NOT LISTED FOR SALE

120 S Elm Ave Gaylord, MI 49735

Estimated Value: $291,696

4 Beds
3 Baths
1,800 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $120,000 $67 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,833/month

1,000 Days on Market

Highlights

  • Thermal Windows
  • Living Room
  • Family Room Downstairs

About This Home

As of February 2021

Exceptional Residence/Office space in downtown Gaylord Business District with 1800 square feet of living/office space with kitchen, 1 full bath, 2 half baths, and a finished basement. Convenient to City Hall and Otsego Memorial Hospital with plenty of on-street parking available.

Last Agent to Sell the Property

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 04/18/2018

Last Buyer's Agent

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 04/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 66' x 54'
  • Property is zoned Commercial/Residential

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Family Room Downstairs
  • Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103-370-005-008-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 02/26/2021
  • Measurement Source: Agent
  • Section: SEC 4
  • S E V Yr: $70,000/ 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dishwasher, Range
  • Total Finished Sq Ft: 1800
  • Master Bedroom: Dimensions: 12.5' X 10.5, On Level: Upper
  • Bedroom 2: Dimensions: 10.5' X 12', On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Full, Partial, Finished
  • Dining Room: On Level: N/A
  • Kitchen: Dimensions: 11.5' x 15', On Level: Main
  • Family Room: Dimensions: 13' X 21', On Level: Lower
  • Living Room: Dimensions: 14' x 15', On Level: Main
  • Above Grade Finished Sq Ft: 1800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Gaylord

Lot Info

  • Estimated Lot Dimensions: 66' X 54'
  • Estimated Number of Acres: 0.07
  • Lot: Y
  • Zoning: Commercial/Residential

Tax Info

  • Assessor Parcel Number: 103-370-005-008-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Frakes Scott
Bought by
Robinson Ryan
Current Estimated Value
$291,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Outstanding Balance
$240,245
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$51,451

Purchase Details

Listed on
Apr 18, 2018
Closed on
Feb 23, 2021
Sold by
Nelson Michael D
Bought by
Frakes Scott and Frakes Leesha
Seller's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.04%
Original Mortgage
$96,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Blum Murray
Bought by
Nelson Michael D and Nelson Holly L

Purchase Details

Closed on
May 28, 2004
Sold by
Blum Murray L Trust
Bought by
Blum Murray L

Purchase Details

Closed on
Sep 3, 1998
Sold by
Smith Gaye
Bought by
Blum, Murray L Trust

Purchase Details

Closed on
Dec 5, 1995
Sold by
Blom Simon L
Bought by
Smith Gaye
Source: Public Records

Range of Values:

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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
Robinson Ryan $256,000 --
Frakes Scott $120,000 --
Nelson Michael D $163,000 --
Blum Murray L -- --
Blum, Murray L Trust -- --
Smith Gaye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Ryan $243,200
Previous Owner Frakes Scott $170,000
Previous Owner Frakes Scott $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $120,000 -13.7% $67 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
04/18/2018 04/18/18 For Sale $139,000 -- $77 / Sq Ft
Source: Northern Michigan MLS

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 $2,836 $79,500 $0 $0
2023 $4,104 $75,300 $0 $0
2022 $3,997 $69,500 $0 $0
2021 $4,029 $63,800 $0 $0
2020 $4,057 $61,500 $0 $0
2019 $1,230 $63,000 $0 $0
2018 -- $70,300 $70,300 $0
2017 -- $70,000 $0 $0
2016 -- $66,400 $0 $0
2013 -- $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Ames

    Seller's Agent in 2021

    Ken Ames

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-7909

    4 in this area

    73 Total Sales

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Map

Source: Northern Michigan MLS

MLS Number: 464358

Northern Michigan MLS

APN: 103-370-005-008-03

Michigan Otsego County Gaylord 49735

120 S Elm Ave, Gaylord, MI

This home is located at 120 S Elm Ave, Gaylord, MI 49735 since 18 April 2018 and is currently estimated at $291,696, approximately $162 per square foot. 120 S Elm Ave is a home located in Otsego County with nearby schools including South Maple Elementary School, Gaylord Intermediate School, and Gaylord Middle 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.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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