NOT LISTED FOR SALE

123 E Locust St Morenci, MI 49256

Estimated Value: $84,000 - $103,000

3 Beds
1 Bath
1,052 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $25,000 $24 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $658/month

136 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Porch

About This Home

As of October 2014

TAKE A GOOD LOOK AT THIS GREAT 3 BEDROOMS HOME WITH LARGE LIVING ROOM, MAIN LEVEL LAUNDRY, 2 CAR ATTACHED GARAGE SITUATED ON A LARGE 0.23+/- ACRE LOT. CALL FOR YOUR PERSONAL TOUR.

Last Agent to Sell the Property

Bradley Frederick

Gil Henry & Associates License #LCAR-6502342160 Listed on: 03/28/2014

Last Buyer's Agent

Bradley Frederick

Gil Henry & Associates License #LCAR-6502342160 Listed on: 03/28/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 82x122x82x122

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,052 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $12,541
  • Assessor Parcel Number XM0-000-0640-00

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1523.73
  • Total Tax Year: 2014
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Laundry, First Floor Mstr Bedroom
  • Kitchen: On 1st Floor, Dimensions: 11 x 12
  • Kitchen Features: Eat-In Kitchen
  • Living Room: On 1st Floor, Dimensions: 12 x 14
  • Below Grade Sq Ft: 749
  • Above Grade Finished Sq Ft: 1052
  • Total Finished Sq Ft: 1052

Exterior Features

  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 82
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessments: 75
  • Assessments: Yes
  • Assessor Parcel Number: XM0-000-0640-00
  • Zoning: Residential
  • Lot Description: Sidewalks
  • Lot Dimensions: 82X122X82X122
  • Acreage: 0.23
  • Geo Subdivision: MI

Rental Info

  • Security Deposit: 12541
  • Application Fee: 2309

Tax Info

  • Summer Tax: Year: 2013, Amount: $694.23
  • Winter Tax: Year: 2013, Amount: $829.50
  • Taxable Value: 23900
  • Total Tax: Year: 2014, Amount: $1,523.73
  • SEV Year: 2014

MLS Schools

  • School District: Morenci Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Oct 13, 2014
Sold by
Hughes Phillip L and Hughes Betty A
Bought by
Webster Bradley S
Seller's Agent
Bradley Frederick
Gil Henry & Associates
Buyer's Agent
Bradley Frederick
Gil Henry & Associates
List Price
$35,900
Sold Price
$25,000
Premium/Discount to List
-$10,900
-30.36%
Current Estimated Value
$93,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,500
Avg. Annual Appreciation
12.74%
Original Mortgage
$20,000
Outstanding Balance
$15,322
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$78,178

Purchase Details

Closed on
Aug 15, 2014
Sold by
Burk Carla M and Benschoter Carla M
Bought by
Burk Beverly J and Hughes Phillip L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$15,322
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$78,178

Purchase Details

Closed on
May 23, 2012
Sold by
Hughes Margaret E
Bought by
Hughes Margaret E

Purchase Details

Closed on
Feb 17, 2011
Sold by
Burk Carla M and Benschoter Carla M
Bought by
Hughes Margaret E
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
Webster Bradley S $25,000 None Available
Burk Beverly J -- American Title Company
Hughes Margaret E -- None Available
Hughes Margaret E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Bradley S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2014 10/20/14 Sold $25,000 -30.4% $24 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $35,900 -- $34 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,945 $38,600 $0 $0
2024 $801 $35,200 $0 $0
2022 $2,814 $30,200 $0 $0
2021 $1,402 $28,700 $0 $0
2020 $1,402 $25,600 $0 $0
2019 $65,122 $23,800 $0 $0
2018 $65,122 $22,416 $0 $0
2017 $672 $22,256 $0 $0
2016 $0 $22,076 $0 $0
2014 -- $23,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Frederick

    Seller's Agent in 2014

    Bradley Frederick

    Gil Henry & Associates

    (517) 605-1020

    31 in this area

    52 Total Sales

    Bradley Frederick
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Map

Source: Michigan Multiple Listing Service

MLS Number: 20396129

Michigan Multiple Listing Service

APN: XM0-000-0640-00

Michigan Lenawee County Morenci 49256

123 E Locust St, Morenci, MI

This home is located at 123 E Locust St, Morenci, MI 49256 since 28 March 2014 and is currently estimated at $93,500, approximately $88 per square foot. This property was built in 1925. 123 E Locust St is a home located in Lenawee County with nearby schools including Morenci Elementary School and Morenci Middle/High 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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