NOT LISTED FOR SALE

412 N Main St Unit 1 Reading, MI 49274

Estimated Value: $125,000 - $180,000

-- Bed
-- Bath
-- Sq Ft
7.84 Acres

Last Sold July 22, 2021

Last sale price $279,900

Est. 42% decrease in value since last sale

Current estimated payment $983/month

14 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 3-minute walk to Waterworks Park
  • High Speed Internet

About This Home

As of July 2021

INVESTMENT PROPERTY WITH 3 UNITS.
A home with 3 Bd - 1 Bath - 4.94 acres with a large 3 car garage.
A mobile - 3 Bd - 1 Bath - .26 acre
A mobile - 2 Bd - 1 Bath - 2.64 acres with a barn.

Last Listed By

Barb Groves

Coldwell Banker Denny Groves Listed on: 05/28/2021

Coldwell Banker Denny Groves

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1900

Lot Details

  • 7.84

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 7.84 Acre Lot

Community Details

  • 5 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,175

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 279900.0
  • Lot Features: Wooded
  • Number of Buildings: 5
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 7.84
  • Lot Size Area: 7.84
  • Lot Size Sq Ft: 341510.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 22, 2021
Sold by
Brendel Ted M and Brendel Brenda J
Bought by
Holley Kevin
Seller's Agent
Barb Groves
Coldwell Banker Denny Groves
Buyer's Agent
Angie Marsh
Southern Marsh Realty
List Price
$279,900
Sold Price
$279,900
Total Days on Market
14
Current Estimated Value
$161,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,567
Avg. Annual Appreciation
-13.56%
Original Mortgage
$223,200
Outstanding Balance
$206,182
Interest Rate
2.97%
Mortgage Type
New Conventional
Estimated Equity
-$44,849

Range of Values:

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Average Value
Not Available
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
Holley Kevin $279,900 Public Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holley Kevin --
Closed Holley Kevin --
Open Holley Kevin $223,200
Previous Owner Brendel Ted M $60,000
Previous Owner Brendel Ted M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $279,900 0.0% --
06/11/2021 06/11/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $279,900 -- --
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
2024 $1,019 $61,800 $0 $0
2023 $975 $47,500 $0 $0
2022 $1,488 $39,500 $0 $0
2021 $1,475 $37,900 $0 $0
2020 $1,042 $34,400 $0 $0
2019 $10 $32,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Barb Groves

    Coldwell Banker Denny Groves

    (517) 320-7325

    100 Total Sales

    Barb Groves
    Section Image
  • Angie Marsh

    Buyer's Agent in 2021

    Angie Marsh

    Southern Marsh Realty

    (517) 617-1180

    553 Total Sales

    Angie Marsh
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21019579

Southwestern Michigan Association of REALTORS®

APN: 20-110-001-056-22-7-4

Michigan Hillsdale County Reading 49274

412 N Main St Unit 1, Reading, MI

Homes for Sale in Reading, MI

This home is located at 412 N Main St Unit 1, Reading, MI 49274 since 28 May 2021 and is currently estimated at $161,333. This property was built in 1900. 412 N Main St Unit 1 is a home located in Hillsdale County with nearby schools including Reynolds Elementary School, Reading High School, and Cooper Amish School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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