NOT LISTED FOR SALE

1071 Cove Rd Wales, MI 48027

Wales Township Neighborhood

Estimated Value: $195,631 - $232,000

3 Beds
1 Bath
1,225 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $78,500 $64 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,234/month

192 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • Porch
  • Memphis Elementary School Rated 9+
  • 2.5 Car Detached Garage
  • Laundry Room

About This Home

As of October 2016

This bungalow is perfect for first time home buyers, downsizers, or it will be a great investment opportunity! Double your money with your return on investment. You could rent this out for 800.00 month. This home sits on a large, treed lot on a paved road just minutes from M-19 and I-69. It has a bedroom and laundry room on the first floor and a second bedroom with large loft upstairs with the potential to have a third bedroom. There is a large living room with built-in bookshelves, an eat-in area in the kitchen and separate formal dining room, and a huge 2+ car heated garage. This home has a chimney if you would like to install a woodburning stove. Natural gas is available at the road. Not in flood zone!!

Last Agent to Sell the Property

Jason Brickel

KW Platinum License #MISPE-6501372021 Listed on: 02/07/2016

KW Platinum

Last Buyer's Agent

Marie Waymaster

Coldwell Banker Professionals License #MISPE-6501391767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 189x170
  • Rural Setting

Home Design

  • Bungalow

Interior Spaces

  • 1,225 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Entryway
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

  • Michigan Basement
  • Sump Pump
  • Crawl Space

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Workshop in Garage
  • Lighted Parking
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 31-745-0022-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type: Investment
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 936
  • Total Tax Year: 2015
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Sump Pump
  • Appliances: Water Softener - Owned
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 11
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Room Types: Entry, First Floor Bedroom, Loft, Lower Level Laundry, Utility/Laundry Room
  • Dining Room: On Entry Level, Dimensions: 12 x 11
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Kitchen Features: Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 21 x 11
  • Other Room1: Dimensions: 18x11, On Level: Upper
  • Above Grade Finished Sq Ft: 1225
  • Total Finished Sq Ft: 1225

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch, Satellite Dish, Street Lights
  • Foundation: Basement, Crawl
  • Frontage: 189
  • Road: Paved Street
  • Sideof Street: W

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener, Heated Garage, Workshop
  • Garage Spaces: 2.5
  • Parking: Garage, Lighted
  • Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas, LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 31-745-0022-000
  • Zoning: Residential
  • Location: Main Street, Rural
  • Lot Description: Sloping
  • Lot Dimensions: 189X170
  • Acreage: 0.6
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $354.00
  • Winter Tax: Year: 2015, Amount: $582.00
  • Taxable Value: 89000
  • Total Tax: Year: 2015, Amount: $936.00
  • SEV Year: 2015

MLS Schools

  • School District: Memphis Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2016
Closed on
Oct 4, 2016
Sold by
Dickson George A and Dickson Jessica
Bought by
Dickson George A and Dickson Jessica
Seller's Agent
Jason Brickel
KW Platinum
Buyer's Agent
Marie Waymaster
Coldwell Banker Professionals
List Price
$75,000
Sold Price
$78,500
Premium/Discount to List
$3,500
4.67%
Current Estimated Value
$209,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,484
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Kabat Ricky A and Kabat Kimberly C
Bought by
Clark Douglas and Kabat Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,826
Outstanding Balance
$51,530
Interest Rate
4.96%
Mortgage Type
New Conventional
Estimated Equity
$158,068
Source: Public Records

Range of Values:

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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
Dickson George A -- Attorney
Clark Douglas $75,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Douglas $77,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $78,500 +5.4% $64 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $74,500 -0.7% $61 / Sq Ft
02/07/2016 02/07/16 For Sale $75,000 -- $61 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,018 $82,100 $0 $0
2024 $1,018 $77,600 $0 $0
2023 $969 $73,500 $0 $0
2022 $1,608 $65,500 $0 $0
2021 $1,494 $54,300 $0 $0
2020 $1,494 $54,000 $54,000 $0
2019 $1,450 $51,200 $0 $0
2018 $1,485 $51,200 $0 $0
2017 $1,473 $47,100 $0 $0
2016 $355 $47,100 $0 $0
2015 -- $44,500 $44,500 $0
2014 -- $33,400 $33,400 $0
2013 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Brickel

    Seller's Agent in 2016

    Jason Brickel

    KW Platinum

    (586) 453-8957

    18 in this area

    88 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Marie Waymaster

    Coldwell Banker Professionals

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31278828

Michigan Multiple Listing Service

APN: 31-745-0022-000

Michigan St. Clair County Wales 48027 Wales Township

1071 Cove Rd, Wales, MI

This home is located at 1071 Cove Rd, Wales, MI 48027 since 07 February 2016 and is currently estimated at $210,658, approximately $171 per square foot. This property was built in 1920. 1071 Cove Rd is a home located in St. Clair County with nearby schools including Memphis Elementary School and Memphis Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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