3509 Ostrum Road

Sold 8/28/15
Sold 8/28/15
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Sold
Last Sold Price
$102,000
6 beds4 baths
3509 Ostrum Road, Belding, MI 48809
Multi FamilyProperty Type
1.26 acresLot Size
1900Year Built
4 carsParking Spaces

Description

Large 4-Unit house on 1.26 acre corner lot. All units are rented and have excellent rental history. All units include electric range and refrigerator. All Units have their own utilities, fifth meter for pump, water softener and security light. Two units on main, two units up with covered steps to upper units. Rent is collected on a weekly basis and paid as follows: Units 1 & 2 - $125.00 weekly,(these are 2-Bedroom, 1 Bath) Units 3 & 4 - $100.00 weekly. (these are 1- Bedroom, 1 Bath) Excellent Rental...Large 4-Unit house on 1.26 acre corner lot. All units are rented and have excellent rental history. All units include electric range and refrigerator. All Units have their own utilities, fifth meter for pump, water softener and security light. Two units on main, two units up with covered steps to upper units. Rent is collected on a weekly basis and paid as follows: Units 1 & 2 - $125.00 weekly,(these are 2-Bedroom, 1 Bath) Units 3 & 4 - $100.00 weekly. (these are 1- Bedroom, 1 Bath) Excellent Rental History. Many improvements done in the last 5 years by current Owner including,New Windows in Lower Units, New Siding, new toilets, New Flooring in all kitchens and Baths and all new Carpeting. Sq Ftg total 2,588, each unit Sq Ftg approx. Buyer to confirm
  • Listed by: Marlene L Kroft 616.364.8831 marlenekroft@gmail.com Brokerage DRE #6505316126 • ERA Reardon Realty Great Lakes
Listing closed: 08/28/2015 12:00 AM • Source: Michigan Regional Information Center, MLS#: 15031191

Recent comparable sales

Median sold price

$440,000

Avg days on market

28

Sale-to-list ratio

93.5%

Belding, MI

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Property Information for 3509 Ostrum Road

Property Details
  • Taxes: $3,230 / year
  • MLS Type: Residential Income / Multi Family
  • County: Ionia County
  • Zoning: Res
  • ZoningDescription: Res
Building Information
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 1.26 AC / 54,885 SF
Summary
Location and General Information
  • Cross Streets: M44
  • Municipality: Orleans Twp
  • Directions: M44 (Belding Rd) to Ostrum
  • Area - Major: Grand Rapids - G
  • Street #: 3509
  • Street Name: OSTRUM
  • Suffix: Road
  • City: Belding
  • State: MI
  • Zip Code: 48809
  • County: Ionia
  • Latitude: 43.075825
  • Longitude: -85.147884
  • Area - Minor: Grand Rapids - G
Taxes and HOA
  • Taxable Value: 74631.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 120-021-000-055-00
  • Homestead: 0
  • SEV: 83200
Parking
  • Parking Total: 4.0
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Dimensions: 246.5x200
  • Lot Measurement: Acres
  • Lot Acres: 1.26
  • Lot Square Footage: 54885.0
  • Lot Size Area: 1.26
Property and Assessments
  • Tax Year: 2015
  • Legal: COM AT N 1/4 COR OF SEC TH W 246.5 FT. S 250 FT. E 246.5 FT. N 250 FT TO POB SEC 21-8-7
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Propane
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Phone Available
  • Utilities Attached: Propane
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Street Type: Public
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Full, Michigan Basement
Interior Features
  • Heating: Baseboard, Forced Air
  • Basement: Yes
  • Cooling: None
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: No
  • Heating: Yes
  • Heat Source: Electric, Propane
  • Heat Type: Baseboard, Forced Air
  • Air Conditioning: None
Multi Family
Multi Family Information
  • Number of Units: 4
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $500.00
  • Occupied: Yes
  • SqFt: 820.0
  • Description: LR, KIT, Occupied
Unit 2
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $500.00
  • Occupied: Yes
  • SqFt: 820.0
  • Description: LR, Kit
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $400.00
  • Occupied: Yes
  • SqFt: 500.0
  • Description: Kit,LR, DNG
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $400.00
  • Occupied: Yes
  • SqFt: 448.0
  • Description: LR, Kit
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas
  • Owner Pays: Trash Collection
  • Terms Available: Cash, Conventional

Property History for 3509 Ostrum Road

DateEvent & SourcePriceAppreciation
Aug 28, 2015

Sold

Michigan Regional Information Center #15031191

$102,000—
Aug 28, 2015

Sold

Realcomp #65015031191

$102,000—
Aug 3, 2015

Contract Signed

Michigan Regional Information Center #15031191

—
DateEvent & SourcePrice
08/28/2015

Sold

Michigan Regional Information Center #15031191

$102,000
08/28/2015

Sold

Realcomp #65015031191

$102,000
08/03/2015

Contract Signed

Michigan Regional Information Center #15031191

—

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

Public Records for 3509 Ostrum Road

Taxable ValueLand$19,900Additions$135,400Total$155,300
Tax Record2025$5,109 ($426 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,794 SqFtAbove Grade Finished SqFt2,794 SqFtUnfinished Basement SqFt1,024 SqFtStories2Lot Size61,637 SqFtStyleSingle Family ResidenceCountyIONIAAPN34-120-021-000-055-00

Schools near 3509 Ostrum Road

This home is within Belding Area School District.
Rating
School
Type
Grades
Distance
Ellis Elementary School
Public - PK to 2
Woodview Elementary School
Public - 3 to 5
Belding Middle School
Public - 6 to 8
Belding High School
Public - 9 to 12
Rating
School
Distance
Ellis Elementary School
PublicPK to 2

Woodview Elementary School
Public3 to 5

Belding Middle School
Public6 to 8

Belding 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3509 Ostrum Road, Belding, MI 48809
$102,000
6
4
–
54,885
3543 Ostrum Road, Belding, MI 48809
$105,000
4
1,228
36,895
3546 Belding Road, Belding, MI 48809
$139,000
3
1,300
127,630
3538 Belding Road, Belding, MI 48809
–
–
2.5
2,604
188,179
3578 Belding Road, Belding, MI 48809
$130,000
–
2
1,232
83,200
3346 Belding Road, Orleans, MI 48865
–
–
1
1,248
108,029

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Listing Courtesy of ERA Reardon Realty Great Lakes

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