Sold

$405,000

58146 M 40, Jones, MI 49061

2beds

2baths

1,328sqft

5+ Units

Built in 1990

-- sqft lot

$451,400 Zestimate^®

$305/sqft

$1,483 Estimated rent

Home value

$451,400

$379,000 - $533,000

$1,483/mo

Zestimate^® history

Owner options

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$1,483/mo

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$1,483/mo

Rent Zestimate^®

Refinance and save

$2,498/mo

Est. payment

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$2,498/mo

Est. payment

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What's special

Soaking tubSliding doors

Multi-unit investment opportunity with land to expand! This 27 acre property has 3 garden style duplexes, each with dual studio rentals. Units had roofs updated in 2017 & many mechanicals were updated at the same time. This property was once known as the Sanctuary at Wildwood. Each unit has an open concept living area with a soaking tub with jets, a fireplace, and sliding doors to enjoy the scenic surroundings. One unit features handicap restroom. One duplex has a solar array that supplies power for two units. This property is located close to Swiss Valley Ski & Snowboard Area and M-40 Speedway and has potential for STRs as well as space for additional units to be constructed. Property has an outbuilding for storage of tractor or other maintenance items. Call for detai

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Baseboard, Forced Air

Cooling

Wall Unit(s)

Features

Basement: Slab

Interior area

Total interior livable area: 1,328 sqft

Property

Parking

Total spaces: 20
Parking features: Driveway, Gravel

Accessibility

Accessibility features: Accessible Bath Sink, No Step Entrance

Lot

Size: 26.83 Acres
Dimensions: Irregular (716 ft of frontage)
Features: Rolling Hills, Recreational, Wetland Area, Wooded

Details

Parcel number: 1408001500201

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Phone Available, Electricity Available, Cable Available, Phone Connected, Electricity Connected, Cable Connected, Propane

Community & neighborhood

Location

Region: Jones

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
11/30/2023	Sold	$405,000-9.9%$305/sqft
Source: MichRIC #23029092 Report a problem
8/18/2023	Pending sale	$449,500$338/sqft
Source: MichRIC #23029092 Report a problem
8/10/2023	Listed for sale	$449,500+38.3%$338/sqft
Source: MichRIC #23029092 Report a problem
11/15/2021	Sold	$325,000+8.4%$245/sqft
Source: Public Record Report a problem
8/2/2021	Pending sale	$299,900$226/sqft
Source: MichRIC #21095461 Report a problem
7/23/2021	Listed for sale	$299,900+66.6%$226/sqft
Source: MichRIC #21095461 Report a problem
5/8/2017	Sold	$180,000$136/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,405 +25.6%	$191,800 -7.7%
2024	$7,485 +5%	$207,900 +19.9%
2023	$7,131	$173,400 +6.3%
2022	--	$163,100 +13.6%
2021	$5,855 +5.9%	$143,600 -1.4%
2020	$5,530	$145,600 +2.3%
2019	$5,530 +315.2%	$142,300 +14.8%
2018	$1,332 -15.6%	$124,000 -16.5%
2017	$1,579 +0.9%	$148,500 -2.6%
2016	$1,564	$152,400 +5%
2015	--	$145,200 -2.9%
2011	--	$149,480