NOT LISTED FOR SALE

1116 Franklin St Midland, MI 48640

Estimated Value: $104,000 - $142,643

2 Beds
1 Bath
1,444 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $124,000 $86 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $927/month

48 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Living Room
  • Northeast Middle School Rated A-
  • 2 Car Detached Garage
  • Home Security System

About This Home

As of August 2022

Come see this wonderful house!! All the work has been done, so you can move right in! 2 large bedrooms and partially finished basement, plus large, fenced backyard allows you and your family lots of space. Nice 2 car detached garage. Ceiling fans, central air. Generator. Quaint neighborhood close to the Community Center and downtown. Seller is a licensed contractor.

Last Agent to Sell the Property

Julia Compton

MID-LAND REALTORS License #MBR-6501382145 Listed on: 06/17/2022

MID-LAND REALTORS

Last Buyer's Agent

Carrie Postma

RE/MAX of Midland License #MBR-6501433142

RE/MAX of Midland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Entryway
  • Living Room
  • Basement
  • Block Basement Construction
  • Home Security System
  • Oven or Range
  • Laundry on lower level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Central Park Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Dow Chemical Companys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-40-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,794

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1192.6
  • Total Tax Year: 2021
  • Year Built: 1937
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Security System
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 11 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 11 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: Entry, First Floor Bedroom, First Flr Primary Bedroom, Living Room, Lower Level Laundry
  • Kitchen: On Main Floor, Dimensions: 11 x 9
  • Kitchen Floor Covering: Laminate
  • Living Room: On Main Floor, Dimensions: 15 x 11
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 672
  • Finished Below Grade Sq Ft: 672
  • Above Grade Finished Sq Ft: 772
  • Total Finished Sq Ft: 1444

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Frontage: 60
  • Road: City/County, Curbed, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Schools

  • Elementary School: Central Park

Lot Info

  • Assessor Parcel Number: 14-16-40-080
  • Zoning: Residential
  • Lot Dimensions: 60x120
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $939.79
  • Winter Tax: Year: 2021, Amount: $252.81
  • Total Tax: Year: 2021, Amount: $1,192.60

MLS Schools

  • Elementary School: Central Park
  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 5, 2022
Sold by
Wayne Strobel
Bought by
Archbold Jeff and Archbold Chanin
Seller's Agent
Julia Compton
MID-LAND REALTORS
Buyer's Agent
Carrie Postma
RE/MAX of Midland
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Current Estimated Value
$126,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,823
Avg. Annual Appreciation
0.38%
Original Mortgage
$99,200
Outstanding Balance
$95,305
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$30,106

Purchase Details

Closed on
Aug 23, 2019
Sold by
Stafford Vivian L
Bought by
Strobel Wayne
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
Archbold Jeff $124,000 None Listed On Document
Strobel Wayne $5,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archbold Jeff $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $124,000 -4.5% $86 / Sq Ft
06/17/2022 06/17/22 For Sale $129,900 -- $90 / Sq Ft
Source: Midland Board 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 $2,794 $59,000 $0 $0
2024 $1,936 $51,000 $0 $0
2023 $1,844 $45,500 $0 $0
2022 $1,244 $33,400 $0 $0
2021 $1,199 $29,800 $0 $0
2020 $1,211 $29,100 $0 $0
2019 $1,311 $29,000 $7,500 $21,500
2018 $1,486 $32,200 $7,500 $24,700
2017 $0 $27,200 $7,500 $19,700
2016 $1,432 $26,500 $7,500 $19,000
2012 -- $25,700 $7,500 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50078985

Midland Board of REALTORS®

APN: 14-16-40-080