NOT LISTED FOR SALE

10527 Somerset Rd Cement City, MI 49233

Estimated Value: $247,000 - $292,000

3 Beds
2 Baths
1,560 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $117,000 $75 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,655/month

9 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of May 2016

Great lake access home to Lake somerset. Home features 3 bedrooms 2 full bathrooms. 2 kitchens, full finished walkout basement , 2 car attached garage and large deck off the back.

Last Agent to Sell the Property

Gena Foster

CHACE PROPERTIES LLC License #6502361281 Listed on: 03/29/2016

CHACE PROPERTIES LLC

Co-Listed By

Rob Gish

Your Future Investment Prop License #6502400209

Last Buyer's Agent

Robert Pringle

HOWARD HANNA REAL ESTATE SERVI License #6501380785

HOWARD HANNA REAL ESTATE SERVI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60 x 163

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Rolling Meadows Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,241

Year Built

Built in 1968

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 60 X 163
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1560.0
  • Tax Info:Annual Property Tax: 1240.6
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Assoc. Access
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Location Property Info:Subdivision2: Rolling Meadows
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 960.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1560.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Basement Rooms:Total Basement SQFT: 768.0
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 135000.0
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 180.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 60 X 163
  • Lot Size Sq Ft: 11325.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1240.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 3, 2016
Sold by
Fannie Mae
Bought by
Lewis Daniel D
Seller's Agent
Gena Foster
CHACE PROPERTIES LLC
Buyer's Agent
Robert Pringle
HOWARD HANNA REAL ESTATE SERVI
Sold Price
$117,000
Current Estimated Value
$273,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,360
Avg. Annual Appreciation
8.19%
Original Mortgage
$111,150
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2016
Sold by
Mcdermott Bernadine L
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 2010
Sold by
Mcdermott Bernadine L
Bought by
Mcdermott Bernadine L and Mcdermott Phillip E

Purchase Details

Closed on
Jan 2, 1983
Bought by
Mcdermott
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
Lewis Daniel D -- Best Homes Title Agency Llc
Fannie Mae -- Attorney
Mcdermott Bernadine L -- None Available
Mcdermott $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Daniel $140,265
Closed Lewis Daniel D $111,150
Previous Owner Mcdermott Bernadine L $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $117,000 -- $75 / 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 $1,946 $107,030 $0 $0
2024 $805 $105,140 $0 $0
2023 $767 $88,650 $0 $0
2022 $1,802 $78,070 $0 $0
2021 $1,744 $69,440 $0 $0
2020 $1,732 $67,760 $0 $0
2019 $1,726 $63,460 $0 $0
2018 $1,653 $63,260 $0 $0
2017 $1,594 $59,690 $0 $0
2016 $1,243 $59,550 $0 $0
2015 $506 $59,550 $0 $0
2013 $490 $54,170 $0 $0
2012 $479 $56,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21074737

Southwestern Michigan Association of REALTORS®

APN: 04-210-001-323