NOT LISTED FOR SALE

503 S Bridge St Belding, MI 48809

Estimated Value: $202,000 - $227,000

5 Beds
4 Baths
2,288 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $115,000 $50 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,540/month

1 Day on Market

About This Home

As of June 2020

4 Unit apartment building in Belding. All units are 1 bedroom. 2 units have new furnaces. All interior and exterior walls, ceilings and floors are insulated. All heat and electricity are metered separately. Roof is in great shape. Laundry hook up in basement.
NO LAND CONTRACTS

Last Agent to Sell the Property

Timothy Hullinger

616 Realty LLC License #6501388729 Listed on: 06/04/2020

616 Realty LLC

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1929

Lot Details

  • 4,966 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,504

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 125000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4966.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2504.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 26, 2020
Sold by
Hullinger Properties Llc
Bought by
503 S Bridge St Llc
Seller's Agent
Timothy Hullinger
616 Realty LLC
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$217,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,522
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Bowers John P and Bowers Ann M
Bought by
Bowers Llc
Source: Public Records

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
503 S Bridge St Llc $115,000 --
Bowers Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $115,000 -8.0% $50 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $125,000 +92.3% $55 / Sq Ft
08/20/2013 08/20/13 Sold $65,000 -7.0% $28 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $69,900 -- $31 / Sq Ft
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 $4,264 $89,300 $9,300 $80,000
2024 $4,074 $89,300 $9,300 $80,000
2023 $3,900 $65,300 $8,500 $56,800
2022 $3,715 $65,300 $8,500 $56,800
2021 $3,776 $55,500 $5,500 $50,000
2020 $2,361 $55,500 $5,500 $50,000
2019 $2,206 $51,000 $5,300 $45,700
2018 $2,409 $42,400 $6,000 $36,400
2017 $2,226 $42,400 $6,000 $36,400
2016 $2,206 $40,400 $3,700 $36,700
2015 -- $40,400 $3,700 $36,700
2014 $1,314 $36,300 $3,600 $32,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Timothy Hullinger

    616 Realty LLC

    (616) 889-4458

    57 Total Sales

    Timothy Hullinger
    Section Image
  • Darin Elliott

    Buyer's Agent in 2020

    Darin Elliott

    Greenridge Realty (Ionia)

    (616) 523-3006

    37 in this area

    620 Total Sales

    Darin Elliott
    Section Image

  • M

    Seller's Agent in 2013

    Mark Petersen

    RE/MAX Brokers Plus - I

  • T

    Buyer's Agent in 2013

    Trudy Petersen

    RE/MAX United (Greenville) - I

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20019978

Southwestern Michigan Association of REALTORS®

APN: 403-060-000-180-00

Michigan Ionia County Belding 48809

503 S Bridge St, Belding, MI

This home is located at 503 S Bridge St, Belding, MI 48809 since 04 June 2020 and is currently estimated at $217,522, approximately $95 per square foot. This property was built in 1929. 503 S Bridge St is a home located in Ionia County with nearby schools including Ellis Elementary School, Woodview Elementary School, and Belding Middle 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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