Seller's Agent in 2022
Chris Lehman
RE/MAX Michigan
(616) 835-3735
2 in this area
73 Total Sales
216 N Bridge St Belding, MI 48809
Estimated Value: $189,519
Studio
--
Bath
--
Sq Ft
4,356
Sq Ft Lot
About This Home
As of January 2022Great money making opportunity for the investor or live in one unit and rent the other. Located close to downtown Belding stores, shops and restaurants. These units are in excellent condition and ready to rent out now. Unit 1 is 1 bedroom, 1 bath with full kitchen. Unit 2 is a 2 bedroom, 1 bath with large kitchen and washer and dryer hookup. Recent updates include, some flooring, paint, shower, roof in 2018 and furnace in 2017.
Last Agent to Sell the Property
RE/MAX United (Main) License #6501359503 Listed on: 11/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,891
Year Built
- Built in 1903
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
Parking
- 2 Parking Spaces
Home Design
- Wood Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for sewer, gas
- The owner pays for water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2021
Closed on
Jan 18, 2022
Sold by
Smith and Gerd
Bought by
Armstrong Ryan
Seller's Agent
Chris Lehman
RE/MAX United (Main)
Buyer's Agent
Brett Vredevoogd
Five Star Real Estate (Courtland)
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,519
Avg. Annual Appreciation
10.99%
Original Mortgage
$93,750
Outstanding Balance
$86,611
Interest Rate
3.45%
Mortgage Type
Construction
Estimated Equity
$102,908
Purchase Details
Closed on
Sep 5, 2003
Sold by
Feringa Steven C and Feringa Lisa
Bought by
Smith Gary and Smith Gerd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.75%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armstrong Ryan | $125,000 | -- | |
| Smith Gary | $71,500 | Crowne Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armstrong Ryan | $93,750 | |
| Previous Owner | Smith Gary | $57,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2022 01/18/22 | Sold | $125,000 | -10.7% | -- |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $140,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $2,666 | $44,900 | $6,100 | $38,800 |
| 2024 | $25 | $44,900 | $6,100 | $38,800 |
| 2023 | $2,438 | $40,300 | $5,600 | $34,700 |
| 2022 | $1,861 | $40,300 | $5,600 | $34,700 |
| 2021 | $1,892 | $35,300 | $5,300 | $30,000 |
| 2020 | $1,795 | $35,300 | $5,300 | $30,000 |
| 2019 | $1,593 | $35,400 | $5,300 | $30,100 |
| 2018 | $1,739 | $30,300 | $4,100 | $26,200 |
| 2017 | $1,607 | $30,300 | $4,100 | $26,200 |
| 2016 | $1,593 | $28,200 | $4,100 | $24,100 |
| 2015 | -- | $28,200 | $4,100 | $24,100 |
| 2014 | -- | $26,500 | $4,400 | $22,100 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Lehman
-
Brett Vredevoogd
B
Buyer's Agent in 2022
Brett Vredevoogd
Five Star Real Estate (Courtland)
(616) 676-7308
1 in this area
133 Total Sales
-
B
Buyer's Agent in 2022
Bretton Vredevoogd
Coldwell Banker Schmidt Realtors
Map
Source: MichRIC
MLS Number: 21115807
APN: 401-090-000-205-00
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.
Information is deemed reliable but not guaranteed.
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