NOT LISTED FOR SALE

257 E Washington St Ionia, MI 48846

Estimated Value: $171,459 - $226,000

4 Beds
2 Baths
1,974 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $106,000 $54 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,367/month

18 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 4-minute walk to Perry Park

About This Home

As of December 2020

Amazing income property opportunity! 2 unit duplex walking distance to Historic Downtown Ionia. West unit features 2 bedrooms 1 bathroom while the East unit is a 1 bedroom 1 bathroom. Both units have access to a private screened porch, one shared garage so each side has one space inside and one additional off street parking space. Each unit has been well maintained through the years with great rental history. The current renters have leases until 2021.

Last Agent to Sell the Property

Lisa Coe

Five Star Real Estate (Ionia) Listed on: 10/29/2020

Last Buyer's Agent

Deborah Thornton

Five Star Real Estate (Ionia)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1920

Lot Details

  • 6,447 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Metal Roof
  • Aluminum Siding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,444

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 106000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Metal

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6447.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2444.03
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 9, 2020
Sold by
Bishop Alta B Trust
Bought by
David Courtnay F
Seller's Agent
Lisa Coe
Five Star Real Estate (Ionia)
Buyer's Agent
Deborah Thornton
Five Star Real Estate (Ionia)
List Price
$106,000
Sold Price
$106,000
Current Estimated Value
$207,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,865
Avg. Annual Appreciation
15.31%
Source: Public Records

Range of Values:

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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
David Courtnay F $106,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $106,000 0.0% $54 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $106,000 -- $54 / Sq Ft
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 $2,832 $94,500 $11,600 $82,900
2024 $2,696 $94,500 $11,600 $82,900
2023 $2,571 $74,700 $8,600 $66,100
2022 $2,449 $67,100 $7,600 $59,500
2021 $2,498 $55,800 $7,600 $48,200
2020 $2,361 $55,800 $7,600 $48,200
2019 $2,111 $56,900 $6,300 $50,600
2018 $2,404 $51,700 $5,600 $46,100
2017 $2,086 $51,700 $5,600 $46,100
2016 $2,111 $46,200 $5,000 $41,200
2015 -- $46,200 $5,000 $41,200
2014 $1,824 $42,900 $6,200 $36,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Coe

    Five Star Real Estate (Ionia)

  • D

    Buyer's Agent in 2020

    Deborah Thornton

    Five Star Real Estate (Ionia)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20042022

Southwestern Michigan Association of REALTORS®

APN: 203-210-000-075-00

Michigan Ionia County Ionia 48846

257 E Washington St, Ionia, MI

This home is located at 257 E Washington St, Ionia, MI 48846 since 29 October 2020 and is currently estimated at $207,865, approximately $105 per square foot. This property was built in 1920. 257 E Washington St is a home located in Ionia County with nearby schools including Ionia High School, Saints Peter and Paul Catholic School, and Ionia Seventh Day Adventist Elementary School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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