$200,000
SOLD MAR 7, 2025

422 E Lincoln Ave Ionia, MI 48846

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

Highlights

  • 1 Fireplace
  • Wood Siding
  • 3-minute walk to Perry Park
  • Forced Air Heating System

About This Home

As of March 2025

Great investment opportunity.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 03/10/2025

KW Rivertown Hoppough

Last Buyer's Agent

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 03/10/2025

KW Rivertown Hoppough

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 72 x 206

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $3,000
  • Utility Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,377

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 72 x 206
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4376.56
  • Tax Info:Zoning3: RM-1
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 200000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 72 x 206
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: RM-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Maintenance Expense: 3000.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4376.56
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Mar 7, 2025
Sold by
Amped Properties Llc
Bought by
Nurenberg Props Pewamo Llc
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Cathy Hoppough
KW Rivertown Hoppough
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$207,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,637
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Morgan Christopher
Bought by
S V M Enterprises Llc

Purchase Details

Closed on
Jun 13, 2002
Bought by
Svm Enterprises Llc
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 Type Sale Price Title Company
Warranty Deed $200,000 Sun Title Agency/Mi Llc
Quit Claim Deed -- --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,000 Unknown
Previous Owner $23,600 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $200,000 0.0% --
03/07/2025 03/07/25 Sold $200,000 -- --
01/28/2025 01/28/25 Pending -- -- --
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 $4,377 $84,800 $15,700 $69,100
2024 $4,166 $84,800 $15,700 $69,100
2023 $3,973 $59,000 $11,600 $47,400
2022 $1,847 $56,900 $10,200 $46,700
2021 $1,885 $48,100 $10,200 $37,900
2020 $1,781 $48,100 $10,200 $37,900
2019 $1,592 $45,800 $8,500 $37,300
2018 $1,813 $39,900 $7,500 $32,400
2017 $1,574 $39,900 $7,500 $32,400
2016 $1,592 $30,300 $5,000 $25,300
2015 -- $30,300 $5,000 $25,300
2014 $2,642 $43,000 $6,200 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25008726

Southwestern Michigan Association of REALTORS®

APN: 204-200-000-050-00