NOT LISTED FOR SALE

412 N Main St Unit 1 Reading, MI 49274

Estimated Value: $142,000 - $196,000

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

Last Sold July 22, 2021

Last sale price $279,900

Est. 39% decrease in value since last sale

Current estimated payment $1,039/month

14 Days on Market

Highlights

  • Wooded Lot
  • Wood Siding
  • 3-minute walk to Waterworks Park
  • Forced Air Heating and Cooling System

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 Agent to Sell the Property

Barb Groves

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

Coldwell Banker Denny Groves

Last Buyer's Agent

Angie Marsh

Southern Marsh Realty License #6501372897

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1900

Lot Details

  • 7.84 Acre Lot
  • Wooded Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Basement

  • Michigan Basement

Utilities

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

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
Current Estimated Value
$171,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,233
Avg. Annual Appreciation
-10.56%
Original Mortgage
$223,200
Outstanding Balance
$202,736
Interest Rate
2.97%
Mortgage Type
New Conventional
Estimated Equity
-$31,069
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Open Holley Kevin $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: 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 $1,632 $63,700 $0 $0
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

    87 Total Sales

    Barb Groves
    Section Image
  • Angie Marsh

    Buyer's Agent in 2021

    Angie Marsh

    Southern Marsh Realty

    (517) 617-1180

    497 Total Sales

    Angie Marsh
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 21019579

MichRIC

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

Michigan Hillsdale County Reading 49274

412 N Main St Unit 1, Reading, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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