NOT LISTED FOR SALE

12461 Red Arrow Hwy Sawyer, MI 49125

Shorewood-Tower Hills-Harbert Neighborhood

Estimated Value: $388,000 - $838,000

-- Bed
-- Bath
-- Sq Ft
1978 Built

Last Sold September 26, 2014

Last sale price $58,000

Est. 1,005% increase in value since last sale

Current estimated payment $3,742/month

134 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • Wood Siding
  • Chikaming Elementary School Rated A-

About This Home

As of September 2014

2 Unit bi-level. Each unit has 2 bedrooms and 1 bath. 2 car garage. This could possibly be put back to a single family unit. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Harry Burleson

Coldwell Banker Anchor R.E. License #6506045207 Listed on: 04/21/2014

Coldwell Banker Anchor R.E.

Co-Listed By

Vicki McWilliams

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Diane Frale

Coldwell Banker Realty License #6506044742

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Additional Features

  • 1 Fireplace
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: IRREGULAR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2888.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Slab: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 64900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Electricity Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Dimensions: IRREGULAR

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2888.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2018
Sold by
Divyang Patel
Bought by
Divyang Patel Revocable Living
Current Estimated Value
$640,667

Purchase Details

Closed on
Jul 13, 2018
Sold by
Patel Divyang
Bought by
Patel Divyang and Divyang Patel Revocable Living

Purchase Details

Listed on
Apr 21, 2014
Closed on
Sep 22, 2014
Sold by
Fannie Mae
Bought by
Patel Divyang
Seller's Agent
Harry Burleson
Coldwell Banker Anchor R.E.
Buyer's Agent
Diane Frale
Coldwell Banker Realty
List Price
$82,700
Sold Price
$58,000
Premium/Discount to List
-$24,700
-29.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Pnc Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2013
Sold by
Peterson Mark Alan and Peterson Jacqueline K
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Sep 13, 2007
Sold by
Peterson Mark Alan and Peterson Jacqueline K
Bought by
Peterson Jacqueline K

Purchase Details

Closed on
Jan 3, 2005
Sold by
Peterson Donald J and Peterson Marilyn J
Bought by
Peterson Mark Alan and Peterson Jacqueline K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1986

Purchase Details

Closed on
May 29, 1986
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
Divyang Patel Revocable Living -- None Listed On Document
Patel Divyang -- None Available
Patel Divyang $58,000 E Title
Federal National Mortgage Association -- None Available
Pnc Bank National Association $82,020 None Available
Peterson Jacqueline K -- None Available
Peterson Mark Alan $112,000 Metropolitan Title Company
-- $9,400 --
-- $9,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Divyang $100,000
Previous Owner Peterson Mark Alan $89,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $58,000 -29.9% --
09/02/2014 09/02/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $82,700 -- --
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 $3,007 $196,400 $0 $0
2024 $2,596 $181,800 $0 $0
2023 $2,473 $151,300 $0 $0
2022 $2,355 $129,600 $0 $0
2021 $2,576 $124,900 $37,400 $87,500
2020 $2,544 $136,600 $0 $0
2019 $2,449 $62,500 $0 $0
2018 $2,476 $62,500 $0 $0
2017 $3,185 $157,300 $0 $0
2016 $3,037 $175,200 $0 $0
2015 $3,025 $156,100 $0 $0
2014 $2,691 $165,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Harry Burleson

    Coldwell Banker Anchor R.E.

    (574) 210-5711

    8 Total Sales

    Harry Burleson
    Section Image

  • V

    Seller Co-Listing Agent in 2014

    Vicki McWilliams

    Coldwell Banker Anchor R.E.

  • Diane Frale

    Buyer's Agent in 2014

    Diane Frale

    Coldwell Banker Realty

    (312) 480-9530

    3 in this area

    45 Total Sales

    Diane Frale
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14019195

Southwestern Michigan Association of REALTORS®

APN: 11-07-3370-0164-01-5

Michigan Berrien County Sawyer 49125 Shorewood-Tower Hills-Harbert

12461 Red Arrow Hwy, Sawyer, MI

This home is located at 12461 Red Arrow Hwy, Sawyer, MI 49125 since 21 April 2014 and is currently estimated at $640,667. This property was built in 1978. 12461 Red Arrow Hwy is a home located in Berrien County with nearby schools including Chikaming Elementary School, Three Oaks Elementary School, and River Valley 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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