NOT LISTED FOR SALE

12991 Stout Ave NE Cedar Springs, MI 49319

Courtland Township Neighborhood

Estimated Value: $242,000 - $307,000

4 Beds
2 Baths
952 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $76,000 $80 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,590/month

160 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2012

4 Bedroom, 2 Bathroom Ranch home on an Acre! Home features beautiful wood flooring, updated countertops in kitchen & bath, updated fixtures, nice clean paint, large bedroom closets, master bedroom w/ french doors to huge back deck, full finished walk-out basement w/ family room, 4th bedroom, full bath, laundry, and BIG storage room! Don't let this deal pass you by, Call today for your showing! All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable. Buyer responsible for any well and septic inspections, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 05/11/2012

Bellabay Realty LLC

Last Buyer's Agent

Bob Kujath

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 264x165
  • Property is zoned RR, RR

Parking

  • Detached Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 264x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 952.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2403.0
  • Tax Info:Zoning3: RR
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Wood Floor: Yes
  • Substructure:Daylight: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 952.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Ceiling Fans, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight, Walk Out, Full
  • LivingArea: 952.0
  • General Property Info:Stories2: 1.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 78000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features:Detached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 264x165
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2403.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2012
Closed on
Dec 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Holifield Patricia A and Holifield Michael S
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Bob Kujath
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$95,000
Sold Price
$76,000
Premium/Discount to List
-$19,000
-20%
Current Estimated Value
$266,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,231
Avg. Annual Appreciation
10.16%
Original Mortgage
$83,100
Outstanding Balance
$58,203
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$199,678

Purchase Details

Closed on
May 4, 2011
Sold by
Razmus Kenneth D and Razmus Victoria L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 27, 2006
Sold by
Rich Jeremy J and Rich Rebecca A
Bought by
Razmus Kenneth D and Razmus Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Rich Jeremy J and Rich Rebecca A
Bought by
Rich Jeremy J and Rich Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,841
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2004
Sold by
Iafano Jason N and Ortego Marcia
Bought by
Rich Jeremy J and Gunneson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,950
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2003
Sold by
Stanley Nelda A
Bought by
Iafano Jason and Ortego Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Holifield Patricia A $76,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corp $123,741 None Available
Razmus Kenneth D $130,000 First American Title Ins Co
Rich Jeremy J -- Chicago Title
Rich Jeremy J $132,000 --
Iafano Jason $120,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holifield Patricia A $13,100
Open Holifield Patrici A $83,100
Previous Owner Razmus Kenneth D $114,400
Previous Owner Razmus Kenneth D $24,377
Previous Owner Razmus Kenneth D $119,000
Previous Owner Razmus Kenneth D $115,000
Previous Owner Rich Jeremy J $129,841
Previous Owner Rich Jeremy J $129,950
Previous Owner Iafano Jason $120,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2012 12/26/12 Sold $76,000 -20.0% $80 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $95,000 -- $100 / 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 $1,592 $115,600 $0 $0
2024 $1,592 $108,900 $0 $0
2023 $1,522 $93,400 $0 $0
2022 $1,743 $82,300 $0 $0
2021 $1,754 $74,700 $0 $0
2020 $1,454 $72,700 $0 $0
2019 $1,432 $68,400 $0 $0
2018 $1,680 $68,800 $0 $0
2017 $1,627 $64,300 $0 $0
2016 $1,569 $58,300 $0 $0
2015 -- $58,300 $0 $0
2013 -- $51,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2012

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    36 Total Sales

    Section Image

  • B

    Buyer's Agent in 2012

    Bob Kujath

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

  • R

    Buyer's Agent in 2012

    Robert Kujath

    Berkshire Hathaway HomeServices Michigan Real Estate (South)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12026289

Southwestern Michigan Association of REALTORS®

APN: 41-07-04-100-008

Michigan Kent County Cedar Springs 49319 Courtland Township

12991 Stout Ave NE, Cedar Springs, MI

This home is located at 12991 Stout Ave NE, Cedar Springs, MI 49319 since 11 May 2012 and is currently estimated at $281,280, approximately $295 per square foot. This property was built in 1970. 12991 Stout Ave NE is a home located in Kent County with nearby schools including Cedar Trails Elementary School, Beach Elementary School, and Red Hawk Intermediate 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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