NOT LISTED FOR SALE

505 E Pine St Midland, MI 48640

Estimated Value: $169,000 - $242,000

6 Beds
3 Baths
2,924 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2021

Last sale price $170,000 $58 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,442 / mo

269 Days on Market

About This Home

As of May 2021

3 - 2 Bedroom Apartments 2 @ $660/month 1 @ $675/month

Last Agent to Sell the Property

Bruce Owens

Century 21 Signature Realty Midland License #MBR-6506044274 Listed on: 07/27/2020

Century 21 Signature Realty Midland

Last Buyer's Agent

Linda Sarmiento

Berkshire Hathaway HomeServices Michigan Real Estate License #MBR-6501278470

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 1968

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • Separate Meters
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 14-16-40-394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$969

Year Built

Built in 1968

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Raised Ranch
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Aluminum
  • Foundation Type: Basement, Slab

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-16-40-394
  • Lot Dimensions: 60x120
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,268.00
  • Winter Tax: Year: 2019, Amount: $967.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Midland Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Jun 21, 2021
Sold by
Bought by
Seller's Agent
Bruce Owens
Century 21 Signature Realty Midland
Buyer's Agent
Linda Sarmiento
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$202,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,018
Avg. Annual Appreciation
3.44%
Original Mortgage
$272,000
Outstanding Balance
$245,725
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$43,707

Purchase Details

Listed on
Jul 27, 2020
Closed on
Jun 18, 2021
Sold by
Bought by
Seller's Agent
Bruce Owens
Century 21 Signature Realty Midland
Buyer's Agent
Linda Sarmiento
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$245,725
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$43,707

Purchase Details

Listed on
Jul 27, 2020
Closed on
May 17, 2021
Sold by
Bought by
Seller's Agent
Bruce Owens
Century 21 Signature Realty Midland
Buyer's Agent
Linda Sarmiento
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$245,725
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$43,707
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Listed On Document
$340,000 None Available
$340,000 Crossroads Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,000
Closed $272,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $170,000 -8.1% $58 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $185,000 +8.8% $63 / Sq Ft
12/31/2020 12/31/20 Off Market $170,000 -- --
07/27/2020 07/27/20 For Sale $185,000 -- $63 / Sq Ft
Source: Midland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,212 $89,500 $0 $0
2024 $2,919 $76,400 $0 $0
2023 $2,780 $68,600 $0 $0
2022 $4,118 $70,400 $0 $0
2021 $3,308 $61,500 $0 $0
2020 $3,274 $59,700 $0 $0
2019 $3,193 $59,500 $7,500 $52,000
2018 $3,107 $72,100 $7,500 $64,600
2017 $0 $55,800 $7,500 $48,300
2016 $2,993 $53,900 $7,500 $46,400
2012 -- $51,900 $7,500 $44,400
Source: Public Records

Agents Affiliated with this Home

  • Bruce Owens

    Seller's Agent in 2021

    Bruce Owens

    Century 21 Signature Realty Midland

    (989) 205-2074

    9 Total Sales

    Bruce Owens
    Section Image
  • Linda Sarmiento

    Buyer's Agent in 2021

    Linda Sarmiento

    Berkshire Hathaway HomeServices Michigan Real Estate

    (989) 529-8001

    436 Total Sales

    Linda Sarmiento
    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50018710

Midland Board of REALTORS®

APN: 14-16-40-394

Michigan Midland County Midland 48640

505 E Pine St, Midland, MI

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.

Midland Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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