NOT LISTED FOR SALE

2325 Locust Ln Algonac, MI 48001

Estimated Value: $190,000 - $281,000

3 Beds
2 Baths
1,536 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $165,000 $107 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,542/month

47 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ground Level Unit
  • 1 Car Detached Garage
  • Ranch Style House
  • No HOA
  • Patio

About This Home

As of April 2023

This home has been updated, with new electric, plumbing, windows, flooring and much more. Large master suite, wood plank flooring, open concept and a large lot with beautiful flowers, & bushes that come up every year. Close to shopping and the water.

Last Agent to Sell the Property

Rhonda Bessette

Realty Executives Home Towne License #6501386169 Listed on: 02/28/2023

Realty Executives Home Towne

Last Buyer's Agent

Henry Miller

License #6506024960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1935 | Remodeled in 2020

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75.00 x 117.00
  • 75 Feet of Waterfront
  • Home fronts a canal

Parking

  • 1 Car Detached Garage

Home Design

  • 1,536 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Locust Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74011510013000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,281

Year Built

Built in 1935 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 198.00
  • Year Built: 1935
  • State Equalized Value: 72700.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1536
  • Total Sq Ft: 1536

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 75
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 75.00
  • Waterfront Description: Canal Front

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Algonac

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 75.00 x 117.00
  • Parcel Number: 74011510013000

Tax Info

  • Tax Amount Summer: 2043.0000
  • Tax Amount Winter: 238.0000
  • Total Tax: 2281.0000
  • Taxable Value: 53897.0000

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 26, 2023
Sold by
Zimmerman Debra K
Bought by
Geib Catherine
Seller's Agent
Rhonda Bessette
Realty Executives Home Towne
Buyer's Agent
Henry Miller
List Price
$183,900
Sold Price
$165,000
Premium/Discount to List
-$18,900
-10.28%
Views
336
Current Estimated Value
$232,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,635
Avg. Annual Appreciation
14.99%

Purchase Details

Closed on
Feb 6, 2015
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 4, 2014
Sold by
Radoff Soss Thomas E and Radoff Soss Deanna M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 19, 2005
Sold by
Soos Thomas E and Soos Deanna M
Bought by
Soos Thomas E and Soos Deanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Geib Catherine $165,000 Huron Title
Federal Home Loan Mortgage Corporation -- None Available
Citimortgage Inc $42,311 None Available
Soos Thomas E -- Quality Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soos Thomas E $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $165,000 -8.3% $107 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $179,900 -2.2% $117 / Sq Ft
03/12/2023 03/12/23 For Sale $183,900 0.0% $120 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $183,900 +385.2% $120 / Sq Ft
09/29/2015 09/29/15 Sold $37,900 -15.6% $25 / Sq Ft View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $44,900 -- $29 / 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
2025 $3,643 $92,400 $0 $0
2024 $3,297 $87,800 $0 $0
2023 $2,136 $82,400 $0 $0
2022 $2,281 $72,700 $0 $0
2021 $2,186 $67,000 $0 $0
2020 $2,188 $64,300 $12,500 $51,800
2019 $2,163 $56,400 $0 $0
2018 $2,122 $48,300 $0 $0
2016 $1,934 $50,900 $0 $0
2015 -- $46,500 $12,500 $34,000
2014 -- $45,800 $12,500 $33,300
2013 -- $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230013837

Realcomp

APN: 01-151-0013-000