NOT LISTED FOR SALE

24427 Marcellus Hwy Dowagiac, MI 49047

Estimated Value: $144,000 - $217,000

1 Bed
1 Bath
1,024 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $22,640 $22 Per Sq Ft

Est. 724% increase in value since last sale

Current estimated payment $1,073/month

62 Days on Market

Highlights

  • 3.6 Acre Lot
  • Farmhouse Style Home
  • Forced Air Heating System
  • Wooded Lot
  • 2 Car Detached Garage
  • Dining Area

About This Home

As of April 2015

Price Reduction- HUD Home in Wayne Township located in Dowagiac Schools on 3.6 acres. Avail 2-24-15 Bids due by Daily by 11:59 PM CST then til sold. AS IS'' HUD property sold by electronic bid only. FHA Case #263-418640 203k eligible. Buyer to verify all information. HUD does NOT pay for title insurance. BLB Resources makes no warranty as to the existence of mold in this property, and is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached memo regarding Buyer Select'' program, seller paid closing costs. See attached Important Reminders Regarding Bidding and Lending on HUD Homes. LBP. Disclosure: : Property with propane, well, and septic systems.

Last Agent to Sell the Property

Beth Van

Bon Realty License #6502103167 Listed on: 01/07/2015

Last Buyer's Agent

Steven Gerike

Lakes & Country Real Estate Inc License # 6501386829

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3.6 Acre Lot
  • Lot Dimensions are 628x250
  • Wooded Lot
  • Property is zoned A2, A2

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Shingle Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: LP Tank Rented
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1024.0
  • Basement Rooms:Total Basement SQFT: 688.0

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 24640.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 3.6
  • Lot Size Area: 3.6
  • Lot Dimensions: 628x250
  • Lot Size Sq Ft: 156816.0
  • Zoning Description: A2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 631.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
Mar 31, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Poulos James and Poulos Andrea
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Steven Gerike
Lakes & Country Real Estate Inc
List Price
$28,000
Sold Price
$22,640
Premium/Discount to List
-$5,360
-19.14%
Current Estimated Value
$186,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,877
Avg. Annual Appreciation
24.99%

Purchase Details

Closed on
May 13, 2014
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 5, 2014
Sold by
Tober Allison M
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Apr 30, 2008
Sold by
Paul D File Trust
Bought by
Tober Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,490
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Poulos James $22,640 Attorneys Title Agency Of So
Secretary Of Housing & Urban Development -- None Available
Michigan State Housing Development Autho $74,114 None Available
Tober Allison M $65,000 Cass County Title Office Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tober Allison $4,366
Previous Owner Tober Allison M $64,490
Previous Owner Tober Allison M $4,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $22,640 -19.1% $22 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $28,000 -- $27 / 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
2024 $412 $75,100 $75,100 $0
2023 $393 $61,600 $0 $0
2022 $369 $52,700 $0 $0
2021 $1,454 $46,400 $0 $0
2020 $1,456 $46,995 $0 $0
2019 $1,423 $46,800 $0 $0
2018 $340 $37,900 $0 $0
2017 $333 $37,400 $0 $0
2016 $330 $30,700 $0 $0
2015 -- $29,700 $0 $0
2011 -- $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Van

    Seller's Agent in 2015

    Beth Van

    Bon Realty

    (269) 684-4445

    10 in this area

    156 Total Sales

    Beth Van
    Section Image
  • Steven Gerike

    Buyer's Agent in 2015

    Steven Gerike

    Lakes & Country Real Estate Inc

    (269) 657-7653

    1 in this area

    41 Total Sales

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15000691

Southwestern Michigan Association of REALTORS®

APN: 14-150-027-002-01

Michigan Cass County Dowagiac 49047

24427 Marcellus Hwy, Dowagiac, MI

This home is located at 24427 Marcellus Hwy, Dowagiac, MI 49047 since 07 January 2015 and is currently estimated at $186,517, approximately $182 per square foot. This property was built in 1900. 24427 Marcellus Hwy is a home located in Cass County with nearby schools including Kincheloe Elementary School, Dowagiac Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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