PENDING
$74K PRICE DROP
225 E Main St Spring Arbor, MI 49283
Spring Arbor NeighborhoodEstimated payment $1,065/month
Total Views
9,093
5
Beds
3
Baths
2,698
Sq Ft
$60
Price per Sq Ft
Highlights
- 0.69 Acre Lot
- 2 Car Detached Garage
- Hot Water Heating System
About This Home
Investor Opportunity! This spacious 5-bedroom, 3-bath home in Spring Arbor offers endless potential for the right buyer. It features an attached office space with its own front and back entrances, making it ideal for those who want to live in the home while renting out the office or using it for personal or business needs. The versatile layout and generous square footage make this property perfect for families or creative investors ready to unlock its full potential. Located in a prime spot near local amenities, this property is priced to reflect its opportunity for updates. Don't miss your chance to make this home your own and explore all its possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,031
Year Built
- Built in 1982
Lot Details
- 0.69 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2,698 Sq Ft Home
- 2-Story Property
- Basement
- Michigan Basement
- Laundry on main level
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- 3 Full Bathrooms
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- Well
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,031 | $115,000 | $0 | $0 |
| 2023 | $2,025 | $107,400 | $0 | $0 |
| 2022 | $3,045 | $99,000 | $0 | $0 |
| 2021 | $2,979 | $96,360 | $0 | $0 |
| 2020 | $2,943 | $104,680 | $0 | $0 |
| 2019 | $2,805 | $94,380 | $0 | $0 |
| 2018 | $2,805 | $91,130 | $6,930 | $84,200 |
| 2017 | $2,659 | $87,250 | $0 | $0 |
| 2016 | $1,719 | $86,970 | $86,970 | $0 |
| 2015 | $65,633 | $75,310 | $75,310 | $0 |
| 2014 | $65,633 | $68,410 | $68,410 | $0 |
| 2013 | -- | $68,410 | $68,410 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 01/18/2025 01/18/25 | Price Changed | $160,900 | -8.5% | $60 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $175,900 | -2.3% | $65 / Sq Ft |
| 12/13/2024 12/13/24 | Price Changed | $180,000 | -5.3% | $67 / Sq Ft |
| 12/09/2024 12/09/24 | Price Changed | $190,000 | -5.0% | $70 / Sq Ft |
| 11/29/2024 11/29/24 | Price Changed | $199,900 | -9.1% | $74 / Sq Ft |
| 11/22/2024 11/22/24 | Price Changed | $219,900 | -6.4% | $82 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $234,900 | -- | $87 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $16,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $32,000 | Credit Line Revolving |
Source: Public Records
Similar Home in Spring Arbor, MI
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24059660
APN: 000-12-16-451-002-00
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