NOT LISTED FOR SALE

721 Newton Ct Hastings, MI 49058

Estimated Value: $168,000 - $216,212

3 Beds
2 Baths
1,416 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $95,000 $67 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,425/month

10 Days on Market

Highlights

  • 88 Feet of Waterfront
  • 1 Fireplace
  • Heating System Uses Natural Gas
  • Stream or River on Lot

About This Home

As of December 2022

Duplex in Hastings with cold water creek and large yard in the back. Home next door at 701 is also available if you want to put together a rental portfolio. Good renters and quiet street. Private showings to begin on 11/28 at 4pm. If interested in multiple investment opportunities, check out our 3 other listings in this same area 701 Newton Ct, 116 South East St, and 404 Jefferson.
Offers due by noon on 11/30

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 11/21/2022

Keller Williams GR East

Co-Listed By

Matt Kepley

Five Star Real Estate (Ada) License #6506047033

Last Buyer's Agent

Kenneth Taylor

Bellabay Realty (Middleville) License #6501427766

Bellabay Realty (Middleville)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88 x 132
  • 88 Feet of Waterfront

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Walk-Out Basement

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Stream or River on Lot

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 88 x 132
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2600.0
  • Tax Info:Zoning3: R-2
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 88.0
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Substructure Walk-Out Access2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Walk-Out Access
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 95000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Fall Creek
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 88 x 132
  • Lot Size Sq Ft: 11631.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2600.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Pifer Josh
Bought by
Vendition 721 Llc
Current Estimated Value
$199,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,372
Outstanding Balance
$313,147
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
-$113,344

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 3, 2023
Sold by
For His Glory Holdings Llc
Bought by
Pifer Josh
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Kenneth Taylor
Bellabay Realty (Middleville)
List Price
$95,000
Sold Price
$95,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.34%

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 29, 2020
Sold by
Wilmington Savings Fund Society
Bought by
For His Glory Holdings Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$69,900
Sold Price
$46,000
Premium/Discount to List
-$23,900
-34.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.75%

Purchase Details

Closed on
Aug 15, 2019
Sold by
At Home Re Llc
Bought by
Wilmington Savings Fund Society and Residential Credit Opportunities Tr Ii

Purchase Details

Closed on
Dec 28, 2017
Sold by
Baker Tracy
Bought by
At Home Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,050
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 1, 2017
Sold by
Fannie Mae
Bought by
Baker Tracy
Seller's Agent
Tammy Waller
Location Realty
Buyer's Agent
Tracy Baker
At Home Real Estate
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%

Purchase Details

Closed on
Sep 22, 2016
Sold by
Sheldon Mark W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 11, 2007
Sold by
Service Clarence E
Bought by
The Federal National Mortgage Assn

Purchase Details

Closed on
Apr 18, 1995
Bought by
Service Clarence E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vendition 721 Llc -- Denali Title
Pifer Josh $424,700 --
For His Glory Holdings Llc $46,000 None Available
Wilmington Savings Fund Society $39,800 None Available
At Home Re Llc -- Servicelink
Baker Tracy $41,500 First Title & Escrow Inc
Federal National Mortgage Association -- Attorney
The Federal National Mortgage Assn $59,462 None Available
Service Clarence E $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vendition 721 Llc $323,372
Previous Owner At Home Re Llc $37,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $95,000 0.0% $67 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $95,000 +106.5% $67 / Sq Ft
04/29/2020 04/29/20 Sold $46,000 -34.2% $32 / Sq Ft View Prior Sale
04/16/2020 04/16/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $69,900 +74.8% $49 / Sq Ft
08/25/2017 08/25/17 Sold $40,000 -23.1% $28 / Sq Ft View Prior Sale
08/07/2017 08/07/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $52,000 -- $37 / Sq Ft
Source: MichRIC

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 $4,482 $92,700 $0 $0
2024 $4,482 $84,100 $0 $0
2023 $2,669 $64,400 $0 $0
2022 $2,669 $64,400 $0 $0
2021 $2,669 $59,400 $0 $0
2020 $2,669 $57,000 $0 $0
2019 $2,669 $52,700 $0 $0
2018 $0 $44,000 $0 $0
2017 $0 $43,300 $0 $0
2016 -- $37,600 $0 $0
2015 -- $37,600 $0 $0
2014 -- $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22048788

MichRIC

APN: 55-220-111-00