NOT LISTED FOR SALE

2488 Reeves Rd Riley, MI 48041

Estimated Value: $328,076 - $415,000

3 Beds
1.5 Baths
1,704 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $150,000 $88 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,155/month

41 Days on Market

Highlights

  • Home fronts a pond
  • 5.85 Acre Lot
  • Pole Barn
  • Memphis Elementary School Rated 9+
  • Deck
  • Corner Lot

About This Home

As of February 2015

This charming three bedroom tri-level sitting on 5.85 acres of land with a beautiful natural pond, one full bathroom in the upper level, half bathroom in lower level, large deck, pole barn, and water softener..

Last Agent to Sell the Property

Debra Lysek

Temporary Inactive Users License #6501369003 Listed on: 12/02/2014

Last Buyer's Agent

Mike Drennan

MHR Real Estate LLC License #6501363820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 5.85 Acre Lot
  • Home fronts a pond
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • Ceiling Fan
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 74290111001000
  • $3,250 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: Tri-Level
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2004
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 1704
  • Sq Ft Total Bsmt: 300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Foundation Materials: Poured
  • Frontage Feet: 379
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Memphis

Lot Info

  • Homestead: Yes
  • List Price per Acre: 29042.7350
  • Lot Features: Corner Lot
  • Lot Size Area: 5.85
  • Lot Dimensions: metes and bounds
  • Parcel Number: 74290111001000

Tax Info

  • Tax Amount Summer: 653.0000
  • Tax Amount Winter: 1111.0000
  • Total Tax: 1764.0000

MLS Schools

  • School District: Memphis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Parks Michael P and Parks Jessica M
Bought by
Parks Michael P and Parks Jessica M
Current Estimated Value
$370,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Outstanding Balance
$94,310
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$275,709

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 18, 2015
Sold by
Harm Stacey
Bought by
Parks Michael P and Mustain Jessica M
Seller's Agent
Debra Lysek
Temporary Inactive Users
Buyer's Agent
Mike Drennan
MHR Real Estate LLC
List Price
$174,900
Sold Price
$150,000
Premium/Discount to List
-$24,900
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$153,061
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jul 6, 2012
Sold by
Fannie Mae
Bought by
Harm Stacey
Seller's Agent
Jason Stone
Realty Executives - United
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$156,510
Sold Price
$125,000
Premium/Discount to List
-$31,510
-20.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$122,735
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2011
Sold by
Pacheco Ruben G and Pacheco Kathleen A
Bought by
Federal National Mortgage Association
Source: Public Records

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
Parks Michael P -- None Available
Parks Michael P $150,000 A S K Services Inc
Harm Stacey $125,000 Parks Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Michael P $131,500
Closed Parks Michael P $153,061
Previous Owner Harm Stacey $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2015 02/18/15 Sold $150,000 0.0% $88 / Sq Ft
02/18/2015 02/18/15 Sold $150,000 -14.2% $88 / Sq Ft View Prior Sale
01/12/2015 01/12/15 Pending -- -- --
01/12/2015 01/12/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $174,900 0.0% $103 / Sq Ft
11/17/2014 11/17/14 For Sale $174,900 +39.9% $103 / Sq Ft
07/17/2012 07/17/12 Sold $125,000 -20.1% $73 / Sq Ft View Prior Sale
05/31/2012 05/31/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $156,510 -- $92 / Sq Ft
Source: Realcomp

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 $2,390 $146,600 $0 $0
2024 $1,408 $124,600 $0 $0
2023 $1,341 $111,300 $0 $0
2022 $2,187 $103,300 $0 $0
2021 $2,072 $96,400 $0 $0
2020 $2,072 $88,900 $12,000 $76,900
2019 $2,001 $72,100 $0 $0
2018 $1,988 $69,500 $0 $0
2017 $1,977 $65,100 $0 $0
2016 $745 $65,100 $0 $0
2015 -- $63,700 $63,700 $0
2014 -- $59,700 $59,700 $0
2013 -- $56,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214122755

Realcomp

APN: 29-011-1001-000