NOT LISTED FOR SALE

419 Looking Glass Ave Portland, MI 48875

Estimated Value: $258,900 - $358,000

4 Beds
3 Baths
2,384 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $120,225 $50 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,102/month

1 Day on Market

About This Home

As of July 2019

This home is located at 419 Looking Glass Ave, Portland, MI 48875 since 17 June 2019 and is currently estimated at $305,475, approximately $128 per square foot. This property was built in 1870. 419 Looking Glass Ave is a home located in Ionia County with nearby schools including Oakwood Elementary School, Westwood Elementary School, and Portland Middle School.

Last Agent to Sell the Property

Terry Frewen

Coldwell Banker Frewen Realty, LLC License #6502127540 Listed on: 06/17/2019

Last Buyer's Agent

Deborah Cooper

Coldwell Banker Frewen Realty, LLC License #6502352128

Coldwell Banker Frewen Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 130x299

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,384 Sq Ft Home
  • Multi-Level Property
  • Michigan Basement

Parking

  • 8 Parking Spaces
  • Carport
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $14,400

Community Details

Overview

  • 3 Units
  • Linebaugh Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $600
  • Other Expense $750
  • Operating Expense $5,475
  • Net Operating Income $9,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Gross Rent: 14400.0
  • Miscellaneous: 750.0
  • Net Income: 9070.0
  • Total Expense: 5475.0
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2018
  • Misc Business Info Overall Building Siz: 2384
  • Year Built: 1870
  • Lot Size Acres: 0.89
  • Lot Size: 130x299
  • Subdivision Name: Linebaugh
  • Above Grade Finished Sq Ft: 2384.0
  • Architectural Style: Multi-Story
  • General Property Info:Lot Size Dimensions: 130x299
  • General Property Info:Above Grade Finished Area: 2384.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Tax Info:Taxes2: 3103.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 419 421 423 Looking glass
  • General Property Info:_pound_ of Units: 3
  • Architectural Style:Multi-Story: Yes
  • Annual Inc Expense:Insurance4: 1000.0
  • Annual Inc Expense:Maintenance3: 600.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features: Carport, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Carport: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Portland

Lot Info

  • Lot Size Sq Ft: 38855.52
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1000.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 9070.0

Tax Info

  • Tax Carrier Route: 1240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 22, 2019
Sold by
Bower D L & L M L Tr
Bought by
Schneider Nicholas and Schneider Michelle
Seller's Agent
Terry Frewen
Coldwell Banker Frewen Realty, LLC
Buyer's Agent
Deborah Cooper
Coldwell Banker Frewen Realty, LLC
List Price
$115,000
Sold Price
$120,225
Premium/Discount to List
$5,225
4.54%
Current Estimated Value
$305,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,250
Avg. Annual Appreciation
14.73%
Original Mortgage
$90,169
Outstanding Balance
$79,334
Interest Rate
3.82%
Mortgage Type
Construction
Estimated Equity
$198,327

Purchase Details

Closed on
Mar 20, 2018
Sold by
Bower Dale L and Bower Linda M
Bought by
Dale L&L M Bower Ret and Bower Tr Dale L

Purchase Details

Closed on
Jul 29, 1980
Bought by
Bower Dale L
Source: Public Records

Range of Values:

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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
Schneider Nicholas $120,225 Other
Dale L&L M Bower Ret -- --
Bower Dale L $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Nicholas $90,169
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $120,225 +4.5% $50 / Sq Ft
06/17/2019 06/17/19 For Sale $115,000 -- $48 / Sq Ft
Source: Greater Lansing 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 $5,246 $106,800 $15,800 $91,000
2024 $4,334 $106,800 $15,800 $91,000
2023 $4,139 $86,000 $14,400 $71,600
2022 $4,816 $86,000 $14,400 $71,600
2021 $4,681 $70,800 $12,900 $57,900
2020 $3,772 $70,800 $12,900 $57,900
2019 $3,182 $73,000 $12,900 $60,100
2018 $3,103 $58,500 $12,900 $45,600
2017 $2,444 $58,500 $12,900 $45,600
2016 $2,423 $52,300 $10,600 $41,700
2015 $2,189 $52,300 $10,600 $41,700
2014 $2,189 $51,100 $11,600 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 237688

Greater Lansing Association of Realtors®

APN: 300-250-000-120-00