NOT LISTED FOR SALE

700 Maple St Midland, MI 48640

Estimated Value: $199,000 - $235,000

6 Beds
2 Baths
2,640 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $185,000 $70 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,474/month

4 Days on Market

About This Home

As of September 2022

Great investment Opportunity!!! Very nice duplex. Each side gets $925 per month.

Last Agent to Sell the Property

Josh Burch

Ayre Rhinehart Real Estate Partners License #MBR-6501370969 Listed on: 09/06/2022

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Christina Reimer

RE/MAX of Midland License #MBR-6501342871

RE/MAX of Midland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85x132

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Res Midland Neighborhood Area 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-15-60-134

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Raised Ranch
  • Total Tax Amount: 3935
  • Year Built: 1966
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement Type: Block
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Frontage: 85
  • Foundation Type: Slab

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-15-60-134
  • Lot Dimensions: 85x132
  • Acreage: 0.25

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,848.00
  • Winter Tax: Year: 2021, Amount: $1,087.00
  • Total Tax: Amount: $3,935.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Sep 30, 2022
Sold by
Validation Capital Llc
Bought by
Nidan Properties Llc
Seller's Agent
Josh Burch
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Christina Reimer
RE/MAX of Midland
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$212,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,195
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Jul 29, 2021
Sold by
Midtown Rentals Llc
Bought by
Validation Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.93%
Mortgage Type
Commercial
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
Nidan Properties Llc $185,000 --
Nidan Properties Llc $185,000 --
Validation Capital Llc $185,000 None Listed On Document
Validation Capital Llc $185,000 None Listed On Document
Validation Capital Llc $185,000 None Listed On Document
Validation Capital Llc $185,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Validation Capital Llc $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $185,000 0.0% $70 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $185,000 +115.1% $70 / Sq Ft
03/10/2017 03/10/17 Sold $86,000 -15.7% $32 / Sq Ft View Prior Sale
01/17/2017 01/17/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $102,000 -- $39 / Sq Ft
Source: Midland Board 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 $4,341 $93,400 $0 $0
2024 $3,009 $79,800 $0 $0
2023 $2,865 $70,700 $0 $0
2022 $4,136 $70,700 $0 $0
2021 $3,431 $63,100 $0 $0
2020 $3,395 $61,000 $0 $0
2019 $3,312 $57,300 $13,800 $43,500
2018 $3,311 $68,000 $13,800 $54,200
2017 $0 $54,900 $13,800 $41,100
2016 $3,011 $53,700 $13,800 $39,900
2012 -- $51,800 $13,800 $38,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Josh Burch

    Ayre Rhinehart Realtors

    (989) 631-7000

    33 in this area

    54 Total Sales

    Josh Burch
    Section Image
  • Christina Reimer

    Buyer's Agent in 2022

    Christina Reimer

    RE/MAX Michigan

    (989) 430-9099

    202 in this area

    266 Total Sales

    Christina Reimer
    Section Image

  • T

    Seller's Agent in 2017

    Tom Darger

    Ayre Rhinehart Realtors

    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50089164

Midland Board of REALTORS®

APN: 14-15-60-134

Michigan Midland County Midland 48640

700 Maple St, Midland, MI

Not Listed for Sale

MultiFamily

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