NOT LISTED FOR SALE

194 Brown Rd Bailey, MI 49303

Estimated Value: $413,000

7 Beds
4 Baths
3,416 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $220,000 $64 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,618/month

28 Days on Market

Highlights

  • Stables
  • Recreation Room
  • Farmhouse Style Home
  • Deck
  • Pole Barn
  • Den

About This Home

As of April 2018

Fantastic ''Green Acres'' hobby farm in a fabulous quiet country setting. Sit on the wrap around porch and sip some lemonade. Use the property to hunt or farm or just enjoy! 3 pole barns with pastures for animals. Has an extra large country kitchen, lots of bedrooms & baths- use them or consolidate some rooms. You can put the finishing touches on your new home. Two heat sources- forced air and a wood boiler, set up for back up generator with a transfer switch and The ''Ponderosa'' barn has housed as many as 200 family party goers- works great for your summer events! Come and enjoy ''rush hour'' - where you may see a tractor and a pickup truck go by. Ahhhh

Last Agent to Sell the Property

Donald Scott

Five Star Real Estate (Courtland) Listed on: 02/01/2018

Last Buyer's Agent

Robert Brown

Bellabay Realty LLC License #6502377287

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1916

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 660 x 660
  • The property's road front is unimproved
  • Land Lease
  • Property is zoned A-1, A-1

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System

Additional Features

  • Tillable Land
  • Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,939

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1916
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 77.55
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 660 x 660
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3416.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2939.0
  • Tax Info:Zoning3: A-1
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Heater:Propane2: Yes
  • Substructure:Partial: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:GasWood Stove: Yes
  • Lot Description:Tillable: Yes
  • Heat Source:Wood2: Yes
  • Heat Type:Wood3: Yes
  • Lot Description:Leased Land: Yes
  • General Property Info:SqFt Above Grade: 3416.0
  • General Property Info Garage YN: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Pole Barn: Yes
  • Other Structures Stable: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Fireplace Features: Gas/Wood Stove
  • Fireplace: No
  • Total Bedrooms: 7
  • Main Level Bedrooms: 3
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Crawl Space, Partial
  • LivingArea: 3416.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1000.0
  • Appliances:Oven: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 264900.0
  • Lot Features: Tillable, Leased Land
  • Other Structures: Pole Barn, Stable(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • 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: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Wood
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Dimensions: 660 x 660
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2939.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 24, 2018
Sold by
Schullo Cory M and Schullo Jennifer L
Bought by
Blouw Shawn R and Blouw Jennifer S
Seller's Agent
Donald Scott
Five Star Real Estate (Courtland)
Buyer's Agent
Robert Brown
Bellabay Realty LLC
List Price
$264,900
Sold Price
$220,000
Premium/Discount to List
-$44,900
-16.95%
Current Estimated Value
$413,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,000
Avg. Annual Appreciation
8.52%
Original Mortgage
$26,250
Outstanding Balance
$16,564
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$396,436

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 20, 2018
Sold by
Schullo Cory M and Schullo Jennifer L
Bought by
Gallivan Daniel W
Seller's Agent
Donald Scott
Five Star Real Estate (Courtland)
Buyer's Agent
Robert Brown
Bellabay Realty LLC
List Price
$264,900
Sold Price
$220,000
Premium/Discount to List
-$44,900
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Outstanding Balance
$16,564
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$396,436

Purchase Details

Closed on
Aug 31, 2017
Sold by
Schullo Jennifer L and Schullo Cory M
Bought by
Bull Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Apr 16, 2005
Sold by
Rice Frank W and Rice Rose Ann
Bought by
Schullo Cory M and Schullo Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blouw Shawn R $35,000 None Available
Gallivan Daniel W $220,000 None Available
Bull Troy $1 --
Schullo Cory M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blouw Shawn R $26,250
Open Gallivan Daniel W $216,015
Previous Owner Bull Troy --
Previous Owner Schullo Cory M $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $220,000 -16.9% $64 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $264,900 -- $78 / 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 $5,442 $202,200 $0 $0
2024 $3,462 $199,100 $0 $0
2023 $3,311 $172,100 $0 $0
2022 $4,972 $159,000 $0 $0
2021 $4,840 $141,400 $0 $0
2020 $4,792 $143,200 $0 $0
2019 $4,712 $135,000 $0 $0
2018 $2,711 $145,200 $0 $0
2017 $3,014 $141,700 $0 $0
2016 $1,345 $121,400 $0 $0
2015 -- $105,200 $0 $0
2014 -- $104,300 $0 $0
2013 -- $101,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18003507

MichRIC

APN: 13-016-400-0003-00