit 7 $700Unit 8 $800Currently used as a Boarding House, Grandfathered-In. Could easily be office space or hospitality use. Original Oak trim throughout the home; two large pocket doors original finish; butler's pantry, two large staircases; 3rd floor eagle nest gorgeous apartment. Most of the roof is slate; gorgeous views throughout all windows. 2-story historic carriage house included; this home was the first brick home built in Newaygo by a logger employee of Solomon Riblet, who brought about major travel routes north of Newaygo. Improvements include new electrical boxes; plumbing improvements; tuck-pointed brick; boiler inspected and repaired; completely renovated apartment 3rd floor .
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,245
Year Built
- Built in 1880
Lot Details
- 8,168 Sq Ft Lot
- Lot Dimensions are 49 x 165
- Level Lot
Home Design
- Brick Exterior Construction
- Slate Roof
- Composition Roof
Interior Spaces
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Parking
- 8 Car Garage
- Driveway
Location
- Mineral Rights Excluded
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- Insurance Expense $6,200
- Utility Expense $4,750
- Gross Income $120,000
- Net Operating Income $66,300
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $45 | $112,400 | $0 | $0 |
| 2023 | $4,060 | $98,800 | $0 | $0 |
| 2022 | $4,784 | $76,000 | $0 | $0 |
| 2021 | $1,985 | $68,900 | $0 | $0 |
| 2020 | $1,988 | $67,600 | $0 | $0 |
| 2019 | $1,978 | $62,900 | $0 | $0 |
| 2018 | $1,975 | $62,000 | $0 | $0 |
| 2017 | $1,921 | $60,800 | $0 | $0 |
| 2016 | $1,899 | $52,100 | $0 | $0 |
| 2015 | -- | $48,500 | $0 | $0 |
| 2014 | -- | $47,400 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $475,000 | +171.4% | -- |
| 11/03/2021 11/03/21 | Sold | $175,000 | 0.0% | $58 / Sq Ft |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $175,000 | -- | $58 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $25,426 | Unknown |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25023340
APN: 18-24-280-005
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