NOT LISTED FOR SALE

11861 E 8 Mile Rd Tustin, MI 49688

Estimated Value: $85,372 - $216,000

2 Beds
1 Bath
720 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $8,850 $12 Per Sq Ft

Est. 1,610% increase in value since last sale

Current estimated payment $882/month

293 Days on Market

About This Home

As of July 2013

Home needs a clean out. REO, corporate owned. NOT A SHORT SALE. Sold as, where is. No seller disclosures available. Buyer to assume all liens and encumbrances, including but not limited to real estate taxes and HOA fees. Investor financing available.

Last Listed By

Ryan Gehris

USREALTY.COM LLP Listed on: 09/21/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1960

Lot Details

  • 1.98 Acre Lot

Interior Spaces

  • 720 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$521

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 720.0

Exterior Features

  • List Price: 11900.0

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.98
  • Lot Size Area: 1.98
  • Lot Size Sq Ft: 86249.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Jul 8, 2013
Sold by
Lake County
Bought by
And Forever Remise Release
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Ryan Gehris
USREALTY.COM LLP
List Price
$23,900
Sold Price
$8,850
Premium/Discount to List
-$15,050
-62.97%
Total Days on Market
293
Current Estimated Value
$151,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,493
Avg. Annual Appreciation
26.25%

Purchase Details

Closed on
Aug 20, 2004
Bought by
Christensen Norma and Christensen Jeffrey

Purchase Details

Closed on
Aug 5, 2004
Sold by
Christensen Norma and Christensen Jeffrey
Bought by
Christensen Norma and Christensen Jeffrey

Purchase Details

Closed on
Jul 29, 2004
Sold by
Christensen Norma and Christensen Jeffrey
Bought by
Christensen Norma and Christensen Jeffrey

Purchase Details

Closed on
May 1, 2004
Bought by
Gpe Inc

Purchase Details

Closed on
Jul 2, 2003
Bought by
First Natl Acceptance Co

Purchase Details

Closed on
Jun 20, 2003
Sold by
Patrick Charles S
Bought by
Gpe Inc

Purchase Details

Closed on
May 19, 2000
Sold by
Patrick Charles S
Bought by
Patrick Charles S

Purchase Details

Closed on
Nov 22, 1999
Sold by
Patrick Charles S
Bought by
Patrick Charles S

Purchase Details

Closed on
May 3, 1999
Sold by
Patrick Charles
Bought by
Cherette Lelly A

Purchase Details

Closed on
Feb 19, 1999
Sold by
Cherette Kelly A
Bought by
Patrick Charles S

Purchase Details

Closed on
Jan 26, 1999
Sold by
Cherette Lelly A
Bought by
Cherette Kelly A

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
And Forever Remise Release -- --
Christensen Norma -- --
Christensen Norma -- --
Christensen Norma -- --
Gpe Inc -- --
First Natl Acceptance Co $100 --
Gpe Inc $100 --
Patrick Charles S -- --
Patrick Charles S -- --
Cherette Lelly A -- --
Patrick Charles S $35,000 --
Cherette Kelly A $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Norma $34,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $8,850 -63.0% $12 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
09/21/2012 09/21/12 For Sale $23,900 -- $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 $521 $26,700 $0 $0
2022 $496 $18,100 $0 $0
2021 $484 $19,800 $0 $0
2020 $480 $16,700 $0 $0
2019 $461 $15,000 $0 $0
2018 $452 $14,900 $0 $0
2017 $440 $14,600 $0 $0
2016 $438 $13,100 $0 $0
2015 -- $13,600 $0 $0
2014 -- $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12051738

Southwestern Michigan Association of REALTORS®

APN: 01-025-003-01