NOT LISTED FOR SALE

1122 Airport Rd Norton Shores, MI 49441

Estimated Value: $183,000 - $259,000

2 Beds
1 Bath
1,280 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $44,100 $34 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $1,400/month

25 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Mona Shores High School Rated A-
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2012

This is a Fannie Mae HomePath Property. 2 bedrooms, 1 full bath, hardwood floors, fireplace in living room, formal dining area, room in back could possible be turned into 3rd bedroom or left as a family room. One stall detached garage can enter from house through breezeway. This property is approved for HomePath Renovation Mortgage financing. Buyer to pay $150 to rekey locks before close. Buyer to verify taxes/assessments/homestead status: figures/status may change. This property is eligible under First Look Initiative. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations will be considered on the 4th day according to the HomePath website. All other offers must wait until the 16th day. The attached REO Addendums MUST be compl eted/included with all offers in order to be submitted.

Last Agent to Sell the Property

Bernie Tassin

Nexes Realty Muskegon License #6502129865 Listed on: 09/24/2012

Co-Listed By

Michelle Morgenstern

Nexes Lumbertown License #6501371490

Last Buyer's Agent

Ronald Sias

Key Realty License #6501259868

Key Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 75x297
  • Shrub

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 75x297
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1280.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1264.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1280.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1280.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 928.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 42500.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Dimensions: 75x297
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1264.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2013
Sold by
Miller Elmer and Verhovsek Holli A
Bought by
Miller Elmer L and Verhovsek Holli A
Current Estimated Value
$222,745

Purchase Details

Listed on
Sep 24, 2012
Closed on
Dec 19, 2012
Sold by
Fannie Mae
Bought by
Miller Elmer
Seller's Agent
Bernie Tassin
Nexes Realty Muskegon
Buyer's Agent
Ronald Sias
Key Realty
List Price
$42,500
Sold Price
$44,100
Premium/Discount to List
$1,600
3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$52,260
Outstanding Balance
$36,105
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$186,640

Purchase Details

Closed on
Apr 20, 2012
Sold by
The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2012
Sold by
Spring David J and Spring Nancy A
Bought by
The Huntington National Bank

Purchase Details

Closed on
May 2, 2011
Sold by
Spring Nancy
Bought by
Spring David J

Purchase Details

Closed on
Dec 18, 2002
Sold by
Tetzloff Mark A and Tetzloff Danita K
Bought by
Spring David J and Spring Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
10.8%
Mortgage Type
Unknown
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
Miller Elmer L -- Rei
Miller Elmer $44,100 None Available
Federal National Mortgage Association -- Rei
The Huntington National Bank $81,945 None Available
Spring David J -- None Available
Spring David J -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Elmer $52,260
Previous Owner Spring David J $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $44,100 +3.8% $34 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $42,500 -- $33 / 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 $2,632 $99,000 $0 $0
2024 $1,829 $91,600 $0 $0
2023 $1,746 $86,200 $0 $0
2022 $2,397 $62,500 $0 $0
2021 $2,326 $56,500 $0 $0
2020 $2,298 $52,200 $0 $0
2019 $2,256 $48,000 $0 $0
2018 $2,203 $43,800 $0 $0
2017 $2,154 $43,500 $0 $0
2016 $1,481 $40,300 $0 $0
2015 -- $37,300 $0 $0
2014 $2,030 $37,600 $0 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12052089

Southwestern Michigan Association of REALTORS®

APN: 27-109-300-0025-00