$42,500
SOLD JAN 15, 2025

511 E Patrick Rd Midland, MI 48640

0.5 Acre
$85,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

6% Below List Price

343 Days on Market

About This Lot

As of January 2025

Commercial zoned building lot in Midland. Close to Dow! 80 x 348. All city utilities out front. Great traffic and lots of parking. Located in the Auto Mall at 511 E. Patrick.

Last Agent to Sell the Property

Matthew Rapanos

Ayre Rhinehart Real Estate Partners License #MBR-6501367517 Listed on: 01/26/2024

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Amber Smith

Ayre Rhinehart Real Estate Partners License #MBR-6501423249

Ayre Rhinehart Real Estate Partners

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80 x 348
  • Cleared Lot
  • Property is zoned Commercial, Industrial

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 14-15-50-144

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 2362.12
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 80
  • Roads: City/County, Curbed, Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Gas At Street

Condo/Co-op/Association

  • Community Amenities: Sidewalks

Lot Info

  • Assessor Parcel Number: 14-15-50-144
  • Location: Main Street
  • Acreage: 0.5
  • Lot Description: Sidewalks, Cleared
  • Zoning: Commercial, Industrial
  • Lot Size: 80 x 348
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,637.99
  • Winter Tax: Year: 2023, Amount: $724.13
  • Total Tax: Amount: $2,362.12

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jan 15, 2025
Sold by
Marspp Llc
Bought by
Larkin Properties Unlimited Llc
Seller's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Amber Smith
Ayre Rhinehart Real Estate Partners
List Price
$45,000
Sold Price
$42,500
Premium/Discount to List
-$2,500
-5.56%
Views
44
Current Estimated Value
$72,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,469

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jun 29, 2023
Sold by
Mutscher Glen C
Bought by
Marspp Llc
Seller's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.82%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Rapanos Judith Ann
Bought by
Mutscher Glen C
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 $42,500 None Listed On Document
Warranty Deed $175,000 None Listed On Document
Warranty Deed $50,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Sold $42,500 -5.6% --
01/03/2025 01/03/25 Pending -- -- --
01/26/2024 01/26/24 For Sale $45,000 +80.0% --
06/29/2023 06/29/23 Sold $25,000 +2.0% -- View Prior Sale
02/01/2023 02/01/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $24,500 -15.5% --
12/21/2020 12/21/20 For Sale $29,000 +16.0% --
12/20/2020 12/20/20 Off Market $25,000 -- --
12/14/2018 12/14/18 For Sale $29,000 -- --
Source: Midland Board 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 $3,567 $70,600 $0 $0
2024 $2,472 $61,000 $0 $0
2023 $1,638 $52,900 $0 $0
2022 $2,252 $38,400 $0 $0
2021 $2,544 $43,800 $0 $0
2020 $2,553 $43,900 $0 $0
2019 $2,531 $43,800 $41,800 $2,000
2018 $800 $44,100 $41,800 $2,300
2017 $0 $45,000 $41,800 $3,200
2012 -- $31,500 $31,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50132180

Midland Board of REALTORS®

APN: 14-15-50-144