$75,000
SOLD JUL 26, 2017

5118 W Stanton Rd Stanton, MI 48888

-- Bed
-- Bath
-- Sq Ft
1.17 Acres

Recently Sold

40% Below List Price

105 Days on Market

About This Home

As of July 2019

4 Unit Rental, 1 bedroom, 1 bath and approx. 600 sq ft of living space each.
2 lower level 2 upper level. building is solid but in need of some TLC.
Also includes 24x40 storage unit, 3 large 10x24 and 3 smaller 8x10 units

this is a prime location and room for more storage units, this is an excellent opportunity

Last Agent to Sell the Property

Michael Satterlee

Greenridge Realty License #6â00B5â00B0â00B1â00B3â00B3â00B1â00B6â00B7â00B3

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 340x150

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 8 Parking Spaces
  • Unpaved Driveway

Utilities

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

Community Details

  • 4 Units
  • Insurance Expense $1,632

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Lot Details

0

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

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 99999.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Sq Ft: 50965.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Insurance Expense: 1632.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2115.0
  • Tax Year: 2016

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
Total Days on Market
105
Current Estimated Value
$225,577

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
15.43%
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

Map

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $75,000 Sun Title Agency
Deed -- --
Deed $25,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
06/02/2017 06/02/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $125,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2024 $2,808 $89,000 $0 $0
2023 -- $73,100 $0 $0
2022 -- $62,300 $0 $0
2021 -- $57,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17006066

Southwestern Michigan Association of REALTORS®

APN: 007-031-024-10