NOT LISTED FOR SALE

508 Gaskill Rd Hastings, MI 49058

Estimated Value: $481,867 - $576,000

-- Bed
4 Baths
3,504 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $340,000 $97 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,420/month

14 Days on Market

About This Home

As of June 2019

BEAUTIFUL 2 story multi-unit home with panoramic views of Middle Lake! Lower walkout unit has 1056sqft with fireplace and four season porch. Main floor unit has three bedrooms 1,752sqft with wrap around porch. Second floor unit has three bedrooms with large porch to sit and enjoy the sunsets. Upper fourth unit has one bedroom with large living room, open floor plan. This property has natural gas, city sewer, 15 parking spots, two stall garage, each unit has it's own laundry and central air. UNIQUE OPPORTUNITY!!!!!

Last Agent to Sell the Property

Michele Prill

Keller Williams GR North (Main) License #6501264835 Listed on: 04/30/2019

Keller Williams GR North (Main)

Last Buyer's Agent

Lori Kendall

Payless Real Estate Services License #6502361327

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Waterfront

Parking

  • 15 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Well

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,992

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 389000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Water Body Name: Middle Lake
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 15.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Wall Furnace, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Sewer
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15290.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4992.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 7, 2019
Sold by
Beach Joseph C
Bought by
N & J Flips Llc
Seller's Agent
Michele Prill
Keller Williams GR North (Main)
Buyer's Agent
Lori Kendall
Payless Real Estate Services
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$527,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,717
Avg. Annual Appreciation
7.22%
Original Mortgage
$345,000
Outstanding Balance
$302,103
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$225,614

Purchase Details

Closed on
Sep 6, 2013
Sold by
Schantz Darla D
Bought by
Beach Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jun 20, 2012
Sold by
Commercial Bank
Bought by
Beach Joseph C and Schantz Darla D
Seller's Agent
Larry Allerding
Miller Real Estate (Hastings)I
Buyer's Agent
Michele Prill
Keller Williams GR North (Main)
List Price
$149,900
Sold Price
$149,000
Premium/Discount to List
-$900
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$104,930
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Borton Ross A and Borton Donna M
Bought by
Commercial Bank

Purchase Details

Closed on
Oct 23, 2008
Sold by
Borton Ross Albert and Borton Donna M
Bought by
Borton Ross Albert and Ross Albert Borton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.94%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
N & J Flips Llc $340,000 Lighthouse Ttl Agcy Thornapp
Beach Joseph C -- Lighthouse Title Inc
Beach Joseph C $149,000 None Available
Commercial Bank $135,266 None Available
Borton Ross Albert -- Advantgage Title & Escrow Ag
Borton Ross Albert -- Advantage Title & Escrow Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open N & J Flips Llc $345,000
Previous Owner Beach Joseph C $126,000
Previous Owner Beach Joseph C $104,930
Previous Owner Borton Ross Albert $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2019 06/27/19 Sold $340,000 -12.6% $97 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $389,000 +161.1% $111 / Sq Ft
06/21/2012 06/21/12 Sold $149,000 -0.6% $43 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $149,900 -- $43 / 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 $7,460 $245,300 $0 $0
2024 $7,460 $219,400 $0 $0
2023 $5,115 $143,900 $0 $0
2022 $5,115 $143,900 $0 $0
2021 $5,115 $147,000 $0 $0
2020 $5,115 $133,300 $0 $0
2019 $5,115 $123,500 $0 $0
2018 $0 $127,100 $0 $0
2017 $0 $126,000 $0 $0
2016 -- $108,100 $0 $0
2015 -- $107,400 $0 $0
2014 -- $107,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19010167

Southwestern Michigan Association of REALTORS®

APN: 04-033-297-00