NOT LISTED FOR SALE

115 Flat River Dr SE Lowell, MI 49331

Estimated Value: $374,000 - $467,000

5 Beds
2.5 Baths
1,596 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2016

Last sale price $129,900 $81 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $2,457 / mo

68 Days on Market

Highlights

  • 1.83 Acre Lot
  • Dining Room with Fireplace
  • 2 Car Attached Garage
  • Murray Lake Elementary School Rated A
  • Sun or Florida Room
  • Living Room

About This Home

As of April 2016

Spacious ranch style home with view of Flat River (no frontage). The main floor features living room, dining area with fireplace, kitchen with lots of cabinets and center island, master bedroom with private half bath, two additional bedrooms, a ceramic tiled bathroom with a jacuzzi tub, and a spacious three season porch. walkout basement features a fireplace, two additional bedrooms and a bathroom. Some finishing work needed in the basement. Property will require a new driveway, as there is currently no accessibility to the home. Neighboring driveway can be used by passenger vehicles for showings only, NO CONTRACTOR VEHICLES. Buyer to verify all information. Square footage is approximate. Sold as is. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 12/28/2015. May require in-house financing or construction type financing due to not currently having a driveway.

Last Agent to Sell the Property

Sandra Schuelke

ERA Reardon Realty Great Lakes License #6501300896 Listed on: 12/09/2015

Last Buyer's Agent

Sandra Schuelke

ERA Reardon Realty Great Lakes License #6501300896 Listed on: 12/09/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 1.83 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Walk-Out Basement
  • Kitchen Island
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

1.83 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 81.39
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: IRR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1596.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4272.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 1596.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Pantry
  • Fireplace Features: Formal Dining, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 1596.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Rec Room: Yes
  • Fireplace:Formal Dining: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: 3 Season Room
  • List Price: 129900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.83
  • Lot Size Area: 1.83
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 79714.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4272.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 15, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sauber William R and Sauber Angela M
Seller's Agent
Sandra Schuelke
ERA Reardon Realty Great Lakes
Buyer's Agent
Sandra Schuelke
ERA Reardon Realty Great Lakes
List Price
$159,900
Sold Price
$129,900
Premium/Discount to List
-$30,000
-18.76%
Current Estimated Value
$421,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,837
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Mar 20, 2013
Sold by
Bieri Jon L and Bieri Marianne G
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Oct 15, 2004
Sold by
Janet J Bieri Revocable Living Trust
Bought by
Bieri Jon L and Bieri Marianne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Bieri Janet J
Bought by
Bieri Janet J and Janet J Bieri Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Sauber William R $129,900 Attorney
The Federal Home Loan Mortgage Corporati $141,950 None Available
Bieri Jon L $217,000 Transnation Title
Bieri Janet J -- Michigan Title Company
Bieri Janet J -- Michigan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bieri Jon L $173,600
Previous Owner Bieri Janet J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $129,900 -18.8% $81 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $159,900 -- $100 / Sq Ft
Source: MichRIC

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 $2,225 $197,100 $0 $0
2024 $22 $176,700 $0 $0
2023 $2,129 $153,100 $0 $0
2022 $2,854 $133,800 $0 $0
2021 $2,781 $124,900 $0 $0
2020 $1,958 $120,700 $0 $0
2019 $2,653 $95,200 $0 $0
2018 $2,600 $87,200 $0 $0
2017 $2,597 $92,900 $0 $0
2016 $2,660 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sandra Schuelke

    ERA Reardon Realty Great Lakes

See All Agents

Map

Source: MichRIC

MLS Number: 15062460

MichRIC

APN: 41-16-25-300-035

Michigan Kent County Lowell 49331

115 Flat River Dr SE, Lowell, MI

Not Listed for Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
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