NOT LISTED FOR SALE

2906 Lewis Ave Ida, MI 48140

Ida Neighborhood

Estimated Value: $344,817

9 Beds
6 Baths
3,600 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $265,000 $74 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,157/month

12 Days on Market

Highlights

  • 0.66 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Corner Lot
  • Property is near schools
  • 2-minute walk to Ida Fireman's Park

About This Home

As of November 2020

Great opportunity to own a great income property in down town Ida! Property consists of 4 commercial spaces and 6 residential apartments and over 10,000 square feet.. Currently generates over 5k a month with the potential for more. Sale would include two separate parcels along with a billboard that generates additional income. Multiple offers. Deadline is Thursday 1/16/2020 at 6:00pm. All offers will be reviewed on Friday, 1/17/2020.

Last Agent to Sell the Property

Michael Begeman

Key Realty One LLC - Ida License #MCAR-6501320982 Listed on: 01/06/2020

Last Buyer's Agent

Michael Begeman

Key Realty One LLC - Ida License #MCAR-6501320982 Listed on: 01/06/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 229x110
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Separate Meters

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 08 060 039 00; 08 060 040 00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 8953.37
  • Total Tax Year: 2019
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Brick, Wood
  • Exterior Features: Sidewalks
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Boiler, Forced Air
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Pets-Allowed

Lot Info

  • Assessor Parcel Number: 08 060 039 00; 08 060 040 00
  • Location: Corner Lot, Walk To School
  • Lot Dimensions: 229x110
  • Acreage: 0.66
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,277.10
  • Winter Tax: Year: 2019, Amount: $6,676.27
  • Total Tax: Year: 2019, Amount: $8,953.37

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Ida Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Marjorie A Kreps Trust and Kreps Marjorie A
Bought by
Lewis Ave Apartments Llc
Current Estimated Value
$344,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,259
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2020
Closed on
Dec 7, 2020
Sold by
Marjorie A Kreps Trust
Bought by
Joseph-Bonds Enterprises Llc
Seller's Agent
Michael Begeman
Key Realty One LLC - Ida
Buyer's Agent
Michael Begeman
Key Realty One LLC - Ida
List Price
$264,900
Sold Price
$265,000
Premium/Discount to List
$100
0.04%
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
Lewis Ave Apartments Llc $265,000 None Listed On Document
Joseph-Bonds Enterprises Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ave Apartments Llc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $265,000 0.0% $74 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $264,900 -- $74 / Sq Ft
Source: Michigan Multiple Listing Service

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 $12,371 $326,700 $10,150 $316,550
2024 $3,080 $282,500 $0 $0
2023 $2,878 $252,200 $0 $0
2022 $2,750 $252,200 $0 $0
2021 $7,823 $190,300 $0 $0
2020 $6,404 $190,900 $0 $0
2019 $6,314 $190,900 $0 $0
2018 $6,159 $151,600 $0 $0
2017 $5,990 $291,190 $0 $0
2016 $5,975 $149,500 $0 $0
2015 $5,801 $142,900 $0 $0
2014 $5,723 $132,600 $0 $0
2013 -- $155,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Begeman

    Seller's Agent in 2020

    Michael Begeman

    Key Realty One LLC - Ida

    (734) 652-4666

    7 in this area

    108 Total Sales

    Michael Begeman
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50003135

Michigan Multiple Listing Service

APN: 08-060-039-00

Michigan Monroe County Ida 48140 Ida

2906 Lewis Ave, Ida, MI

Not Listed for Sale

MultiFamily

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