NOT LISTED FOR SALE

Estimated Value: $391,000 - $458,000

2 Beds
1 Bath
1,474 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $163,000 $111 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,549/month

2 Days on Market

Highlights

  • 5.32 Acre Lot
  • Deck
  • Pole Barn
  • Dutton Elementary School Rated A
  • Family Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2016

HUD Home. This spectacular ranch in Caledonia schools sits on a fantastic private setting on 5+ acres. Huge pole barn with cement floors and electric is included! Private driveway leads you back to a sprawling ranch with full walkout. Home has 2 fireplaces, updated cabinets, large 2 tier deck, koi pond, hot tub, cathedral ceilings, and a family room. 2 bedrooms and a bath finished in the lower level. Great property! Please see attached documents for important information on HUD Homes, LBP Disclosures, Addendums and Bidding.

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 01/12/2016

Last Buyer's Agent

Lori Wood Beduhn

At Home Real Estate License #6501262117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1972

Lot Details

  • 5.32 Acre Lot
  • Lot Dimensions are 171.06 x 930.43 x 440.09 x 270
  • Lot Has A Rolling Slope
  • Property is zoned R-2, R-2

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Heating System Uses Propane
  • Radiant Heating System
  • Hot Water Heating System
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 171.06 x 930.43 x 440.09 x 270
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1474.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2534.0
  • Tax Info:Zoning3: R-2
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 2.0
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Walk Out: Yes
  • Substructure:Daylight: Yes
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1474.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Daylight, Walk-Out Access
  • LivingArea: 1474.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1318.0
  • Fireplace:Living: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 168000.0
  • Lot Features: Rolling Hills
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Hot Water, Radiant
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.32
  • Lot Size Area: 5.32
  • Lot Dimensions: 171.06 x 930.43 x 440.09 x 270
  • Lot Size Sq Ft: 231739.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2534.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 1, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Hamann Jimmie C
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Lori Wood Beduhn
At Home Real Estate
List Price
$168,000
Sold Price
$163,000
Premium/Discount to List
-$5,000
-2.98%
Current Estimated Value
$417,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,585
Avg. Annual Appreciation
10.63%
Original Mortgage
$160,047
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2015
Sold by
Matrix Financial Services Corporation
Bought by
Secretary Of Housing An Urban Developmen

Purchase Details

Closed on
Jul 9, 2014
Sold by
Wenk Jeffrey R and Wenk Lisa M
Bought by
Matrix Financial Services Corporation

Purchase Details

Closed on
Jun 8, 2007
Sold by
Sinclair Barbara J and Sinclair Terrance E
Bought by
Wenk Jeffrey R and Wenk Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,162
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2006
Sold by
Sinclair Barbara J
Bought by
Azzar Industry Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamann Jimmie C $163,000 Lighthouse Title
Secretary Of Housing An Urban Developmen -- Attorney
Matrix Financial Services Corporation $202,854 None Available
Wenk Jeffrey R $204,768 Metropolitan Title Company
Azzar Industry Inc -- Unified Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hamann Jimmie C $232,800
Closed Hamann Jimmie C $158,520
Closed Hamann Jimmie C $160,047
Previous Owner Wenk Jeffrey R $203,162
Previous Owner Sinclair Terrance E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $163,000 -3.0% $111 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $168,000 -- $114 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,285 $202,800 $0 $0
2024 $3,285 $175,700 $0 $0
2022 $3,285 $149,900 $0 $0
2021 $3,285 $125,600 $0 $0
2020 $3,285 $130,000 $0 $0
2019 $3,285 $110,700 $0 $0
2018 $3,221 $108,200 $0 $0
2017 $0 $98,300 $0 $0
2016 $0 $94,200 $0 $0
2015 -- $94,200 $0 $0
2013 -- $86,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16001189

Southwestern Michigan Association of REALTORS®

APN: 41-24-06-400-050