$150,000
SOLD MAR 6, 2025

1450 Peet Rd New Lothrop, MI 48460

2 Beds
1 Bath
1,200 Sq Ft
3 Acres

Recently Sold

$125 Per Sq Ft

9% Below List Price

90 Days on Market

Highlights

  • Pole Barn
  • No HOA
  • Porch
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Patio

About This Home

As of March 2025

Quaint farm house with 2 bedrooms and one bathroom. Freshly refinished front porch! New decking pressure treated boards with original posts and corbels hand sanded and primed! The upstairs is one big loft room with the potential to be made into 2 bedrooms. Located on 3 country acres that includes an old hay barn, an unattached garage/shed, and chicken coup. Property has a nice hill that could double as a sledding hill in the winter and runs along the creek. Country living, but not far distance from local shopping in Clio/Montrose/Saginaw area. New lothrop schools. New septic tank and leech field in 2023. New water heater in 2023. Interior freshly painted to be move in ready.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 12/05/2024

Last Buyer's Agent

Michelle Blaisdell

Red Fox Realty LLC License #6501435422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1895

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 369x312x339x461
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Convection Oven
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Additional Features

  • Ground Level
  • Hay Barn

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 20094133004001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Assessment: 330.00
  • Year Built: 1895
  • State Equalized Value: 65700.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Convection Oven, Dryer, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 1200
  • Total Sq Ft: 1200
  • Sq Ft Total Bsmt: 384

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Wood
  • Foundation Materials: Stone
  • Frontage Feet: 461
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Oil
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: New Lothrop

Lot Info

  • Homestead: Yes
  • Lot Features: Cleared, Level
  • Lot Size Area: 3.00
  • Lot Dimensions: 369x312x339x461
  • Parcel Number: 20094133004001

Tax Info

  • Tax Amount Summer: 688.0000
  • Tax Amount Winter: 1784.0000
  • Total Tax: 2472.0000
  • Taxable Value: 62790.0000

MLS Schools

  • School District: New Lothrop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Mar 6, 2025
Sold by
Clark Dakota M and Clark Cindy K
Bought by
White Zacharia
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Michelle Blaisdell
Red Fox Realty LLC
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Views
157
Current Estimated Value
$158,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,602
Avg. Annual Appreciation
11.14%
Original Mortgage
$142,500
Outstanding Balance
$142,381
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$14,092

Purchase Details

Closed on
Oct 31, 2022
Sold by
Sobota Joseph
Bought by
Clark Dakota M and Clark Cindy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2015
Closed on
Sep 14, 2015
Sold by
Thiede Steven T and Thiede Danielle
Bought by
Sobota Joseph
Seller's Agent
Howie Ebenhoeh
REMAX Tri County
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Krupp Kenneth E and Krupp Barbara S
Bought by
Thiede Stephen T

Purchase Details

Closed on
May 17, 2000
Sold by
Wallace Laura M and Wallace Cleo
Bought by
Vergin Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.21%
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 $150,000 Liberty Title
Warranty Deed $135,000 --
Warranty Deed $95,000 Garrow Title Agency Llc
Warranty Deed $76,500 Garrow Title Agency
Warranty Deed $172,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,500 New Conventional
Previous Owner $128,250 New Conventional
Previous Owner $103,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $150,000 -3.2% $125 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
01/01/2025 01/01/25 Price Changed $155,000 -0.6% $129 / Sq Ft
01/01/2025 01/01/25 Price Changed $155,900 -5.5% $130 / Sq Ft
12/05/2024 12/05/24 For Sale $164,900 +73.6% $137 / Sq Ft
09/14/2015 09/14/15 Sold $95,000 -13.6% $78 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $109,900 -- $90 / Sq Ft
Source: Realcomp

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 $688 $65,700 $0 $0
2023 $655 $59,800 $0 $0
2022 $1,677 $49,100 $0 $0
2021 $1,563 $46,900 $0 $0
2020 $1,543 $43,300 $0 $0
2019 $1,475 $38,900 $7,600 $31,300
2018 $378 $41,400 $0 $0
2017 $1,278 $38,100 $0 $0
2016 $1,272 $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240089798

Realcomp

APN: 20094133004001