NOT LISTED FOR SALE

657 W Washington St Ionia, MI 48846

Estimated Value: $142,000 - $191,000

5 Beds
2 Baths
608 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $50,000 $82 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,050/month

900 Days on Market

About This Home

As of April 2016

Great investment opportunity! Two homes on one parcel for a total of 3 rental units! Main home is a duplex and currently rents for a total of $1075. Downstairs unit is 3 bedrooms/1 bath and gets $400/month. Upper unit is a 1/possibly 2 bedroom/1 bath for $300/month. Bungalow next door rents for $375/month. Great cash flow! Homes have been maintained nicely. Competitively priced!

Last Agent to Sell the Property

Laurie Palmer

Live Local Realty Listed on: 10/24/2013

Last Buyer's Agent

Jonathan Dinehart

Live Local Realty License #6502385999

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

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

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 54900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RES

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2007.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2020
Sold by
Wray Timothy H and Wray Margaret
Bought by
Lewis Randy J
Current Estimated Value
$166,474

Purchase Details

Closed on
Dec 20, 2004
Sold by
Beyer Ronald
Bought by
Wray Timothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Lewis Randy J $50,000 --
Wray Timothy H $50,000 Michigan Bankers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wray Timothy H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $50,000 -16.5% $82 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
10/24/2013 10/24/13 For Sale $59,900 -- $99 / 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 $1,795 $54,300 $10,200 $44,100
2024 $1,708 $54,300 $10,200 $44,100
2023 $1,629 $37,300 $7,500 $29,800
2022 $1,552 $35,900 $6,700 $29,200
2021 $1,583 $29,600 $6,700 $22,900
2020 $1,496 $29,600 $6,700 $22,900
2019 $1,955 $27,600 $5,500 $22,100
2018 $1,525 $47,400 $4,900 $42,500
2017 $1,540 $47,400 $4,900 $42,500
2016 $1,955 $41,600 $5,000 $36,600
2015 -- $41,600 $5,000 $36,600
2014 -- $38,300 $6,200 $32,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laurie Palmer

    Live Local Realty

    (616) 902-2192

    114 Total Sales

    Laurie Palmer
    Section Image
  • Jonathan Dinehart

    Buyer's Agent in 2016

    Jonathan Dinehart

    Live Local Realty

    (616) 813-8972

    203 Total Sales

    Jonathan Dinehart
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13061893

Southwestern Michigan Association of REALTORS®

APN: 202-170-000-165-00

Michigan Ionia County Ionia 48846

657 W Washington St, Ionia, MI

This home is located at 657 W Washington St, Ionia, MI 48846 since 24 October 2013 and is currently estimated at $166,474, approximately $273 per square foot. This property was built in 1900. 657 W Washington St is a home located in Ionia County with nearby schools including Ionia High School, Saints Peter and Paul Catholic School, and Ionia Seventh Day Adventist Elementary School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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