10350 Peake Road

Closed 11/14/24
Closed 11/14/24
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Sold
Last Sold Price
$525,000
7 beds2,604 sqft$202/sqft
10350 Peake Road, Portland, MI 48875
Single FamilyProperty Type
2 acresLot Size
1995Year Built
$202/sq ftPrice per sq ft
10 carsParking Spaces

Description

Charming Duplex with Income Potential in Portland, Danby TownshipNestled in the serene countryside of Danby Township, this unique property at 10350 Peake Rd offers an incredible blend of residential comfort and business potential. Built in 1995, this expansive 2604 sq ft duplex sits on a picturesque 2-acre lot, offering a peaceful retreat just a short drive from downtown Portland.2 Unit Duplex with 3 building storage units and out door RV/Boat storage space.Charming Duplex with Income Potential in Portland, Danby TownshipNestled in the serene countryside of Danby Township, this unique property at 10350 Peake Rd offers an incredible blend of residential comfort and business potential. Built in 1995, this expansive 2604 sq ft duplex sits on a picturesque 2-acre lot, offering a peaceful retreat just a short drive from downtown Portland.2 Unit Duplex with 3 building storage units and out door RV/Boat storage space.
  • Listed by: Terence M Frewen 517.647.7511 tfrewen@coldwellbanker.com Brokerage DRE #6505304813 • Coldwell Banker Frewen Realty, LLC
Listing closed: 11/14/2024 12:00 AM • Source: Realcomp, MLS#: 630000282524
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Location

Listing Courtesy of Coldwell Banker Frewen Realty, LLC

Sold By Grand River Realty

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$3,414 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,713

Property Taxes

$701

HOA Dues

$0

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Property Information for 10350 Peake Road

Property Details
  • Taxes: $8,414 / year
  • MLS Type: Residential Income
  • County: Ionia County
  • Zoning Description: Other
Building Information
  • Year Built: 1995
  • Lot Size: 2.00 AC / 87,120 SF
Summary
Location and General Information
  • Directions: Grand River Ave. East of Portland to Peake Rd. west to property
  • Latitude: 42.842096
  • Longitude: -84.869607
  • MLS Area Major: Area34161Danby Twp
Taxes and HOA
  • Parcel Number: 3404001100001630
  • Tax Amount Summer: $8,414.00
  • Tax Annual Amount: $8,414.00
  • Tax Assessed Value: $184,985.00
  • Tax Legal Description: COM 880 FT W OF N 1/4 POST OF SEC; TH E 176 FT, TH S 495 FT, W 176 FT, N 495 FT TO POB SEC 11-5-5
  • Tax Year: 2024
School Information
  • High School District: Portland
Parking
  • Garage Spaces: 1.0
  • Parking Total: 10.0
  • Parking Features: Finished
Property
Lot Information
  • Frontage Length: 176
  • Lot Size Acres: 2.0
  • Lot Size Dimensions: 176x495
Property and Assessments
  • State Equalized Value: 208500.0
  • Table: MF
  • Living Area: 2604.0
  • Above Grade Finished Area: 2604.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Builder
  • Other Structures: Garages
  • Year Built: 1995
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Levels: Multi Split, One And One Half
  • Roof: Shingle
Financial Information
  • Current Financing: Conventional
Utilities
  • Electric: Service100Amp, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Cooling: Wall Units
  • Has Cooling: Yes
  • Flooring: Carpet, Linoleum, Tile
  • Heating: Hot Water
  • Has Heating: Yes
  • Laundry Features: Main Level
  • UnitThreeBedNumberOf: 1
Exterior Features
  • Fencing: Chain Link, Fenced, Front Yard, Privacy, Security
Multi Family
Multi Family Information
  • Number of Units Total: 47
  • Unit Records: 4
Income & Expenses
  • Electric Expense: $290.00
  • Gross Scheduled Income: $47,520.00
  • Insurance Expense: $2,855.00
  • Manager Expense: $3,600.00
  • Net Operating Income: $36,011.53
  • New Taxes Expense: $8,414.31
  • Other Expense: $4,389.16
Unit Information
Unit 1
  • Actual Rent: $1,525.00
  • Description: 10344 Peake
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Sq Ft: 1186.0
  • Type: Three Bedroom
Unit 2
  • Actual Rent: $1,650.00
  • Description: 10346 Peake Rd
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Sq Ft: 1418.0
  • Type: Four Bedroom Or More
Unit 3
  • Actual Rent: $320.00
  • Description: 20x80 storage unit
  • Type: Unknown Data Share
Unit 4
  • Actual Rent: $1,335.00
  • Description: 2-24'x110' storage
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 10350 Peake Road

DateEvent & SourcePriceAppreciation
Nov 14, 2024

Sold

Realcomp #630000282524

$525,000—
Oct 2, 2024

Contract Signed

Realcomp #630000282524

—
Jul 31, 2024

Listed (Active)

Realcomp #630000282524

$599,900—
DateEvent & SourcePrice
11/14/2024

Sold

Realcomp #630000282524

$525,000
10/02/2024

Contract Signed

Realcomp #630000282524

—
07/31/2024

Listed (Active)

Realcomp #630000282524

$599,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10350 Peake Road

Taxable ValueLand$21,300Additions$186,100Total$207,400
Tax Record2025$9,655 ($805 / month)
Home Facts
Baths2Total Finished SqFt3,192 SqFtAbove Grade Finished SqFt3,192 SqFtUnfinished Basement SqFt224 SqFtStories2Lot Size87,120 SqFtStyleDuplexYear Built1995Year Renovated1995CountyIONIAAPN34-040-011-000-016-30

Schools near 10350 Peake Road

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Oakwood Elementary School
Public - PK to 2
Westwood Elementary School
Public - 3 to 5
Portland Middle School
Public - 6 to 8
Portland High School
Public - 9 to 12
Rating
School
Distance
Oakwood Elementary School
PublicPK to 2

Westwood Elementary School
Public3 to 5

Portland Middle School
Public6 to 8

Portland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Frewen Realty, LLC

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