NOT LISTED FOR SALE

2428 S Patterson Rd Shelbyville, MI 49344

Estimated Value: $318,000 - $346,000

4 Beds
2.5 Baths
2,132 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $300,000 $141 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,317/month

44 Days on Market

Highlights

  • Water Views
  • 2 Car Attached Garage
  • 2-minute walk to Gun Lake Park
  • Water Access
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

*****Currently priced 15,000 below professional appraisal!***** This is truly a one-of-a-kind home! Enjoy living across the street from Gun Lake Park, with amazing sunrise views. 300 paces from your front door are a swimming beach, boat launch, and playground with picnic pavilion. This rare find is loaded with opportunity, because it is allowed to be used as residential, yet zoned C2, which means that you can live here and also run your own business from home! The lower level has been divided into three separate (or potentially combined) living or commerce areas. Here's how the house is arranged:

Upstairs is a comfy 3 bedroom, full bath residence, separated from the lower level by an internal staircase. Locking doors at top and bottom of stairs offer privacy, yet access to the laundry and half bath at the bottom of the stairs. Entrance to the upper-level residence has its own private crushed asphalt driveway that wraps around to the back of the house with single carport and parking for 2 cars.

Lower level access is available from upstairs, or three separate doors in the front of the house.

The farthest door to the left opens to a lovely studio apartment suite with full kitchen, breakfast bar, and living room. The open floor plan has a bedroom area and full bathroom with 2-sided glass shower and "back-door" to the laundry half-bath laundry room. This awesome space has been used as a short-term rental and has a proven track-record that is available for qualified buyers.

The middle door in the front of the home opens to a newly finished 14x13 business office space, or additional living space accessible to the studio apartment. The office might be ideal for use as a real estate office, insurance, or drop-in multi business rented meeting space.

The door closest to the garage enters a convenient delivery hallway between the very large 2 car garage and then opens into the big (approximately 14 x27) space which might be ideal for a fitness studio, game room, or ... whatever your imagination creates!

Seller is a licensed real estate agent. Showings to begin 1/29/2024

Last Agent to Sell the Property

Roxanne O'Neil

ERA Reardon Realty Great Lakes License #6501397789 Listed on: 01/26/2024

Last Buyer's Agent

Miranda Galliani

Keller Williams Realty Rivertown License #6501449178

Keller Williams Realty Rivertown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1973

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 150x331
  • Property is zoned C-2, C-2

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • Association fees include sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,860

Year Built

Built in 1973

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 2
  • Year Built: 1973
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 150x331
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2132.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 4860.13
  • Tax Info:Zoning3: C-2
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1332.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2132.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 369900.0
  • Road Surface Type: Paved
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 99.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 99.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Acres: 1.14
  • Lot Size Area: 1.14
  • Lot Dimensions: 150x331
  • Lot Size Sq Ft: 49658.0
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4860.13
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 15, 2024
Sold by
2428 S Patterson Llc
Bought by
Huedepohl Aaron Thomas and Huedepohl Mari Joelle
Seller's Agent
Roxanne O'Neil
ERA Reardon Realty Great Lakes
Buyer's Agent
Miranda Galliani
Keller Williams Realty Rivertown
List Price
$399,900
Sold Price
$300,000
Premium/Discount to List
-$99,900
-24.98%
Views
107
Current Estimated Value
$333,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,582
Avg. Annual Appreciation
6.75%
Original Mortgage
$150,100
Outstanding Balance
$148,405
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$177,314

Purchase Details

Closed on
Mar 29, 2022
Sold by
Jeanine Herlacher
Bought by
2428 S Patterson Llc

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jul 15, 2016
Sold by
Sheppard Warren D and Sheppard Laura D
Bought by
Herlacher Jeanine
Seller's Agent
Zach Wendt
Keller Williams GR East
Buyer's Agent
Jeanine Herlacher
Midwest Properties ERA Powered (Shelbyville)
List Price
$190,000
Sold Price
$172,500
Premium/Discount to List
-$17,500
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$162,925
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Huedepohl Aaron Thomas $300,000 None Listed On Document
2428 S Patterson Llc -- Alles Law
Herlacher Jeanine $172,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huedepohl Aaron Thomas $150,100
Previous Owner Herlacher Jeanine $162,925
Previous Owner Sheppard Warren $385,000
Previous Owner Sheppard Warren D $353,000
Previous Owner Sheppard Warren D $75,000
Previous Owner Sheppard Warren D $107,211
Previous Owner Sheppard Warren D $110,000
Previous Owner Sheppard Laura D $32,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $300,000 -18.9% $141 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $369,900 -1.3% $173 / Sq Ft
02/13/2024 02/13/24 Price Changed $374,900 -6.3% $176 / Sq Ft
01/26/2024 01/26/24 For Sale $399,900 +131.8% $188 / Sq Ft
07/19/2016 07/19/16 Sold $172,500 -9.2% $61 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $190,000 -- $67 / 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 $5,234 $137,400 $27,200 $110,200
2024 $2,559 $135,700 $25,400 $110,300
2023 $3,976 $102,500 $23,200 $79,300
2022 $2,559 $89,200 $12,800 $76,400
2021 $1,987 $83,400 $12,800 $70,600
2020 $2,284 $87,400 $11,800 $75,600
2019 $1,878 $71,500 $11,800 $59,700
2018 $2,270 $65,200 $13,500 $51,700
2017 $0 $65,600 $13,500 $52,100
2016 $0 $55,200 $13,000 $42,200
2015 -- $55,200 $13,000 $42,200
2014 -- $52,800 $13,700 $39,100
2013 -- $48,800 $13,700 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24004872

Southwestern Michigan Association of REALTORS®

APN: 24-036-019-00