NOT LISTED FOR SALE

14950 Reid Rd Bruce Township, MI 48065

Estimated Value: $384,000 - $471,000

3 Beds
2 Baths
1,603 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $157,000 $98 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,639/month

10 Days on Market

Highlights

  • Stables
  • 9.76 Acre Lot
  • No HOA
  • Orville C. Krause Elementary School Rated A-
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of October 2012

HIGHEST AND BEST DUE 8/26/12 @ 8:30PM TREMENDOUS VALUE! 3 BEDROOM 2 BATH RANCH STYLE HOME ON ALMOST 10 ACRES. SMALL POND AT REAR OF PROPERTY. LARGE HORSE BARN. NICELY UPDATED THROUGHOUT AND MOVE IN READY. BUYER RESPONSIBLE FOR C OF O IF REQUIRED. AS IS

Last Agent to Sell the Property

Patrick Parrott

The Parrott Team, LLC License #6502352765 Listed on: 08/21/2012

The Parrott Team, LLC

Last Buyer's Agent

Patrick Parrott

The Parrott Team, LLC License #RCO-6502352765

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 9.76

Home Design

  • 1,603 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Liquid Propane Gas Water Heater

Additional Features

  • 9.76 Acre Lot
  • Stables
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0112400007
  • $4,710 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1603
  • Total Sq Ft: 1603

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Armada

Lot Info

  • List Price per Acre: 15871.0000
  • Lot Size Area: 9.76
  • Lot Dimensions: 328 X
  • Parcel Number: 0112400007

Tax Info

  • Tax Amount Summer: 2753.0000
  • Tax Amount Winter: 2197.0000
  • Total Tax: 4950.0000

MLS Schools

  • School District: Armada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 30, 2012
Sold by
Fannie Mae
Bought by
Schwartz Michael D and Jasmund Melissa
Seller's Agent
Patrick Parrott
The Parrott Team, LLC
Buyer's Agent
Patrick Parrott
The Parrott Team, LLC
List Price
$154,900
Sold Price
$157,000
Premium/Discount to List
$2,100
1.36%
Current Estimated Value
$414,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,654
Avg. Annual Appreciation
7.88%
Original Mortgage
$154,156
Outstanding Balance
$107,314
Interest Rate
3.32%
Mortgage Type
FHA
Estimated Equity
$307,340

Purchase Details

Closed on
May 16, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 28, 2011
Sold by
Sztaba Donald R and Sztaba Julie S
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 10, 2004
Sold by
Ampola Lou
Bought by
Sztaba Donald R and Sztaba Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2001
Sold by
Miller Debra R
Bought by
Ampola Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,400
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Schwartz Michael D $157,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bac Home Loans Servicing Lp $236,337 None Available
Sztaba Donald R $295,000 Metropolitan Title Company
Ampola Lou $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Michael D $154,156
Previous Owner Sztaba Donald R $236,000
Previous Owner Ampola Lou $212,000
Previous Owner Ampola Lou $212,000
Previous Owner Ampola Lou $212,000
Previous Owner Ampola Lou $212,000
Previous Owner Ampola Lou $224,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $157,000 0.0% $98 / Sq Ft
10/31/2012 10/31/12 Sold $157,000 +1.4% $98 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/31/2012 08/31/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $154,900 -21.7% $97 / Sq Ft
05/09/2012 05/09/12 For Sale $197,900 -- $123 / 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
2025 $4,556 $183,400 $0 $0
2024 $2,723 $166,900 $0 $0
2023 $2,581 $152,700 $0 $0
2022 $4,191 $143,100 $0 $0
2021 $4,010 $133,600 $0 $0
2020 $2,379 $135,500 $0 $0
2019 $3,702 $127,300 $0 $0
2018 $0 $140,130 $0 $0
2017 $3,553 $130,123 $54,294 $75,829
2016 $3,532 $129,060 $0 $0
2015 -- $113,920 $0 $0
2014 -- $107,510 $43,890 $63,620
2011 -- $108,490 $39,400 $69,090
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patrick Parrott

    The Parrott Team, LLC

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Map

Source: Realcomp

MLS Number: 212086912

Realcomp

APN: 14-01-12-400-007

Michigan Macomb County Bruce Township 48065

14950 Reid Rd, Bruce Township, MI

This home is located at 14950 Reid Rd, Bruce Township, MI 48065 since 21 August 2012 and is currently estimated at $414,654, approximately $258 per square foot. This property was built in 1960. 14950 Reid Rd is a home located in Macomb County with nearby schools including Orville C. Krause Elementary School, Armada Middle School, and Armada High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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