NOT LISTED FOR SALE

535 E Grand St Hastings, MI 49058

Estimated Value: $188,000 - $254,000

3 Beds
3 Baths
1,152 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $91,000 $79 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,375/month

105 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 3-minute walk to Second Ward Park

About This Home

As of August 2018

Three unit building on extra large lot. Fully rented. Features: Apt A-Efficiency-$420/month. Apt B-2 Bedroom Lower Unit-$600/month. Apt C-1+ Bedroom Upper Unit-$450/month.

Last Agent to Sell the Property

Ruth Murrah

Thornapple Real Estate Listed on: 04/09/2018

Last Buyer's Agent

Joshua Mccracken

Greenridge Realty (Lowell) License #6506046510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1875

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82 x 132
  • Corner Lot: Yes

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,844

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 84.98
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1844.0
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 97900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10802.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1844.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 30, 2018
Sold by
Flohr Steven and Flohr Stephanie
Bought by
Aquilla Lproperty Management Llc
Seller's Agent
Ruth Murrah
Thornapple Real Estate
Buyer's Agent
Joshua Mccracken
Greenridge Realty (Lowell)
List Price
$99,900
Sold Price
$91,000
Premium/Discount to List
-$8,900
-8.91%
Current Estimated Value
$211,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,403
Avg. Annual Appreciation
12.28%
Original Mortgage
$68,250
Outstanding Balance
$42,148
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$169,255

Purchase Details

Listed on
Sep 28, 2014
Closed on
Oct 31, 2014
Sold by
Oversmith Lorin C and Oversmith Julie A
Bought by
Guthrie Katherine J
Seller's Agent
Ruth Murrah
At Home Real Estate
Buyer's Agent
Ruth Murrah
Greenridge Realty (Hastings)
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
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
Aquilla Lproperty Management Llc -- Chicago Title Of Michigan In
Flohr Steve $91,000 Lighthouse Title Agency
Guthrie Katherine K $117,000 Lighthouse Title Agency
Guthrie Katherine J -- Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flohr Steve $68,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2018 08/30/18 Sold $91,000 -8.9% $79 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $99,900 +17.5% $87 / Sq Ft
10/31/2014 10/31/14 Sold $85,000 -10.4% $74 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
09/28/2014 09/28/14 For Sale $94,900 -- $82 / 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 $3,150 $85,000 $0 $0
2024 $3,150 $81,900 $0 $0
2023 $2,879 $57,500 $0 $0
2022 $2,879 $57,500 $0 $0
2021 $2,879 $55,700 $0 $0
2020 $2,879 $54,200 $0 $0
2019 $2,879 $48,600 $0 $0
2018 $0 $42,300 $0 $0
2017 $0 $41,500 $0 $0
2016 -- $29,100 $0 $0
2015 -- $28,700 $0 $0
2014 -- $28,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ruth Murrah

    Thornapple Real Estate

  • Joshua Mccracken

    Buyer's Agent in 2018

    Joshua Mccracken

    Greenridge Realty (Lowell)

    (616) 250-7635

    111 Total Sales

    Joshua Mccracken
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Map

Source: MichRIC

MLS Number: 18013734

MichRIC

APN: 55-235-044-00

Michigan Barry County Hastings 49058

535 E Grand St, Hastings, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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