NOT LISTED FOR SALE

118 E Elm St Reading, MI 49274

Estimated Value: $115,000 - $134,000

3 Beds
2 Baths
1,360 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $35,000 $26 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $754/month

2 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of July 2018

Three Bedroom, 2 Bath home with attached 2 car garage priced to sell. Perfect home to provide some sweat equity. Nice layout. Needs some work before it would be suitable to move in as the upper floor in the bedroom was removed.

Last Listed By

Douglas Post

The Lo Company, LLC License #6502366056 Listed on: 06/06/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99' x 132'

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

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

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1360.0
  • Basement Rooms:Total Basement SQFT: 1000.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 30000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 99' x 132'
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 27, 2018
Sold by
Consumers Credit Union
Bought by
Engel Daniel J
Seller's Agent
Douglas Post
The Lo Company, LLC
Buyer's Agent
Ron Aemisegger
RE/MAX Preferred Realty
List Price
$30,000
Sold Price
$35,000
Premium/Discount to List
$5,000
16.67%
Total Days on Market
2
Current Estimated Value
$126,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,013
Avg. Annual Appreciation
20.60%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Depew Matthew
Bought by
Consumers Credit Union

Purchase Details

Listed on
Dec 3, 2014
Closed on
May 15, 2015
Sold by
Keller Carmen
Bought by
Depew Matthew
Seller's Agent
Tamarah Rusk
Coldwell Banker Denny Groves
Buyer's Agent
Sherry Haylett
Sherry Haylett Homes and Recreational Properties
List Price
$59,900
Sold Price
$48,500
Premium/Discount to List
-$11,400
-19.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$47,045
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1998
Sold by
Gier Duane and Adams-Gier Kelly
Bought by
Price Evelyn

Purchase Details

Closed on
Nov 9, 1996
Sold by
Grubbs Richard K and Grubbs Dawn T
Bought by
Gier Duane and Adams-Gier Kelly

Purchase Details

Closed on
Jun 15, 1988
Sold by
Stanley Ruth
Bought by
Grubbs Richard K and Grubbs Dawn T

Purchase Details

Closed on
Aug 31, 1979
Sold by
Stanley Ora J
Bought by
Stanley Ora J and Stanley Ruth M

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
Engel Daniel J $35,000 None Available
Consumers Credit Union $47,838 None Available
Depew Matthew $48,500 None Available
Price Evelyn $59,900 --
Gier Duane $48,500 --
Grubbs Richard K $6,000 --
Stanley Ora J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depew Matthew $47,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $35,000 +16.7% $26 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $30,000 -38.1% $22 / Sq Ft
05/15/2015 05/15/15 Sold $48,500 -19.0% $26 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $59,900 -- $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
2024 $620 $43,900 $0 $0
2023 $593 $33,400 $0 $0
2022 $904 $27,700 $0 $0
2021 $880 $26,500 $0 $0
2020 $872 $23,400 $0 $0
2019 $844 $22,500 $0 $0
2018 $1,320 $36,300 $0 $0
2017 $1,280 $35,200 $0 $0
2016 $1,269 $36,100 $0 $0
2015 $702 $36,100 $0 $0
2013 $680 $28,960 $0 $0
2012 -- $29,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Post

    Seller's Agent in 2018

    Douglas Post

    The Lo Company, LLC

    (269) 492-2700

    36 Total Sales

    Douglas Post
    Section Image
  • Ron Aemisegger

    Buyer's Agent in 2018

    Ron Aemisegger

    RE/MAX Michigan

    (517) 398-2428

    122 Total Sales

    Ron Aemisegger
    Section Image

  • T

    Seller's Agent in 2015

    Tamarah Rusk

    Coldwell Banker Denny Groves

    (517) 439-1511

    52 Total Sales

    Tamarah Rusk
    Section Image

  • S

    Buyer's Agent in 2015

    Sherry Haylett

    Sherry Haylett Homes and Recreational Properties

See All Agents

Map

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18025569

Southwestern Michigan Association of REALTORS®

APN: 20-045-001-037

Michigan Hillsdale County Reading 49274

118 E Elm St, Reading, MI

Homes for Sale in Reading, MI

This home is located at 118 E Elm St, Reading, MI 49274 since 06 June 2018 and is currently estimated at $126,013, approximately $92 per square foot. This property was built in 1950. 118 E Elm St is a home located in Hillsdale County with nearby schools including Reynolds Elementary School, Reading High School, and Cooper Amish School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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