NOT LISTED FOR SALE

14880 Turner Rd Dewitt, MI 48820

Estimated Value: $262,000 - $302,000

3 Beds
2 Baths
1,320 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $61,025 $46 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,769/month

About This Home

What a terrific equity opportunity! Yes, this property needs a lot of work and yet it represents tremendous opportunity for the right buyer. This 1,320-square foot ranch style walkout home sits on .848 acres with a 28’ x 48’ pole barn. The property is connected to city sewer and has well water. The home is priced for a quick sale based on the condition. It is not bank owned or a distressed sale. The house has 3 bedrooms on the main floor and there are 2 full bathrooms. The house has a nice layout with a living room on the front of the house. There is a family room just off the kitchen/dining area. The kitchen plumbing is currently not functional. The bathroom off the master bedroom has been gutted. There are grading issues around the foundation and the basement floods when there is a lot of rain. Cash and conventional offers only. No land contracts or other financing options will be considered.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Smith Peggy and Smith Joe R
Bought by
Madar Justin F and Grubb Ashlynn
Current Estimated Value
$278,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Outstanding Balance
$147,834
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$130,547

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 1, 2017
Sold by
Brown Gary Edward
Bought by
Smith Joe R and Smith Peggy
Seller's Agent
Brock Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Carol (Antoinette) Perry
Non Member Office
List Price
$45,000
Sold Price
$61,025
Premium/Discount to List
$16,025
35.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Madar Justin F $177,000 Liberty Title
Smith Joe R $61,025 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madar Justin F $168,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2017 11/01/17 Sold $61,025 +35.6% $46 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $45,000 -- $34 / Sq Ft

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 $3,386 $123,300 $18,500 $104,800
2024 $22 $109,500 $17,300 $92,200
2023 $2,118 $100,000 $0 $0
2022 $3,067 $90,400 $15,600 $74,800
2021 $2,973 $83,700 $15,400 $68,300
2020 $2,939 $79,600 $15,800 $63,800
2019 $2,134 $61,800 $14,800 $47,000
2018 $2,884 $57,900 $16,200 $41,700
2017 $2,741 $61,600 $15,600 $46,000
2016 $2,715 $59,100 $14,900 $44,200
2015 $1,676 $56,100 $0 $0
2011 -- $57,500 $0 $0
Source: Public Records

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