$155,000
SOLD FEB 24, 2025

903 Delta Ave Gladstone, MI 49837

3 Beds
2 Baths
2,608 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

9% Below List Price

503 Days on Market

About This Home

As of February 2025

This property has a 72 hour clause in place. Well established bar for sale in Gladstone. Stop down and have a drink in this air conditioning or enjoy the sunshine on the patio. This bar has so much potential with a Dj booth & stage for bands. Don't let this one pass you up. Everything will be included in the sale. A list from the seller will be provided. From the popcorn machine, pizza oven and all the props for decorating for holiday parties. The pool table, touch tunes, boxing game and darts are all rented. New compressor in 2023, new Ice machine, & boiler has been inspected. There are several tappers, pop, juice, and energy drinks on the gun. Class C Liquor License. There are two apartments that would make great extra income. The sellers are currently living in both of the units.

Last Agent to Sell the Property

Lori Rymkos

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 07/12/2023

Last Buyer's Agent

Lori Rymkos

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 07/12/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 28x140

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Original Plat Of City Of Gladstone. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052-048-002-00

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Other
  • Total Tax Amount: 2968
  • Total Tax Year: 2022
  • Year Built: 1900
  • Mail City: Gladstone
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Poured
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Brick
  • Frontage: 28
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: On Street

Utilities

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

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 052-048-002-00
  • Location: Main Street
  • Lot Dimensions: 28x140
  • Acreage: 0.09
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,435.00
  • Winter Tax: Year: 2022, Amount: $1,533.00
  • Total Tax: Year: 2022, Amount: $2,968.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Gladstone Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2007
Bought by
Weezu, Llc
Current Estimated Value
$164,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Outstanding Balance
$102,048
Interest Rate
6.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$61,956

Purchase Details

Closed on
Apr 11, 2007
Bought by
Weezu Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Outstanding Balance
$102,048
Interest Rate
6.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$61,956
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 Type Sale Price Title Company
Warranty Deed $79,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,500 Future Advance Clause Open End Mortgage
Closed $168,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $155,000 -8.8% $59 / Sq Ft
01/13/2025 01/13/25 For Sale $169,900 +9.6% $65 / Sq Ft
01/12/2025 01/12/25 Off Market $155,000 -- --
07/17/2024 07/17/24 Price Changed $169,900 -2.9% $65 / Sq Ft
07/16/2024 07/16/24 For Sale $174,900 +12.8% $67 / Sq Ft
07/12/2024 07/12/24 Off Market $155,000 -- --
04/15/2024 04/15/24 Price Changed $174,900 -2.8% $67 / Sq Ft
10/04/2023 10/04/23 Price Changed $179,999 -2.7% $69 / Sq Ft
07/12/2023 07/12/23 For Sale $185,000 -- $71 / Sq Ft
Source: Upper Peninsula 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 $3,460 $104,300 $0 $0
2024 $3,071 $101,100 $0 $0
2023 $3,071 $69,900 $0 $0
2022 $1,435 $64,000 $0 $0
2021 $2,888 $84,500 $0 $0
2020 $2,916 $53,100 $0 $0
2019 $2,753 $52,800 $0 $0
2018 $2,689 $62,300 $0 $0
2017 $1,287 $53,800 $0 $0
2016 $2,489 $43,000 $0 $0
2014 -- $46,300 $0 $0
2013 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50115604

Upper Peninsula Association of REALTORS®

APN: 21-052-048-002-00