NOT LISTED FOR SALE

138 Venetian Way Algonac, MI 48001

Estimated Value: $243,000 - $268,000

3 Beds
2 Baths
1,392 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $117,500 $84 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,699/month

Highlights

  • Home fronts a canal
  • Ranch Style House
  • 2 Car Attached Garage
  • Deck
  • Sun or Florida Room
  • 4-minute walk to Algonac Lions Field

About This Home

As of October 2020

OPPORTUNITY KNOCKS!! CASH ONLY PLEASE! due to work needed to be done. Waterfront under $140K. SOLD AS-IS. Canal home w/attached 2 car garage only a block off of the St. Clair River on wide canal. Home has need for flooring and drywall work to be completed. House is 80% done. There was a recent flood due to the high water earlier this summer. Drywall has been removed approx. 2ft up throughout home. All electric set up (baseboard heat/hot water tank), large Florida room with loads of windows overlooking canal side, small shed. MUST SELL!! SERIOUS BUYERS ONLY!! Great street, Great location. Recent updates include drywall, all new kitchen cabinets/countertops, bathrooms and fixtures, hot water tank, electrical panel in the process of being updated.

Last Agent to Sell the Property

Thomas J. Figlan

Real Estate One Chesterfield License #MISPE-6501204890 Listed on: 08/06/2020

Real Estate One Chesterfield

Last Buyer's Agent

Danielle Taylor

Coldwell Banker Professionals License #MISPE-6501331344

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 61x95x61x93
  • Home fronts a canal
  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Seawall
  • Deck
  • Shed

Location

  • Flood Insurance May Be Required

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Knorr Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-147-0013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,815

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Flood Insurance: Required
  • Total Tax Amount: 2815
  • Year Built: 9999
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 14 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 4, On Level: First, Flooring: Concrete
  • Bathroom 2: Dimensions: 7 x 5, On Level: First, Flooring: Concrete
  • Room Types: First Floor Laundry, First Flr Primary Bedroom, Living Room, Sun/Florida Room
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 10
  • Kitchen: On 1st Floor, Dimensions: 11 x 10
  • Laundry: On 1st Floor, Dimensions: 10 x 7
  • Living Room: On 1st Floor, Dimensions: 17 x 12
  • Sun Room: On 1st Floor, Dimensions: 15 x 9
  • Above Grade Finished Sq Ft: 1392
  • Total Finished Sq Ft: 1392

Exterior Features

  • Exterior: Vinyl Siding, Wood
  • Exterior Features: Deck
  • Foundation: Slab
  • Frontage: 61
  • Road: Paved Street
  • Water Features: Canal Frontage, Sea Wall, Water View
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Heating Fuel: Electric
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Window Unit(s)

Lot Info

  • Assessor Parcel Number: 01-147-0013-000
  • Zoning: Residential
  • Lot Dimensions: 61x95x61x93
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Subdivision

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,615.00
  • Winter Tax: Year: 2018, Amount: $200.00
  • Taxable Value: 66402
  • Total Tax: Amount: $2,815.00
  • SEV Year: 2018

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 1, 2020
Sold by
Meldrum Norman M and Meldrum Barbara A
Bought by
Wooley Richard and Wooley Sherri
Seller's Agent
Thomas J. Figlan
Real Estate One Chesterfield
Buyer's Agent
Danielle Taylor
Coldwell Banker Professionals
List Price
$138,900
Sold Price
$117,500
Premium/Discount to List
-$21,400
-15.41%
Current Estimated Value
$251,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,863
Avg. Annual Appreciation
16.32%

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 30, 2020
Sold by
Meidrum Norman M and Meldrum Barbara A
Bought by
Meldrum Norman M and Meldrum Barbara A
Seller's Agent
Thomas J. Figlan
Real Estate One Chesterfield
Buyer's Agent
Danielle Taylor
Coldwell Banker Professionals
List Price
$138,900
Sold Price
$117,500
Premium/Discount to List
-$21,400
-15.41%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Meldrum Norman M
Bought by
The Meldrum Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.86%
Mortgage Type
New Conventional
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
Wooley Richard $117,500 Capital Title Insurance Agcy
Wooley Richard $117,500 Ask Services
Meldrum Norman M -- None Available
Meldrum Norman M -- None Listed On Document
The Meldrum Family Living Trust -- None Available
Meldrum Norman M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meldrum Norman M $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $117,500 -15.4% $84 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $138,900 -- $100 / 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 $4,387 $137,900 $0 $0
2024 $3,966 $138,700 $0 $0
2023 $3,697 $118,500 $0 $0
2022 $3,916 $103,600 $0 $0
2021 $3,744 $93,800 $0 $0
2020 $2,850 $89,300 $23,400 $65,900
2019 $2,814 $87,000 $0 $0
2018 $2,760 $76,500 $0 $0
2017 $2,605 $67,200 $0 $0
2016 $2,403 $67,200 $0 $0
2015 -- $66,000 $23,400 $42,600
2014 -- $65,500 $23,400 $42,100
2013 -- $63,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50019792

Michigan Multiple Listing Service

APN: 01-147-0013-000