NOT LISTED FOR SALE

11633 Read Ave Mount Morris, MI 48458

Estimated Value: $138,075 - $172,000

3 Beds
2 Baths
1,124 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $59,900 $53 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $965/month

141 Days on Market

About This Home

As of August 2014

Rehabed under HUD NSP Neighborhood Stabilization Program. Income guidelines apply. Recommend participating lenders. Go to thelandbank.org for information.

Last Agent to Sell the Property

Theresa Allen

Royal Realty License #FAAR-124218 Listed on: 02/25/2014

Last Buyer's Agent

Mirs Staff

MiRealSource Michigan MLS License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Southwest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5712100004

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3075.45
  • Year Built: 2003
  • Mail City: Mount Morris
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Basement: Yes
  • Basement: Finished, Full, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: Dimensions: 10 x 14
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: Dimensions: 9 x 15
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: Dimensions: 11 x 8
  • Dining Room Floor Covering: Wood
  • Kitchen: Dimensions: 8 x 8
  • Kitchen Floor Covering: Wood
  • Living Room: Dimensions: 11 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 720
  • Above Grade Finished Sq Ft: 1124
  • Total Finished Sq Ft: 1124

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 5712100004
  • Lot Dimensions: 50 x 125
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,119.39
  • Winter Tax: Amount: $956.06
  • Total Tax: Amount: $3,075.45

MLS Schools

  • School District: Mt.Morris Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Aug 20, 2014
Sold by
Genesee County Land Bank Authority
Bought by
Purnell Linda A
Seller's Agent
Theresa Allen
Royal Realty
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$66,000
Sold Price
$59,900
Premium/Discount to List
-$6,100
-9.24%
Current Estimated Value
$158,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,369
Avg. Annual Appreciation
8.91%
Original Mortgage
$35,000
Outstanding Balance
$26,727
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$131,542

Purchase Details

Listed on
Aug 30, 2013
Closed on
Jan 3, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Genesee County Land Bank Authority
Seller's Agent
Wilson Lahoud
INCA Realty LLC
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$69,900
Sold Price
$49,000
Premium/Discount to List
-$20,900
-29.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.00%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Lewis Erik E and Lewis Deanna L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 21, 2003
Sold by
Bowa Llc
Bought by
Lewis Erik E and Lewis Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,900
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
The City Of Mt Morris
Bought by
Bowa Llc
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
Purnell Linda A $59,900 Sargents Title Company
Genesee County Land Bank Authority $49,000 Attorneys Title
Federal Home Loan Mortgage Corporation $100,134 None Available
Lewis Erik E $112,623 Greco Title
Bowa Llc $7,000 Greco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purnell Linda A $35,000
Previous Owner Lewis Erik E $106,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2014 08/20/14 Sold $59,900 -9.2% $53 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $66,000 +34.7% $59 / Sq Ft
01/08/2014 01/08/14 Sold $49,000 -29.9% $44 / Sq Ft View Prior Sale
12/04/2013 12/04/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $69,900 -- $62 / 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 $1,626 $67,700 $0 $0
2024 $1,112 $56,000 $0 $0
2023 $1,062 $53,700 $0 $0
2022 $1,492 $46,500 $0 $0
2021 $1,474 $43,600 $0 $0
2020 $993 $40,000 $0 $0
2019 $978 $36,000 $0 $0
2018 $956 $27,200 $0 $0
2017 $1,281 $28,400 $0 $0
2016 $1,270 $27,800 $0 $0
2015 -- $26,900 $0 $0
2014 -- $24,400 $0 $0
2012 -- $31,900 $31,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30034476

Michigan Multiple Listing Service

APN: 57-12-100-004