NOT LISTED FOR SALE

1020 Osburn Cir Big Rapids, MI 49307

Estimated Value: $201,166 - $316,000

2 Beds
1 Bath
900 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $59,500 $66 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $1,522/month

35 Days on Market

Highlights

  • Private Waterfront
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Pole Barn
  • Living Room
  • 1-Story Property

About This Home

As of September 2014

Lots of potential with this cozy 2 bedroom bungalow located in the city of Big Rapids on the Muskegon River. Private setting with low traffic & 2 garages. Bank owned - priced to sell.

Last Agent to Sell the Property

Laura Veersma

Big Rapids Realty License #6501312844 Listed on: 08/06/2014

Last Buyer's Agent

Joseph McNally

Crossroads Realty of Michigan

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 162x218x115x119
  • Private Waterfront
  • 115 Feet of Waterfront

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Property is near a ravine

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1952
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 162x218x115x119
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2379.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 115.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 900.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 84000.0
  • Lot Features: Ravine
  • Other Structures: Pole Barn
  • Roof: Composition
  • Water Body Name: Muskegon River
  • Waterfront Features: River
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public, Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Dimensions: 162x218x115x119
  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2379.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Katter Vanessa
Bought by
Hensel Jason J
Current Estimated Value
$236,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,797
Outstanding Balance
$107,833
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$128,459

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 26, 2014
Sold by
Chemical Bank
Bought by
Katter Vanessa
Seller's Agent
Laura Veersma
Big Rapids Realty
Buyer's Agent
Joseph McNally
Crossroads Realty of Michigan
List Price
$84,000
Sold Price
$59,500
Premium/Discount to List
-$24,500
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Yeoman Matthew J
Bought by
Chemical Bank

Purchase Details

Closed on
Aug 31, 2007
Sold by
Kegler Kaci Sue and Baars Kaci Sue
Bought by
Yeoman Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Mcmellen Melissa L
Bought by
Baars Kaci Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Hensel Jason J $128,500 Lakeland Title
Katter Vanessa $59,500 Cfc Title
Chemical Bank $70,975 None Available
Yeoman Matthew $114,000 Lakeland Title
Baars Kaci Sue $106,000 Mecosta County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensel Jason J $129,797
Previous Owner Yeoman Matthew $108,300
Previous Owner Baars Kaci Sue $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $59,500 -29.2% $66 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $84,000 -- $93 / 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 $3,274 $90,800 $0 $0
2024 -- $81,500 $0 $0
2023 -- $75,000 $0 $0
2022 $3,230 $65,100 $0 $0
2021 $3,230 $62,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14045663

Southwestern Michigan Association of REALTORS®

APN: 5417-014-431-006