NOT LISTED FOR SALE

16071 Farmstone St Schoolcraft, MI 49087

Estimated Value: $403,000 - $469,000

0.66 Acre
$666,894 Price per Acre
28,750 Sq Ft Lot

Last Sold February 27, 2014

Last sale price $19,000

Est. 2,217% increase in value since last sale

Current estimated payment $2,508/month

193 Days on Market

About This Lot

As of February 2014

Wonderful building site in area of fine and newer homes, on over half an acre lot. Quiet neighborhood setting, in a newer sub division in Schoolcraft. Located just minutes away from all that Schoolcraft, Portage, Kalamazoo or Three Rivers has to offer. Convenient 131 access. Ready to build. Land Contract terms available.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 07/08/2013

Last Buyer's Agent

Pamella Knapp

RE/MAX Advantage License #6501304748

RE/MAX Advantage

Property Details

Property Type

  • Land

Lot Details

  • 0.66 Acre Lot
  • Cleared Lot
  • Finished Lot(s)

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 19900.0
  • Lot Features: Buildable, Cleared

Lot Info

  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Size Sq Ft: 28750.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 715.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Feb 27, 2014
Sold by
Murray Jeffrey G
Bought by
Koning Kaitlin and Koning Ryan
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Pamella Knapp
RE/MAX Advantage
List Price
$19,900
Sold Price
$19,000
Premium/Discount to List
-$900
-4.52%
Current Estimated Value
$440,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,150
Avg. Annual Appreciation
30.93%
Original Mortgage
$219,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 23, 2009
Sold by
Chemical Bank
Bought by
Murray Jeffrey G

Purchase Details

Closed on
Oct 15, 2005
Sold by
Zawacke Richard and Zawacke Marsha
Bought by
Chemical Bank Shoreline

Purchase Details

Closed on
May 23, 2005
Sold by
Zawacke Troy Allan and Zawacke Donna Jean
Bought by
Zawacke Richard

Purchase Details

Closed on
Nov 14, 2003
Sold by
Woodbrook Estates Llc
Bought by
Zawacke Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.03%
Mortgage Type
Construction
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
Koning Kaitlin $19,000 Devon Title Agency
Murray Jeffrey G $6,000 Devon
Chemical Bank Shoreline -- --
Zawacke Richard -- --
Zawacke Troy $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koning Kaitlin $182,720
Closed Koning Ryan $200,000
Closed Koning Kaitlin $219,000
Previous Owner Zawacke Richard $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $19,000 -4.5% --
01/17/2014 01/17/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $19,900 -- --
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 $1,321 $221,500 $0 $0
2024 $1,321 $195,600 $0 $0
2023 $1,259 $171,600 $0 $0
2022 $3,721 $149,500 $0 $0
2021 $3,612 $140,400 $0 $0
2020 $3,526 $144,000 $0 $0
2019 $2,989 $147,700 $0 $0
2018 $0 $143,300 $0 $0
2017 $0 $139,600 $0 $0
2016 -- $138,200 $0 $0
2015 -- $98,900 $0 $0
2014 -- $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13039991

Southwestern Michigan Association of REALTORS®

APN: 13-35-235-390