NOT LISTED FOR SALE

602 W Pine St Edmore, MI 48829

Estimated Value: $266,979 - $320,000

Studio
-- Bath
-- Sq Ft
33,106 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $199,900

Est. 43% increase in value since last sale

Current estimated payment $1,946/month

21 Days on Market

Highlights

  • Corner Lot
  • Halls are 36 inches wide or more
  • Hot Water Heating System
  • Cooling System Mounted In Outer Wall Opening
  • Roll Under Sink
  • Laundry Facilities

About This Home

As of June 2021

Hard to find a better investment property around in this housing market. This 4 plex unit offers two bedrooms, one full bath, one car garage and washer and dryer as a added bonus to each unit. Great rental history with potential rents up to $3000 for all 4 units.

Last Agent to Sell the Property

Rich Adgate

Eagle Realty License #6502356265 Listed on: 05/03/2021

Last Buyer's Agent

Ryan Hesche

Greenridge Realty (Saranac) License #6506049603

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2000

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 220x150
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway

Accessible Home Design

  • Roll Under Sink
  • Halls are 36 inches wide or more

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $3,000

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 2000

Lot Details

0.76 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 2000
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36' or + Hallway, Accessible Bath Sink
  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199900.0
  • Lot Features: Corner Lot, Level
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size Area: 0.76
  • Lot Dimensions: 220X150
  • Lot Size Sq Ft: 33106.0
  • Zoning Description: R2

Rental Info

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

Multi Family

  • Gross Income: 3000.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 30, 2021
Sold by
Quest T Co
Bought by
Devries Jacob and Devries Kelsea
Seller's Agent
Rich Adgate
Eagle Realty
Buyer's Agent
Ryan Hesche
Greenridge Realty (Saranac)
List Price
$299,900
Sold Price
$199,900
Premium/Discount to List
-$100,000
-33.34%
Current Estimated Value
$286,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,345
Avg. Annual Appreciation
7.90%
Original Mortgage
$196,278
Outstanding Balance
$178,092
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$108,153

Purchase Details

Closed on
Feb 11, 2010
Sold by
Grannis Family Limited Partnership
Bought by
Entrust Great Lakes Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Grannis Opal Trust
Bought by
Grannis Family Limited Partnership

Purchase Details

Closed on
Oct 21, 1997
Sold by
Dixner Kenneth J and Dixner Suzanne J
Bought by
Grannis Paul
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
Devries Jacob $199,900 None Available
Entrust Great Lakes Llc $130,000 --
Grannis Family Limited Partnership -- --
Grannis Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devries Jacob $196,278
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $199,900 -33.3% --
05/24/2021 05/24/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $299,900 -- --
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 $5,485 $143,800 $0 $0
2024 $5,183 $108,200 $0 $0
2023 -- $101,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rich Adgate

    Seller's Agent in 2021

    Rich Adgate

    Eagle Realty

    (989) 506-1402

    90 Total Sales

    Rich Adgate
    Section Image
  • Ryan Hesche

    Buyer's Agent in 2021

    Ryan Hesche

    Greenridge Realty (Saranac)

    (616) 443-3072

    183 Total Sales

    Ryan Hesche
    Section Image
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Map

Source: MichRIC

MLS Number: 21015065

MichRIC

APN: 041-629-011-51

Michigan Montcalm County Edmore 48829

602 W Pine St, Edmore, MI

Not Listed for Sale

MultiFamily

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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