NOT LISTED FOR SALE

122 Mechanic St Sherwood, MI 49089

Estimated Value: $74,569 - $120,000

2 Beds
1 Bath
720 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $14,500 $20 Per Sq Ft

Est. 565% increase in value since last sale

Current estimated payment $585/month

10 Days on Market

About This Home

As of August 2012

This is a HUD Home, sold AS-IS by electronic bid only. Equal Housing Opportunity. All bids must be submitted through a registered HUD approved real estate agent. Buyer to verify all listing information. For property conditions, additional forms, disclosures and availability, see website in agent remarks. Agents, please refer to Agent Comments section for additional details.

Last Agent to Sell the Property

John Henderson

J T Henderson & Assoc LLC License #6502331223 Listed on: 07/06/2012

Co-Listed By

Tyler Milliman

Tyler Milliman Red Wood Realty License #6502391480

Last Buyer's Agent

Tyler Milliman

Tyler Milliman Red Wood Realty License #6502391480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $619

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 720 Sq Ft Home
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$619

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 14000.0
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 24, 2012
Sold by
Donovan Shaun
Bought by
Hayes Sheri Lynn and Hayes John E
Seller's Agent
John Henderson
J T Henderson & Assoc LLC
Buyer's Agent
Tyler Milliman
Tyler Milliman Red Wood Realty
List Price
$14,000
Sold Price
$14,500
Premium/Discount to List
$500
3.57%
Current Estimated Value
$96,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,892
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 29, 2011
Sold by
Butler Denise and Butler Brian
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 29, 2007
Sold by
Butler Denise and Dwater Denise L
Bought by
Butler Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,962
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1999
Sold by
Schill-Zonts Sheila
Bought by
D'Water Denise L

Purchase Details

Closed on
Nov 28, 1998
Sold by
Reese Judy A
Bought by
Schill-Zonts Sheila
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 Buyer Sale Price Title Company
Hayes Sheri Lynn $14,500 None Available
Secretary Of Housing & Urban Development -- None Available
Flagstar Bank Fsb $59,131 None Available
Butler Denise -- Nations Title Agency
D'Water Denise L $36,000 --
Schill-Zonts Sheila $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Denise $55,786
Previous Owner Butler Denise $54,962
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $14,500 +3.6% $20 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $14,000 -- $19 / 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 $619 $23,000 $0 $0
2024 $129 $23,850 $0 $0
2023 $129 $21,850 $0 $0
2022 $129 $18,400 $0 $0
2021 -- $18,500 $0 $0
2020 -- $16,500 $0 $0
2019 -- $14,650 $0 $0
2018 -- $13,750 $0 $0
2017 -- $12,250 $0 $0
2016 -- $11,550 $0 $0
2015 -- $11,600 $0 $0
2014 -- $13,100 $0 $0
2013 -- $10,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12037416

Southwestern Michigan Association of REALTORS®

APN: 011-S10-012-016-00