NOT LISTED FOR SALE

1481 Barron Lake Rd Niles, MI 49120

Estimated Value: $249,419 - $301,000

3 Beds
1.5 Baths
1,960 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $40,000 $20 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $1,625/month

94 Days on Market

Highlights

  • 2 Acre Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2012

Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 1/04/2012.

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 12/23/2011

Weichert Realtors-Gold Star

Co-Listed By

TARAH SHETERON

Cressy & Everett Real Estate License #6501334297

Last Buyer's Agent

George Muthart

Weichert Realtors-Gold Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1955

Lot Details

  • 2 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: see three tax codes
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1960.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 903.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1960.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1960.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 768.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 44800.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Dimensions: see three tax codes
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 903.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2011
Closed on
Mar 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thornton David
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
George Muthart
Weichert Realtors-Gold Star
List Price
$44,800
Sold Price
$40,000
Premium/Discount to List
-$4,800
-10.71%
Current Estimated Value
$275,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,105
Avg. Annual Appreciation
15.32%
Original Mortgage
$62,000
Outstanding Balance
$44,959
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$230,146

Purchase Details

Closed on
Aug 31, 2011
Sold by
Beckman William R and Beckman Doris M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 1, 2004
Sold by
Beckman Jacob A
Bought by
Beckman William R and Beckman Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.93%
Source: Public Records

Range of Values:

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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
Thornton David $40,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $123,889 None Available
Beckman William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton David $62,000
Previous Owner Beckman William R $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $40,000 -10.7% $20 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $44,800 -- $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 $2,004 $105,200 $105,200 $0
2024 $810 $104,200 $104,200 $0
2023 $748 $84,700 $0 $0
2022 $712 $92,200 $0 $0
2021 $1,571 $85,600 $0 $0
2020 $1,554 $84,600 $0 $0
2019 $1,497 $82,100 $0 $0
2018 $656 $67,200 $0 $0
2017 $642 $67,400 $0 $0
2016 $562 $52,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Brown

    Seller's Agent in 2012

    Jeffrey Brown

    Weichert Realtors-Gold Star

    (574) 532-4622

    3 in this area

    78 Total Sales

    Jeffrey Brown
    Section Image
  • TARAH SHETERON

    Seller Co-Listing Agent in 2012

    TARAH SHETERON

    Cressy & Everett Real Estate

    (269) 876-9276

    5 in this area

    143 Total Sales

    TARAH SHETERON
    Section Image

  • G

    Buyer's Agent in 2012

    George Muthart

    Weichert Realtors-Gold Star

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11065723

Southwestern Michigan Association of REALTORS®

APN: 14-020-016-050-01

Michigan Cass County Niles 49120

1481 Barron Lake Rd, Niles, MI

This home is located at 1481 Barron Lake Rd, Niles, MI 49120 since 23 December 2011 and is currently estimated at $275,105, approximately $140 per square foot. This property was built in 1955. 1481 Barron Lake Rd is a home located in Cass County with nearby schools including James Ellis School, Howard-Ellis Elementary School, and Oak Manor Sixth Grade Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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