Shelli Kelsey
Kelsey Realty and Associates Inc
(989) 341-8730
94 Total Sales
2 in Midland
$356,500 Price Range
401 E Hines St Midland, MI 48640
Midland AreaEstimated Value: $158,096
4
Beds
2
Baths
1,456
Sq Ft
$109/Sq Ft
Est. Value
About This Home
As of May 2024Cash-flowing 2-unit in the city of Midland! Main floor unit has 3 bedrooms, 1 full bath, and currently rents for $1050/mo (potential for increase to market rent). Tenant on month to month lease. Upstairs unit has 1 bedroom and 1 bath, additional storage space, and rents for $625/mo, month to month as well. Owner pays all utilities except electric on upstairs unit (seperate meter). Great location just blocks from the new Midland Community Center and Dow Diamond. Detached garage, shared basement, newer washer, and coin operated dryer for potential additional income. Newer water heater and carpet on main floor. City certified rental. Great investment opportunity!
Last Agent to Sell the Property
RE/MAX Results License #MBR-650141050 Listed on: 03/21/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 65x120
Parking
- 2 Car Detached Garage
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 2 Units
- Cameron Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 14-16-30-156
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 3, 2024
Sold by
Bought by
Seller's Agent
Derek Batch
RE/MAX Results
Buyer's Agent
Brandon Lewis
Ayre Rhinehart Real Estate Partners
List Price
$119,900
Sold Price
$119,900
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,196
Avg. Annual Appreciation
13.14%
Original Mortgage
$94,900
Outstanding Balance
$92,649
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$65,447
Purchase Details
Listed on
Oct 15, 2021
Closed on
Jan 14, 2022
Sold by
Bought by
Seller's Agent
Shelley Park Cluff
NextHome Park Place Homes Group
Buyer's Agent
Jeff Coates
RE/MAX of Midland
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%
Original Mortgage
$60,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midland, MI
-
Shelli Kelsey
-
Jenifer Rifkin
Jenifer Rifkin
Century 21 Signature Realty
(989) 702-2495
83 Total Sales
1 in Midland
$475,000 Price
-
Bridgette Stallings
Bridgette Stallings
Responds QuicklyCentury 21 Signature Realty
(989) 900-4640
128 Total Sales
8 in Midland
$175K - $700K Price Range
-
Linda Sarmiento
Linda Sarmiento
Berkshire Hathaway HomeServices Michigan Real Estate
(989) 484-9859
435 Total Sales
22 in Midland
$127K - $1.3M Price Range
-
David Zamarron
David Zamarron
CENTRAL REAL ESTATE MT PLEASANT, INC.
(989) 546-4180
116 Total Sales
1 in Midland
$87,000 Price
-
Lynn Borcherding
Lynn Borcherding
Area Wide Real Estate
(810) 777-6724
68 Total Sales
1 in Midland
$155,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $119,900 | None Listed On Document | ||
| $80,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $94,900 | ||
| Closed | $94,900 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $119,900 | 0.0% | $82 / Sq Ft | |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- | |
| 03/21/2024 03/21/24 | For Sale | $119,900 | +49.9% | $82 / Sq Ft | |
| 01/17/2022 01/17/22 | Sold | $80,000 | -11.1% | $55 / Sq Ft | View Prior Sale |
| 12/05/2021 12/05/21 | Pending | -- | -- | -- | |
| 12/01/2021 12/01/21 | Price Changed | $90,000 | -10.0% | $62 / Sq Ft | |
| 11/01/2021 11/01/21 | Price Changed | $100,000 | -9.1% | $69 / Sq Ft | |
| 10/15/2021 10/15/21 | For Sale | $110,000 | -- | $76 / Sq Ft |
Source: Midland Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,862 | $83,100 | $0 | $0 |
| 2024 | $2,677 | $71,300 | $0 | $0 |
| 2023 | $2,549 | $62,900 | $0 | $0 |
| 2022 | $2,387 | $54,800 | $0 | $0 |
| 2021 | $2,289 | $48,100 | $0 | $0 |
| 2020 | $2,265 | $46,800 | $0 | $0 |
| 2019 | $2,209 | $46,600 | $7,500 | $39,100 |
| 2018 | $2,149 | $48,100 | $7,500 | $40,600 |
| 2017 | $0 | $40,100 | $7,500 | $32,600 |
| 2016 | $2,071 | $38,800 | $7,500 | $31,300 |
| 2012 | -- | $37,600 | $7,500 | $30,100 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Batch
Seller's Agent in 2024
Derek Batch
RE/MAX Results
(989) 859-0015
60 Total Sales
-
Brandon Lewis
Buyer's Agent in 2024
Brandon Lewis
Ayre Rhinehart Realtors
(989) 941-7372
108 Total Sales
-
Shelley Park Cluff
Seller's Agent in 2022
Shelley Park Cluff
NextHome Park Place Homes Group
(989) 430-1148
123 Total Sales
-
Jeff Coates
Buyer's Agent in 2022
Jeff Coates
RE/MAX Michigan
(989) 295-6864
128 Total Sales
Map
Source: Midland Board of REALTORS®
MLS Number: 50136439
APN: 14-16-30-156
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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