NOT LISTED FOR SALE

227 E Main St Spring Arbor, MI 49283

Estimated Value: $122,000 - $185,000

2 Beds
1 Bath
989 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $26,000 $26 Per Sq Ft

Est. 391% increase in value since last sale

Current estimated payment $840/month

71 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Laundry Room
  • Screened Porch
  • Living Room
  • Bungalow

About This Home

As of September 2015

Two bedroom, 1 bath home in the Village of Spring Arbor. Home has first floor laundry and 2 car detached garage. Located close to shopping, schools and Spring Arbor College. All offers must be entered as auction offers at Buyer & buyer agent must register at Contact listing agent for guide on registration, locating properties & offer entry. After auction concludes, it may take up to 7 calendar days for offer decision. Communication will be sent to bidders with results & next steps for the accepted offer. Property subject to $2,000 buyer premium paid at closing. Bank of America, N.A. employees, employees’ household members and HTS business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly. Property is Vacant. Cash only Buyer. Auction runs from 8/22-8/26/15.

Last Agent to Sell the Property

DOUGLAS DEMOTT

LEFERE REALTY License #6501267070 Listed on: 06/22/2015

Last Buyer's Agent

Lori Haueter

ERA REARDON REALTY, L.L.C. License #6501327919

ERA REARDON REALTY, L.L.C.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 60x300

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 989 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Screened Porch
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

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 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 35.29
  • General Property Info:Lot Dimensions: 60x300
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 989.0
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1770.0
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: none
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 989.0
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 989.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 800.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Scrn Porch
  • List Price: 34900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Other
  • Heating: Yes
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Dimensions: 60x300
  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1770.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Hastings Leslie
Bought by
Hastings E Main Llc
Current Estimated Value
$127,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$68,051
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,553

Purchase Details

Closed on
Apr 25, 2017
Sold by
Hastings Leslie
Bought by
Hastings E Main Llc

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 23, 2015
Sold by
Bank Of America Na
Bought by
Hastings Leslie
Seller's Agent
DOUGLAS DEMOTT
LEFERE REALTY
Buyer's Agent
Lori Haueter
ERA REARDON REALTY, L.L.C.
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%

Purchase Details

Closed on
Aug 5, 2014
Sold by
Cox Melody A and Cox James W
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 31, 2000
Sold by
Yarmer Marjorie J
Bought by
Cox Melody A and Cox James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,961
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hastings E Main Llc -- Cislo Title Company
Hastings Leslie -- Cislo Title Co
Hastings E Main Llc -- None Available
Hastings Leslie $26,000 Mortgage Connect Lp
Bank Of America Na -- None Available
Cox Melody A $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Leslie $75,000
Previous Owner Cox Melody A $72,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $26,000 -- $26 / 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 $2,076 $64,400 $0 $0
2024 $1,487 $61,000 $0 $0
2023 $1,456 $55,400 $0 $0
2022 $1,886 $51,100 $0 $0
2021 $1,844 $48,190 $0 $0
2020 $1,821 $44,800 $0 $0
2019 $1,751 $43,300 $0 $0
2018 $1,747 $38,260 $4,020 $34,240
2017 $1,670 $36,330 $0 $0
2016 $1,234 $29,350 $29,350 $0
2015 $28,559 $33,120 $33,120 $0
2014 $28,559 $29,430 $29,430 $0
2013 -- $29,430 $29,430 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DOUGLAS DEMOTT

    LEFERE REALTY

    (517) 740-3320

    107 Total Sales

    DOUGLAS DEMOTT
    Section Image

  • L

    Buyer's Agent in 2015

    Lori Haueter

    ERA REARDON REALTY, L.L.C.

    Section Image
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Map

Source: MichRIC

MLS Number: 21074971

MichRIC

APN: 000-12-16-451-003-00

Michigan Jackson County Spring Arbor 49283

227 E Main St, Spring Arbor, MI

Not Listed for Sale

Detached

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