NOT LISTED FOR SALE

116 E Adams St Homer, MI 49245

Estimated Value: $104,000 - $143,000

2 Beds
1 Bath
975 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $9,000 $9 Per Sq Ft

Est. 1,315% increase in value since last sale

Current estimated payment $740/month

14 Days on Market

Highlights

  • Attached Garage
  • Wood Siding
  • 1-minute walk to Lakefront Park

About This Home

As of June 2012

Mike Brubaker at 877-570-8620. HUD home sold as-is, buyer to verify all information. Insurability code UI. 2 bedroom home, cute and compact with 1 car attached garage and nice yard.

Last Agent to Sell the Property

Mike Brubaker

RE/MAX Perrett Associates License #6501270430 Listed on: 05/15/2012

RE/MAX Perrett Associates

Last Buyer's Agent

Timothy White

Coldwell Banker Morehart Realty License #6501362608

Coldwell Banker Morehart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1935

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • Attached Garage

Home Design

  • 975 Sq Ft Home
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1935
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 975.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 11500.0
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7841.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2012
Closed on
Jun 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Odell Robin and Odell Scott
Seller's Agent
Mike Brubaker
RE/MAX Perrett Associates
Buyer's Agent
Timothy White
Coldwell Banker Morehart Realty
List Price
$11,500
Sold Price
$9,000
Premium/Discount to List
-$2,500
-21.74%
Current Estimated Value
$127,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,355
Avg. Annual Appreciation
21.43%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 11, 2010
Sold by
Penrod John
Bought by
Bac Home Loans Servicing L P

Purchase Details

Closed on
Jun 27, 2008
Sold by
Schaberg Ronald A and Wells Karen K
Bought by
Penrod John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,872
Interest Rate
6.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Odell Robin $9,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing L P $76,152 None Available
Penrod John $73,000 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penrod John $71,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $9,000 -21.7% $9 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $11,500 -- $12 / 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 $764 $58,650 $0 $0
2024 $673 $52,470 $0 $0
2023 $673 $39,220 $0 $0
2022 $240 $32,120 $0 $0
2021 $598 $28,520 $0 $0
2020 $383 $27,080 $0 $0
2019 $0 $27,380 $0 $0
2018 $0 $28,100 $4,650 $23,450
2017 $0 $27,950 $0 $0
2016 $0 $22,680 $0 $0
2015 -- $18,600 $2,948 $15,652
2014 -- $18,400 $2,948 $15,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12027076

Southwestern Michigan Association of REALTORS®

APN: 43-120-010-01