NOT LISTED FOR SALE

107 Risch Rd N Webberville, MI 48892

Estimated Value: $275,000 - $300,000

3 Beds
2 Baths
1,326 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $153,500 $116 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,750/month

51 Days on Market

Highlights

  • 2.73 Acre Lot
  • No HOA
  • 2 Car Detached Garage
  • A-Frame, Dome or Log Home
  • Home Office
  • Living Room

About This Home

As of December 2016

Nice log home on almost 3 acres. Oversized garage has horse stalls. Tree stand for your hunting needs. Very private and secluded home.

Last Agent to Sell the Property

Randall Brookshire

Century 21 Affiliated License #6506034828 Listed on: 08/05/2016

Century 21 Affiliated

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1987

Lot Details

  • 2.73 Acre Lot
  • The property's road front is unimproved
  • Property is zoned AG, AG

Parking

  • 2 Car Detached Garage

Home Design

  • A-Frame, Dome or Log Home
  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Heating Available
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Log Home
  • Year Built: 1987
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 107.09
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1326.0
  • Tax Info:Annual Property Tax: 2555.0
  • Tax Info:Zoning3: AG
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1326.0
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style Log Home: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1326.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Log
  • List Price: 142000.0
  • Road Surface Type: Unimproved
  • Exterior Material:Log: 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

  • Laundry Features: Lower Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 2.73
  • Lot Size Area: 2.73
  • Lot Size Sq Ft: 118919.0
  • Zoning Description: AG

Tax Info

  • Tax Annual Amount: 2555.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
Johnson Tracy and Ellerholz Bradley A
Bought by
Johnson Tracy and Ellerholz Tracy
Current Estimated Value
$284,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,800
Outstanding Balance
$125,094
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$163,645

Purchase Details

Listed on
Aug 5, 2016
Closed on
Dec 7, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Johnson Tracy and Ellerholz Bradley A
Seller's Agent
Randall Brookshire
Century 21 Affiliated
Buyer's Agent
No Member
Non Member Sales
List Price
$142,000
Sold Price
$153,500
Premium/Discount to List
$11,500
8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$149,063
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2016
Sold by
Myers Heather L
Bought by
Jpm Morgan Chase Bank

Purchase Details

Closed on
Dec 16, 2003
Sold by
Griffes Edward R and Griffes Margaret R
Bought by
Myers Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Griffes Edward R and Griffes Margaret
Bought by
Griffes Edward R and Griffes Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Tracy -- Liberty Title
Johnson Tracy $153,500 None Available
Jpm Morgan Chase Bank $230,158 None Available
Myers Heather L $217,500 American Title Company Of Li
Griffes Edward R -- Select Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tracy $149,800
Closed Johnson Tracy $149,063
Previous Owner Myers Heather L $174,000
Previous Owner Griffes Edward R $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $153,500 +8.1% $116 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $142,000 -- $107 / Sq Ft
Source: MichRIC

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 $3,306 $123,300 $15,600 $107,700
2024 $3,140 $120,900 $15,600 $105,300
2023 $1,582 $101,000 $14,300 $86,700
2022 $1,582 $91,000 $14,300 $76,700
2021 $1,582 $84,600 $0 $0
2020 $2,808 $83,900 $0 $0
2019 $2,739 $80,700 $14,300 $66,400
2018 $2,688 $76,100 $14,300 $61,800
2017 $2,524 $73,600 $11,100 $62,500
2016 -- $95,800 $8,900 $86,900
2015 -- $82,100 $17,782 $64,318
2014 -- $80,500 $17,782 $62,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23117094

MichRIC

APN: 12-12-01-300-018