NOT LISTED FOR SALE

245 S Franklin St Frankenmuth, MI 48734

Estimated Value: $227,224 - $265,000

3 Beds
1 Bath
1,304 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $94,000 $72 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,487/month

145 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • List Elementary Rated A-
  • Bungalow
  • 4-minute walk to Frankenmuth Parks & Rec Department

About This Home

As of June 2014

Charming 3 bedroom Frankenmuth city home. Great location near downtown and library. 2 car garage.

Last Listed By

Jeff Monchilov

JMW Real Estate License #SBR-6502370279 Listed on: 12/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61 x 127

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Security Deposit $18,037
  • Assessor Parcel Number 03-11-6-27-0978-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,120

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 9
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 7 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On 1st Floor, Dimensions: 13 x 11
  • Kitchen: On 1st Floor, Dimensions: 9 x 10
  • Living Room: On 1st Floor, Dimensions: 17 x 11
  • Above Grade Finished Sq Ft: 1304
  • Total Finished Sq Ft: 1304

Exterior Features

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

Garage/Parking

  • Garage: Detached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Public Sanitary
  • Water: Public Water

Schools

  • High School: Frankenmuth Schools

Lot Info

  • Assessor Parcel Number: 03-11-6-27-0978-000
  • Lot Dimensions: 61 X 127
  • Acreage: 0.18
  • Geo Subdivision: MI

Rental Info

  • Security Deposit: 18037

Tax Info

  • Summer Tax: Year: 2013, Amount: $1,014.00
  • Winter Tax: Year: 2013, Amount: $1,106.00
  • Taxable Value: 42291
  • SEV Year: 2013

MLS Schools

  • School District: Frankenmuth School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Little Scott
Bought by
Little Scott and Little Heather Nicole
Total Days on Market
145
Current Estimated Value
$244,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,350
Outstanding Balance
$65,131
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$165,168

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jun 26, 2014
Sold by
Frankenmuth Mutual Insurance Company
Bought by
Little Scott
Seller's Agent
Jeff Monchilov
JMW Real Estate
Buyer's Agent
Lee Hoffmann
Remax Prime Properties
List Price
$94,000
Sold Price
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$89,300
Interest Rate
4.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2006
Sold by
Advocate Partnership
Bought by
Frankenmuth Mutual Insurance

Purchase Details

Closed on
Jun 15, 2000
Sold by
Kartz John D and Kartz Dorothy A
Bought by
Advocate Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.31%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Little Scott -- None Available
Little Scott $94,000 --
Frankenmuth Mutual Insurance $137,000 --
Advocate Partnership $95,000 --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Scott $89,350
Closed Little Scott $89,300
Previous Owner -- $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $94,000 0.0% $72 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $94,000 -- $72 / 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
2024 $1,473 $89,900 $0 $0
2023 $1,716 $87,400 $0 $0
2022 $2,264 $73,700 $0 $0
2021 $2,089 $68,500 $0 $0
2020 $2,047 $68,800 $0 $0
2019 $1,829 $63,000 $0 $0
2018 $1,239 $58,000 $0 $0
2017 $1,655 $58,100 $0 $0
2016 $1,634 $51,900 $0 $0
2014 -- $48,300 $0 $37,600
2013 -- $44,800 $0 $0
Source: Public Records

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Source: Michigan Multiple Listing Service

MLS Number: 20388994

Michigan Multiple Listing Service

APN: 03116270978000