NOT LISTED FOR SALE

415 Ionia St Belding, MI 48809

Estimated Value: $169,000 - $199,918

4 Beds
3 Baths
1,202 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 12, 2019

Last sale price $70,000 $58 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,281/month

58 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • Gravity Heating System

About This Home

As of March 2019

2-family rental unit near Middle School. One unit has 2 bedrooms, full bath, living room, kitchen, and laundry. The other is 2 bedroom with full bath, living room, an kitchen. Both units have main floor entries. House has been very well maintained. Separate natural gas but electric is combined. Both units currently rented.

Last Agent to Sell the Property

Katrina Southwick

Greenridge Realty (Lowell) License #6501334752 Listed on: 09/24/2018

Last Buyer's Agent

Katrina Osborn

Westdale Co. (Rockford) - I

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,583

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement
  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Gravity Heating System
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Lot Dimensions are 80 x 147 x 66 x 102

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

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: 80 x 147 x 66 x 102
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1944.66
  • Tax Info:Zoning3: Res-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Gravity: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Gravity
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Dimensions: 80 x 147 x 66 x 102
  • Zoning Description: Res-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1944.66
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Mar 12, 2019
Sold by
Heethuis Holdings Llc
Bought by
Schmeitzer Properties Llc
Seller's Agent
Katrina Southwick
Greenridge Realty (Lowell)
Buyer's Agent
Katrina Southwick
Greenridge Realty (Lowell)
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Current Estimated Value
$185,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,362
Avg. Annual Appreciation
15.46%

Purchase Details

Listed on
Jul 23, 2016
Closed on
Sep 2, 2016
Sold by
Wolcott Chelsey and Wolcott Nathan Thomas
Bought by
Heethuis Holdings Llc
Seller's Agent
Wesley Cummings
RE/MAX United (Main)
Buyer's Agent
Katrina Southwick
Greenridge Realty (Lowell)
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmeitzer Properties Llc $70,000 Acker Title Agency Llc
Heethuis Holdings Llc $45,000 None Available
Thomas Joellen $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2019 03/12/19 Sold $70,000 -29.3% $58 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $99,000 +120.0% $82 / Sq Ft
09/02/2016 09/02/16 Sold $45,000 -10.0% $37 / Sq Ft View Prior Sale
08/13/2016 08/13/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $50,000 -- $42 / Sq Ft
Source: MichRIC

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 $3,568 $81,400 $12,900 $68,500
2024 $34 $81,400 $12,900 $68,500
2023 $3,263 $60,500 $11,900 $48,600
2022 $3,108 $60,500 $11,900 $48,600
2021 $3,159 $50,500 $7,700 $42,800
2020 $2,998 $50,500 $7,700 $42,800
2019 $936 $46,500 $7,300 $39,200
2018 $1,987 $30,500 $8,400 $22,100
2017 $1,819 $30,500 $8,400 $22,100
2016 $936 $25,400 $5,200 $20,200
2015 -- $25,400 $5,200 $20,200
2014 $907 $24,000 $5,000 $19,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18047337

MichRIC

APN: 403-060-000-085-00