NOT LISTED FOR SALE

1515 Colonial Rd Muskegon, MI 49441

Roosevelt Park Neighborhood

Estimated Value: $205,000 - $265,654

4 Beds
1.5 Baths
1,618 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $190,000 $117 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,520/month

25 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • 1-Story Property
  • Mona Shores High School Rated A-
  • Forced Air Heating System

About This Home

As of April 2024

Property Sold as 24 CFR 206.125 does not allow our Seller to accept anything less than the appraised value which is the list price. Meaning the Seller cannot accept anything less than list price. 4 Bedrooms, 1.5 bath walking distance to Campbell Elementary School and playground. NO Buyer Letters. No Escalation Clauses. Seller makes no repairs or warranties of any kind. Seller will NOT pay for inspections or tests. Purchaser should obtain professional advice & inspections of the property prior to their offer to purchase. All information is estimated, & verification is recommended. Sale Is ''AS IS''.

Last Agent to Sell the Property

Sherri Gradisher

Shoreline Properties of WM LLC License #6502364716 Listed on: 01/25/2024

Last Buyer's Agent

Sherri Gradisher

Shoreline Properties of WM LLC License #6502364716 Listed on: 01/25/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x108

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck

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 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Tri-Level
  • Stories: 1
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70x108
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1618.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 5370.0
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Roofing:Shingle: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1618.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Tri-Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1618.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 200000.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 70x108
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5370.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 21, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Adams Tracy
Seller's Agent
Sherri Gradisher
Shoreline Properties of WM LLC
Buyer's Agent
Sherri Gradisher
Shoreline Properties of WM LLC
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
115
Current Estimated Value
$232,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,994
Avg. Annual Appreciation
16.16%
Original Mortgage
$9,500
Outstanding Balance
$659
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$231,588

Purchase Details

Closed on
Jun 1, 2023
Sold by
Mtg Assets Mgmt Series I Trust
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
Jun 28, 2022
Sold by
Bank Of New York Mellon Trust Company Na
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
May 20, 2022
Sold by
Muskegon County Treasurer
Bought by
Mortgage Assets Management Series I Trust
Source: Public Records

Range of Values:

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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
Adams Tracy $190,000 None Listed On Document
Cascade Funding Mortgage Trust -- None Listed On Document
Cascade Funding Mortgage Trust -- None Listed On Document
Mortgage Assets Management Series I Trust $187,581 Trott Law Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Adams Tracy $9,500
Open Adams Tracy $152,000
Previous Owner Hardy Murphy Lorraine $24,880
Previous Owner Murphy Lorraine Hardy $754
Previous Owner Hardy Murphy Lorraine $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $190,000 -5.0% $117 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $200,000 -- $124 / 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 $7,070 $115,400 $0 $0
2024 $2,944 $109,400 $0 $0
2023 $2,236 $97,900 $0 $0
2022 $5,120 $84,500 $0 $0
2021 $4,898 $76,400 $0 $0
2020 $2,219 $69,400 $0 $0
2019 $2,178 $64,000 $0 $0
2018 $2,127 $55,300 $0 $0
2017 $2,078 $55,500 $0 $0
2016 $789 $48,500 $0 $0
2015 -- $41,400 $0 $0
2014 -- $46,600 $0 $0
2013 -- $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Gradisher

    Seller's Agent in 2024

    Sherri Gradisher

    Shoreline Properties of WM LLC

    (231) 750-2928

    1 in this area

    24 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24004740

Southwestern Michigan Association of REALTORS®

APN: 25-544-000-0877-00

Michigan Muskegon County Muskegon 49441 Roosevelt Park

1515 Colonial Rd, Muskegon, MI

This home is located at 1515 Colonial Rd, Muskegon, MI 49441 since 25 January 2024 and is currently estimated at $237,164, approximately $146 per square foot. This property was built in 1963. 1515 Colonial Rd is a home located in Muskegon County with nearby schools including Mona Shores High School, West Shore Lutheran School, and St. Francis De Sales Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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