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225 B Street

225 B Street, Portland, MI 48875
Property in Portland
Sold Jul 25, 2018
$56,900
$54,055 by Fifth Third Mortgage Co
Mortgage Due Jan 01, 2048
Sold Sep 13, 2012
$35,000
225 B Street in Portland, MI was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 225 B Street has 1,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 680 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,146 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 225 B Street sold most recently in Jul 6, 2018 for a total of $56,900. If you work out the math, that's approximately a cost of $50.80 per sqft. Before that, the property was also sold for $35,000 in Aug 24, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $931 in taxes each year. The initial year of tax delinquency occurred in 2016. 225 B Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,400. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $43,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL - CITY OF PORTLAND
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CITY OF PORTLAND P.A.25 - TCV -2400. W 1/2 OF LOT 40,& LOT 41 EXC WLY 7 FT. ORIGINAL PLAT T6N R5W.

Ownership

  • Current Owner : MISHLER BRIAN K
  • Previous Owner : LASCALA JEFFREY
  • Previous Owner 2: LASCALA LISA
  • Owner Before Previous Owner: HENGESBACH ALICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland Public School District
  • School Tax School District: PORTLAND PUBLIC
  • Census Tract: 031400

Zoning

  • Zoning: F

Geography

  • District: 300
  • Parcel: 34-300-050-000-120-00
  • Lot: 40-41
  • Municipality: PORTLAND CITY
  • Latitude: 42.8696
  • Longitude: -84.9078

    Address

  • Full Address: 225 B St
  • Address - House Number: 225
  • Address - Street Name: B
  • Address - Suffix Type: St
  • State: MI
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1301
  • Zip Code: 48875

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $931
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 178,289
  • High Value: 222,448
  • Low Value: 134,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,055
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 25, 2018
  • First Open Lien Mortgage Loan Amount: $54,055
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $98,800
  • Market Land Value: $11,000
  • Market Improvement Value: $87,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,400
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $43,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Transaction ID: 11506055968
  • Current Sale Price: $56,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 13, 2012
  • Previous Sale Contract Date: Aug 24, 2012
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 25, 2018
  • First Mortgage Loan Amount: $54,055
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2048

About Portland



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Frequently Asked Questions

What neighborhood is 225 B Street located in?
The 225 B Street is a located in the neighborhood of Portland in Portland, Portland.
What is the average sales price for listings in 225 B Street?
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