2428 S Patterson Rd Shelbyville, MI 49344
4
Beds
2.5
Baths
2,132
Sq Ft
1.14
Acres
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
ERA Reardon Realty Great Lakes License #6501397789 Listed on: 01/26/2024
Last Buyer's Agent
Miranda Galliani
Keller Williams Realty Rivertown License #6501449178
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
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
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
8.79%
Original Mortgage
$150,100
Outstanding Balance
$148,405
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$185,177
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
7.59%
Original Mortgage
$162,925
Interest Rate
3.48%
Mortgage Type
New Conventional
Similar Homes in Shelbyville, MI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | None Listed On Document | |
| Warranty Deed | -- | Alles Law | |
| Warranty Deed | $172,500 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,100 | New Conventional | |
| Previous Owner | $162,925 | New Conventional | |
| Previous Owner | $385,000 | No Value Available | |
| Previous Owner | $353,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $107,211 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $32,570 | Unknown |
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
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
-
Roxanne O'Neil
R
Seller's Agent in 2024
Roxanne O'Neil
ERA Reardon Realty Great Lakes
(616) 822-0234
43 Total Sales
-
M
Buyer's Agent in 2024
Miranda Galliani
Keller Williams Realty Rivertown
-
Z
Seller's Agent in 2016
Zach Wendt
Keller Williams GR East
-
J
Buyer's Agent in 2016
Jeanine Herlacher
Midwest Properties ERA Powered (Shelbyville)
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24004872
APN: 24-036-019-00
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