NOT LISTED FOR SALE

2808 W State Rd Hastings, MI 49058

Estimated Value: $282,000 - $351,000

-- Bed
2 Baths
1,560 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $168,000 $108 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,951/month

147 Days on Market

About This Home

As of March 2020

A rare investment opportunity...two family home with deeded lake access to Algonquin Lake. Home features: 2 stall garage, 1- 2 bedroom unit / 1- 1 bedroom unit, both units have very large bedrooms, open and airy floor plan and main floor laundry. Very consistent and steady renters, large yard with private area's and decks for each tenant, plus a pole building and private basement for extra income or private storage. This well maintained duplex would make a great owner occupied or a consistent monthly cash flow for an investor.

Last Agent to Sell the Property

Lori Powers

Rumble & Powers Real Estate Listed on: 08/29/2019

Last Buyer's Agent

Matthew Chivell

616 Realty LLC License #6501415365

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1996

Lot Details

  • 0.34

Parking

  • 8 Parking Spaces

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer Not Available

Additional Features

  • Walk-Out Basement
  • 0.34 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,105

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: None
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3105.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Mar 10, 2020
Sold by
Friedrich Richard L and Friedrich Donna F
Bought by
Jorgensen Justin and Jorgensen Ashley
Seller's Agent
Lori Powers
Rumble & Powers Real Estate
Buyer's Agent
Matthew Chivell
616 Realty LLC
List Price
$189,900
Sold Price
$168,000
Premium/Discount to List
-$21,900
-11.53%
Current Estimated Value
$311,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,000
Avg. Annual Appreciation
11.62%
Original Mortgage
$125,000
Outstanding Balance
$110,705
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$200,295

Purchase Details

Closed on
May 10, 2012
Sold by
Friedrich Richard L and Friedrich Donna F
Bought by
Friedrich Richard L and Friedrich Donna F

Purchase Details

Closed on
Jul 16, 2004
Sold by
Howell Linda L
Bought by
Friedrich Richard L and Friedrich Donna
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
Jorgensen Justin $168,000 None Available
Friedrich Richard L -- None Available
Friedrich Richard L $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Justin $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $168,000 -11.5% $108 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
08/29/2019 08/29/19 For Sale $189,900 -- $122 / 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 $3,623 $143,700 $0 $0
2024 $3,623 $129,200 $0 $0
2023 $9,016 $105,800 $0 $0
2022 $9,016 $105,800 $0 $0
2021 $9,016 $100,500 $0 $0
2020 $3,015 $97,200 $0 $0
2019 $3,015 $93,200 $0 $0
2018 $0 $86,100 $0 $0
2017 $0 $87,500 $0 $0
2016 -- $72,800 $0 $0
2015 -- $67,100 $0 $0
2014 -- $67,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lori Powers

    Rumble & Powers Real Estate

  • M

    Buyer's Agent in 2020

    Matthew Chivell

    616 Realty LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19042113

Southwestern Michigan Association of REALTORS®

APN: 13-060-037-00

Michigan Barry County Hastings 49058

2808 W State Rd, Hastings, MI

This home is located at 2808 W State Rd, Hastings, MI 49058 since 29 August 2019 and is currently estimated at $311,000, approximately $199 per square foot. This property was built in 1996. 2808 W State Rd is a home located in Barry County with nearby schools including Hastings High 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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