NOT LISTED FOR SALE

2630 Reeves Rd Riley, MI 48041

Estimated Value: $295,000 - $402,000

3 Beds
2 Baths
1,624 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $105,000 $65 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $2,140/month

Highlights

  • Ranch Style House
  • Memphis Elementary School Rated 9+
  • Forced Air Heating System

About This Home

As of March 2016

Three bedroom ranch home, featuring nice size kitchen with separate dining area, with french doors. Master bedroom with bath, and french doors leading to backyard. Full basement and located on 2.67 acres.

Last Agent to Sell the Property

Jason Stone

Realty Executives Five Lakes License #MISPE-6502357197 Listed on: 12/21/2015

Last Buyer's Agent

Michael Meldrum

Real Estate One Chesterfield License #MISPE-6506046704

Real Estate One Chesterfield

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 2002

Lot Details

  • 2.67 Acre Lot
  • Rural Setting

Home Design

  • Single Family Detached Home
  • Ranch Style House
  • Modular Prefabricated Home
  • Vinyl Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 74290024001800

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,267

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Modular, Ranch
  • Structure Style: 1 Story
  • Year Built: 2002
  • Mail City: Memphis
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 13
  • Bedroom 2: On Entry Level, Dimensions: 10 x 12
  • Bedroom 3: On Entry Level, Dimensions: 11 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 11 x 19
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Above Grade Finished Sq Ft: 1624
  • Total Finished Sq Ft: 1624

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Gravel

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 74290024001800
  • Acreage: 2.67
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2015, Amount: $736.00
  • Winter Tax: Year: 2014, Amount: $2,192.00

MLS Schools

  • School District: Memphis Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 17, 2016
Sold by
Secretary Housing Urban Development Wash
Bought by
Kotchman Thomas M
Seller's Agent
Jason Stone
Realty Executives Five Lakes
Buyer's Agent
Michael Meldrum
Real Estate One Chesterfield
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%
Current Estimated Value
$353,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,229
Avg. Annual Appreciation
13.49%
Original Mortgage
$99,750
Outstanding Balance
$78,952
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$274,277

Purchase Details

Closed on
Nov 9, 2015
Sold by
Wells Fargo Bank Na
Bought by
Housing And Urban Development

Purchase Details

Closed on
Jul 18, 2013
Sold by
Looney Michael J and Durecki Jessica L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 3, 2010
Sold by
Looney Michael J and Durecki Jessica L
Bought by
Looney Michael J and Looney Jessica L
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
Kotchman Thomas M $105,000 Sterling Title Agency
Housing And Urban Development $133 --
Wells Fargo Bank Na $127,490 None Available
Looney Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotchman Thomas M $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $105,000 -10.3% $65 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/21/2016 01/21/16 Price Changed $117,000 -10.0% $72 / Sq Ft
12/21/2015 12/21/15 For Sale $130,000 -- $80 / 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
2025 $3,267 $179,700 $0 $0
2024 $1,966 $172,000 $0 $0
2023 $1,872 $152,000 $0 $0
2022 $2,985 $139,400 $0 $0
2021 $2,803 $129,300 $0 $0
2020 $2,803 $121,800 $5,500 $116,300
2019 $2,726 $93,900 $0 $0
2018 $2,685 $91,700 $0 $0
2017 $2,667 $85,100 $0 $0
2016 $746 $85,100 $0 $0
2015 -- $82,800 $5,100 $77,700
2014 -- $68,700 $4,700 $64,000
2013 -- $63,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31273925

Michigan Multiple Listing Service

APN: 29-002-4001-800