$11,600
SOLD OCT 11, 2013

218 E Locust St Morenci, MI 49256

3 Beds
1 Bath
1,645 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of March 2017

Older city home with original wood work and panel doors. Bring your elbow grease, but has potential. Buyer to confirm all information. EMD must be certified funds payable to Riverview Enterprises and to our office within 2 days of acceptance.

Last Agent to Sell the Property

PAULA JESTER

C-21 Affiliated - Jackson License #6502391627 Listed on: 09/11/2013

Co-Listed By

Marvin Jester

C-21 Affiliated - Jackson License #6502113952

Last Buyer's Agent

Tim Creech

Five Star Real Estate License #6501373671

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x120

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 41x120
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1645.0
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 1070.6
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Location Property Info:Subdivision2: none
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1645.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1645.0
  • ResoLivingAreaSource: Other
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 823.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 10000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 41x120
  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1070.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Mar 31, 2017
Sold by
Lake Jeffrey L and Lake Deborah L
Bought by
Moyer Heather R
Seller's Agent
Tim Creech
Five Star Real Estate
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$60,000
Current Estimated Value
$137,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,474
Avg. Annual Appreciation
10.51%
Original Mortgage
$60,606
Outstanding Balance
$50,880
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$86,923

Purchase Details

Listed on
Sep 11, 2013
Closed on
Oct 7, 2013
Sold by
Donovan Shaun
Bought by
Lake Jeffrey L
Seller's Agent
PAULA JESTER
C-21 Affiliated - Jackson
Buyer's Agent
Tim Creech
Five Star Real Estate
Sold Price
$11,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.57%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jan 7, 2003
Bought by
Lake Jeffrey L
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 Type Sale Price Title Company
Warranty Deed $60,000 American Title
Deed $11,600 None Available
Warranty Deed -- None Available
Deed $58,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,606 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $60,000 +417.2% $36 / Sq Ft
10/11/2013 10/11/13 Sold $11,600 -- $7 / 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 $1,071 $46,800 $0 $0
2022 $2,772 $38,800 $0 $0
2021 $1,381 $37,100 $0 $0
2020 $1,381 $33,700 $0 $0
2019 $70,146 $32,300 $0 $0
2018 $70,146 $31,456 $0 $0
2017 $695 $24,466 $0 $0
2016 $0 $24,233 $0 $0
2014 -- $22,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21075715

Southwestern Michigan Association of REALTORS®

APN: XM0-000-0432-00