NOT LISTED FOR SALE

179 E Read St Marcellus, MI 49067

Estimated Value: $115,000 - $192,000

4 Beds
1 Bath
1,457 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $25,500 $18 Per Sq Ft

Est. 466% increase in value since last sale

Current estimated payment $824/month

60 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • 2 Car Detached Garage
  • Deck
  • Mud Room
  • Porch

About This Home

As of February 2015

PRICE REDUCED!Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information
regarding flood zones and insurance, Property uninsurable, LBP remediation exceeds $4,000. Misc.: Minimum Commission Applies: Listing Broker $1,250, Selling Broker up to $1,250. Nice Home in Marcellus. Main floor laundry, large kitchen. Many updates already done. 2 Car garage and studio apt has been started in back. Nice size city lot partially fenced.

Last Agent to Sell the Property

Heather Lockwood

RE/MAX Elite Group T.R. License #6501369268 Listed on: 12/04/2014

Last Buyer's Agent

Heather Lockwood

RE/MAX Elite Group T.R. License #6501369268 Listed on: 12/04/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66.66x169.9

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Mud Room
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Shed
  • Storage Shed
  • Porch

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 20.86
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66.66x169.9
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1457.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1226.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1457.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Other Structures:Storage Shed: Yes
  • Other Structures:Guest House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 1457.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 550.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 30400.0
  • Other Structures: Shed(s), Guest House
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 66.66x169.9
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1226.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Apr 13, 2015
Sold by
Carr Gary L and Carr Janice E
Bought by
Cornwell Thomas and Cornwell Kelly
Seller's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
Buyer's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
List Price
$40,000
Sold Price
$25,500
Premium/Discount to List
-$14,500
-36.25%
Current Estimated Value
$144,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,841
Avg. Annual Appreciation
17.29%

Purchase Details

Listed on
Dec 4, 2014
Closed on
Mar 31, 2015
Sold by
New Day Homes Llc
Bought by
Carr Gary L and Carr Janice E
Seller's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
Buyer's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
List Price
$40,000
Sold Price
$25,500
Premium/Discount to List
-$14,500
-36.25%

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 13, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
New Day Homes Llc
Seller's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
Buyer's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
List Price
$40,000
Sold Price
$25,500
Premium/Discount to List
-$14,500
-36.25%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Nationstar Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 13, 2013
Sold by
Romig Michael J and Romig Jennifer S
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 9, 2008
Sold by
Jacobs Chauncey
Bought by
Fifth Third Mortgage Mi Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cornwell Thomas -- Title Resource Agency
Carr Gary L $42,500 None Available
New Day Homes Llc $25,500 Nations Title Agency
The Secretary Of Housing & Urban Develop -- None Available
Nationstar Mortgage Llc $41,250 None Available
Fifth Third Mortgage Mi Llc $75,805 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2015 02/19/15 Sold $25,500 -36.3% $18 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $40,000 -- $27 / Sq Ft
Source: MichRIC

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 $804 $61,000 $61,000 $0
2024 $618 $50,400 $50,400 $0
2023 $609 $44,000 $0 $0
2022 $585 $34,200 $0 $0
2021 $1,044 $28,400 $0 $0
2020 $246 $23,400 $0 $0
2019 $997 $22,700 $0 $0
2018 $236 $22,000 $0 $0
2017 $523 $21,600 $0 $0
2016 $542 $22,300 $0 $0
2015 -- $21,600 $0 $0
2011 -- $41,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Heather Lockwood

    RE/MAX Michigan

See All Agents

Map

Source: MichRIC

MLS Number: 14060549

MichRIC

APN: 14-051-502-014-00

Michigan Cass County Marcellus 49067

179 E Read St, Marcellus, MI

Not Listed for Sale

Detached

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