NOT LISTED FOR SALE

216 N Bridge St Belding, MI 48809

Estimated Value: $136,326

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $125,000

Est. 9% increase in value since last sale

Current estimated payment $969/month

10 Days on Market

About This Home

As of January 2022

Great 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

Chris Lehman

RE/MAX United (Main) License #6501359503 Listed on: 11/19/2021

RE/MAX United (Main)

Last Buyer's Agent

Brett Vredevoogd

Five Star Real Estate (Rock) License #6501378336

Five Star Real Estate (Rock)

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,891

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1903
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1890.96
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Roofing:Wood: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 140000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Wood
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 33x132
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1890.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2003
Sold by
Feringa Steven C and Feringa Lisa
Bought by
Smith Gary and Smith Gerd
Current Estimated Value
$136,326

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
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
Smith Gary $71,500 Crowne Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Ryan $93,750
Closed Smith Gary $57,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: 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 $2,666 $44,900 $6,100 $38,800
2024 $2,547 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21115807

Southwestern Michigan Association of REALTORS®

APN: 401-090-000-205-00