NOT LISTED FOR SALE

701 E Grand St Hastings, MI 49058

Estimated Value: $180,000 - $248,000

4 Beds
3 Baths
1,900 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $52,000 $27 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,360/month

7 Days on Market

Highlights

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

About This Home

As of June 2015

This is a three unit apartment building. Each unit has two bedrooms, one bath, living room, and a kitchen. There two units down with one unit up. There is ample parking and long term tenants currently residing there. The building is close to town for shopping, restaurants and parks. This is a price that an investor looking for rental property can not beat. With this price it won't last long.

Last Agent to Sell the Property

Stanley Labinski

Location Realty License #6501374788 Listed on: 05/11/2015

Last Buyer's Agent

Patricia Doezema

Keller Williams GR East License #6502417122

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 72x76
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 5 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1873
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 72x76
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1450.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 55000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 5, 2015
Sold by
Morrison Barbara A
Bought by
N & J Flips Llc
Seller's Agent
Stanley Labinski
Location Realty
Buyer's Agent
Patricia Doezema
Keller Williams GR East
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%
Current Estimated Value
$213,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,930
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
Aug 28, 2014
Sold by
Morrison Barbara A and Morrison Paul J
Bought by
Morrison Barbara A and Decker Denise L

Purchase Details

Closed on
Oct 1, 1997
Bought by
Morrison Paul J and Morrison Barbara
Source: Public Records

Range of Values:

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Average Value
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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
N & J Flips Llc $52,000 Bell Title
Morrison Barbara A -- None Available
Morrison Paul J $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $52,000 -5.5% $27 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $55,000 -- $29 / 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 $2,331 $85,800 $0 $0
2024 $2,331 $99,700 $0 $0
2023 $2,131 $70,400 $0 $0
2022 $2,131 $70,400 $0 $0
2021 $2,131 $68,100 $0 $0
2020 $2,131 $58,200 $0 $0
2019 $2,131 $52,100 $0 $0
2018 $0 $44,600 $0 $0
2017 $0 $44,000 $0 $0
2016 -- $32,900 $0 $0
2015 -- $31,200 $0 $0
2014 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stanley Labinski

    Location Realty

    Section Image
  • Patricia Doezema

    Buyer's Agent in 2015

    Patricia Doezema

    Keller Williams GR East

    (269) 838-1469

    15 in this area

    70 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15022900

Southwestern Michigan Association of REALTORS®

APN: 55-235-026-00

Michigan Barry County Hastings 49058

701 E Grand St, Hastings, MI

This home is located at 701 E Grand St, Hastings, MI 49058 since 11 May 2015 and is currently estimated at $213,930, approximately $112 per square foot. This property was built in 1873. 701 E Grand St is a home located in Barry County with nearby schools including Hastings High School, St. Rose of Lima School, and Hastings 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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