NOT LISTED FOR SALE

Estimated Value: $445,000 - $523,000

3 Beds
2 Baths
1,550 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 05, 2012

Last sale price $225,000 $145 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,284/month

50 Days on Market

Highlights

  • Fenced Yard
  • Central Air
  • 3-minute walk to Bluett Park
  • Indian Grove Elementary School Rated A-

About This Home

As of July 2012

Property is in move in condition but is Corporate owned-REO/Sold As Is. All contracts/offers are subject to seller's senior mngmnt approval-any/all offers or counter offers by seller are not binding unless the entire agreement is ratified by all parties. BUYER TO PAY $75 DOC FEE @ CLOSING. Buyer/buyers agent responsible for any/all inspections (including point of sale)/escrows/etc.

Last Agent to Sell the Property

Pamela Morris

Unlimited Property Management License #471007957 Listed on: 04/03/2012

Last Buyer's Agent

Nila Shah

Next Century Real Estate, Inc. License #475129104

Property Details

Home Type

  • Other

Year Built

  • 1966

Lot Details

  • 0.25

Parking

  • 2

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Fenced Yard

Property Details

Home Type

Other

Year Built

1966

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 5
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X11
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X11
  • Living Room Level: Not Applicable
  • Dining Room Level: Not Applicable
  • Family Room Level: Main Level
  • Family Room Size: 13X23
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 21X25

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 130X86X105X39
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jun 8, 2012
Sold by
Deustche Bank National Trust Company
Bought by
Dave Nilesh M and Dave Ami N
Seller's Agent
Pamela Morris
Unlimited Property Management
Buyer's Agent
Nila Shah
Next Century Real Estate, Inc.
List Price
$241,000
Sold Price
$225,000
Premium/Discount to List
-$16,000
-6.64%
Current Estimated Value
$487,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,305
Avg. Annual Appreciation
5.68%
Original Mortgage
$202,500
Outstanding Balance
$138,438
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$336,981

Purchase Details

Closed on
Feb 25, 2011
Sold by
Bucu Fira Ioan M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 1, 2006
Sold by
Lee Mi Sun
Bought by
Bucu Fira Ioan M and Fit Alina I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2002
Sold by
Broberg Lynnea
Bought by
Lee Mi Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.24%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Olson Thomas A
Bought by
Broberg Lynnea and Olson Lynnea

Purchase Details

Closed on
Sep 29, 1999
Sold by
Sayerstad Alice
Bought by
Olson Thomas A

Purchase Details

Closed on
Nov 7, 1994
Sold by
Sayerstad Roy E and Sayerstad Alice G
Bought by
Sayerstad Alice and Alice Sayerstad Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dave Nilesh M $225,000 Fidelity National Title
Deutsche Bank National Trust Company -- None Available
Bucu Fira Ioan M $376,000 Multiple
Bucu Fira Ioan M $376,000 Multiple
Lee Mi Sun $272,000 --
Broberg Lynnea -- --
Olson Thomas A $218,000 Professional National Title
Sayerstad Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dave Nilesh M $202,500
Previous Owner Bucu Fira Ioan M $300,800
Previous Owner Lee Mi Sun $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2012 07/05/12 Sold $225,000 -6.6% $145 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $241,000 0.0% $155 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $241,000 +7.1% $155 / Sq Ft
04/03/2012 04/03/12 Off Market $225,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,815 $41,000 $11,608 $29,392
2024 $8,815 $34,001 $9,950 $24,051
2023 $8,429 $34,001 $9,950 $24,051
2022 $8,429 $34,001 $9,950 $24,051
2021 $7,733 $27,737 $6,356 $21,381
2020 $7,565 $27,737 $6,356 $21,381
2019 $7,790 $30,922 $6,356 $24,566
2018 $6,920 $25,336 $5,527 $19,809
2017 $6,955 $25,336 $5,527 $19,809
2016 $6,790 $25,336 $5,527 $19,809
2015 $6,427 $22,500 $4,698 $17,802
2014 $6,750 $23,810 $4,698 $19,112
2013 $6,573 $23,810 $4,698 $19,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08034084

Midwest Real Estate Data (MRED)

APN: 03-35-417-005-0000