NOT LISTED FOR SALE

725 Branch St Ionia, MI 48846

Estimated Value: $167,000 - $269,000

4 Beds
2 Baths
1,688 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $144,000 $85 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,359/month

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of March 2022

This home is located at 725 Branch St, Ionia, MI 48846 since 28 December 2022 and is currently estimated at $207,541, approximately $122 per square foot. This property was built in 1962. 725 Branch 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.

Last Agent to Sell the Property

Maria Blackmer

Live Local Realty License #6502374234 Listed on: 12/28/2022

Last Buyer's Agent

Maria Blackmer

Live Local Realty License #6502374234 Listed on: 12/28/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1962

Lot Details

  • 0.27

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Natural lighting in basement
  • 0.27 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,515

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Brick
  • List Price: 144000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11543.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1515.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Simmons Mitchell J
Bought by
Hebden Rick D
Current Estimated Value
$207,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Outstanding Balance
$110,806
Interest Rate
0.56%
Mortgage Type
Construction
Estimated Equity
$96,735

Purchase Details

Listed on
Aug 25, 2017
Closed on
Dec 22, 2017
Sold by
Ferris Brandon R
Bought by
Ferris Rentals Llc
Seller's Agent
Patrick Schaefer
Five Star Real Estate (Ada)
Buyer's Agent
Maria Blackmer
Live Local Realty
List Price
$94,900
Sold Price
$75,500
Premium/Discount to List
-$19,400
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%

Purchase Details

Listed on
Aug 25, 2017
Closed on
Dec 8, 2017
Sold by
Nelson Mary T
Bought by
Ferris Brandon
Seller's Agent
Patrick Schaefer
Five Star Real Estate (Ada)
Buyer's Agent
Maria Blackmer
Live Local Realty
List Price
$94,900
Sold Price
$75,500
Premium/Discount to List
-$19,400
-20.44%

Purchase Details

Closed on
Oct 25, 2002
Bought by
Nelson Joseph D and Nelson Mary T
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
Hebden Rick D $165,000 Star Title Agcy
Ferris Rentals Llc -- --
Ferris Brandon $75,500 --
Nelson Joseph D $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hebden Rick D $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2022 12/28/22 For Sale $144,000 0.0% $85 / Sq Ft
03/11/2022 03/11/22 Sold $144,000 +90.7% $85 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/22/2017 12/22/17 Sold $75,500 -20.4% $45 / Sq Ft View Prior Sale
11/17/2017 11/17/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $94,900 -- $56 / 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 $3,140 $62,400 $14,200 $48,200
2024 $2,989 $62,400 $14,200 $48,200
2023 $1,922 $48,300 $10,500 $37,800
2022 $1,411 $43,200 $9,200 $34,000
2021 $2,134 $36,500 $9,200 $27,300
2020 $2,017 $36,500 $9,200 $27,300
2019 $0 $36,300 $7,700 $28,600
2018 $2,233 $36,900 $6,800 $30,100
2017 $1,558 $36,900 $6,800 $30,100
2016 $1,577 $32,000 $5,000 $27,000
2015 -- $32,000 $5,000 $27,000
2014 $1,587 $30,300 $6,200 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22051525

Southwestern Michigan Association of REALTORS®

APN: 202-120-000-125-00