NOT LISTED FOR SALE

1874 Payson Rd Walled Lake, MI 48390

Estimated Value: $184,000 - $254,000

3 Beds
1 Bath
1,090 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $53,000 $49 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $1,402/month

38 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • James R Geisler Middle School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

HUD Home. Sold 'AS IS' by elec bid only. RANCH WITH 1090 SQ FEET INCLDS LIV RM,KIT,3 BDRMS & 1 FULL BATH.LBP ADDENDUM.REPAIRS:FILL HOLE IN REAR YARD THAT REMAINS FROM POOL REMOVAL;RPR LOOSE SIDNG ON RGHT SIDE OF HOUSE;RPR DMGD WALL IN HALL;RPR KIT FAUCET LEAK;RPR DMGD ELECT PANEL BOX.FOR OVERBIDDING & ESCROW REPAIR,PLEASE SEE ATTCHD "OVERBIDDING & ESCROW REPAIR" MLS ADDENDUM.OWNER'S NAME: HUD

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 01/25/2013

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Rebecca Williamson

RE/MAX Classic License #6501229478

RE/MAX Classic

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 69x100x88x142

Home Design

  • 1,090 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • A O Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1726403001

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1090
  • Total Sq Ft: 1090

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 177419.0000
  • Lot Size Area: 0.31
  • Lot Dimensions: 69X100X88X142
  • Parcel Number: 1726403001

Tax Info

  • Tax Amount Summer: 2441.0000
  • Tax Amount Winter: 45.0000
  • Total Tax: 2486.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
May 2, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Ridenour Eric A and Ridenour Sandra L
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Rebecca Williamson
RE/MAX Classic
List Price
$55,000
Sold Price
$53,000
Premium/Discount to List
-$2,000
-3.64%
Current Estimated Value
$227,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,936
Avg. Annual Appreciation
12.73%
Original Mortgage
$47,700
Outstanding Balance
$11,956
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$215,980

Purchase Details

Closed on
Sep 12, 2012
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 6, 2012
Sold by
Gabriel Haddock Maureen and Mortgage Electronic Registrati
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 18, 2011
Sold by
Gabriel Haddock Maureen and Mortgage Electronic Registrati
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Marley William J and Marley Sharon
Bought by
Gabriel Haddock Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,598
Interest Rate
6.09%
Mortgage Type
FHA
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
Ridenour Eric A $53,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Citimortgage Inc $117,171 None Available
Citimortgage Inc $113,778 None Available
Gabriel Haddock Maureen $99,900 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridenour Eric A $47,700
Previous Owner Gabriel Haddock Maureen $98,598
Previous Owner Marley William $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $53,000 -3.6% $49 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $55,000 -- $50 / Sq Ft
Source: Realcomp

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 $1,713 $96,890 $0 $0
2023 $1,615 $90,340 $0 $0
2022 $1,608 $82,610 $0 $0
2021 $1,629 $79,210 $0 $0
2020 $1,557 $74,230 $0 $0
2019 $1,604 $67,650 $0 $0
2018 $1,602 $61,120 $0 $0
2017 $1,586 $59,960 $0 $0
2016 $1,591 $56,420 $0 $0
2015 -- $45,820 $0 $0
2014 -- $34,410 $0 $0
2011 -- $39,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213008415

Realcomp

APN: 17-26-403-001