NOT LISTED FOR SALE

618 S Main St Reading, MI 49274

Estimated Value: $134,000 - $156,797

4 Beds
2 Baths
1,024 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $99,900 $98 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $981/month

20 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of May 2022

INVESTORS ONLY SALE: this well maintained 2 Unit, Upper unit has offers newer carpeting and laminate flooring kitchen countertop, sink, newer bathroom vanity & shower door. washer/dryer window air units included
Lower unit: 2021 renovations, replaced furnace, all new flooring, kitchen offers some newer cabinets, counter top and sink. Newer bathroom vanity and washer/dryer. Vinyl siding was completed last Summer. Renters pay for heat & electric & trash, landlord pays water bill which averages @ $125 month. Both units currently occupied.

Last Agent to Sell the Property

Randy Blonde

Midwestern Realty Group License #6501251257 Listed on: 05/05/2022

Last Buyer's Agent

Randy Blonde

Midwestern Realty Group License #6501251257 Listed on: 05/05/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1944

Lot Details

  • 0.26 Acre Lot
  • Flag Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Michigan Basement

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,360

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 99900.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: multi-family
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1360.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 20, 2022
Sold by
Blonde Roxanne M
Bought by
Mobley Dereck
Seller's Agent
Randy Blonde
Midwestern Realty Group
Buyer's Agent
Randy Blonde
Midwestern Realty Group
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$145,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,799
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Dec 18, 2009
Sold by
Hayes Orval D
Bought by
Blonde Roxanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,875
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Hayes Orval D
Bought by
Hayes Orval D and Orval D Hayes Revocable Living Trust

Purchase Details

Closed on
Apr 16, 2004
Sold by
Schmig Christian Lynn and Schmig Melissa Ellen
Bought by
Hayes Orval D and Main Street Land Trust #03-04

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,818
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 1999
Sold by
Young Darin Drew and Emmoly Ann
Bought by
Schmig Christian L and Schmig Melissa E

Purchase Details

Closed on
Dec 3, 1996
Sold by
Forrester John F and Forrester Wanda A
Bought by
Young Darin Drew and Emmoly Ann
Source: Public Records

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 Buyer Sale Price Title Company
Mobley Dereck $99,900 --
Blonde Roxanne M $54,500 Midstate Title
Hayes Orval D -- None Available
Hayes Orval D $54,818 Midstate Title Company
Schmig Christian L $37,000 --
Young Darin Drew $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blonde Roxanne M $40,875
Previous Owner Hayes Orval D $54,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $99,900 0.0% $98 / Sq Ft
04/20/2022 04/20/22 For Sale $99,900 -- $98 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,456 $57,800 $0 $0
2024 $1,045 $56,000 $0 $0
2023 $999 $42,500 $0 $0
2022 $1,398 $35,200 $0 $0
2021 $1,360 $33,600 $0 $0
2020 $1,353 $29,400 $0 $0
2019 $1,319 $28,300 $0 $0
2018 $1,272 $28,200 $0 $0
2017 $1,238 $27,200 $0 $0
2016 $1,227 $26,800 $0 $0
2015 $526 $26,800 $0 $0
2013 $509 $21,680 $0 $0
2012 $520 $22,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22013581

Southwestern Michigan Association of REALTORS®

APN: 20-045-001-022