NOT LISTED FOR SALE

1423 123rd Ave Hopkins, MI 49328

Estimated Value: $163,378 - $253,000

3 Beds
1 Bath
2,524 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $73,000 $29 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,225/month

13 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • 2 Car Detached Garage
  • Home fronts a pond
  • Farmhouse Style Home
  • Porch

About This Home

As of March 2015

WOW! EXCEPTION OPPORTUNITY TO OWN A BEAUTIFUL PIECE OF LAND, MULTIPLE OUTBUILDINGS AND A LARGE PROJECT/HANDY MAN HOME. PRICED ACCORDINGLY, DON'T MISS OUT ON YOUR CHANCE TO OWN 9 ACRES IN THE COUNTRY! THIS HOBBIEST FARM DOES NEED WORK THOUGH. IT WILL NEED A NEW INTERIOR AND ALL MECHANICALS, MAYBE EVEN A ROOF. HOWEVER THIS IS A ONCE IN A LIFETIME OPPORTUNITY AT THIS PRICE TO GET INTO THIS LIFESTYLE VERY INEXPENSIVELY. AND ONCE REPAIRED, THE HOME AND ESTATE WILL BE WORTH SIGNIFICANTLY MORE THAN WHAT YOU PAID. ROOM FOR HORSES AND MUCH, MUCH MORE. THIS IS A FANNIE MAE HOMEPATH PROPERTY. BUYER TO VERIFY ALL LISTING INFORMATION. WELCOME HOME FRIEND, WELCOME HOME!

Last Agent to Sell the Property

Paul Lobsiger

Great Place Realty Group LLC License #6502369947 Listed on: 02/19/2015

Last Buyer's Agent

Paul Lobsiger

Coldwell Banker AJS (28th St)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1900

Lot Details

  • 9 Acre Lot
  • Home fronts a pond
  • The property's road front is unimproved
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Additional Features

  • Porch
  • Barn

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 9 ACRES
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2524.0
  • Tax Info:Annual Property Tax: 822.0
  • Tax Info:Zoning3: Res
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2524.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Full
  • LivingArea: 2524.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 56900.0
  • Lot Features: Wooded
  • Other Structures: Barn(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Unimproved
  • Waterfront Features: Pond
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): 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: 9.0
  • Lot Size Area: 9.0
  • Lot Dimensions: 9 ACRES
  • Lot Size Sq Ft: 392040.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 822.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Terpstra Jacob Michael
Bought by
D & F Properties Llc
Current Estimated Value
$193,345

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 18, 2015
Sold by
Fannie Mae
Bought by
Terpstra Jacob Michael
Seller's Agent
Paul Lobsiger
Great Place Realty Group LLC
Buyer's Agent
Paul Lobsiger
Coldwell Banker AJS (28th St)
List Price
$56,900
Sold Price
$73,000
Premium/Discount to List
$16,100
28.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
May 29, 2014
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae

Purchase Details

Closed on
May 15, 2014
Sold by
Wilbur James R and Wilbur Corrina
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Apr 25, 2012
Sold by
Wilbur James Ray

Purchase Details

Closed on
Feb 12, 2004
Sold by
Wilbur James and Wilbur Corrina
Bought by
Wilbur James R and Wilbur Corrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2000
Sold by
Larson Corrina D
Bought by
Larson Corrina and Wilbur James
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
D & F Properties Llc -- None Available
Terpstra Jacob Michael $73,000 A S K Services Inc
Fannie Mae -- None Available
Green Tree Servicing Llc $118,731 None Available
-- -- None Available
Wilbur James R -- --
Larson Corrina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilbur James R $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $73,000 +28.3% $29 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $56,900 -- $23 / 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 $2,049 $52,900 $37,800 $15,100
2024 $1,829 $52,800 $37,800 $15,000
2023 $1,829 $41,900 $28,800 $13,100
2022 $1,829 $39,300 $28,800 $10,500
2021 $1,727 $38,300 $28,800 $9,500
2020 $1,727 $36,500 $28,800 $7,700
2019 $0 $57,100 $28,800 $28,300
2018 $0 $54,600 $28,800 $25,800
2017 -- $0 $23,500 $0
2016 -- $46,300 $23,500 $22,800
2015 -- $46,300 $23,500 $22,800
2014 -- $46,000 $23,200 $22,800
2013 -- $34,700 $19,200 $15,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15006655

Southwestern Michigan Association of REALTORS®

APN: 23-002-001-00