NOT LISTED FOR SALE

11403 Read Ave Mount Morris, MI 48458

Estimated Value: $154,000 - $162,000

3 Beds
2 Baths
1,400 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $69,800 $50 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,004/month

217 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Main Floor Bedroom
  • Porch
  • Carpet

About This Home

As of July 2013

This property is undergoing rehabilization under the Department of Housing and Urban Development's (HUD) Neighborhood Stabilization Program (NSP). Buyer must qualify for NSP. Seller may assists with down payment, closing costs and/or gap financing. Ask agent for details. Beautiful 3 bedroom home with 2 baths. Main bedroom on first level. Enclosed sun room, full basement, detached 2 car garage. Home comes with appliances including washer and dryer. New furnace and water heater-energy efficient. Ready to move right in!

Last Agent to Sell the Property

Barbara Arvoy

REMAX Town & Country License #FAAR-124253 Listed on: 08/09/2012

REMAX Town & Country

Last Buyer's Agent

Mirs Staff

MiRealSource Michigan MLS License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5712100016

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Contemporary
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2087.16
  • Year Built: 2001
  • Mail City: Mount Morris
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: Dimensions: 15 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: Dimensions: 12 x 12
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Bedroom
  • Dining Room: Dimensions: 12 x 14
  • Kitchen: Dimensions: 10 x 12
  • Living Room: Dimensions: 13 x 22
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 850
  • Above Grade Finished Sq Ft: 1400
  • Total Finished Sq Ft: 1400

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary, Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 5712100016
  • Lot Dimensions: 50x125
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,596.93
  • Winter Tax: Amount: $490.23
  • Total Tax: Amount: $2,087.16

MLS Schools

  • School District: Mt.Morris Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Jul 11, 2013
Sold by
Genesee County Land Bank Authority
Bought by
Wagner Rachel L
Seller's Agent
Barbara Arvoy
REMAX Town & Country
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$79,900
Sold Price
$69,800
Premium/Discount to List
-$10,100
-12.64%
Current Estimated Value
$165,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,143
Avg. Annual Appreciation
6.69%
Original Mortgage
$55,270
Outstanding Balance
$39,028
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$118,177

Purchase Details

Closed on
May 11, 2011
Sold by
Sabo Susan J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 25, 2005
Sold by
Sabo Scott W
Bought by
Sabo Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Sabo Scott W
Bought by
Sabo Scott W and Sabo Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bowa Llc
Bought by
Sabo Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.12%

Purchase Details

Closed on
Jan 26, 2001
Sold by
The City Of Mount Morris
Bought by
Bowa Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wagner Rachel L $69,800 Greco
Federal National Mortgage Association $102,543 None Available
Sabo Susan J -- Devon Title
Sabo Scott W -- First American
Sabo Scott W $96,000 --
Bowa Llc -- Greco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Rachel L $55,270
Previous Owner Sabo Susan J $107,100
Previous Owner Sabo Scott W $90,000
Previous Owner Sabo Scott W $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $69,800 -12.6% $50 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $79,900 -- $57 / 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 $1,738 $77,700 $0 $0
2024 $1,189 $64,000 $0 $0
2023 $1,136 $61,900 $0 $0
2022 $1,595 $52,900 $0 $0
2021 $1,576 $49,600 $0 $0
2020 $1,061 $45,600 $0 $0
2019 $1,046 $40,500 $0 $0
2018 $1,022 $31,100 $0 $0
2017 $1,340 $32,800 $0 $0
2016 $1,329 $32,100 $0 $0
2015 -- $30,600 $0 $0
2014 -- $27,700 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Barbara Arvoy

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2013

    Mirs Staff

    MI_MiRealSource

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30018862

Michigan Multiple Listing Service

APN: 57-12-100-016

Michigan Genesee County Mount Morris 48458

11403 Read Ave, Mount Morris, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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