NOT LISTED FOR SALE

510 Hubbard St Allegan, MI 49010

Estimated Value: $161,000 - $198,000

-- Bed
2 Baths
1,788 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $145,000 $81 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,401/month

13 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of October 2023

Discover the perfect investment opportunity and urban living combined in this charming downtown duplex located in the heart of Allegan, Michigan. Situated within walking distance of downtown, this well-maintained property offers not one, but two separate living units, making it an ideal choice for both homeowners and investors seeking rental income potential.

Last Agent to Sell the Property

Reed Mankin

Greenridge Realty South Haven License #6501441056 Listed on: 09/21/2023

Last Buyer's Agent

Haley DeVisser

City2Shore Real Estate Holland License #65014498874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1900

Lot Details

  • 9,540 Sq Ft Lot
  • Lot Dimensions are 66x144.21

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,618

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: 66x144.21
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2618.06
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 160000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 66x144.21
  • Lot Size Sq Ft: 9540.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2618.06
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 28, 2020
Sold by
Chapman Eric and Chapman Jodi
Bought by
Kames Mason and Jordan Alydia
Seller's Agent
Brian McDonald
RE/MAX Executive
Buyer's Agent
David Hollis
Greenridge Realty (EGR)
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%
Current Estimated Value
$176,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,258
Avg. Annual Appreciation
8.67%
Original Mortgage
$113,898
Outstanding Balance
$101,446
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$74,812

Purchase Details

Closed on
Mar 20, 1998
Sold by
Adams Larry D-Antkoviak Peter
Bought by
Chapman Eric and Chapman Jodi

Purchase Details

Closed on
Mar 17, 1998
Bought by
Cannon James and Cannon Geraldine E

Purchase Details

Closed on
Mar 12, 1998
Sold by
Cannon James and Cannon Geraldine E
Bought by
Adams Larry D-Antkoviak Peter

Purchase Details

Closed on
Mar 1, 1998
Bought by
Cannon James and Cannon Geraldine
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
Kames Mason $116,000 Chicago Title Of Mi Inc
Chapman Eric $66,900 --
Cannon James $44,000 --
Adams Larry D-Antkoviak Peter -- --
Cannon James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kames Mason $113,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $145,000 -9.4% $81 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $160,000 +37.9% $89 / Sq Ft
07/28/2020 07/28/20 Sold $116,000 -7.2% $65 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $125,000 -- $70 / 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 $5,284 $86,500 $17,200 $69,300
2024 $2,618 $83,800 $16,600 $67,200
2023 $2,713 $71,800 $15,500 $56,300
2022 $2,618 $60,700 $13,100 $47,600
2021 $2,503 $56,300 $10,300 $46,000
2020 $1,560 $41,100 $8,600 $32,500
2019 $1,570 $35,400 $7,600 $27,800
2018 $1,508 $33,300 $7,400 $25,900
2017 $0 $30,100 $6,200 $23,900
2016 $0 $23,800 $5,200 $18,600
2015 -- $23,800 $5,200 $18,600
2014 -- $24,500 $5,200 $19,300
2013 $2,219 $25,200 $5,200 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23135038

Southwestern Michigan Association of REALTORS®

APN: 51-105-080-00