NOT LISTED FOR SALE

406 E Washington St Belding, MI 48809

Estimated Value: $207,000 - $317,000

6 Beds
3 Baths
3,252 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $230,000 $71 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,965/month

Highlights

  • 1 Fireplace
  • 4 Car Garage
  • Wood Siding
  • Corner Lot: Yes
  • Heating System Uses Steam

About This Home

As of May 2023

Sold Before Broadcast. Wonderfully updated 3 unit multi-family home in the heart of downtown Belding. Would make an excellent owner occupied or investment property. The main level unit offers 3 bedrooms, 1 full bath, updated flooring, 9ft ceilings & incredible historic charm. It is rate to find a full basement, 2 stall attached garage & spacious yard are bonus perks as well. Upstairs you will have 2 additional units to use as additional income as well!

Last Agent to Sell the Property

Justin Blevins

RE/MAX of Grand Rapids (FH) License #6506049298 Listed on: 05/06/2023

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Amanda Gerhardt

Greenridge Realty (Summit) License #6501420818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75' x 132'
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Driveway

Location

  • Mineral Rights Excluded

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75' x 132'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4738.06
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Heat Type:Radiant: Yes
  • Mineral Rights:No: Yes
  • Heat Type:Steam: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 230000.0
  • Lot Features: Level, Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Radiant, Steam
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 75' x 132'
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4738.06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
May 5, 2023
Sold by
Harrison Hannah and Harrison Stephen
Bought by
Wilcox Allison
Seller's Agent
Justin Blevins
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Amanda Gerhardt
Greenridge Realty (Summit)
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$274,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,017
Avg. Annual Appreciation
6.78%
Original Mortgage
$172,500
Outstanding Balance
$167,738
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$106,279

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 20, 2020
Sold by
Young David M and Young Jody K
Bought by
Harrison Hannah
Seller's Agent
Spencer Geisen
Five Star Real Estate (Beld) - I
Buyer's Agent
Justin Blevins
Greenridge Realty (EGR)
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$161,500
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Wilcox Allison $230,000 --
Harrison Hannah $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Allison $172,500
Previous Owner Harrison Hannah $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2023 05/06/23 For Sale $230,000 0.0% $71 / Sq Ft
05/05/2023 05/05/23 Sold $230,000 +35.3% $71 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
11/19/2020 11/19/20 Sold $170,000 -12.8% $52 / Sq Ft View Prior Sale
10/17/2020 10/17/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $195,000 -- $60 / Sq Ft
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 $6,394 $127,200 $0 $0
2024 $6,048 $127,200 $0 $0
2023 $4,707 $98,400 $12,100 $86,300
2022 $4,483 $98,400 $12,100 $86,300
2021 $4,606 $82,500 $7,800 $74,700
2020 $2,808 $82,500 $7,800 $74,700
2019 $2,624 $76,000 $7,500 $68,500
2018 $2,865 $57,800 $8,500 $49,300
2017 $2,647 $57,800 $8,500 $49,300
2016 $2,624 $55,200 $5,300 $49,900
2015 -- $55,200 $5,300 $49,900
2014 $2,656 $49,700 $5,100 $44,600
Source: Public Records

Agents Affiliated with this Home

  • Justin Blevins

    Seller's Agent in 2023

    Justin Blevins

    RE/MAX Michigan

    (616) 283-7811

    1 in this area

    108 Total Sales

    Justin Blevins
    Section Image

  • A

    Buyer's Agent in 2023

    Amanda Gerhardt

    Greenridge Realty (Summit)

    (616) 240-3174

    1 in this area

    76 Total Sales

    Amanda Gerhardt
    Section Image

  • S

    Seller's Agent in 2020

    Spencer Geisen

    Five Star Real Estate (Beld) - I

See All Agents

Map

Source: MichRIC

MLS Number: 23014426

MichRIC

APN: 403-050-000-250-00

Michigan Ionia County Belding 48809

406 E Washington St, Belding, MI

Not Listed for Sale

MultiFamily

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.

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

Nearby Homes