$395,000
SOLD JUN 26, 2025

327 E State St Hanover, MI 49241

-- Bed
-- Bath
4,368 Sq Ft
0.69 Acres

Recently Sold

$90 Per Sq Ft

9% Below List Price

About This Home

As of June 2025

Multi unit apartment complex. 6 total units. Within the village of Hanover.

Last Agent to Sell the Property

All Agents Non MLS

Non Reciprocal Counties/Nonmls Listed on: 07/02/2025

Last Buyer's Agent

Rene' Spahr

Coldwell Banker Groves Real Estate License #6501425039

Coldwell Banker Groves Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1964

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 198x152

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3 Fireplaces

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Connected
  • Well
  • Septic Tank

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,441

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 198x152
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Slab: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 435000.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Heating: Hot Water, Radiant
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Dimensions: 198x152
  • Lot Size Sq Ft: 30056.0

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 7441.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2019
Sold by
Prater Enterprises Llc
Bought by
Valentini Properties Llc
Current Estimated Value
$394,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$97,163
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$297,039

Purchase Details

Closed on
Jan 15, 1999
Sold by
B B Properties
Bought by
Prater Interprises Llc

Purchase Details

Closed on
Oct 27, 1997
Sold by
Griffis Bret R
Bought by
B B Properties

Purchase Details

Closed on
Jan 23, 1992
Sold by
Connin Neil R and Connin Jane S
Bought by
Griffis Griffis B and Griffis P

Purchase Details

Closed on
Jan 1, 1992
Bought by
Griffis

Purchase Details

Closed on
May 18, 1984
Sold by
Vanesveld William and Vanesveld Elizabet
Bought by
Connin Neil R and Connin Jane S
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 Type Sale Price Title Company
Warranty Deed $155,000 None Available
Warranty Deed $208,000 --
Quit Claim Deed -- --
Warranty Deed $90,000 --
Warranty Deed $90,000 --
Warranty Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 For Sale $435,000 +10.1% $100 / Sq Ft
06/26/2025 06/26/25 Sold $395,000 -- $90 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
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 $6,538 $177,200 $0 $0
2024 $4,961 $178,900 $0 $0
2022 $5,834 $142,500 $0 $0
2021 $1,333 $148,400 $0 $0
2020 $5,734 $119,600 $0 $0
2019 $5,258 $115,400 $0 $0
2018 $5,081 $113,400 $0 $0
2017 $4,845 $108,400 $0 $0
2016 $4,033 $115,500 $16,400 $99,100
2015 -- $104,100 $104,100 $0
2014 -- $106,300 $106,300 $0
2013 -- $106,300 $106,300 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    All Agents Non MLS

    Non Reciprocal Counties/Nonmls

  • R

    Buyer's Agent in 2025

    Rene' Spahr

    Coldwell Banker Groves Real Estate

    (517) 607-6394

    162 Total Sales

    Rene' Spahr
    Section Image
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Map

Source: MichRIC

MLS Number: 25032152

MichRIC

APN: 000-17-28-126-020-00

Michigan Jackson County Hanover 49241

327 E State St, Hanover, MI

Sold

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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