NOT LISTED FOR SALE

2197 S Term St Unit 26 Burton, MI 48519

Estimated Value: $115,000 - $163,364

3 Beds
2 Baths
1,568 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $13,100 $8 Per Sq Ft

Est. 985% increase in value since last sale

Current estimated payment $981/month

157 Days on Market

Highlights

  • 0.98 Acre Lot
  • 1-Story Property
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2016

3 Bedroom, 2 bath home in Burton, MI. Home will need repairs to drywall, flooring & other renovations to bathroom. Other updates & repairs may be needed before move in ready. Located in residential area, not far from shops & businesses. Great investment.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #6502366505 Listed on: 10/23/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 116x370

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • South East Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5921528021

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 1 Story
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1568
  • Total Sq Ft: 1568

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Frontage Feet: 116
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Atherton

Lot Info

  • List Price per Acre: 13163.2653
  • Lot Size Area: 0.98
  • Lot Dimensions: 116x370
  • Parcel Number: 5921528021

Tax Info

  • Tax Amount Summer: 1667.0000
  • Tax Amount Winter: 430.0000
  • Total Tax: 2097.0000

MLS Schools

  • School District: Atherton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Mar 31, 2016
Sold by
Cr Properties 2015 Llc
Bought by
Lemos Gregory John
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$15,900
Sold Price
$13,100
Premium/Discount to List
-$2,800
-17.61%
Total Days on Market
157
Current Estimated Value
$142,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,991
Avg. Annual Appreciation
29.61%

Purchase Details

Closed on
Aug 12, 2014
Sold by
Amerihome Mortgage Corporation
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 2, 2014
Sold by
Walker Merlin G and Walker Karen M
Bought by
Amerihome Mortgage Corporation

Purchase Details

Closed on
Jun 27, 2002
Sold by
Walker Merlin and Walker Karen
Bought by
Wilhite Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 18, 2000
Sold by
West Side Auto Employees Fcu
Bought by
Walker Merlin G

Purchase Details

Closed on
Jan 1, 2000
Sold by
Estate Of Anthony M Sullivan
Bought by
West Side Auto Employees Fcu
Source: Public Records

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Range of Values:

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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
Lemos Gregory John $13,100 Attorney
Fannie Mae -- None Available
Amerihome Mortgage Corporation $43,201 None Available
Wilhite Gregory $72,747 --
Walker Merlin G $62,000 Metropolitan Title Company
West Side Auto Employees Fcu -- Greco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilhite Gregory $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $13,100 -17.6% $8 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $15,900 +47.2% $10 / Sq Ft
03/25/2015 03/25/15 Sold $10,800 -65.2% $7 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $31,000 -- $19 / 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 $2,200 $68,300 $0 $0
2023 $2,156 $53,500 $0 $0
2022 $2,013 $40,800 $0 $0
2021 $986 $51,100 $0 $0
2020 $2,024 $50,700 $0 $0
2019 $1,907 $41,500 $0 $0
2018 $2,810 $33,800 $0 $0
2017 $2,694 $33,800 $0 $0
2016 $2,453 $30,400 $0 $0
2015 $1,815 $0 $0 $0
2012 -- $29,300 $29,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215114951

Realcomp

APN: 59-21-528-021