NOT LISTED FOR SALE

514 E Center St Hastings, MI 49058

Estimated Value: $229,738 - $364,000

3 Beds
4 Baths
2,373 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $150,000 $63 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,787/month

About This Home

As of August 2018

One of a kind 4 unit. All new furnaces and hot water heaters, split utilities. Rents for $2075/MO. All 4 units are 1 bedroom apartments with many updates throughout.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 08/27/2018

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1928

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 7,013 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Block
  • List Price: 150000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7013.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Aug 9, 2018
Sold by
Smacked Properties Llc
Bought by
Montelro Denzyl and Montelro Georgina
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nonmember Agent
Non Member
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$278,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,685
Avg. Annual Appreciation
8.74%
Original Mortgage
$112,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2016
Sold by
Pleune Christopher A and Pleune Kimberly S
Bought by
Smacked Properties Llc

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 30, 2015
Sold by
Knowlco Llc
Bought by
Pleaune Christopher A and Pleune Kimberly S
Seller's Agent
Brent VanBuren
TradeMark Realty Inc. - I
Buyer's Agent
Don King Jr.
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$78,750
Interest Rate
0.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Penord Mark C
Bought by
The Bank Of New York Mellon and First Horizon Home Loans

Purchase Details

Closed on
Feb 5, 2007
Sold by
Oversmith Lorin C and Oversmith Julia A
Bought by
Penrod Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Montelro Denzyl $150,000 None Available
Smacked Properties Llc -- None Available
Pleaune Christopher A $105,000 Lighthouse Title Inc
The Bank Of New York Mellon $55,250 None Available
Penrod Mark C $120,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Montelro Denzyl $112,500
Previous Owner Pleaune Christopher A $78,750
Previous Owner Penrod Mark C $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2018 08/27/18 Sold $150,000 0.0% $63 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $150,000 +42.9% $63 / Sq Ft
05/14/2015 05/14/15 Sold $105,000 +5.1% $44 / Sq Ft View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $99,900 +185.4% $42 / Sq Ft
02/07/2012 02/07/12 Sold $35,000 -26.3% $15 / Sq Ft View Prior Sale
01/26/2012 01/26/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $47,500 -- $20 / Sq Ft
Source: MichRIC

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 $3,947 $121,900 $0 $0
2024 $3,947 $117,100 $0 $0
2023 $3,607 $83,100 $0 $0
2022 $3,607 $83,100 $0 $0
2020 $3,607 $68,300 $0 $0
2019 $3,607 $60,900 $0 $0
2018 $0 $53,800 $0 $0
2017 $0 $53,300 $0 $0
2016 -- $51,500 $0 $0
2015 -- $57,500 $0 $0
2014 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Koetsier

    Seller's Agent in 2018

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    110 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Thomas Koetsier

    Kay Courtney & Associates

  • N

    Buyer's Agent in 2018

    Nonmember Agent

    Non Member

  • B

    Seller's Agent in 2015

    Brent VanBuren

    TradeMark Realty Inc. - I

    Section Image
  • Don King Jr.

    Buyer's Agent in 2015

    Don King Jr.

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-3180

    166 Total Sales

    Don King Jr.
    Section Image

  • B

    Seller's Agent in 2012

    Brian Brinkert

    Tri County Professionals

See All Agents

Map

Source: MichRIC

MLS Number: 18042317

MichRIC

APN: 55-201-212-00

Michigan Barry County Hastings 49058

514 E Center St, Hastings, MI

Not Listed for Sale

MultiFamily

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