NOT LISTED FOR SALE

218 Michigan St Reading, MI 49274

Estimated Value: $231,000 - $386,000

4 Beds
1.5 Baths
2,974 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $125,000 $42 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,672/month

46 Days on Market

Highlights

  • Barn
  • Pond
  • Victorian Architecture
  • Greenhouse
  • Wood Flooring
  • 1 Fireplace

About This Home

As of October 2015

This grand brick home near downtown Reading was built in 1858 and well-maintained and carefully updated ever since! Newer roof, furnace, A/C and kitchen, as well as updated electric and newer high quality appliances are included in this well priced stately home! There is original ornate woodwork, high ceilings and two staircases in the house. Outside you'll find a greenhouse, gardens, playhouse/shed and a great red barn, as well as an attached 2-1/2 car garage.
The property fronts two City streets, containing over an acre of land. All window treatments are included with the exception of the front parlor wooden window valances with attached mirror in the center. Ornate wrought iron fence surrounds the front of the property.

Last Listed By

Carol Lackey

Historic Homes Of Hillsdale Listed on: 08/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1858

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 165x66x234x99x363x165
  • Garden
  • Property is zoned R-1 LD Res, R-1 LD Res

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Bay Window
  • Window Screens
  • Living Room
  • Dining Area
  • Wood Flooring
  • Attic Fan
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Pond
  • Greenhouse
  • Shed
  • Porch

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1858

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1858
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Garage Type Detached: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Attic Fan, Garage Door Opener, Satellite System, Water Softener/Owned, Wood Floor
  • Fireplace Features: Other
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2974.0
  • Window Features: Storms, Screens, Bay/Bow
  • Basement Rooms:Total Basement SQFT: 1405.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Other23: Yes

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Home Warranty: Yes
  • List Price: 134900.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s), Barn(s), Greenhouse
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 1.14
  • Lot Size Area: 1.14
  • Lot Dimensions: 165x66x234x99x363x165
  • Lot Size Sq Ft: 49658.0
  • Zoning Description: R-1 LD Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1367.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 28, 2015
Sold by
Gallaway Kenneth J and Swafford James D
Bought by
Bailey Kevin A and Bailey Nicole L
Seller's Agent
Carol Lackey
Historic Homes Of Hillsdale
Buyer's Agent
Alicia Galloway
RE/MAX Preferred Realty
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Total Days on Market
46
Current Estimated Value
$283,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,163
Avg. Annual Appreciation
9.89%
Original Mortgage
$118,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Gallaway Kenneth J
Bought by
Swafford James D

Purchase Details

Closed on
Nov 1, 1999
Sold by
Chester Frank and Chester Margaret
Bought by
Gallaway Kenneth J

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
Bailey Kevin A $125,000 Midstate Title Agency Of Sou
Swafford James D -- --
Gallaway Kenneth J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Kevin A $110,000
Closed Bailey Kevin A $118,750
Previous Owner Gallaway Kenneth J $40,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $125,000 -7.3% $42 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $134,900 -- $45 / 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 $1,220 $138,700 $0 $0
2023 $1,167 $103,400 $0 $0
2022 $1,781 $85,500 $0 $0
2021 $1,733 $79,700 $0 $0
2020 $1,718 $69,500 $0 $0
2019 $1,662 $67,300 $0 $0
2018 $1,597 $65,100 $0 $0
2017 $1,549 $42,600 $0 $0
2016 $1,536 $44,700 $0 $0
2015 $883 $44,700 $0 $0
2013 $795 $33,870 $0 $0
2012 $799 $34,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15041521

Southwestern Michigan Association of REALTORS®

APN: 20-110-002-158-23-7-4