NOT LISTED FOR SALE

1320 S 48th Ave Shelby, MI 49455

Estimated Value: $231,000 - $356,000

2 Beds
1 Bath
908 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $220,000 $242 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,752/month

75 Days on Market

Highlights

  • 40 Acre Lot
  • Farmhouse Style Home
  • Accessible Approach with Ramp
  • Wooded Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2020

Cozy home on a beautiful rolling wooded 40 acres. The home is in good condition and has 2 very nice outbuildings.

Last Agent to Sell the Property

Tim Horton

Wickstra Realty, Inc. License #6501258127 Listed on: 08/27/2020

Last Buyer's Agent

Tim Horton

Wickstra Realty, Inc. License #6501258127 Listed on: 08/27/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • The property's road front is unimproved
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Composition Roof

Interior Spaces

  • 908 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Doors are 36 inches wide or more
  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

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

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1320x1320
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 908.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 48875.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Substructure:Partial: Yes
  • Driveway:Unpaved: Yes
  • Lot Description:Rolling Hills: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 908.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Accessibility Features: Ramped Entrance, 36 Inch Entrance Door
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 908.0
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 225000.0
  • Lot Features: Recreational, Wooded, Rolling Hills
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes

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

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

Lot Info

  • Lot Size Acres: 40.0
  • Lot Size Area: 40.0
  • Lot Dimensions: 1320x1320
  • Lot Size Sq Ft: 1742400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 48875.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 17, 2020
Sold by
Payne Benjamin F
Bought by
Payne Benjamin F and Payne Marjorie
Seller's Agent
Tim Horton
Wickstra Realty, Inc.
Buyer's Agent
Tim Horton
Wickstra Realty, Inc.
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$284,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,867
Avg. Annual Appreciation
5.64%
Original Mortgage
$196,000
Outstanding Balance
$175,300
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$109,567

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 11, 2020
Sold by
Kuzyk Gail and Raeth Gail
Bought by
Estate Of Frank Raeth
Seller's Agent
Tim Horton
Wickstra Realty, Inc.
Buyer's Agent
Tim Horton
Wickstra Realty, Inc.
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$175,300
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$109,567

Purchase Details

Closed on
Mar 8, 2006
Sold by
Kuzyk Gail and Raeth Gail
Bought by
Raeth Frank
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
Payne Benjamin F -- None Available
Payne Benjamin F -- Oceana Land Title Agency Inc
Estate Of Frank Raeth -- None Available
Raeth Frank $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Benjamin F $196,000
Closed Payne Benjamin F $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $220,000 -6.4% $242 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $235,000 -- $259 / 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 $2,434 $117,700 $117,700 $0
2024 $1,048 $116,400 $116,400 $0
2023 $2,184 $101,600 $101,600 $0
2022 $2,148 $87,800 $0 $0
2021 $2,176 $78,500 $78,500 $0
2020 $1,246 $74,300 $74,300 $0
2019 $1,285 $73,400 $0 $0
2018 $1,255 $62,900 $0 $0
2017 $1,156 $60,600 $0 $0
2016 -- $60,900 $0 $0
2013 -- $53,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Horton

    Seller's Agent in 2020

    Tim Horton

    Wickstra Realty, Inc.

    (231) 861-4445

    162 Total Sales

    Tim Horton
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20031696

Southwestern Michigan Association of REALTORS®

APN: 011-011-300-01

Michigan Oceana County Shelby 49455

1320 S 48th Ave, Shelby, MI

This home is located at 1320 S 48th Ave, Shelby, MI 49455 since 27 August 2020 and is currently estimated at $284,867, approximately $313 per square foot. This property was built in 1940. 1320 S 48th Ave is a home located in Oceana County with nearby schools including Shelby 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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