NOT LISTED FOR SALE

210 Elm St Portland, MI 48875

Estimated Value: $204,919

-- Bed
1 Bath
1,800 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $110,000 $61 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,554/month

20 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to Two Rivers Park
  • 6 Car Attached Garage
  • Concrete Flooring

About This Home

As of December 2012

This 5 unit aparment building features 5 1 bedroom 1 bath units. The 1st floor has 2 units, which are the largest. the middle floor has 3 units. the lower, alley level has 3-1car garages and also a laundry facilty with 2 coin operated washers and dryers. Only electric is paid by the tenants. Positive cash flow! Many updates. Currently 3 leases, and 2 month to month tenancies. Call for more info. All buyers must be pre-approved prior to showing.

Last Agent to Sell the Property

Terry Frewen

Coldwell Banker Frewen Realty, LLC License #6502127540 Listed on: 11/29/2012

Last Buyer's Agent

Terry Frewen

Coldwell Banker Frewen Realty, LLC License #6502127540 Listed on: 11/29/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,011

Parking

  • 6 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 50x120

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Tax Year: 12
  • Registered Licenses for Unrelated Occupants: na
  • Levels: Two
  • Year Built: 1938
  • Lot Size: 50x120
  • Above Grade Finished Sq Ft: 1800.0
  • General Property Info:Lot Size Dimensions: 50x120
  • General Property Info:Above Grade Finished Area: 1800.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Exterior:Concrete: Yes
  • Tax Info:Taxes2: 3697.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Construction Type: Block, Brick, Concrete
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2013
Sold by
David T Bandfield Revocable Living Trust
Bought by
Frewen Rentals Llc
Current Estimated Value
$204,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,925
Outstanding Balance
$68,268
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$136,651
Source: Public Records

Range of Values:

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Average Value
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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
Frewen Rentals Llc $98,980 Essential Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frewen Rentals Llc $93,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $110,000 -8.3% $61 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $120,000 -- $67 / Sq Ft
Source: Greater Lansing 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 $5,603 $98,400 $16,900 $81,500
2024 $46 $98,400 $16,900 $81,500
2023 $5,354 $87,000 $16,900 $70,100
2022 $5,143 $87,000 $16,900 $70,100
2021 $3,636 $65,600 $6,900 $58,700
2020 $2,930 $65,600 $6,900 $58,700
2019 $3,527 $63,100 $6,900 $56,200
2018 $3,471 $61,400 $6,900 $54,500
2017 $2,735 $61,400 $6,900 $54,500
2016 $2,851 $59,200 $6,900 $52,300
2015 $3,043 $59,200 $6,900 $52,300
2014 $3,043 $60,500 $7,500 $53,000
Source: Public Records

Agents Affiliated with this Home

  • Terry Frewen

    Seller's Agent in 2012

    Terry Frewen

    Coldwell Bankers Frewen Realty

    (517) 256-4321

    39 in this area

    93 Total Sales

    Terry Frewen
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 43079

Greater Lansing Association of Realtors®

APN: 300-050-000-620-00

Michigan Ionia County Portland 48875

210 Elm St, Portland, MI

This home is located at 210 Elm St, Portland, MI 48875 since 29 November 2012 and is currently estimated at $204,919, approximately $113 per square foot. This property was built in 1938. 210 Elm St is a home located in Ionia County with nearby schools including Oakwood Elementary School, Westwood Elementary School, and Portland Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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