$105,000
SOLD FEB 3, 2017

1331 W Lake Rd Clio, MI 48420

3 Beds
1 Bath
1,685 Sq Ft
1.24 Acres

Recently Sold

$62 Per Sq Ft

12% Below List Price

95 Days on Market

Highlights

  • 1.24 Acre Lot
  • Wood Flooring
  • Porch
  • Deck
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of February 2017

Beautiful quad level home in Clio schools, new in 2013: Roof, Furnace, Central air, Well, Water Softener and upgraded 200-amp electrical panel. This 3 bedroom 1-bathroom home has a cozy field stone natural fireplace in the family room. The majestic 1.24-acre property includes privacy, with thick tree line surrounding the fenced yard. Relax and unwind in this country setting just minutes from city shopping. All offers accepted for review.

Last Agent to Sell the Property

Eric Pickard

Burrell Real Estate Inc. License #FAAR-125302 Listed on: 09/22/2016

Burrell Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 166x298x165x297
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Quad-Level Property
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,685 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 18-12-100-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: Quad-Level
  • Total Tax Amount: 1515
  • Year Built: 1979
  • Mail City: Clio
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4
  • Year Renovated: 2015

Interior Features

  • Appliances: Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished, Poured, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 10
  • Bedroom 3 Floor Covering: Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 7, On Level: Upper, Flooring: Linoleum
  • Dining Room: Dimensions: 17 x 11
  • Dining Room Floor Covering: Wood
  • Family Room: On Lower Floor, Dimensions: 21 x 17
  • Family Room Floor Covering: Ceramic
  • Kitchen: On Entry Level, Dimensions: 16 x 10
  • Kitchen Floor Covering: Wood
  • Below Grade Sq Ft: 400
  • Above Grade Finished Sq Ft: 1685
  • Total Finished Sq Ft: 1685

Exterior Features

  • Exterior: Aluminum, Wood
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Basement, Slab
  • Frontage: 166
  • Road: Paved Street
  • Sideof Street: S
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary, Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 18-12-100-017
  • Lot Dimensions: 166x298x165x297
  • Acreage: 1.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $665.00
  • Winter Tax: Amount: $850.00
  • Total Tax: Amount: $1,515.00

MLS Schools

  • School District: Clio Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Feb 3, 2017
Sold by
Bentley Joshua M
Bought by
Turner Jason B and Turner Jennifer L
Seller's Agent
Eric Pickard
Burrell Real Estate Inc.
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$215,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,526
Avg. Annual Appreciation
9.05%
Original Mortgage
$103,098
Outstanding Balance
$86,933
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$131,324

Purchase Details

Closed on
Aug 24, 2012
Sold by
Black Brian S and Black Janette B
Bought by
Bentley Joshua M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jan 6, 2012
Sold by
Black Brian S and Black Janette B
Bought by
Bentley Joshua M
Seller's Agent
Erich Riske
American Associates REALTORS
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$47,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jan 4, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Bentley Joshua M and Black Brian S
Seller's Agent
Erich Riske
American Associates REALTORS
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 21, 2011
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 1, 2010
Sold by
Lasley Daniel C and Lasley Jennifer J
Bought by
Citimortgage Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Hometown One Title Agency Ll
Warranty Deed $47,000 First American Title Ins Co
Land Contract $47,000 None Available
Deed $47,000 None Available
Warranty Deed -- None Available
Sheriffs Deed $163,877 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,200 FHA
Open $103,098 FHA
Previous Owner $15,000 New Conventional
Previous Owner $50,500 New Conventional
Previous Owner $47,000 Seller Take Back
Previous Owner $151,913 FHA
Previous Owner $149,668 FHA
Previous Owner $140,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $105,000 -8.7% $62 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
11/05/2016 11/05/16 Price Changed $115,000 -4.2% $68 / Sq Ft
09/22/2016 09/22/16 For Sale $120,000 +155.3% $71 / Sq Ft
01/06/2012 01/06/12 Sold $47,000 -6.0% $28 / Sq Ft
11/02/2011 11/02/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $50,000 -- $30 / 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
2024 $1,095 $90,400 $0 $0
2023 $1,044 $86,600 $0 $0
2022 $2,267 $76,100 $0 $0
2021 $2,195 $66,000 $0 $0
2020 $912 $63,200 $0 $0
2019 $832 $57,800 $0 $0
2018 $1,876 $55,200 $0 $0
2017 $1,541 $55,200 $0 $0
2016 $1,529 $52,500 $0 $0
2015 $1,515 $49,200 $0 $0
2012 -- $45,200 $45,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30061953

Michigan Multiple Listing Service

APN: 18-12-100-017