NOT LISTED FOR SALE

243 Lafayette St Ionia, MI 48846

Estimated Value: $112,000 - $209,000

2 Beds
1.5 Baths
1,556 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $82,500 $53 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,212/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • 3-minute walk to Perry Park
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2023

Ionia 2 bed 1 and a half bath two story with single stall detached garage in a great neighborhood. Originally had 3 bedrooms. Could be converted back.

Last Agent to Sell the Property

Don Bass

Keller Williams Realty Rivertown License #6202361590 Listed on: 08/24/2023

Keller Williams Realty Rivertown

Co-Listed By

Jeff Glover

Keller Williams Professionals License #6502408794

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1930

Lot Details

  • 4,440 Sq Ft Lot
  • Lot Dimensions are 37 x 120

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1556.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1287.08
  • Tax Info:Zoning3: res
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1556.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1556.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 940.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 70000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 37 x 120
  • Lot Size Sq Ft: 4440.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1287.08
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 14, 2023
Sold by
Barclays 2021-Npl1 Reo Corp
Bought by
Ramey Cody
Seller's Agent
Don Bass
Keller Williams Realty Rivertown
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$70,000
Sold Price
$82,500
Premium/Discount to List
$12,500
17.86%
Views
38
Current Estimated Value
$161,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,329
Avg. Annual Appreciation
37.15%
Original Mortgage
$82,500
Outstanding Balance
$81,050
Interest Rate
7.2%
Mortgage Type
Construction
Estimated Equity
$72,193

Purchase Details

Closed on
Aug 9, 2004
Sold by
Lozo John E
Bought by
Beech Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramey Cody $82,500 --
Beech Shannon R $77,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramey Cody $82,500
Previous Owner Beech Shannon R $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $82,500 +17.9% $53 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $70,000 -- $45 / 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 $3,981 $70,300 $10,500 $59,800
2024 $3,790 $70,300 $10,500 $59,800
2023 $2,148 $54,700 $7,700 $47,000
2022 $1,198 $49,100 $6,800 $42,300
2021 $1,249 $41,100 $6,800 $34,300
2020 $1,315 $41,100 $6,800 $34,300
2019 $1,000 $41,600 $5,600 $36,000
2018 $1,196 $37,700 $5,000 $32,700
2017 $977 $37,700 $5,000 $32,700
2016 $1,000 $31,700 $2,500 $29,200
2015 -- $31,700 $2,500 $29,200
2014 $1,083 $29,600 $3,600 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23031541

Southwestern Michigan Association of REALTORS®

APN: 203-090-000-455-10