NOT LISTED FOR SALE

1408 Water St Eaton Rapids, MI 48827

Estimated Value: $164,000 - $197,000

3 Beds
1 Bath
1,239 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $35,500 $29 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $1,112/month

97 Days on Market

Highlights

  • Barn
  • Ranch Style House
  • Forced Air Heating System
  • 0.92 Acre Lot
  • Living Room
  • Dining Room

About This Home

As of July 2016

Great investment or sweat equity opportunity perfect for a handy person. The home sits on almost 1 acre of land in the City of Eaton Rapids! Updated siding and water heater. This home offers some traditional charm with hardwoods, built in shelving, and a barn out back. With some TLC, this home could shine again! The sale is subject to lien holder approval. Short sale is already in process with the bank, ready for an offer! Cash or Conventional only please. Legal Description: COMMENCING AT THE CENTER OF SECTION 3, EAST 254.02 FEET TO THE CENTER OF WATER STREET, SOUTH 38DEG 21MIN 37SEC EAST ALONG THE CENTER/LINE OF THE STREET 172.74 FEET, NORTH 87DEG 10MIN 13SEC WEST 366.88 FEET TO THE NORTH & SOUTH 1/4 LINE, NORTH 130 FEET TO BEGINNING, SECTION 3, T1N, R3W, CITY OF EATON RAPIDS. DEEDED 10-7 -08 RECORDED 7-16-09 (ADJUSTMENT) SPLIT FROM 300-003-400-055-00 FOR THE 2010 TAX

Last Agent to Sell the Property

Rachel Willey

All Star Realty License #6501356822 Listed on: 12/15/2015

Last Buyer's Agent

Stacee Robison

Keller Williams Realty Lansing License #6501387487

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.92 Acre Lot
  • Fenced

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,239 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Year Built: 1900
  • Lot Size Acres: 0.92
  • Lot Size: .98
  • Above Grade Finished Sq Ft: 1239.0
  • Architectural Style: Ranch
  • Living Area: 1239.0
  • General Property Info:Lot Size Dimensions: .98
  • General Property Info:Above Grade Finished Area: 1239.0
  • General Property Info:Total Livable Area: 1239.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Other Structures:Barn(s): Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 1639.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Michigan, Partial
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • OtherStructures: Barn(s)
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Jul 20, 2016
Sold by
Gregg Tracy and Weston Tracy
Bought by
Cook Kim and Cook Kim M
Seller's Agent
Rachel Willey
All Star Realty
Buyer's Agent
Stacee Robison
Keller Williams Realty Lansing
List Price
$44,900
Sold Price
$35,500
Premium/Discount to List
-$9,400
-20.94%
Current Estimated Value
$179,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,874
Avg. Annual Appreciation
19.44%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Weston Tracy
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 16, 2010
Sold by
Stetz Michael N and Stetz Brenda
Bought by
Weston Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,367
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2006
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2001-D

Purchase Details

Closed on
Dec 22, 2005
Sold by
Cuson Jeffrey D
Bought by
Option One Mortgage Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cook Kim $35,500 None Available
Jpmorgan Chase Bank National Association $26,250 Attorney
Weston Tracy $76,800 Diversified National Title
Wells Fargo Bank Na -- None Available
Option One Mortgage Corp $94,058 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weston Tracy $78,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $35,500 +18.7% $29 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/11/2016 03/11/16 Price Changed $29,900 -21.3% $24 / Sq Ft
01/15/2016 01/15/16 Price Changed $38,000 -15.4% $31 / Sq Ft
12/15/2015 12/15/15 For Sale $44,900 -- $36 / Sq Ft
Source: Greater Lansing 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 $1,626 $86,100 $0 $0
2024 $1,146 $78,600 $0 $0
2023 $1,158 $70,500 $0 $0
2022 $1,574 $63,700 $0 $0
2021 $1,518 $60,200 $0 $0
2020 $1,504 $57,100 $0 $0
2019 $1,484 $29,482 $0 $0
2018 $1,456 $34,580 $0 $0
2017 $1,510 $33,250 $0 $0
2016 -- $31,500 $0 $0
2015 -- $30,600 $0 $0
2014 -- $30,000 $0 $0
2013 -- $29,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 77654

Greater Lansing Association of Realtors®

APN: 300-003-400-055-01