NOT LISTED FOR SALE

1640 2nd St Plainwell, MI 49080

Estimated Value: $197,000 - $210,814

2 Beds
1 Bath
1,014 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $52,999 $52 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $1,312/month

15 Days on Market

Highlights

  • Recreation Room
  • No Heating
  • 1-Story Property
  • Dining Area

About This Home

As of March 2019

Over 3 acres in Martin School District. Home offers 3 bedrooms, one bath with large kitchen and living
room with a fireplace. Property also features a 1020 SF outbuilding that could be used as a garage or
storage/workshop. Seller will not complete any repairs to the subject property, either lender or buyer
requested. The property is sold in AS IS condition. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH FEBRUARY 25, 2019. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached Owner Occupant affidavit must be signed by buyer and selling age Buyer to verify and homestead status, assume any and all assessments as figures/status may change from when the listing is printed.

Last Listed By

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 02/05/2019

Coldwell Banker Woodland Schmidt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1953

Lot Details

  • 3.42 Acre Lot
  • Lot Dimensions are 1320 x 1980

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,278

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1953
  • ResoPropertyType: Residential
  • Architectural Style:Ranch: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1014.0
  • Basement Rooms:Total Basement SQFT: 1014.0
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 49900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 3.42
  • Lot Size Area: 3.42
  • Lot Dimensions: 1320 x 1980
  • Lot Size Sq Ft: 148975.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1278.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Mar 8, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sweet Frederick and Sweet Vicki
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Jennifer Fields
RE/MAX of Grand Rapids (Wyomg)
List Price
$49,900
Sold Price
$52,999
Premium/Discount to List
$3,099
6.21%
Total Days on Market
15
Current Estimated Value
$205,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,705
Avg. Annual Appreciation
24.42%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Pierce Richard D
Bought by
United Bank Of Michigan and United Bank Mortgage Corp

Purchase Details

Listed on
May 22, 2012
Closed on
Jul 13, 2012
Sold by
Pierce Joanne B and Pierce Richard Dewaine
Bought by
Pierce Richard D
Seller's Agent
Carl Phalin
Jaqua, REALTORS
Buyer's Agent
Carl Phalin
Jaqua, REALTORS
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$60,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Pierce Richard Dewaine and Pierce Joane B
Bought by
Fugate Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.1%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Sweet Frederick $52,999 None Available
United Bank Of Michigan $53,882 None Available
Pierce Richard D $75,000 Chicago Title
Fugate Farms Llc $160,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierce Richard D $60,000
Previous Owner Pierce Joanne B $142,500
Previous Owner Fugate Farms Llc $165,000
Previous Owner Fugate Farms Llc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $52,999 +6.2% $52 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $49,900 -33.5% $49 / Sq Ft
07/13/2012 07/13/12 Sold $75,000 0.0% $58 / Sq Ft
05/22/2012 05/22/12 For Sale $75,000 -- $58 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
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
2024 $2,064 $96,900 $25,000 $71,900
2023 $2,064 $84,800 $24,300 $60,500
2022 $2,064 $70,200 $25,400 $44,800
2021 $1,912 $63,600 $22,300 $41,300
2020 $1,912 $60,100 $24,000 $36,100
2019 $0 $59,400 $24,900 $34,500
2018 $0 $46,200 $13,000 $33,200
2017 $0 $40,200 $12,800 $27,400
2016 $0 $42,000 $13,800 $28,200
2015 -- $42,000 $13,800 $28,200
2014 -- $42,500 $13,800 $28,700
2013 -- $42,700 $15,700 $27,000
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19004304

Southwestern Michigan Association of REALTORS®

APN: 15-023-039-00