NOT LISTED FOR SALE

214 Union St Ionia, MI 48846

Estimated Value: $338,279

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $185,000

Est. 83% increase in value since last sale

Current estimated payment $2,056/month

7 Days on Market

About This Home

As of November 2017

This 7 unit is in the heart of downtown Ionia. Great investment property. Most tenants have been long term and all units are occupied at this time. 7 parking spots and street parking available. Many updates and new roof 5 years ago.

Last Agent to Sell the Property

Aimee Knudson

Riverside Realty LLC License #6501389321 Listed on: 10/19/2017

Last Buyer's Agent

Richard Poole

Five Star Real Estate (Ionia)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 93x99

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,077

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93x99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3077.0
  • Tax Info:Zoning3: commercial 201
  • General Property Info:Total _pound_ Units: 7
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 210000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: commercial 201
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 7

Tax Info

  • Tax Annual Amount: 3077.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 17, 2017
Sold by
Matrix Investments Llc
Bought by
Union St Property Llc
Seller's Agent
Aimee Knudson
Riverside Realty LLC
Buyer's Agent
Richard Poole
Five Star Real Estate (Ionia)
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Current Estimated Value
$338,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,279
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Feb 7, 2001
Bought by
Matrix Investments Llc
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
Union St Property Llc $185,000 --
Matrix Investments Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $185,000 -11.9% --
10/26/2017 10/26/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $210,000 -- --
Source: Southwestern Michigan 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 $2,728 $59,700 $10,900 $48,800
2024 $2,597 $59,700 $10,900 $48,800
2023 $2,476 $46,200 $8,500 $37,700
2022 $2,359 $41,800 $8,200 $33,600
2021 $2,407 $42,300 $7,500 $34,800
2020 $2,306 $42,300 $7,500 $34,800
2019 $2,995 $42,800 $6,600 $36,200
2018 $3,251 $57,300 $7,700 $49,600
2017 $2,941 $57,300 $7,700 $49,600
2016 $2,995 $59,300 $6,200 $53,100
2015 -- $59,300 $6,200 $53,100
2014 -- $56,100 $6,200 $49,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Aimee Knudson

    Riverside Realty LLC

    (616) 401-5078

    27 Total Sales

    Aimee Knudson
    Section Image

  • R

    Buyer's Agent in 2017

    Richard Poole

    Five Star Real Estate (Ionia)

  • L

    Buyer Co-Listing Agent in 2017

    Lisa Coe

    Five Star Real Estate (Ada)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17052322

Southwestern Michigan Association of REALTORS®

APN: 203-120-000-075-00

Michigan Ionia County Ionia 48846

214 Union St, Ionia, MI

This home is located at 214 Union St, Ionia, MI 48846 since 19 October 2017 and is currently estimated at $338,279. This property was built in 1900. 214 Union St is a home located in Ionia County with nearby schools including Ionia High School, Saints Peter and Paul Catholic School, and Ionia Seventh Day Adventist Elementary 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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