$40,000
SOLD FEB 12, 2025

205 E Mechanic St Yale, MI 48097

4 Beds
2 Baths
1,880 Sq Ft
0.75 Acres

Recently Sold

$21 Per Sq Ft

33% Below List Price

188 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Living Room

About This Home

As of February 2025

Your diamond in the rough awaits in Yale, Michigan! This bank owned property is a fixer upper dream, offering 4 bedrooms, 2 baths and large backyard. Unleash your creativity and transform this gem into your dream home! Home is being sold ''AS IS''.

Last Agent to Sell the Property

Donovan Clark-Thrash

Vylla Homes License #6501429940 Listed on: 01/02/2025

Vylla Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 66x165

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating 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 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1935
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 31.86
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1880.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1927.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1880.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1880.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1027.0

Exterior Features

  • Construction Materials: Vinyl Siding, Other
  • List Price: 59900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Dimensions: 66x165
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1927.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Jan 29, 2025
Sold by
Carrington Mortgage Services Llc
Bought by
Kavanagh Hayley
Seller's Agent
Donovan Clark-Thrash
Vylla Homes
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Views
70
Current Estimated Value
$101,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,967
Avg. Annual Appreciation
196.86%

Purchase Details

Closed on
Nov 10, 2022
Sold by
Sheriff Of St Clair County
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Oct 6, 2009
Sold by
Hofert Warren and Hofert Patricia
Bought by
Heskins Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,440
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hofert Warren and Hofert Patricia

Purchase Details

Closed on
Jul 19, 2007
Sold by
Watson Don Leslie and Watson Marcella
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $40,000 Vylla Title
Deed $40,000 Vylla Title
Sheriffs Deed $73,500 --
Warranty Deed $69,900 Century Title Company
Deed $35,000 None Available
Sheriffs Deed $103,081 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,440 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $40,000 -33.2% $21 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $59,900 0.0% $32 / Sq Ft
11/23/2024 11/23/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $59,900 -14.3% $32 / Sq Ft
07/09/2024 07/09/24 For Sale $69,900 -- $37 / 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 $1,090 $36,100 $0 $0
2024 $1,571 $44,800 $0 $0
2023 $1,817 $45,000 $0 $0
2022 $1,928 $47,700 $0 $0
2021 $1,831 $42,600 $0 $0
2020 $1,831 $39,800 $900 $38,900
2019 $1,807 $33,400 $0 $0
2018 $1,772 $33,200 $0 $0
2017 $1,676 $31,300 $0 $0
2016 $822 $31,300 $0 $0
2015 -- $29,400 $900 $28,500
2014 -- $26,300 $800 $25,500
2013 -- $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24034820

MichRIC

APN: 08-510-0011-000