$145,000
SOLD JAN 24, 2025

510 Rodd St Midland, MI 48640

3 Beds
2 Baths
1,374 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

87% Below List Price

5 Days on Market

About This Home

As of January 2025

Excellent investment opportunity. Two Great Properties. 510 N Rodd Duplex-Great rental history with both units tenants 5+ years. Perfect location on Rodd St offers quick access to all that Midland has to offer!

Last Agent to Sell the Property

Kyle Skinner

Ayre/Rhinehart-Midland License #BCRA-6501457470 Listed on: 12/06/2024

Last Buyer's Agent

Christie Root

RE/MAX of Midland License #SBR

RE/MAX of Midland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

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

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Carpenters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-50-240

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3309.49
  • Year Built: 1920
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Frontage: 60
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-16-50-240
  • Lot Dimensions: 60x120
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,293.68
  • Winter Tax: Year: 2024, Amount: $1,015.81
  • Total Tax: Amount: $3,309.49

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Jan 24, 2025
Sold by
Arch City Property Management Llc
Bought by
Pereira Brandon A
Seller's Agent
Kyle Skinner
Ayre/Rhinehart-Midland
Buyer's Agent
Christie Root
RE/MAX of Midland
List Price
$1,100,000
Sold Price
$145,000
Premium/Discount to List
-$955,000
-86.82%
Views
12
Current Estimated Value
$149,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,066
Avg. Annual Appreciation
2.99%
Original Mortgage
$108,750
Outstanding Balance
$108,080
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$40,986

Purchase Details

Listed on
Dec 6, 2024
Closed on
Jan 23, 2025
Sold by
Huntington National Bank As Successor By
Bought by
Arch City Property Management Llc
Seller's Agent
Kyle Skinner
Ayre/Rhinehart-Midland
Buyer's Agent
Christie Root
RE/MAX of Midland
List Price
$1,100,000
Sold Price
$145,000
Premium/Discount to List
-$955,000
-86.82%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$108,080
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$40,986

Purchase Details

Closed on
Oct 7, 2022
Sold by
Trust Agreement Of Maria Theresa Chiu
Bought by
Arch City Property Management Llc
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

Date Type Sale Price Title Company
Warranty Deed $145,000 None Listed On Document
Deed $117,800 None Listed On Document
Contract Of Sale -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2025 01/24/25 Sold $145,000 -86.8% $106 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $1,100,000 -- $801 / Sq Ft
Source: Bay County Realtor® Association MLS

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 $3,309 $71,300 $0 $0
2024 $2,294 $61,600 $0 $0
2023 $2,184 $53,900 $0 $0
2022 $2,027 $49,700 $0 $0
2021 $1,943 $43,800 $0 $0
2020 $1,923 $41,600 $0 $0
2019 $1,876 $41,600 $12,500 $29,100
2018 $1,825 $41,100 $12,500 $28,600
2017 $0 $35,600 $12,500 $23,100
2016 $1,758 $33,000 $10,800 $22,200
2012 -- $32,200 $10,800 $21,400
Source: Public Records

Agents Affiliated with this Home

  • Kyle Skinner

    Seller's Agent in 2025

    Kyle Skinner

    Ayre/Rhinehart-Midland

    (989) 385-0838

    9 in this area

    12 Total Sales

    Kyle Skinner
    Section Image
  • Christie Root

    Buyer's Agent in 2025

    Christie Root

    RE/MAX of Midland

    (989) 600-1684

    47 in this area

    87 Total Sales

    Christie Root
    Section Image
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50162555

Bay County Realtor® Association MLS

APN: 14-16-50-240

Michigan Midland County Midland 48640

510 Rodd St, Midland, MI

Sold

MultiFamily

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