Seller's Agent in 2025
Brady Williams
Greater Development LLC
(360) 989-5395
11 Total Sales
Estimated Value: $1,257,156 - $1,843,000
21
Beds
19
Baths
18,200
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- 1.49 Acre Lot
- Contemporary Architecture
- Baseboard Heating
About This Home
As of February 2025Sugar Pine Apartments is a stabilized, value-add 19 unit apartment building located in Holt, MI. The property consists of eighteen 1 bedroom apartments (800 square feet) one 3 bedroom unit (1,000 square feet) and 9 storage units. The property is 100% occupied grossing $17,295 per month.
All 19 units are in one building - that was built in 1999. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 28 parking spaces for the 19 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard heat. The landlord pays for water, sewer and trash. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested over $100,000 into the building this year including patching, sealing and striping the parking lot, 3 unit renovations, and exterior / common area CAPEX.
Last Agent to Sell the Property
Greater Development LLC License #6501413257 Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1999
Lot Details
- 1.49 Acre Lot
- Lot Dimensions are 175.80 x 336.00
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 19 Full Bathrooms
- 18,200 Sq Ft Home
- 2-Story Property
- Finished Basement
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 33250514151003
Community Details
Overview
- 19 Units
Pet Policy
- Call for details about the types of pets allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Mar 14, 2025
Sold by
Bought by
Seller's Agent
Brady Williams
Greater Development LLC
Buyer's Agent
Brady Williams
Greater Development LLC
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
33
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
-$199,922
Avg. Annual Appreciation
-8.19%
Original Mortgage
$1,100,000
Outstanding Balance
$1,091,590
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$458,488
Purchase Details
Listed on
Oct 28, 2024
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
Brady Williams
Greater Development LLC
Buyer's Agent
Brady Williams
Greater Development LLC
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,091,590
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$458,488
Purchase Details
Closed on
Feb 13, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,500
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 8, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $1,200,000 | None Listed On Document | ||
| $733,000 | Diversified National Title | ||
| $368,000 | Diversified National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,100,000 | ||
| Closed | $900,000 | ||
| Closed | $366,500 | ||
| Closed | $276,000 | ||
| Closed | $160,547 | ||
| Closed | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $1,750,000 | -5.4% | $96 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | For Sale | $1,850,000 | -- | $102 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,069 | $547,600 | $57,000 | $490,600 |
| 2024 | $42 | $399,000 | $47,500 | $351,500 |
| 2023 | $21,912 | $313,200 | $38,000 | $275,200 |
| 2022 | $21,421 | $305,800 | $38,000 | $267,800 |
| 2021 | $21,649 | $305,800 | $38,000 | $267,800 |
| 2020 | $22,121 | $305,800 | $38,000 | $267,800 |
| 2019 | $18,872 | $298,800 | $28,500 | $270,300 |
| 2018 | $18,223 | $248,600 | $28,500 | $220,100 |
| 2017 | $17,064 | $248,600 | $28,500 | $220,100 |
| 2016 | $16,763 | $248,600 | $28,500 | $220,100 |
| 2015 | $16,230 | $242,100 | $57,000 | $185,100 |
| 2014 | $16,230 | $241,000 | $57,000 | $184,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brady Williams
Map
Source: Realcomp
MLS Number: 20240081425
APN: 25-05-14-151-003
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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