NOT LISTED FOR SALE
2 Beds
1 Bath
700 Sq Ft
0.76 Acre Lot

Sale Details

Date Sold: August 28, 2025

Last sale price $660,500 $944 Per Sq Ft

20 Days on Market

Highlights

  • 0.76 Acre Lot
  • Laundry Facilities
  • Heating System Uses Natural Gas

About This Home

As of August 2025

Great opportunity to own an income producing property in very desirable Spring Lake! 6 unit building. This property has huge upside to bring the units up to market rates and increase profitability. Unit showing upon receipt of written offer and acceptance.

Last Agent to Sell the Property

Todd Pearson

Greenridge Realty (Lowell) License #6501295673 Listed on: 07/01/2025

Co-Listed By

Medvin Aslanian

Greenridge Realty (Cascade) License #6501409693

Last Buyer's Agent

NON Member WCAR Agent

NON Member WCAR

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1971

Lot Details

  • 33,277 Sq Ft Lot
  • Lot Dimensions are 135x175

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Stucco

Basement

  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, water, gas
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1971

Lot Details

0.76 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1971
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 135x175
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: R4
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Heat Type:Radiant: Yes
  • Substructure:Daylight: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 5500.0
  • Remarks Misc: Public Remarks: Great opportunity to own an income producing property in very desirable Spring Lake! 6 unit building. This property has huge upside to bring the units up to market rates and increase profitability. Unit showing upon receipt of written offer and acceptance.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Stucco, Vinyl Siding
  • List Price: 680000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: Common Area
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size Area: 0.76
  • Lot Dimensions: 135x175
  • Lot Size Sq Ft: 33277.0
  • Zoning Description: R4

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Year: 2024

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 1, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
Seller's Agent
Todd Pearson
Greenridge Realty (Lowell)
Buyer's Agent
NON Member WCAR Agent
NON Member WCAR
List Price
$680,000
Sold Price
$660,500
Premium/Discount to List
-$19,500
-2.87%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$237,881
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 29, 2024
Sold by
Bought by
Seller's Agent
Shawn Jacobs
MOXIE Real Estate + Development
Buyer's Agent
Medvin Aslanian
Greenridge Realty (Cascade)
List Price
$570,000
Sold Price
$570,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$427,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Bought by

Purchase Details

Closed on
May 10, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spring Lake, MI

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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
-- None Listed On Document
-- None Listed On Document
$570,000 Irongate Title Agency
-- Lighthouse Title Inc
-- None Available
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 $240,000
Previous Owner $427,500
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 Prior Sale
08/28/2025 08/28/25 Sold $660,500 -2.9% $944 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $680,000 +19.3% $971 / Sq Ft
08/29/2024 08/29/24 Sold $570,000 0.0% $814 / Sq Ft View Prior Sale
07/03/2024 07/03/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $570,000 -- $814 / Sq Ft
Source: MichRIC

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 $8,881 $289,300 $0 $0
2025 $7,317 $207,500 $0 $0
2024 $42 $206,100 $0 $0
2023 $4,256 $195,300 $0 $0
2022 $5,010 $112,500 $0 $0
2021 $4,839 $106,900 $0 $0
2020 $4,858 $106,000 $0 $0
2019 $4,437 $99,900 $0 $0
2018 $4,225 $96,200 $27,600 $68,600
2017 $4,121 $96,000 $0 $0
2016 $4,094 $93,400 $0 $0
2015 -- $93,000 $0 $0
2014 -- $89,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25032058

MichRIC
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