NOT LISTED FOR SALE

223 W Liberty St Belding, MI 48809

Estimated Value: $182,896 - $240,000

4 Beds
2 Baths
1,736 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $121,000 $70 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,530/month

32 Days on Market

About This Home

As of March 2022

ATTENTION INVESTORS! 2 unit investment property in the heart of Belding! Close to shopping and schools. Main floor unit is 2 bedroom/1 bath. Upper unit is 2 bedroom/1 bath. Lower unit rents for $725 per month. Upper unit rents for $600 per month. Live in one part and rent the other or rent both units! Buyer to verify all information.

Last Agent to Sell the Property

Jason Kik

HomeRealty, LLC License #6501433874APP20 Listed on: 03/18/2022

HomeRealty, LLC

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,816

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 145000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1816.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Mar 30, 2022
Sold by
Mw Property Brothers Llc
Bought by
Rj Executive Properties Llc
Seller's Agent
Jason Kik
HomeRealty, LLC
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$145,000
Sold Price
$121,000
Premium/Discount to List
-$24,000
-16.55%
Current Estimated Value
$219,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,974
Avg. Annual Appreciation
16.89%

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 30, 2021
Sold by
Boom Clap Llc
Bought by
Mw Property Brothers Llc
Seller's Agent
Jared Panozzo
HomeRealty, LLC
Buyer's Agent
Jared Panozzo
HomeRealty, LLC
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Closed on
May 24, 1995
Bought by
Ferguson Donald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rj Executive Properties Llc $121,000 --
Mw Property Brothers Llc $110,000 --
Ferguson Donald $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $121,000 -16.6% $70 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $145,000 0.0% $84 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $145,000 +31.8% $84 / Sq Ft
08/02/2021 08/02/21 Sold $110,000 -21.4% $63 / Sq Ft View Prior Sale
07/10/2021 07/10/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $139,900 -- $81 / Sq Ft
Source: MichRIC

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 $4,651 $85,100 $8,700 $76,400
2024 $44 $85,100 $8,700 $76,400
2023 $4,254 $62,100 $8,000 $54,100
2022 $3,649 $62,100 $8,000 $54,100
2021 $1,900 $52,900 $5,200 $47,700
2020 $1,804 $52,900 $5,200 $47,700
2019 $1,686 $48,700 $5,000 $43,700
2018 $1,840 $37,300 $5,700 $31,600
2017 $1,700 $37,300 $5,700 $31,600
2016 $1,686 $35,400 $3,500 $31,900
2015 -- $35,400 $3,500 $31,900
2014 -- $31,900 $3,400 $28,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Kik

    HomeRealty, LLC

    (616) 843-3468

    2 in this area

    99 Total Sales

    Jason Kik
    Section Image
  • John Cremer

    Buyer's Agent in 2022

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    4 in this area

    519 Total Sales

    John Cremer
    Section Image

  • J

    Seller's Agent in 2021

    Jared Panozzo

    HomeRealty, LLC

    (616) 502-7819

    1 in this area

    11 Total Sales

    Jared Panozzo
    Section Image
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Map

Source: MichRIC

MLS Number: 22005541

MichRIC

APN: 402-060-000-030-00

Michigan Ionia County Belding 48809

223 W Liberty St, Belding, MI

Not Listed for Sale

MultiFamily

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