$49,000
SOLD FEB 28, 2012

1194 Paula St Martin, MI 49070

4 Beds
2 Baths
1,274 Sq Ft
0.34 Acres

Recently Sold

$38 Per Sq Ft

45% Below List Price

50 Days on Market

Highlights

  • Cul-De-Sac
  • Attached Garage
  • Living Room

About This Home

As of August 2012

This Gun Plain township Bi-level home is conveniently located between Plainwell and Martin with easy access to 131, and has 4 bedrooms, 2 full baths, 1200 finished sqft of living space, the kitchen has an island, ample storage and a spacious eating area, the living and family rooms are open and filled with natural light, the partially finished lower level has 2 bedrooms and a full bath, the 2 stall garage is attached. The home sits on a third of an acre on a quiet cul-de-sac.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 01/03/2012

Last Buyer's Agent

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 01/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,274 Sq Ft Home
  • Living Room
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Natural Gas Connected
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight, Other
  • LivingArea: 1274.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 64900.0
  • Lot Features: Cul-De-Sac, Wooded
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 28, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Lapenna Robert J
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Patrick O'Brien
O'Brien Real Estate
List Price
$89,000
Sold Price
$49,000
Premium/Discount to List
-$40,000
-44.94%
Current Estimated Value
$300,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,053
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hofacker Matthew M
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Mar 14, 2007
Sold by
Bird Aaron J and Bird Danielle M
Bought by
Hofacker Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,775
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2002
Sold by
Holwerda Builders Llc
Bought by
Bird Aaron J and Bird Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,103
Interest Rate
6.25%
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 Type Sale Price Title Company
Deed $49,000 None Available
Sheriffs Deed $72,250 None Available
Warranty Deed $136,000 Chicago Title
Warranty Deed $115,005 Beltline Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Closed $39,000 New Conventional
Open $160,000 New Conventional
Closed $150,000 New Conventional
Closed $152,000 New Conventional
Closed $119,850 New Conventional
Previous Owner $138,775 Purchase Money Mortgage
Previous Owner $114,103 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $117,500 -2.0% $75 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $119,900 +144.7% $76 / Sq Ft
02/28/2012 02/28/12 Sold $49,000 -44.9% $38 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $89,000 -- $70 / 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 $2,468 $99,200 $11,800 $87,400
2024 $2,251 $96,300 $10,600 $85,700
2023 $2,291 $97,500 $9,300 $88,200
2022 $2,251 $77,600 $7,100 $70,500
2021 $2,099 $75,600 $9,200 $66,400
2020 $2,099 $77,700 $9,400 $68,300
2019 $0 $75,900 $9,400 $66,500
2018 $0 $72,400 $14,600 $57,800
2017 $0 $72,900 $14,600 $58,300
2016 $0 $67,100 $9,900 $57,200
2015 -- $67,100 $9,900 $57,200
2014 -- $61,000 $9,900 $51,100
2013 -- $59,000 $9,900 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12001291

Southwestern Michigan Association of REALTORS®

APN: 08-545-010-00