NOT LISTED FOR SALE

1521 E Winegar Rd Morrice, MI 48857

Estimated Value: $200,819 - $256,000

4 Beds
2 Baths
1,672 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2013

Last sale price $57,118 $34 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,330 / mo

About This Home

4 bedrooms, 2 baths. city lot, storage shed. Easy access to I69. State Road is paved. Great investment opportunity. This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for Homepath and HomePath Renovation Mortgage. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All offers must include a pre approval letter from a direct endorsement lender. Minimum 10% earnest money deposit if cash purchase. Cash offers to include proof of funds. All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2012
Closed on
Mar 4, 2013
Sold by
Fannie Mae
Bought by
Dodson Dyana
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Lynn Stuart
Stuart & Associates Real Estate LLC
List Price
$54,900
Sold Price
$57,118
Premium/Discount to List
$2,218
4.04%
Current Estimated Value
$225,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,588
Avg. Annual Appreciation
10.91%
Original Mortgage
$58,283
Outstanding Balance
$41,720
Interest Rate
3.86%
Estimated Equity
$181,985

Purchase Details

Closed on
Aug 24, 2012
Sold by
Servicing Lp Bac Home Loans
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 11, 2012
Sold by
Duffield Christie
Bought by
Bank Of America
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dodson Dyana $57,118 --
Fannie Mae -- --
Bank Of America $118,274 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodson Dyana $58,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2013 03/05/13 Sold $57,118 +4.0% $34 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $54,900 -- $33 / Sq Ft

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 $1,501 $79,800 $0 $0
2024 $1,501 $74,300 $0 $0
2023 $512 $72,400 $0 $0
2022 $1,376 $62,400 $0 $0
2021 $1,303 $56,700 $0 $0
2020 $1,304 $56,900 $0 $0
2019 $1,114 $47,900 $0 $0
2018 $1,270 $47,500 $0 $0
2017 $1,191 $41,800 $0 $0
2016 -- $41,800 $0 $0
2015 -- $37,400 $0 $0
2014 $5 $40,500 $0 $0
Source: Public Records

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