NOT LISTED FOR SALE

404 Russell St Middleville, MI 49333

Estimated Value: $219,000 - $289,000

-- Bed
1 Bath
-- Sq Ft
0.73 Acres

Last Sold June 19, 2020

Last sale price $173,889

Est. 41% increase in value since last sale

Current estimated payment $1,722/month

11 Days on Market

Highlights

  • 0.73 Acre Lot
  • Cooling Available
  • 5-minute walk to Stagecoach Park
  • Lee Elementary School Rated A-
  • Baseboard Heating

About This Home

As of June 2020

Here is your opportunity to invest in a side by side duplex in Middleville with an impeccable rental history. It has care free vinyl siding and electric baseboard heat which is cost effective and very easy to maintain. With a smart 2 bed 1 bath floor plan and ample storage in the out building in the back, this duplex is sure to check all the boxes of both investors and owner occupants alike. Make it yours!

Last Agent to Sell the Property

Brad Baker

Greenridge Realty (EGR) License #6501299154 Listed on: 05/08/2020

Co-Listed By

Evan DeVisser

Greenridge Realty (EGR) License #6501421986

Last Buyer's Agent

Gary Rivera

Five Star Real Estate (Grandv) License #6501383699

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1988

Lot Details

  • 0.73

Parking

  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Crawl Space
  • 0.73 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,241

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 174900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 31842.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4240.95
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Eyk Trevor and Womboldt Haley
Bought by
Zabelle Investments Llc
Current Estimated Value
$244,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$147,730
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$98,301

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 16, 2018
Sold by
Closer Properties Llc
Bought by
H3 Properties Llc
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Jenna Corson
Bellabay Realty (Middleville)
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$106,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 11, 2018
Sold by
Rockel Ii James A
Bought by
Closer Properties Llc
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Jenna Corson
Bellabay Realty (Middleville)
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1998
Bought by
Rockel Ii James A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zabelle Investments Llc $230,000 Irongate Title
H3 Properties Llc $142,000 Lighthouse Title Agency
Closer Properties Llc $142,000 Lighthouse Title Agency
Rockel Ii James A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zabelle Investments Llc $172,500
Previous Owner Eyk Trevor $169,540
Previous Owner Byk Trevor $170,738
Previous Owner H3 Properties Llc $106,500
Previous Owner Baby Steps Consulting Llc $29,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $173,889 -0.6% --
05/19/2020 05/19/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $174,900 +23.2% --
07/11/2018 07/11/18 Sold $142,000 -5.3% --
06/08/2018 06/08/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $149,900 -- --
Source: Southwestern Michigan 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 $4,678 $101,100 $0 $0
2024 $4,678 $110,900 $0 $0
2023 $2,776 $90,100 $0 $0
2022 $1,184 $90,100 $0 $0
2021 $2,776 $82,700 $0 $0
2020 $4,195 $82,300 $0 $0
2019 $4,195 $80,200 $0 $0
2018 $3,511 $92,500 $15,700 $76,800
2017 $3,511 $92,500 $0 $0
2016 -- $90,800 $0 $0
2015 -- $81,000 $0 $0
2014 -- $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20015105

Southwestern Michigan Association of REALTORS®

APN: 41-063-001-00