NOT LISTED FOR SALE

120 W Read St Marcellus, MI 49067

Estimated Value: $234,000 - $429,000

5 Beds
2 Baths
2,250 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $194,000 $86 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,921/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Back Yard Fenced
  • 2 Car Detached Garage

About This Home

As of July 2021

Professional pictures coming 5/14/2021. Beautifully updated, 5 bedroom, 2 bathroom, Traditional Farmhouse is completely move-in ready. The Master Bedroom is a true master retreat complete with a soaker tub and fireplace. There are 2 living spaces, one with a fireplace, and a beautiful formal dining room complete with all the charm of a traditional home. Home includes a large fenced in backyard and 2 ½ car garage with a loft space for storage. This home has been lovingly restored and updated with a new kitchen and many new mechanicals, furnace, air conditioner and water heater.

Last Listed By

David Lambe

RE/MAX Elite Group T.R. License #6501423128 Listed on: 05/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,884

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2250.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 185000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1884.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 2, 2021
Sold by
Nix Joshua
Bought by
Lambert Sabrina
Seller's Agent
David Lambe
RE/MAX Elite Group T.R.
Buyer's Agent
David Lambe
Michigan Top Producers
List Price
$185,000
Sold Price
$194,000
Premium/Discount to List
$9,000
4.86%
Total Days on Market
0
Current Estimated Value
$310,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,577
Avg. Annual Appreciation
13.04%
Original Mortgage
$190,486
Outstanding Balance
$174,699
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$135,878

Purchase Details

Listed on
Aug 17, 2017
Closed on
Mar 16, 2018
Sold by
Mrrill William Joseph
Bought by
Nix Joshua
Seller's Agent
The Myers-Henry & Hassle Team
Cressy & Everett Real Estate
Buyer's Agent
Edward Koshar
Koshar Realty P.C.
List Price
$119,900
Sold Price
$117,500
Premium/Discount to List
-$2,400
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$115,371
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 17, 2017
Closed on
Mar 15, 2018
Sold by
Merrill Heather S and Zile Heather S
Bought by
Merrill William Joseph
Seller's Agent
The Myers-Henry & Hassle Team
Cressy & Everett Real Estate
Buyer's Agent
Edward Koshar
Koshar Realty P.C.
List Price
$119,900
Sold Price
$117,500
Premium/Discount to List
-$2,400
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,371
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2008
Sold by
Merrill William Joseph and Merrill Heather S
Bought by
Merrill William Joseph and Merrill Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Lambert Sabrina $194,000 Chicago Title Of Mi Inc
Nix Joshua $117,500 Meridian Title Corp
Merrill William Joseph -- Meridian Title Corp
Merrill William Joseph -- Cass County Title Office Inc
Merrill William J $128,000 Cass County Title Office Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Sabrina $190,486
Previous Owner Nix Joshua $115,371
Previous Owner Merrill William J $102,400
Previous Owner Jackson Michael D $87,000
Previous Owner Jackson Michael D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $194,000 +4.9% $86 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $185,000 +57.4% $82 / Sq Ft
03/16/2018 03/16/18 Sold $117,500 -2.0% $52 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $119,900 -- $53 / 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 $2,386 $135,700 $135,700 $0
2023 $2,352 $106,600 $0 $0
2022 $2,257 $92,800 $0 $0
2021 $2,725 $76,100 $0 $0
2020 $643 $60,800 $0 $0
2019 $2,601 $58,800 $0 $0
2018 $596 $62,900 $0 $0
2017 $1,316 $61,600 $0 $0
2016 $1,309 $62,100 $0 $0
2015 -- $59,700 $0 $0
2011 -- $69,938 $0 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21016405

Southwestern Michigan Association of REALTORS®

APN: 14-051-562-015-00