NOT LISTED FOR SALE

508 S Bridge St Belding, MI 48809

Estimated Value: $183,832 - $199,000

3 Beds
2 Baths
1,238 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $31,920 $26 Per Sq Ft

Est. 508% increase in value since last sale

Current estimated payment $1,196/month

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2017

Two-unit Investment Or Income Property in the City of Belding. Two story duplex with Great Rental History Unit One Is The Lower Level, with 2 Bedrooms, 1 Full Bath, Main Floor Laundry, Kitchen, Dining Area And Living Room With Michigan Basement For Additional Storage. The property is occupied and no one is to approach. ''The property was built prior to 1978 and lead-based paint may exist'' Online Auction details: The online auction will begin on 8/28/17 and end on 8/30/17. For more details go to www.auction.com

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 10/03/2017

KW Rivertown Hoppough

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 61 x 99
  • Level Lot
  • Wooded Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 61 x 99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1474.86
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 55120.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1474.86
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Oct 19, 2017
Sold by
Federal Natl Mtg Assn
Bought by
Elliot Darin
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Nonmember Agent
Non Member
List Price
$52,000
Sold Price
$31,920
Premium/Discount to List
-$20,080
-38.62%
Current Estimated Value
$193,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,038
Avg. Annual Appreciation
25.62%

Purchase Details

Closed on
Sep 11, 1998
Bought by
Flynn Ted and Flynn Carrie
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
Elliot Darin $31,920 --
Flynn Ted $52,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $31,920 -38.6% $26 / Sq Ft
10/03/2017 10/03/17 For Sale $52,000 -- $42 / Sq Ft
10/02/2017 10/02/17 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 $2,012 $57,100 $10,300 $46,800
2024 $1,923 $57,100 $10,300 $46,800
2023 $1,841 $42,600 $9,500 $33,100
2022 $1,905 $42,600 $9,500 $33,100
2021 $1,782 $35,400 $6,100 $29,300
2020 $1,691 $35,400 $6,100 $29,300
2019 $1,448 $32,600 $5,900 $26,700
2018 $1,722 $25,600 $6,700 $18,900
2017 $1,127 $25,600 $6,700 $18,900
2016 $1,448 $23,200 $4,100 $19,100
2015 -- $23,200 $4,100 $19,100
2014 $1,179 $21,000 $4,000 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hoppough

    Seller's Agent in 2017

    Cathy Hoppough

    KW Rivertown Hoppough

    (616) 915-2890

    7 in this area

    473 Total Sales

    Cathy Hoppough
    Section Image

  • N

    Buyer's Agent in 2017

    Nonmember Agent

    Non Member

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17039539

Southwestern Michigan Association of REALTORS®

APN: 403-060-000-206-00

Michigan Ionia County Belding 48809

508 S Bridge St, Belding, MI

This home is located at 508 S Bridge St, Belding, MI 48809 since 03 October 2017 and is currently estimated at $193,958, approximately $156 per square foot. This property was built in 1900. 508 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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