NOT LISTED FOR SALE

5118 W Stanton Rd Stanton, MI 48888

Estimated Value: $161,000 - $219,000

4 Beds
4 Baths
-- Sq Ft
1.17 Acres Lot

Sale Details

Date Sold: July 25, 2019

Last sale price $95,000

Est. 100% increase in value since last sale

Current estimated payment $1,223 / mo

34 Days on Market

About This Home

As of July 2019

Great Investment Opportunity and hard to find 4 Unit Rental, 1 bedroom/1 bath and 600 sq ft of living space for each unit .2 lower level 2 upper level. Separate Electric. New roof and siding in past 2 years.. Also includes 24x40 storage unit, 3 large 10x24 and 3 smaller 8x10. Large 1+ Acre parcel nestled on a Main Rd between Clifford and Dickerson Lakes.

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 05/22/2019

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia) Listed on: 05/22/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,115

Lot Details

  • 1.17 Acre Lot

Parking

  • 16 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • The owner pays for water, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,160
  • Gross Income $25,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,115

Lot Details

1.17 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 114900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 16.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Sq Ft: 50965.0
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Gross Income: 25200.0
  • Insurance Expense: 1160.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2115.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Rodriguez Joseph M and Sanderson Lori
Bought by
5118 W Stanton Road Llc
Current Estimated Value
$190,273

Purchase Details

Listed on
Feb 17, 2017
Closed on
Jul 26, 2017
Sold by
Clifford Lake Rentals & Sales
Bought by
5118 W Stanton Rd Llc
Seller's Agent
Michael Satterlee
Greenridge Realty
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$125,000
Sold Price
$75,000
Premium/Discount to List
-$50,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 9, 2009
Sold by
Wall Enterprises Inc
Bought by
Clifford Lake Rentals and Clifford Sales

Purchase Details

Closed on
Feb 20, 1998
Sold by
Wall Enterprise Inc
Bought by
Clifford Lake Rentals & Sales Lc

Purchase Details

Closed on
Apr 22, 1997
Sold by
Kanouse Harold M and Kanouse Sharon
Bought by
Wall Enterprise Inc
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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Purchase History

Date Buyer Sale Price Title Company
5118 W Stanton Road Llc -- None Listed On Document
5118 W Stanton Rd Llc $75,000 Sun Title Agency
Clifford Lake Rentals -- --
Clifford Lake Rentals & Sales Lc $25,000 --
Wall Enterprise Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5118 W Stanton Rd Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2019 07/25/19 Sold $95,000 -17.3% --
06/25/2019 06/25/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $114,900 +53.2% --
07/26/2017 07/26/17 Sold $75,000 -40.0% -- View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $125,000 -- --
Source: MichRIC

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 $2,656 $94,200 $0 $0
2024 $2,808 $89,000 $0 $0
2023 -- $73,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darin Elliott

    Seller's Agent in 2019

    Darin Elliott

    Greenridge Realty (Ionia)

    (616) 902-2235

    599 Total Sales

    Darin Elliott
    Section Image

  • M

    Seller's Agent in 2017

    Michael Satterlee

    Greenridge Realty

    Section Image
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Map

Source: MichRIC

MLS Number: 19022078

MichRIC

APN: 007-031-024-10

Michigan Montcalm County Stanton 48888

5118 W Stanton Rd, Stanton, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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