NOT LISTED FOR SALE

1502 Musgrave Ct South Bend, IN 46614

Estimated Value: $232,000 - $261,000

4 Beds
1.5 Baths
1,886 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $182,000 $97 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,552/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of December 2021

Beautiful 4 Bedroom Tri Level in Crestwood Manor. This home has a large family room on the lower level and nice sized Kitchen on the main level! Roof was replaced in 2015, and a newer water softener installed in 2020, it is a very well taken care of home. Located in the very desirable South Side of South Bend.

Last Agent to Sell the Property

Tyler Glenn

Tiffany Group Real Estate Advisors LLC Listed on: 11/11/2021

Last Buyer's Agent

Gretchen Scope

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1972

Lot Details

  • 8,586 Sq Ft Lot
  • Lot Dimensions are 80x80
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Crawl Space

Schools

  • Hay Elementary School
  • Jackson Middle School
  • Riley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-31-177-023.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,618

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 49
  • Style: Tri-Level
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 151 CREST MANOR SEC 4
  • Parcel Number ID: 71-09-31-177-023.000-002
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2694
  • Total Finished Sq Ft: 1886
  • Above Grade Finished Sq Ft: 1486
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 808
  • Price Per Sq Ft: 122.48
  • Basement: Yes
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x9, On Level: Upper
  • Bedroom 2: Dimensions: 9x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 9x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1208

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Hay
  • Middle School: Jackson
  • High School: Riley
  • Elementary School: Hay

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x80
  • Estimated Lot Sq Ft: 8586
  • Estimated Lot Size Acres: 0.1971
  • Lot Number: 151

Tax Info

  • Annual Taxes: 1618
  • Total Assessed Value: 148000

MLS Schools

  • High School: Riley
  • Middle School: Jackson
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 27, 2021
Sold by
Skwiat Gerald W and Skwiat Dorthy
Bought by
Kratz Kelly Matthew and Kratz Samantha Kay
Seller's Agent
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Gretchen Scope
Coldwell Banker Real Estate Group
List Price
$182,000
Sold Price
$182,000
Total Days on Market
1
Current Estimated Value
$245,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,852
Avg. Annual Appreciation
9.05%
Original Mortgage
$162,000
Outstanding Balance
$150,591
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$95,261

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 17, 2021
Sold by
Skwiat Gerald W and Skwiat Dorthy
Bought by
Kratz Kelly Matthew and Kratz Samantha Kay
Seller's Agent
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
Buyer's Agent
Gretchen Scope
Coldwell Banker Real Estate Group
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$150,591
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$95,261

Purchase Details

Listed on
Sep 18, 2019
Closed on
Dec 10, 2019
Sold by
Woods Jerry L and Woods Cora L
Bought by
Skwiat Gerald W and Skwiat Dorthy
Seller's Agent
Dennis Bamber
Cressy & Everett- Elkhart
Buyer's Agent
Pam Colen
McKinnies Realty, LLC
List Price
$139,900
Sold Price
$137,400
Premium/Discount to List
-$2,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 28, 2016
Sold by
Vlasselaer A J Van
Bought by
Woods Jerry L and Woods Cora L
Seller's Agent
Gloria Prawat
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Virginia Montero-Smith
RE/MAX 100
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$122,405
Interest Rate
3.37%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Kratz Kelly Matthew $215,460 Drake Andrew R
Kratz Kelly Matthew -- None Available
Skwiat Gerald W -- Fidelity National Title
Woods Jerry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kratz Kelly Matthew $162,000
Closed Kratz Kelly Matthew $162,000
Previous Owner Woods Jerry L $122,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $182,000 0.0% $97 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $182,000 +32.5% $97 / Sq Ft
12/02/2019 12/02/19 Sold $137,400 -1.8% $71 / Sq Ft
09/18/2019 09/18/19 For Sale $139,900 +12.0% $73 / Sq Ft
09/28/2016 09/28/16 Sold $124,900 -3.8% $66 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $129,900 -- $69 / Sq Ft
Source: Indiana Regional MLS

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 $2,065 $190,500 $40,400 $150,100
2023 $2,018 $168,800 $40,400 $128,400
2022 $2,018 $172,200 $40,400 $131,800
2021 $1,842 $148,000 $26,400 $121,600
2020 $1,661 $137,700 $25,000 $112,700
2019 $1,321 $127,800 $23,200 $104,600
2018 $1,158 $99,700 $18,000 $81,700
2017 $1,259 $104,700 $18,000 $86,700
2016 $1,226 $104,700 $18,000 $86,700
2014 $1,088 $96,700 $11,400 $85,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202147450

Indiana Regional MLS

APN: 71-09-31-177-023.000-002