24-003354.pdf
Stockbridge Entities LLC, Petitioner V Township Of Stockbridge, Respondent · 24-003354-TT
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Page 1
RECEIVED JUN 1 8 2025 Enclosed is information for the hearing on June 30, 2015 MICHIGAN TAX TRIBUNAL Stockbridge Entities LLC v Stockbridge Twp Docket # 24-003354 Parcel # 33-42-16-27-233-024 — Enclosed is a deed for the sale of this property 8/12/24 for $216,000 Parcel #33-42-16-27-233-023 — Enclosed is a list of properties similar to the subject that have sold dates from 2021 thru 2024. The average sale price of old downtown retail stores in the sample was $52/SF. The average of the sales in Stockbridge Township only was $53. The subject property is assessed at a true cash value of $300,000. This would indicate a $18/SF. At $18/SF it is clear, as the former assessor indicated, extra depreciation was added to the subject property for the condition of the buildings. Based on the above information, | believe the assessments on the 2024 roll represent % of fair market value. Sincerely, Renata Cunningham Assessor, Stockbridge Township Heidi Roenicke Deputy Assessor, Stockbridge Township
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Address
Gowlnit- Date-ofSale Sale Price
SQFT $/SF
SUBJECT
Stockbridge
3/31/2010]
$ 165,000 |
16967
10
140 S Clinton
Stockbridge
8/12/2024]
$ 116,000
1214
9
120 E Main
Stockbridge
5/16/2024]
$ 175,000
3640
48
116 Main
Stockbridge
2/24/2022] $69,000
4608
15
146 W Grand River
| Williamston
1/6/2022|
$ 143,800
1870
77
115
W Grand River
{Williamston
3/22/2023|
$ 332,500
4900
68
213 East
Mason
5/6/2021]
$ 150,000
5436
28
350 Jefferson
[Mason
5/13/2022]
$ 300,000
3124
9%
103 Maple
[Mason
9/23/2022[
$ 130,000
2827
46
1370 Mason
Ingham Twp
7/19/2023]
$ 105,000
5262
20
130 Main
Leslie
4/21/2023]
$ 150,000
479
31
101 Main |
Leslie
9/8/2023]
$ 150,000
9160
16
Vai
[Leslie
4/28/2023]
$ 850,000 |
14584
58
106 Bellevue
Leslie
12/15/2021] $60,000
3026
20
163 Main _
[Leslie
10/25/2022]
$ 210,000
4880
43
169 Main
Leslie
7/22/2022|
$ 310,000
4320
72
152 &154 iain
Leslie
9/1/2022]
$ 385,000
3740
103
* incl house in poor
Ave
52
cona
- $100,000
Just Stock
53Page 3
2024-019929 INGHAM COUNTY, MI M STATE or Cae REAL ESTATE x DERRICK QUINNEY ICHIG = TRANSFER TAX X REGISTER OF DEEDS INGHAM COUNTY, MI rh $1,620.00 ST THIS DOCUMENT WAS sii Gal) ash oro OFFICIAL LAND RECORD Instrument Number: 2024-019929 Number of Pages: 2 Arrival Date and Time: 8/22/2024 8:01:16 AM Recording Date and Time: 08/22/2024 2:54 PM Document Type: WARRANTY DEED | hereby certify that this instrument was RECEIVED and RECORDED on the date and times stamped above in the OFFICIAL PUBLIC RECORDS of the REGISTER OF DEEDS, INGHAM COUNTY, MICHIGAN. DERRICK QUINNEY REGISTER OF DEEDS INGHAM COUNTY, MICHIGAN
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| HEREBY CERTIFY that there are no TAX LIENS or TITLES held by the state or any individual against the within description, and all TAXES on same are paid for five years previous fo the dale of this instrument as appears by the records of this office, except as stated. ‘Alan Fox, Ingham County Treasurer Sec.135, Act 206, 1893 as amended 82112024 by TO WARRANTY DEED File No: 23-MI-07436 The Grantor, Stockbridge Entities, LLC, a Michigan Limited Liability Company whose address is 140 South Clinton Street, Stockbridge, MI 49285 conveys and warrants to Joseph Hardin and Jessica Rentfrow whose address is 18610 Williamsville Rd., Gregory, MI 48137 the following described premises: Property located in the Village of Stockbridge, County of Ingham, State of Michigan to wit: Lot | and the South one half of Lot 2, Block 11 of the Original Plat to the VILLAGE OF STOCKBRIDGE, according to the plat thereof recorded in Liber 5 of Deeds, Page 1 of Ingham County Records. Also The South 1/2 of Lot 11, and all of Lot 12, Block 11, VILLAGE OF STOCKBRIDGE, according to the plat thereof recorded in Liber 5 of Deeds, Page 1 of Ingham County Records. for the sum of two hundred sixteen thousand and NO/100 Dollars ($216,000.00), subject to easements, reservations and restrictions of record. ae A SX ,2024 Stockbridge Batis, LLC, a Michigan Limited Liability Company BY: gieih Look get, Aesrelics 7d tCook, Sole Member Ustate of Michigan County of _ wSh Le) The foregoing instrument was acknowledged before me this W day of] , 2024, by Judith Cook, gh. Sole Member of Stockbridge Entities, LLC, a Michigan Limited Liabilj [EEN LUEREE BRANCH 7 Le y NOTARY PUBLIC - STATE OF MICHIGAN VE 7h eget #754 COUNTY OF Washtenaw , Notary Public County, Michigan
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COMMERCIAL COMPARABLE SALE LOCAL UNIT 2000 PROPERTY ADDRESS 140 CLINTON ST PARCEL NUMBER: 33-42-16-27-233-024 SALE PRICE: 116,000.00 DATE OF SALE 08/01/24 TERMS OF SALE 03-ARM'S LENGTH GRANTOR: STOCKBRIDGE ENTITIES LLC GRANTEE LAND AREA OCCUPANCY Stores - Retail TOTAL FLOOR AREA 1,080 YEAR BUILT 1946 NO. OF STORIES 1 CLASS Cc GENERAL COMMENT Price per SF 0.600 107.41
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LOCAL UNIT PROPERTY ADDRESS PARCEL NUMBER: SALE PRICE: TERMS OF SALE OCCUPANCY TOTAL FLOOR AREA NO. OF STORIES GENERAL COMMENT COMMERCIAL COMPARABLE SALE 2012 120 MAIN ST 33-42-16-26-108-014 175,000.00 DATE OF SALE 05/16/24 Price per SF 03-ARM'S LENGTH 120 E MAIN ST LLC LAND AREA 0.072 Office Buildings 3,640 YEAR BUILT 1900 2 CLASS Cc 48.08
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COMMERCIAL COMPARABLE SALE LOCAL UNIT STOCKBRIDGE TWP PROPERTY ADDRESS 116 MAIN ST PARCEL NUMBER: 33-42-16-26-108-013 SALE PRICE: 69,000.00 DATE OF SALE 02/24/22 Price per SF 0.00 TERMS OF SALE 33-TO BE DETERMINED GRANTOR: BIVINS JERROLD & LOIS GRANTEE HAUBRICH SAUNDRA LAND AREA 0.072 OCCUPANCY Stores - Retail TOTAL FLOOR AREA 4,500 YEAR BUILT 1900 NO. OF STORIES 2 CLASS Cc GENERAL COMMENT
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COMMERCIAL COMPARABLE SALE LOCAL UNIT PROPERTY ADDRESS PARCEL NUMBER: SALE PRICE: 143,800.00 TERMS OF SALE WILLIAMSTON CITY GRAND RIVER 33-18-03-35-476-025 DATE OF SALE 01/06/22 03-ARM'S LENGTH GRANTOR: JOSEPH FAMILY LIMITED PARTNE GRANTEE BWI ENTERPRISES LLC LAND AREA OCCUPANCY Stores - Retail TOTAL FLOOR AREA NO. OF STORIES GENERAL COMMENT 1 YEAR BUILT 1940 CLASS Cc Price per SF 0.066 76.90
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COMMERCIAL COMPARABLE SALE LOCAL UNIT WILLIAMSTON CITY PROPERTY ADDRESS 115 GRAND RIVER PARCEL NUMBER: 33-18-03-35-479-035 SALE PRICE: 332,500.00 DATE OF SALE 03/22/23 Price per SF TERMS OF SALE 03-ARM'S LENGTH GRANTOR: HILLCO PROPERTIES LLC GRANTEE DWBLLC LAND AREA 0.072 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 4,900 YEAR BUILT 1900 NO. OF STORIES 2 CLASS Cc GENERAL COMMENT 67.86
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COMMERCIAL COMPARABLE SALE LOCAL UNIT 0 PROPERTY ADDRESS 213 EAST PARCEL NUMBER: 33-19-10-05-478-017 SALE PRICE: 150,000.00 DATE OF SALE 05/06/21 Price per SF 27.59 TERMS OF SALE 03-ARM'S LENGTH GRANTOR: HOWARD TAMARA & RAMBIS SUSA GRANTEE STILES JENNIFER J LAND AREA 0.230 OCCUPANCY Stores - Retail TOTAL FLOOR AREA 5,436 YEAR BUILT 1900 NO. OF STORIES 1 CLASS Cc GENERAL COMMENT
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LOCAL UNIT COMMERCIAL COMPARABLE SALE MASON CITY JEFFERSON PROPERTY ADDRESS 350 PARCEL NUMBER: SALE PRICE: TERMS OF SALE GRANTOR: GRANTEE OCCUPANCY 300,000.00 33-19-10-08-236-029 DATE OF SALE 05/13/22 Price per SF 03-ARM'S LENGTH ROBINSON REALTY LLC ALLYNN INVESTMENTS LLC LAND AREA 0.041 Stores - Retail TOTAL FLOOR AREA 3,124 NO. OF STORIES 1 GENERAL COMMENT YEAR BUILT 1900 CLASS C 0.00
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COMMERCIAL COMPARABLE SALE LOCAL UNIT MASON CITY PROPERTY ADDRESS 103 MAPLE PARCEL NUMBER: 33-19-10-09-104-019 SALE PRICE: 130,000.00 DATE OF SALE 09/23/22 TERMS OF SALE 08-ESTATE GRANTOR: D & S VENTURES LLC GRANTEE D & S VENTURES LLC LAND AREA OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 2,834 YEAR BUILT 1900 NO. OF STORIES 1 CLASS Cc GENERAL COMMENT Price per SF 0.030 0.00
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COMMERCIAL COMPARABLE SALE LOCAL UNIT INGHAM TWP PROPERTY ADDRESS 1370 MASON ST PARCEL NUMBER: 33-41-11-22-202-023 SALE PRICE: 105,000.00 DATE OF SALE 07/19/23 Price per SF TERMS OF SALE 03-ARM'S LENGTH GRANTOR: JLM LAND LLC GRANTEE DANSVILLE 1370 LLC LAND AREA 0.361 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 5,262 YEAR BUILT 1920 NO. OF STORIES 2 CLASS D,Frame GENERAL COMMENT 19.95
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COMMERCIAL COMPARABLE SALE LOCAL UNIT LESLIE CITY PROPERTY ADDRESS 130 MAIN PARCEL NUMBER: 33-17-14-28-201-017 SALE PRICE: 150,000.00 DATE OF SALE 04/21/23 Price per SF TERMS OF SALE 03-ARM’'S LENGTH GRANTOR: NOWICKI SEAN & APRIL GRANTEE SAVED BY ZADE LAND AREA 0.077 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 4,796 YEAR BUILT 1900 NO. OF STORIES 2 CLASS C GENERAL COMMENT 31.28
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COMMERCIAL COMPARABLE SALE LOCAL UNIT LELSIE CITY PROPERTY ADDRESS 101 MAIN PARCEL NUMBER: 33-17-14-28-202-001 SALE PRICE: 150,000.00 DATE OF SALE 09/08/23 Price per SF 16.38 TERMS OF SALE 03-ARM’'S LENGTH GRANTOR: MITCHELL JAMES & NANCY GRANTEE HOWE ROBERT E JR REV TRUST LAND AREA 0.147 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 9,160 YEAR BUILT 0 NO. OF STORIES 2 CLASS Cc GENERAL COMMENT
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LOCAL UNIT COMMERCIAL COMPARABLE SALE LESLIE CITY PROPERTY ADDRESS 108 MAIN PARCEL NUMBER: 33-17-14-28-201-013 SALE PRICE: 850,000.00 DATE OF SALE 04/28/23 TERMS OF SALE 03-ARM’'S LENGTH GRANTOR: 114 S MAIN LLC GRANTEE SUBLIME PROPERTIES LLC LC LAND AREA OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 7,146 YEAR BUILT 1900 NO. OF STORIES 2 CLASS Cc GENERAL COMMENT Price per SF 0.106 118.95
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COMMERCIAL COMPARABLE SALE LOCAL UNIT LESLIE CITY PROPERTY ADDRESS 114 MAIN PARCEL NUMBER: 33-17-14-28-201-014 SALE PRICE: 850,000.00 DATE OF SALE 04/28/23 Price per SF 114.28 TERMS OF SALE 03-ARM’S LENGTH GRANTOR: 114 S MAIN LLC GRANTEE SUBLIME PROPERTIES LLC LC LAND AREA 0.120 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 7,438 YEAR BUILT 1920 NO. OF STORIES 2 CLASS Cc GENERAL COMMENT
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LOCAL UNIT COMMERCIAL COMPARABLE SALE PROPERTY ADDRESS 106 BELLEVUE PARCEL NUMBER: 33-17-14-21-454-017 SALE PRICE: 60,000.00 DATE OF SALE TERMS OF SALE 03-ARM'S LENGTH GRANTOR: WORTHINGTON PLACE APARTMEN GRANTEE PRESTON THOMAS & TAMMELLA OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 3,026 YEAR BUILT NO. OF STORIES 2 CLASS Cc GENERAL COMMENT 12/15/21 LAND AREA 1887 Price per SF 19.83 0.038
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LOCAL UNIT PROPERTY ADDRESS 163 PARCEL NUMBER: SALE PRICE: TERMS OF SALE 210,000.00 COMMERCIAL COMPARABLE: SALE MAIN 33-17-14-28-202-019 DATE OF SALE 10/25/22 Price per SF 03-ARM'S LENGTH GRANTOR: SHEAN MARY GRANTEE CAMRY PROPERTY LLC LAND AREA 0.130 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 4,880 YEAR BUILT 1890 NO. OF STORIES 2 CLASS Cc GENERAL COM MENT 43.03
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COMMERCIAL COMPARABLE SALE SOLLI. LOCAL UNIT PROPERTY ADDRESS 169 MAIN PARCEL NUMBER: 33-17-14-28-202-015 SALE PRICE: 310,000.00 DATE OF SALE 07/22/22 Price per SF 71.76 TERMS OF SALE 03-ARM'S LENGTH GRANTOR: HOWE ROBERT E JR GRANTEE 169 8 MAIN, LLC LAND AREA 0.112 OCCUPANCY Convention Centers TOTAL FLOOR AREA 4,320 YEAR BUILT 1934 NO. OF STORIES 1 CLASS Cc GENERAL COMMENT
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COMMERCIAL COMPARABLE SALE LOCAL UNIT LESLIE CITY PROPERTY ADDRESS 162 MAIN PARCEL NUMBER: 33-17-14-28-201-020 SALE PRICE: 385,000.00 DATE OF SALE 09/01/22 Price per SF 0.00 TERMS OF SALE 20-MULTI PARCEL SALE RE GRANTOR: 152-154 MAIN ST LLC GRANTEE 152 S MAIN STREET LLC LAND AREA 0.058 OCCUPANCY Shopping Centers - Mixed w/Resident TOTAL FLOOR AREA 3,740 YEAR BUILT 1900 NO. OF STORIES 1 CLASS Cc GENERAL COMMENT
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ay, ET : PNY iggy STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR Stocbridge Entities LLC ; MICHIGAN TAX TRIBUNAL Petitioner(s) v MTT Docket No.24-003354 Stockbridge Township " Respondent(s) PROOF OF SERVICE Heidi Roenicke states that on 6/9/25 he/she [Name of person serving/mailing petition] [date of service] served a copy of the Respondent Evidence relative to the above-captioned matter upon: [Provide name and address of the party/people being served] Stockbridge Entities LLC 9321 W Mason Fowlerville, Ml 48836 A DONS [Signature of person who is serving/mailing copy] \ WN etan 12g enn Ne [Print/type name of person serving/mailing copy]
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