NOT LISTED FOR SALE

305 N Demorest St Belding, MI 48809

Estimated Value: $34,993 - $281,000

36.25 Acres
$4,014 Price per Acre
1,579,050 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $30,000

Est. 371% increase in value since last sale

Current estimated payment $953/month

488 Days on Market

About This Lot

As of December 2023

36+ Acres with unlimited possibilities! Property stretches from larger multi-family complexes to desirable Belding single family home neighborhood. Road access and frontage on Demorest, Kenwood, and Levac St. Property is currently zoned R1 & R2 with other potential zoning options. Consult local municipality. City water/sewer, Natural Gas, and High Speed internet at the street. Awesome development opportunity or build your dream home on your private oasis. Great location in small town yet just a quick 25-30 min to GR. Hurry to walk!!

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 07/29/2022

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia) Listed on: 07/29/2022

Property Details

Property Type

  • Land

Lot Details

  • 36.25 Acre Lot
  • Wooded Lot
  • Property is zoned R-2, R-2

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Recreational Area

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: IRR
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 3173.52
  • Tax Info:Zoning3: R-2
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 174900.0
  • Lot Features: Buildable, Recreational, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: None Connected, Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available

Lot Info

  • Current Use: Recreational
  • Lot Size Acres: 36.25
  • Lot Size Area: 36.25
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 1579050.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3173.52
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Dec 21, 2023
Sold by
Vandenbrink Jacob
Bought by
1407 W Ellis Llc
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$249,900
Sold Price
$30,000
Premium/Discount to List
-$219,900
-88%
Views
347
Current Estimated Value
$141,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,159
Avg. Annual Appreciation
116.03%

Purchase Details

Listed on
Dec 8, 2017
Closed on
Sep 21, 2018
Sold by
Mcpeek Deborah J and Meagher Susan A
Bought by
Vandenbrink Jacob
Seller's Agent
Mandy Green
Coldwell Banker Realty (Grvl)
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.31%
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
1407 W Ellis Llc $30,000 --
Vandenbrink Jacob $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $30,000 -82.8% --
10/21/2022 10/21/22 Price Changed $174,900 -30.0% --
07/29/2022 07/29/22 For Sale $249,900 +524.8% --
09/21/2018 09/21/18 Sold $40,000 -33.3% -- View Prior Sale
08/18/2018 08/18/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $60,000 -- --
Source: MichRIC

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 $2,583 $37,500 $0 $0
2024 $22 $37,500 $37,500 $0
2023 $3,186 $52,500 $52,500 $0
2022 $3,035 $52,500 $52,500 $0
2021 $3,085 $50,000 $50,000 $0
2020 $2,969 $50,000 $50,000 $0
2019 $525 $50,000 $50,000 $0
2018 $1,458 $11,500 $11,500 $0
2017 $529 $11,500 $11,500 $0
2016 $525 $26,400 $26,400 $0
2015 -- $26,400 $26,400 $0
2014 -- $26,400 $26,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22032298

MichRIC

APN: 401-040-000-260-20