NOT LISTED FOR SALE

504 Union St Hart, MI 49420

Estimated Value: $186,000 - $350,000

-- Bed
-- Bath
-- Sq Ft
0.98 Acres

Last Sold March 18, 2019

Last sale price $108,000

Est. 113% increase in value since last sale

Current estimated payment $1,680/month

11 Days on Market

About This Home

As of March 2019

4-Unit in the City of Hart with solid rental history - Situated on nearly an acre lot, this 4 unit provides ample off street parking and recreational potential for tenants. Two 3 bedroom units and two 1 bedroom units are separately metered for gas and electric and attract long term tenants. Shared laundry facility is operated by an outside vendor. Two units have been recently freshened with laminate flooring and paint; One 1 bed unit in need of some painting; One 3 bed unit in need of renovation. Ask agent for details on unit location, condition and rents.

Last Agent to Sell the Property

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 02/25/2019

Five Star Real Estate - Ludington

Last Buyer's Agent

Tim Horton

Wickstra Realty, Inc. License #6501258127

Property Details

Home Type

  • Apartment

Lot Details

  • 0.98 Acre Lot

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Insurance Expense $2,200

Listing and Financial Details

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

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 121500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Wall Furnace
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.98
  • Lot Size Area: 0.98
  • Lot Size Sq Ft: 42504.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 2200.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2924.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 28, 2019
Sold by
Salazar Salgado Rey Omar and Salians Doria Amanda
Bought by
Racla Rentals Llc
Seller's Agent
Renee Malburg
Five Star Real Estate - Ludington
Buyer's Agent
Tim Horton
Wickstra Realty, Inc.
List Price
$121,500
Sold Price
$108,000
Premium/Discount to List
-$13,500
-11.11%
Current Estimated Value
$230,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,412
Avg. Annual Appreciation
12.49%

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 18, 2019
Sold by
Huizenga Chad and Huizenga Christina M
Bought by
Salazar Salgado Rey and Salinas Doria Amanda
Seller's Agent
Renee Malburg
Five Star Real Estate - Ludington
Buyer's Agent
Tim Horton
Wickstra Realty, Inc.
List Price
$121,500
Sold Price
$108,000
Premium/Discount to List
-$13,500
-11.11%

Purchase Details

Closed on
Feb 20, 2012
Sold by
Union Rental Llc
Bought by
Huizenga Chad and Huizenga Christina M

Purchase Details

Closed on
Jan 17, 2008
Sold by
Huizenga Chad
Bought by
Union Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Huizenga Chad
Bought by
Union Rental 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
Racla Rentals Llc -- None Available
Salazar Salgado Rey $108,000 Western Land Title Agcy Llc
Huizenga Chad -- None Available
Union Rental Llc -- Dba Huntington Title Service
Huizenga Chad -- Dba Huntington Title Service
Union Rental Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racla Rentals Llc $50,000
Previous Owner Huizenga Chad $44,900
Previous Owner Huizenga Chad $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $108,000 -11.1% --
03/08/2019 03/08/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $121,500 -- --
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 $5,083 $117,300 $117,300 $0
2024 $2,293 $98,500 $98,500 $0
2023 $4,597 $88,900 $88,900 $0
2022 $4,597 $77,600 $0 $0
2021 $4,268 $75,900 $75,900 $0
2020 $4,213 $70,400 $70,400 $0
2019 $3,040 $70,900 $0 $0
2018 $2,924 $65,500 $0 $0
2017 $2,924 $56,500 $0 $0
2016 -- $48,000 $0 $0
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19006573

Southwestern Michigan Association of REALTORS®

APN: 020-740-007-30