$280,000
SOLD FEB 11, 2015

1562 S Bates St Birmingham, MI 48009

3 Beds
2 Baths
1,539 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

32% Below List Price

112 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • Main Floor Bedroom
  • Pierce Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of February 2016

This is a Freddie Mac/Homesteps Foreclosure sold in as is condition. Great Location. Walking Distance to Downtown & Parks. Living Rm w/wet plaster & hardwood flrs. Space Saver Kitchen w/ceramic tiled floor, bleached cabinets & double sink. 2nd Floor Master Suite w/full bath & cedar walk in closet. Partially Finished Bsmt. Family Rm w/gas fireplace. Cement Slab for 1 Car Garage. Purchaser is responsible for C of O. This property is eligible under Freddie Mac First Look Initiative through 10/6/14. Investor Offers considered as of 10/7/14.

Last Agent to Sell the Property

Kenneth Ritter

Real Estate One Clinton License #MISPE-6506036671 Listed on: 09/17/2014

Real Estate One Clinton

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45x159
  • Fenced Yard

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,539 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Recreation Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1936331031

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,183

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 5183
  • Year Built: 1945
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors, Walk-In Closet
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Basement: Block, Full, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 15 x 12
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bedroom 3: On Entry Level, Dimensions: 11 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: Family Room, First Floor Bedroom, Living Room, Recreation Room
  • Dining Room: On Entry Level, Dimensions: 11 x 8
  • Family Room: On Entry Level, Dimensions: 19 x 10
  • Kitchen: On Entry Level, Dimensions: 18 x 7
  • Kitchen Features: Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Above Grade Finished Sq Ft: 1539
  • Total Finished Sq Ft: 1539

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 45
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 1936331031
  • Zoning: Residential
  • Location: Subdivision
  • Lot Dimensions: 45x159
  • Acreage: 0.16
  • Map Side Numeric: 24
  • Map Top Alpha: Z
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $4,193.02
  • Winter Tax: Year: 2013, Amount: $989.98
  • Taxable Value: 97220
  • Total Tax: Amount: $5,183.00
  • SEV Year: 2014

MLS Schools

  • School District: Birmingham City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 24, 2016
Sold by
Mceachern John and Mceachern Deanna
Bought by
Baldwin John W and Munro Christina A
Seller's Agent
Kathy Wilson
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Rebecca Meisner
Coldwell Banker Weir Manuel-Bir
List Price
$399,900
Sold Price
$381,500
Premium/Discount to List
-$18,400
-4.6%
Current Estimated Value
$633,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,071
Avg. Annual Appreciation
5.14%
Original Mortgage
$286,125
Outstanding Balance
$230,551
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$386,755

Purchase Details

Listed on
Sep 17, 2014
Closed on
Feb 10, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mceachern John and Mceachern Deanna
Seller's Agent
Kenneth Ritter
Real Estate One Clinton
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$409,900
Sold Price
$280,000
Premium/Discount to List
-$129,900
-31.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.64%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Bruck Craig A and Karibian Anjell K
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 10, 2003
Sold by
Beeskow John and Beeskow Kristy
Bought by
Bruck Craig and Karibian Anjell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2003
Sold by
Beeskow John and Beeskow Kristy
Bought by
Beeskow John and Beeskow Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1998
Sold by
Sotiroff Keith A
Bought by
Beeskow John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $381,500 Devonshire Title Agency
Deed $280,000 None Available
Sheriffs Deed $268,538 None Available
Warranty Deed $353,000 Flagstar Title
Interfamily Deed Transfer -- Flagstar Title Ins Agency
Deed $263,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,000 Purchase Money Mortgage
Previous Owner $173,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Rented $3,250 0.0% --
08/11/2022 08/11/22 Under Contract -- -- --
07/29/2022 07/29/22 Price Changed $3,250 -7.1% $2 / Sq Ft
07/22/2022 07/22/22 For Rent $3,500 +16.7% --
09/24/2020 09/24/20 Rented $3,000 -11.8% --
09/02/2020 09/02/20 Under Contract -- -- --
08/06/2020 08/06/20 For Rent $3,400 +1.5% --
06/01/2017 06/01/17 Rented $3,350 -2.9% --
05/22/2017 05/22/17 Under Contract -- -- --
05/11/2017 05/11/17 For Rent $3,450 0.0% --
02/24/2016 02/24/16 Sold $381,500 -4.6% $230 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $399,900 +42.8% $241 / Sq Ft
02/11/2015 02/11/15 Sold $280,000 -31.7% $182 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $409,900 -- $266 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $8,255 $234,030 $0 $0
2023 $7,878 $219,060 $0 $0
2022 $9,497 $198,190 $0 $0
2021 $9,258 $191,490 $0 $0
2020 $7,341 $180,510 $0 $0
2019 $9,096 $174,880 $0 $0
2018 $8,893 $168,520 $0 $0
2017 $8,810 $165,890 $0 $0
2016 $8,471 $158,760 $0 $0
2015 -- $139,590 $0 $0
2014 -- $118,930 $0 $0
2011 -- $94,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31212710

Michigan Multiple Listing Service

APN: 19-36-331-031