NOT LISTED FOR SALE

2503 Red Arrow Hwy Benton Harbor, MI 49022

Benton Heights Neighborhood

Estimated Value: $155,000 - $195,000

2 Beds
2 Baths
1,016 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $39,000 $38 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,149/month

5 Days on Market

Highlights

  • 2.79 Acre Lot
  • Attached Garage
  • Forced Air Heating System
  • Wooded Lot
  • Shed
  • 1-Story Property

About This Home

As of August 2012

Two bedroom ranch home with 2.79 acres of wooded serinity. This is a Fannie Mae HomePath property and is approved for HomePath Renovation Mortgage Financing. For the first 15 days of the listing the seller will only address offers made by an owner occupant buyer. After the 15th day, investor or 2nd home buyer offers will be considered.

Last Agent to Sell the Property

Greg Miller

Active Realtors License #6501262452 Listed on: 07/20/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 2.79 Acre Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 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 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 248 x IRR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1016.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1873.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: No
  • Outbuildings:Storage Shed: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1016.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1016.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1016.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 39900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.79
  • Lot Size Area: 2.79
  • Lot Dimensions: 248 x IRR
  • Lot Size Sq Ft: 121532.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1873.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2012
Closed on
Aug 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Schultz Donald E
Seller's Agent
Greg Miller
Active Realtors
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%
Current Estimated Value
$177,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,444
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
May 10, 2012
Sold by
West David M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 2010
Sold by
West David M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2006
Sold by
Clark Robert
Bought by
West David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
10.35%
Mortgage Type
Purchase Money Mortgage
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
Schultz Donald E $39,000 None Available
Federal National Mortgage Association $137,132 None Available
Federal National Mortgage Association $112,050 None Available
West David M $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West David M $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $39,000 -2.3% $38 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $39,900 -- $39 / 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 $2,543 $69,800 $0 $0
2024 $1,801 $59,000 $0 $0
2023 $1,715 $57,300 $0 $0
2022 $1,634 $50,600 $0 $0
2021 $2,233 $49,000 $3,900 $45,100
2020 $2,203 $49,100 $0 $0
2019 $2,162 $42,000 $3,300 $38,700
2018 $2,098 $42,000 $0 $0
2017 $2,068 $41,700 $0 $0
2016 $2,029 $43,100 $0 $0
2015 $2,023 $41,300 $0 $0
2014 $1,405 $40,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Greg Miller

    Active Realtors

    (269) 208-3568

    100 Total Sales

    Greg Miller
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12039631

Southwestern Michigan Association of REALTORS®

APN: 11-03-0010-0013-02-8

Michigan Berrien County Benton Harbor 49022 Benton Heights

2503 Red Arrow Hwy, Benton Harbor, MI

This home is located at 2503 Red Arrow Hwy, Benton Harbor, MI 49022 since 20 July 2012 and is currently estimated at $177,444, approximately $174 per square foot. This property was built in 1964. 2503 Red Arrow Hwy is a home located in Berrien County with nearby schools including Fair Plain Middle School, Benton Harbor High School, and Mildred C. Wells Preparatory Academy.

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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