NOT LISTED FOR SALE

955 W Peck Lake Rd Ionia, MI 48846

Estimated Value: $294,327 - $404,000

8 Beds
3 Baths
1,376 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $195,000 $142 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,965/month

140 Days on Market

Highlights

  • 3 Fireplaces
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of June 2021

Welcome to 955 W Peck Lake Rd. Ionia. Here you will find a 4 bedroom 2 bath home on 10 acres. This home currently has a single wide mobile home that is rented out as well and a double wide mobile home that is owned by a tenant (rents the land) The Single wide mobile does not have a title and adds no value to the property. The farm land is leased out to a local farmer. LAND CONTRACT AVAILABLE!!! 50k down, 5 year balloon and 6% interest.

Last Agent to Sell the Property

Ryan Hesche

Greenridge Realty (Saranac) License #6501376225 Listed on: 05/12/2021

Co-Listed By

Shelly Gregory

Greenridge Realty (Saranac) License #6501388037

Last Buyer's Agent

Hugh Griffith

Keller Williams GR East

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1900

Lot Details

  • 10.12 Acre Lot
  • Lot Dimensions are 660x668
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces
  • Basement
  • Michigan Basement

Parking

  • 10 Parking Spaces
  • Gravel Driveway

Farming

  • Tillable Land

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for electricity, gas

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $3,432
  • Gross Income $2,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

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: 660x668
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2232.43
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Lot Description:Level: Yes
  • Driveway:Gravel: Yes
  • Substructure:Michigan Basement: Yes
  • Lot Description:Tillable: Yes
  • Utilities Attached:Propane3: Yes
  • Utilities Attached Electricity Connected: Yes
  • Util Avail at Street Phone Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 209900.0
  • Lot Features: Level, Tillable
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Connected, Propane
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 10.12
  • Lot Size Area: 10.12
  • Lot Dimensions: 660x668
  • Lot Size Sq Ft: 440827.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 2232.43
  • Insurance Expense: 1200.0
  • Number of Units Total: 3
  • Operating Expense: 3432.43

Tax Info

  • Tax Annual Amount: 2232.43
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $195,000 -15.2% $142 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/12/2021 05/12/21 For Sale -- -- --
01/21/2021 01/21/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $229,900 -- $167 / 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 $2,439 $129,100 $40,200 $88,900
2024 $1,237 $129,100 $40,200 $88,900
2023 $1,180 $105,300 $31,200 $74,100
2022 $1,124 $105,300 $31,200 $74,100
2021 $1,193 $83,200 $26,800 $56,400
2020 $625 $83,200 $26,800 $56,400
2019 $576 $75,400 $24,400 $51,000
2018 $2,145 $66,100 $23,400 $42,700
2017 $581 $66,100 $23,400 $42,700
2016 $576 $60,200 $22,900 $37,300
2015 -- $60,200 $22,900 $37,300
2014 -- $56,600 $22,900 $33,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hesche

    Seller's Agent in 2021

    Ryan Hesche

    Greenridge Realty (Saranac)

    (616) 443-3072

    188 Total Sales

    Ryan Hesche
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Shelly Gregory

    Greenridge Realty (Saranac)

    (616) 902-4826

    22 Total Sales

    Shelly Gregory
    Section Image
  • Hugh Griffith

    Buyer's Agent in 2021

    Hugh Griffith

    Keller Williams GR East

    (616) 443-5251

    101 Total Sales

    Hugh Griffith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20046417

Southwestern Michigan Association of REALTORS®

APN: 011-024-000-035-00

Michigan Ionia County Ionia 48846

955 W Peck Lake Rd, Ionia, MI

This home is located at 955 W Peck Lake Rd, Ionia, MI 48846 since 12 May 2021 and is currently estimated at $332,332, approximately $241 per square foot. This property was built in 1900. 955 W Peck Lake Rd is a home located in Ionia County with nearby schools including Coon 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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