NOT LISTED FOR SALE

319 W Washington St Grand Ledge, MI 48837

Estimated Value: $199,000 - $237,000

-- Bed
3 Baths
1,600 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $19,900 $12 Per Sq Ft

Est. 1,002% increase in value since last sale

Current estimated payment $1,491/month

295 Days on Market

Highlights

  • 6 Car Detached Garage
  • Leon W. Hayes Middle School Rated A-
  • Forced Air Heating System

About This Home

As of July 2014

This investments property is a great deal for just a very short time. This is a SHORT SALE. AS IS AND CASH ONLY. Buyer will have to sign off on some government required clean up items. This was a meth lab, and will require some cleaning. The subject was bringing in $1500.00 per month. This could be a great return on investment for the right new owner. Commission will be split 50/50. In short sales the bank makes the amount of commission that will be paid.

Last Agent to Sell the Property

Charles Pantera

Sun Realty & Chuck Pantera Appraisal Company License #6502100706 Listed on: 09/17/2013

Last Buyer's Agent

Raeanne Mardigian

RE/MAX Real Estate Professionals License #6501365083

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25

Parking

  • 6 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Tax Year: 12
  • Levels: One and One Half, Two
  • Year Built: 1900
  • Lot Size: .25 acres
  • Above Grade Finished Sq Ft: 1600.0
  • General Property Info:Lot Size Dimensions: .25 acres
  • General Property Info:Above Grade Finished Area: 1600.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Tax Info:Taxes2: 2699.0
  • Tax Info:Zoning3: Residential
  • General Property Info:_pound_ of Units: 3
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Partial: Yes

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Trinity Enterprises Llc
Bought by
Tpe 1 Llc
Current Estimated Value
$219,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,500
Outstanding Balance
$1,026,764
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$810,431

Purchase Details

Closed on
Jun 16, 2016
Sold by
Trinity Enterprise Llc
Bought by
Trinity Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 17, 2013
Closed on
Jul 31, 2014
Sold by
Hoffman Michael Robert
Bought by
Trinity Enterprise Llc
Seller's Agent
Charles Pantera
Sun Realty & Chuck Pantera Appraisal Company
Buyer's Agent
Raeanne Mardigian
RE/MAX Real Estate Professionals
List Price
$19,900
Sold Price
$19,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.03%

Purchase Details

Closed on
Feb 13, 2014
Sold by
Hoffman Michael R and Hoffman Charlene L
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Hoffman Michael R and Hoffman Charlene L
Bought by
Hoffman Michael Robert
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
Tpe 1 Llc -- Liberty Title
Trinity Enterprise Llc -- Attorney
Trinity Enterprise Llc $19,900 None Available
Green Tree Servicing Llc -- None Available
Hoffman Michael Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tpe 1 Llc $1,057,500
Previous Owner Trinity Enterprise Llc $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $19,900 0.0% $12 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $19,900 -- $12 / Sq Ft
Source: Greater Lansing 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 $3,547 $60,500 $0 $0
2024 $2,684 $53,400 $0 $0
2023 $2,610 $53,400 $0 $0
2022 $3,269 $53,900 $0 $0
2021 $3,140 $52,800 $0 $0
2020 $3,099 $50,300 $0 $0
2019 $2,954 $103,536 $0 $0
2018 $2,821 $46,200 $0 $0
2017 $2,763 $46,200 $0 $0
2016 $2,479 $45,600 $0 $0
2015 -- $44,200 $0 $0
2014 -- $44,200 $0 $0
2013 -- $44,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 52247

Greater Lansing Association of Realtors®

APN: 400-000-607-030-00