NOT LISTED FOR SALE

2362 Patterson Shelbyville, MI 49344

Estimated Value: $292,000 - $356,229

0.56 Acre
$590,280 Price per Acre
24,394 Sq Ft Lot

Last Sold November 02, 2012

Last sale price $25,000 $25 Per Sq Ft

Est. 1,222% increase in value since last sale

Current estimated payment $2,035/month

22 Days on Market

About This Lot

As of November 2012

1) Lakefront lot with 21' frontage on Gun Lake #15-001-004-97 2) Back lot with pole barn #15-001-004-11 - Breathtaking view! Sandy Beach! 30x42 insulated pole barn with water, 220 electric and gas with a creek behind. Next to 2362 Patterson Rd (REPO #12047300) pole barn does not have access unless sold with house.

Last Agent to Sell the Property

Debra Erway

Bellabay Realty (Middleville) License #6502360876 Listed on: 10/01/2012

Bellabay Realty (Middleville)

Last Buyer's Agent

Debra Erway

Bellabay Realty (Middleville) License #6502360876 Listed on: 10/01/2012

Bellabay Realty (Middleville)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,813

Lot Details

  • 0.56 Acre Lot
  • Private Waterfront

Property Details

Property Type

Land

Est. Annual Taxes

$2,813

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 64900.0
  • Water Body Name: Gun Lake
  • Waterfront Features: Private Frontage
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Size Sq Ft: 24394.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2015
Sold by
Mead Timothy and Mead Lorelei
Bought by
Mead Chase R
Current Estimated Value
$330,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 30, 2012
Sold by
Us Bank National Association
Bought by
Mead Timothy L
Seller's Agent
Debra Erway
Bellabay Realty (Middleville)
Buyer's Agent
Debra Erway
Bellabay Realty (Middleville)
List Price
$64,900
Sold Price
$25,000
Premium/Discount to List
-$39,900
-61.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Eastman Donald D and Eastman Peggy M
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 21, 2002
Sold by
Dehn Carl and Dehn Herma
Bought by
Eastman Donald and Eastman Peggy
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
Mead Chase R $168,000 Lighthouse Title Inc
Mead Timothy L $77,000 None Available
Us Bank National Association $365,407 None Available
Eastman Donald $1,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mead Chase Robert $120,000
Closed Maed Chase R $118,000
Closed Mead Chase R $45,680
Closed Mead Chase R $25,000
Closed Mead Chase R $134,400
Previous Owner Eastman Donald D $337,250
Previous Owner Eastman Donald D $25,000
Previous Owner Eastman Donald D $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $25,000 -67.5% $25 / Sq Ft
11/02/2012 11/02/12 Sold $77,000 +18.6% $40 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/10/2012 10/10/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $64,900 -48.0% $65 / Sq Ft
08/27/2012 08/27/12 For Sale $124,900 -- $64 / 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
2025 $2,813 $154,400 $39,000 $115,400
2024 $2,560 $140,300 $36,200 $104,100
2023 $2,560 $126,300 $32,700 $93,600
2022 $2,560 $97,300 $32,000 $65,300
2021 $2,536 $76,000 $23,000 $53,000
2020 $2,536 $80,200 $23,000 $57,200
2019 $0 $79,800 $23,000 $56,800
2018 $0 $77,600 $23,000 $54,600
2017 $0 $79,700 $29,700 $50,000
2016 $0 $71,300 $29,700 $41,600
2015 -- $71,300 $29,700 $41,600
2014 -- $72,300 $29,700 $42,600
2013 -- $71,300 $29,700 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12053321

Southwestern Michigan Association of REALTORS®

APN: 15-500-015-00