NOT LISTED FOR SALE

18585 Chain Lake St Cassopolis, MI 49031

Estimated Value: $237,097 - $311,000

3 Beds
2 Baths
1,608 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $115,000 $72 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,462/month

95 Days on Market

Highlights

  • Stables
  • Deck
  • Wooded Lot
  • Cape Cod Architecture
  • Recreation Room
  • Pole Barn

About This Home

As of August 2014

Saddle up the horses and bring them home to this cozy mini farm with 5.4 peaceful country acres. The views are amazing and the woods surrounding much of the property are beautiful with abundant wildlife to enjoy. Home features 3 bedrooms, 2 baths with a walkout basement. Property is currently set up for horses with nice pole barn, stables and 2 pastures, yet a wonderful yard for your enjoyment.....NOTE...this is a Fannie Mae HomePath property. Property is approved for HomePath renovation financing.

Last Agent to Sell the Property

Robin Sharpe

Cressy & Everett Real Estate License #6501246642 Listed on: 03/12/2014

Cressy & Everett Real Estate

Last Buyer's Agent

Kimmie Rivers

Berkshire Hathaway HomeServices Michigan Real Estate License #6501380960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1998

Lot Details

  • 5.45 Acre Lot
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • Unpaved Driveway

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Pole Barn
  • Porch

Horse Facilities and Amenities

  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Septic System
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,007

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irreg
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1608.0
  • Tax Info:Annual Property Tax: 1007.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Landscape:ShrubsHedges: Yes
  • Driveway:Unpaved: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • General Property Info Garage YN: No
  • Architectural Style Cape Cod: Yes
  • Other Structures:Pole Barn: Yes
  • Other Structures Stable: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Ceiling Fan(s), LP Tank Rented, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 1608.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Kitchen Features:Desk Built-In: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 119000.0
  • Lot Features: Wooded
  • Other Structures: Pole Barn, Stable(s)
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.45
  • Lot Size Area: 5.45
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 237402.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1007.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
Aug 15, 2014
Sold by
Fannie Mae
Bought by
Davis David Aaron and Davis Teresa Marie
Seller's Agent
Robin Sharpe
Cressy & Everett Real Estate
Buyer's Agent
Kimmie Rivers
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$141,038
Sold Price
$115,000
Premium/Discount to List
-$26,038
-18.46%
Current Estimated Value
$256,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,945
Avg. Annual Appreciation
6.78%
Original Mortgage
$132,300
Outstanding Balance
$103,876
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$132,813

Purchase Details

Closed on
Dec 11, 2013
Sold by
Edens Darrell and Edens Donna
Bought by
Federal Natonal Mortgage Association

Purchase Details

Closed on
Aug 7, 2012
Sold by
Edens Darrell Sturden and Edens Donna Sue
Bought by
Edens Darrell Sturden and Edens Donna Sue

Purchase Details

Closed on
Apr 28, 2006
Sold by
Dohm James E and Dohm Janelle
Bought by
Edens Darrell and Edens Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Davis David Aaron $115,000 None Available
Federal Natonal Mortgage Association $75,525 None Available
Edens Darrell Sturden -- None Available
Edens Darrell $155,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis David Aaron $61,100
Closed Davis David Aaron $25,000
Open Davis David Aaron $132,300
Previous Owner Edens Darrell $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $115,000 -18.5% $72 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $141,038 -- $88 / Sq Ft
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 $659 $118,900 $118,900 $0
2023 $629 $91,600 $0 $0
2022 $599 $77,600 $0 $0
2021 $1,326 $69,500 $0 $0
2020 $495 $60,000 $0 $0
2019 $1,028 $59,600 $0 $0
2018 $475 $56,900 $0 $0
2017 $465 $45,000 $0 $0
2016 $461 $46,300 $0 $0
2015 -- $42,800 $0 $0
2011 -- $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14010715

Southwestern Michigan Association of REALTORS®

APN: 14-010-015-255-02