NOT LISTED FOR SALE

1521 E Winegar Rd Morrice, MI 48857

Estimated Value: $203,822 - $264,000

4 Beds
2 Baths
1,672 Sq Ft
$135/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

22 Days on Market

Highlights

  • Deck
  • Porch
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Shed

About This Home

As of March 2013

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.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 11/20/2012

Last Buyer's Agent

Lynn Stuart

Stuart & Associates Real Estate LLC License #6502321602

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.32

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

1.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1672.0
  • General Property Info:Lot Size Dimensions: 1.32 acres
  • General Property Info:Reserved Items: No
  • General Property Info:Above Grade Finished Area: 1672.0
  • General Property Info:Level 2 Finished Area: 600.0
  • General Property Info:Level 1 Finished Area: 1072.0
  • General Property Info:Total Livable Area: 1672.0
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Propane
  • Total Bedrooms: 4
  • Dining Room Level: First
  • Living Room Level: First
  • Levels: One and One Half
  • Bedroom 3 Level: First
  • Other Level: Second
  • Full Bathrooms: 2
  • Living Area: 1672.0
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Rooms:Dining Room2: Yes
  • Rooms:Kitchen2: Yes
  • Rooms:Kitchen Level2: First
  • Rooms:Living Room2: Yes
  • Rooms:Primary Bedroom2: Yes
  • Primary Bedroom Level: First
  • Levels:One and One Half: Yes
  • Basement:Partial: Yes
  • Appliances:Electric Water Heater: Yes
  • General Property Info:SqFt - Basement: 912.0
  • Rooms:Other37: Yes
  • Appliances:None3: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes
  • Exterior:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Parking Features Garage Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Electric Water Heater
  • Water Source: Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Morrice

Lot Info

  • Lot Size: 1.32 acres
  • Land Acreage:_one_ thru 2 Acres: Yes
  • Location Legal Info:Real Estate Owned: Yes

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Info:Taxable Value: 39500.0
  • Tax Info:State Eq Value: 39500.0

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
10.98%
Original Mortgage
$58,283
Outstanding Balance
$41,720
Interest Rate
3.86%
Estimated Equity
$183,986

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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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
03/05/2013 03/05/13 Sold $57,118 +4.0% $34 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $54,900 -- $33 / Sq Ft
Source: Greater Lansing Association of Realtors®

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

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Karla Russell

    RE/MAX Michigan

  • L

    Buyer's Agent in 2013

    Lynn Stuart

    Stuart & Associates Real Estate LLC

    (517) 339-4663

    34 Total Sales

    Lynn Stuart
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 42841

Greater Lansing Association of Realtors®

APN: 015-05-200-010

Michigan Shiawassee County Morrice 48857

1521 E Winegar Rd, Morrice, MI

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