NOT LISTED FOR SALE

409 Hambrook St Belding, MI 48809

Estimated Value: $195,000 - $232,000

5 Beds
5 Baths
1,768 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $25,000 $14 Per Sq Ft

Est. 779% increase in value since last sale

Current estimated payment $1,455/month

53 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of November 2016

3 unit apartment building. 2 units currently vacant, 1 rented. Check out this investment opportunity.

Last Agent to Sell the Property

Elizabeth Woodard

KW Rivertown Hoppough License #6501225544 Listed on: 09/02/2016

KW Rivertown Hoppough

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 3 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

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: 132 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1824.95
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 39900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1824.95
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2004
Sold by
Jewell Bernard and Jewell Karen
Bought by
Jewell Rick W
Current Estimated Value
$219,727

Purchase Details

Closed on
Dec 13, 1995
Bought by
Baker Conner
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
Jewell Rick W $36,000 --
Baker Conner $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jewell Rick W $64,000
Closed Jewell Rick W $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $25,000 -54.5% $14 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $54,900 -- $31 / Sq Ft
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 $3,116 $86,400 $18,100 $68,300
2024 $2,977 $86,400 $18,100 $68,300
2023 $2,850 $66,200 $16,300 $49,900
2022 $2,714 $66,200 $16,300 $49,900
2021 $2,759 $54,300 $12,800 $41,500
2020 $2,619 $54,300 $12,800 $41,500
2019 $1,735 $50,700 $11,700 $39,000
2018 $2,672 $41,400 $9,800 $31,600
2017 $2,469 $41,400 $9,800 $31,600
2016 $1,735 $36,300 $4,400 $31,900
2015 -- $36,300 $4,400 $31,900
2014 $1,546 $32,900 $4,400 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16045786

Southwestern Michigan Association of REALTORS®

APN: 401-090-000-135-00