NOT LISTED FOR SALE

1502 W Ellis Ave Belding, MI 48809

Estimated Value: $234,000 - $300,000

3 Beds
1 Bath
1,420 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $47,000 $33 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $1,647/month

11 Days on Market

Highlights

  • 0.72 Acre Lot
  • Shed
  • Dining Area
  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2015

Great 3 bedroom, 1 bath home on large corner lot. Home has wood burning fireplace in living room, walls have been freshly painted and flooring has been removed. Home needs some updating. Large basement ready to finish. SEE ATTACHMENT FOR PAS REQUIREMENTS AND WFHM OFFER SUBMITTAL INFORMATION IN MLS DOCUMENT SECTION. TO REPORT ANY CONCERNS WITH A LISTING BROKER/AGENT OR TO REPORT ANY PROPERTY CONDITION OR OTHER CONCERN NEEDING ESCALATION, INCLUDING CONCERNS RELATED TO A PREVIOUSLY SUBMITTED OFFER OR INFORMATION ON HOW TO PLACE AN OFFER, PLEASE CALL 1-877-617-5274.

Last Agent to Sell the Property

Tammy Tomich

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) License #6501282887 Listed on: 03/27/2015

Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

Last Buyer's Agent

Mark Petersen

RE/MAX United (Greenville) - I License #6502100362

RE/MAX United (Greenville) - I

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 100x140

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1420.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1672.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Outbuildings:Storage Shed: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1420.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 29900.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Dimensions: 100x140
  • Lot Size Sq Ft: 31363.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1672.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 27, 2015
Sold by
Wells Fargo Financial America Inc
Bought by
Jankens Rachel Rebecca
Seller's Agent
Tammy Tomich
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Buyer's Agent
Mark Petersen
RE/MAX United (Greenville) - I
List Price
$29,900
Sold Price
$47,000
Premium/Discount to List
$17,100
57.19%
Current Estimated Value
$265,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,080
Avg. Annual Appreciation
18.02%

Purchase Details

Closed on
Feb 6, 2014
Sold by
Mahlich Lloyd and Mahlich Carol
Bought by
Wells Fargo Financial American Inc

Purchase Details

Closed on
Jan 31, 2007
Sold by
Engemann Douglas
Bought by
Mahlich Lloyd and Mahlich Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jankens Rachel Rebecca $47,000 Servicelink Llc
Wells Fargo Financial American Inc $11,943 None Available
Mahlich Lloyd $108,000 Greenridge Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahlich Lloyd $96,668
Previous Owner Mahlich Lloyd $10,787
Previous Owner Mahlich Lloyd $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $47,000 +57.2% $33 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $29,900 -- $21 / 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 $2,460 $111,800 $24,100 $87,700
2024 $2,304 $111,800 $24,100 $87,700
2023 $2,211 $85,400 $15,500 $69,900
2022 $2,106 $85,400 $15,500 $69,900
2021 $2,186 $73,400 $13,400 $60,000
2020 $2,041 $73,400 $13,400 $60,000
2019 $1,912 $70,700 $12,400 $58,300
2018 $2,139 $54,000 $11,500 $42,500
2017 $1,928 $54,000 $11,500 $42,500
2016 $1,912 $43,900 $6,300 $37,600
2015 -- $43,900 $6,300 $37,600
2014 $1,700 $41,700 $6,300 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15013120

Southwestern Michigan Association of REALTORS®

APN: 401-040-000-155-00