NOT LISTED FOR SALE

2461 E Letts Rd Midland, MI 48642

Estimated Value: $162,555 - $185,000

3 Beds
1 Bath
1,000 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $102,500 $102 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,076/month

133 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Woodcrest Elementary School Rated A-
  • Sun or Florida Room
  • Porch

About This Home

As of July 2020

Cute homes sits on 1.50 acres, in Larkin township! 3 bed 1 bath with garage, front 3 seasons, out building, and very private. Lots of potential!

Last Agent to Sell the Property

Matthew Rapanos

Ayre Rhinehart Real Estate Partners License #MBR-6501367517 Listed on: 12/19/2019

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Non Member

Midland Board of REALTORS License #MBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 247x264

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 090-031-100-090-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,761

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1269.51
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Sump Pump, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 13
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 23
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 7, On Level: First, Flooring: Ceramic
  • Room Types: Living Room, Sun/Florida Room
  • Dining Room: On 1st Floor, Dimensions: 12 x 12
  • Dining Room Floor Covering: Ceramic
  • Kitchen: On 1st Floor, Dimensions: 12 x 13
  • Kitchen Features: Eat-In Kitchen
  • Kitchen Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 12 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 900
  • Above Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 1000

Exterior Features

  • Exterior: Aluminum, Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 247
  • Road: City/County, Paved Street
  • Out Buildings: Shed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 090-031-100-090-00
  • Zoning: Residential
  • Location: Main Street
  • Lot Description: Wooded
  • Lot Dimensions: 247x264
  • Acreage: 1.5
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $419.75
  • Winter Tax: Year: 2019, Amount: $849.76
  • Total Tax: Amount: $1,269.51
  • SEV Year: 2019

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jul 6, 2020
Sold by
Burger Ricky F and Estate Of Fawn J Burger
Bought by
Braley Brian and Braley Brian E
Seller's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Non Member
Midland Board of REALTORS
List Price
$28,500
Sold Price
$102,500
Premium/Discount to List
$74,000
259.65%
Current Estimated Value
$174,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,139
Avg. Annual Appreciation
10.68%
Original Mortgage
$92,250
Outstanding Balance
$81,801
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$92,838
Source: Public Records

Range of Values:

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Average Value
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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
Braley Brian $102,500 Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braley Brian $92,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $102,500 -15.2% $103 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $120,900 -5.9% $121 / Sq Ft
12/19/2019 12/19/19 Price Changed $128,500 +350.9% $129 / Sq Ft
12/19/2019 12/19/19 For Sale $28,500 -- $29 / Sq Ft
Source: Midland Board 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 $1,761 $73,900 $0 $0
2024 $581 $61,600 $0 $0
2023 $553 $55,800 $0 $0
2022 $1,558 $49,900 $0 $0
2021 $1,468 $46,800 $0 $0
2020 $1,312 $44,000 $0 $0
2019 $1,270 $43,700 $0 $0
2018 $1,232 $43,700 $43,700 $0
2017 $0 $43,600 $43,600 $0
2016 $1,171 $43,200 $43,200 $0
2014 -- $46,800 $46,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50002183

Midland Board of REALTORS®

APN: 090-031-100-090-00