NOT LISTED FOR SALE

327 N Bridge St Grand Ledge, MI 48837

Estimated Value: $214,000 - $258,000

5 Beds
4 Baths
2,723 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $105,000 $39 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,657/month

Highlights

  • Covered Patio or Porch
  • 5 Car Detached Garage
  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-

About This Home

As of March 2018

Desirable Grand Ledge Multi Unit. Income from rental is $1900 a month. All units are on separate meters and tenants pay utilities. Property has 4 individual units and is 100% occupied.
2 Bed 1 Bath-$525 per month
1 Large Bed and 1 Bath-$525 per month
1 Bed 1 Bath-$425 per month
Studio 1 Bath-$425 per month

Last Agent to Sell the Property

Timothy Sabrosky

Keller Williams Realty Lansing Listed on: 01/26/2018

Last Buyer's Agent

Lisa Fata

Coldwell Banker Realty -Stadium License #6506045315

Coldwell Banker Realty -Stadium

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 55x99.5

Parking

  • 5 Car Detached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,723 Sq Ft Home
  • 2-Story Property

Basement

  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Tax Year: 2016
  • Levels: Two
  • Year Built: 1890
  • Lot Size Acres: 0.13
  • Lot Size: 55x99.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2723.0
  • General Property Info:Lot Size Dimensions: 55x99.5
  • General Property Info:Above Grade Finished Area: 2723.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 3260.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Income
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 5

Utilities

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

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 5488.56
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 9, 2018
Sold by
Conrete Development Llc
Bought by
Equity Trust Company
Seller's Agent
Timothy Sabrosky
Keller Williams Realty Lansing
Buyer's Agent
Lisa Fata
Coldwell Banker Realty -Stadium
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%
Current Estimated Value
$243,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,176
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Holberg Robert Herman and Holberg Donna J
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Feb 27, 2003
Sold by
Holberg Robert H and Holberg Donna J
Bought by
Concrete Development Llc
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
Equity Trust Company $105,000 Transnation Title Agency
The Federal Home Loan Mortgage Corporati $66,441 None Available
Concrete Development Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $105,000 -3.7% $39 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $109,000 -- $40 / 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 $4,478 $77,900 $0 $0
2024 $3,388 $73,300 $0 $0
2023 $3,198 $72,600 $0 $0
2022 $4,005 $67,700 $0 $0
2021 $3,847 $62,500 $0 $0
2020 $3,796 $59,900 $0 $0
2019 $3,588 $56,794 $0 $0
2018 $3,522 $52,800 $0 $0
2017 $3,261 $52,800 $0 $0
2016 $2,661 $52,800 $0 $0
2015 -- $52,800 $0 $0
2014 -- $52,800 $0 $0
2013 -- $52,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 222987

Greater Lansing Association of Realtors®

APN: 400-000-609-010-00