NOT LISTED FOR SALE

1539 Palm Tree Ct Richfield Township, MI 48656

Estimated Value: $154,000 - $184,000

0.3 Acre
$575,590 Price per Acre
13,068 Sq Ft Lot

Last Sold November 26, 2013

Last sale price $15,000 $9 Per Sq Ft

Est. 1,051% increase in value since last sale

Current estimated payment $1,000/month

About This Lot

As of November 2013

Investment property, 3 bedrooms, 2 bath and huge lot, one car garage, Natural Gas, Forced Air furnace, Central Air

Last Agent to Sell the Property

Carlos Jean-Francois

RE/MAX Land and Lakes License #6502368593 Listed on: 11/21/2013

RE/MAX Land and Lakes

Co-Listed By

Laurie Jamison

Northern Michigan Real Estate Brokers, LLC License #6502368477

Last Buyer's Agent

Carlos Jean-Francois

RE/MAX Land and Lakes License #6502368593 Listed on: 11/21/2013

RE/MAX Land and Lakes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60x224x139x173

Parking

  • 1 Car Garage

Home Design

  • 1,648 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Septic Tank
  • Septic System

Community Details

  • Land O Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 72-010-493-190-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,135

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: West Airport Road to left on Otsego Rd to right at stop sign to left on Palm Tree Court to sign on right
  • Lot Size: 60x224x139x173
  • Prop. Type: Residential
  • Year Built: 1960
  • PropertySubType: Residential Lot
  • Lot Size Acres: 0.3
  • Road Surface Type: Maintained
  • Co List Office Phone: 231-839-6500
  • MLS Status: Closed
  • Subdivision Name: Land O Lakes
  • Above Grade Finished Sq Ft: 1648.0
  • Architectural Style: Ranch
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 60x224x139x173
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Sewer:Septic2: Yes
  • Exterior:Vinyl2: Yes
  • HeatingAir Central Air2: Yes
  • General Property Information:Acres: 0.3
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: No

Garage/Parking

  • Property Information:Garage Stall2: 1

Utilities

  • Sewer: Septic Tank
  • Heating: Central Air
  • HeatingYN: Yes

Schools

  • Junior High Dist: Roscommon

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 72-010-493-190-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Nov 26, 2013
Sold by
Christner Randolph and Christner Kari Lynn
Bought by
Tucker Nova S
Seller's Agent
Carlos Jean-Francois
RE/MAX Land and Lakes
Buyer's Agent
Carlos Jean-Francois
RE/MAX Land and Lakes
Sold Price
$15,000
Current Estimated Value
$172,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,677
Avg. Annual Appreciation
22.75%

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 20, 2013
Sold by
Flagstar Bank Fsb
Bought by
Christner Randolph
Seller's Agent
Carlos Jean-Francois
RE/MAX Land and Lakes
Buyer's Agent
Carlos Jean-Francois
RE/MAX Land and Lakes
Sold Price
$8,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.70%

Purchase Details

Closed on
Mar 25, 2013
Sold by
Fannie Mae
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 14, 2012
Sold by
Citimortgage Inc
Bought by
Federal Naional Mortgage Assn

Purchase Details

Closed on
Aug 7, 2004
Sold by
Ellis Robert G and Ellis Darcia
Bought by
Meir Lloyd A and Meir Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tucker Nova S $15,000 --
Christner Randolph $8,000 Park Title
Citimortgage Inc -- None Available
Federal Naional Mortgage Assn -- None Available
Meir Lloyd A -- Milltown Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meir Lloyd A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2013 11/26/13 Sold $15,000 +87.5% $9 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
05/31/2013 05/31/13 Sold $8,000 -- $5 / Sq Ft View Prior Sale
05/09/2013 05/09/13 Pending -- -- --
Source: Water Wonderland Board 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 $1,135 $67,300 $0 $0
2024 $330 $53,900 $0 $0
2023 $316 $53,900 $0 $0
2022 $1,028 $42,600 $0 $0
2021 $1,000 $38,800 $0 $0
2020 $989 $33,200 $0 $0
2019 $913 $32,900 $0 $0
2018 $883 $29,300 $0 $0
2016 $851 $28,800 $0 $0
2015 -- $29,300 $0 $0
2014 -- $27,300 $0 $0
2013 -- $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 21111502

Water Wonderland Board of REALTORS®

APN: 010-493-190-0000