NOT LISTED FOR SALE

2328 W 11 Mile Ave Bitely, MI 49309

Estimated Value: $86,000 - $166,065

2 Beds
1 Bath
812 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $45,000 $55 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $761/month

59 Days on Market

Highlights

  • 79 Feet of Waterfront
  • Space Heater
  • 1-Story Property
  • Community Lake

About This Home

As of January 2012

Two bedroom, one bath home/cottage on Woodland Lake. Deck with beautiful lake views. Sold as is. Buyer to verify all information. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 10/25/11.

Last Agent to Sell the Property

Abby Lemmon

Agent History Listed on: 10/10/2011

Co-Listed By

Rhoda Brooks

Midwest Prop of Mich (DB) - I License #6501306574

Last Buyer's Agent

Brenda Harris

Five Star Real Estate License #6501365294

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1975

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 79x135
  • 79 Feet of Waterfront

Home Design

  • Aluminum Siding

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Community Lake

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 61.58
  • General Property Info:Lot Dimensions: 79x135
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 812.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 753.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 79.0
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Space Heater: Yes
  • General Property Info:SqFt Above Grade: 812.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 812.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 50000.0
  • Water Body Name: Woodland Lake
  • Waterfront Features: All Sports
  • Waterfront: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Propane, Space Heater
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 79x135
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Jan 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Warden Kathleen J
Seller's Agent
Abby Lemmon
Agent History
Buyer's Agent
Brenda Harris
Five Star Real Estate
List Price
$66,000
Sold Price
$45,000
Premium/Discount to List
-$21,000
-31.82%
Current Estimated Value
$132,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,266
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
May 17, 2011
Sold by
Brenner Raymond
Bought by
Federal Home Loan Mortgage Corporation
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
Warden Kathleen J $45,000 --
Federal Home Loan Mortgage Corporation $85,068 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $45,000 -31.8% $55 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
10/10/2011 10/10/11 For Sale $66,000 -- $81 / 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 $766 $71,200 $0 $0
2024 $4 $60,000 $0 $0
2023 $346 $48,000 $0 $0
2022 $748 $36,500 $0 $0
2021 $731 $33,400 $0 $0
2020 $727 $31,600 $0 $0
2019 $716 $30,900 $0 $0
2018 $743 $28,700 $0 $0
2017 $720 $28,600 $0 $0
2016 $691 $27,900 $0 $0
2015 -- $25,700 $0 $0
2014 -- $24,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Abby Lemmon

    Agent History

  • R

    Seller Co-Listing Agent in 2012

    Rhoda Brooks

    Midwest Prop of Mich (DB) - I

  • Brenda Harris

    Buyer's Agent in 2012

    Brenda Harris

    Five Star Real Estate

    (231) 955-9222

    173 Total Sales

    Brenda Harris
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Map

Source: MichRIC

MLS Number: 11055109

MichRIC

APN: 06-10-101-013

Michigan Newaygo County Bitely 49309

2328 W 11 Mile Ave, Bitely, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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