NOT LISTED FOR SALE

240 Riverbend Dr Milan, MI 48160

Estimated Value: $146,000 - $197,000

3 Beds
2 Baths
1,396 Sq Ft
$256/mo HOA Fee

Last Sold February 14, 2012

Last sale price $35,000 $25 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $1,277/month

About This Home

As of February 2012

CHECK OUT THIS 3 BEDROOM 2 BATH CONDO. FEATURES INCLUDE: COMMON POOL,CLUBHOUSE AND TONS OF PARKING. WONT LAST LONG!!

Last Agent to Sell the Property

Viviana Mejia

Elias Realty License #MISPE-6502364566 Listed on: 11/16/2011

Elias Realty

Last Buyer's Agent

Daryl Wizinsky

Elias Realty License #MISPE-6501368409

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1971

Lot Details

  • 7.62

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,396 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Milan Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 585306505300

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,359

Year Built

Built in 1971

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Structure Style: 2 Story
  • Year Built: 1971
  • Mail City: Milan
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 11
  • Bedroom 3: On Entry Level, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Above Grade Finished Sq Ft: 1396
  • Total Finished Sq Ft: 1396

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 256
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 585306505300
  • Lot Dimensions: CONDO
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,260.00
  • Winter Tax: Amount: $202.00

MLS Schools

  • School District: Milan Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Feb 14, 2012
Sold by
Raucher Ian and Shock April M
Bought by
Tokarski Michael J
Seller's Agent
Viviana Mejia
Elias Realty
Buyer's Agent
Daryl Wizinsky
Elias Realty
List Price
$110,000
Sold Price
$35,000
Premium/Discount to List
-$75,000
-68.18%
Current Estimated Value
$170,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,268
Avg. Annual Appreciation
12.40%
Source: Public Records

Range of Values:

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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
Tokarski Michael J $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rauscher Ian $104,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $35,000 -68.2% $25 / Sq Ft
11/16/2011 11/16/11 Pending -- -- --
11/16/2011 11/16/11 For Sale $110,000 -- $79 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,359 $74,200 $74,200 $0
2024 $1,043 $70,400 $0 $0
2023 $996 $57,500 $0 $0
2022 $1,237 $57,500 $0 $0
2021 $1,201 $50,800 $0 $0
2020 $1,194 $39,700 $0 $0
2019 $1,170 $39,700 $0 $0
2018 $1,181 $21,500 $0 $0
2017 $1,158 $21,500 $0 $0
2016 $1,144 $17,300 $0 $0
2015 $1,085 $17,200 $0 $0
2014 $1,085 $17,200 $0 $0
2013 -- $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31089021

Michigan Multiple Listing Service

APN: 53-065-053-00