NOT LISTED FOR SALE

268 Penny Ln Stanton, MI 48888

Estimated Value: $168,000 - $541,588

3 Beds
3 Baths
1,736 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $108,000 $62 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,968/month

204 Days on Market

Highlights

  • Private Waterfront
  • Attached Garage
  • Dining Area
  • Recreation Room
  • Living Room

About This Home

As of October 2013

Great Ranch home with so much space! Three bedrooms on the main level with two bathrooms and laundry. Two bedrooms and a bathroom in the basement. A wonderful back yard that takes you down to Penny Lake. This private road will also give you access to Half Moon Lake. Set up your showing today!

Last Agent to Sell the Property

Amy Hendrick

Coldwell Banker Weir Manuel Hoppough - Stanton Listed on: 02/07/2012

Last Buyer's Agent

Jim Vanas

Legacy Real Estate License #6502389757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • Living Room
  • Dining Area
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Well
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,033

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk Out
  • LivingArea: 1736.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 112500.0
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Penny Lake
  • Waterfront Features: Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Telephone Line
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 43560.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Ashbaugh Joanne B
Bought by
Schutte Edwin D and Schutte Camille J
Current Estimated Value
$307,863

Purchase Details

Listed on
Feb 7, 2012
Closed on
Oct 4, 2013
Sold by
Palethorpe Valerie
Bought by
Schutte Edwin D and Schutte Camille J
Seller's Agent
Amy Hendrick
Coldwell Banker Weir Manuel Hoppough - Stanton
Buyer's Agent
Jim Vanas
Legacy Real Estate
List Price
$112,500
Sold Price
$108,000
Premium/Discount to List
-$4,500
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Palethorpe Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2009
Sold by
Emmons James F and Emmons Linda K
Bought by
Federal Home Loan Mortgage Corp
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
Schutte Edwin D $35,000 --
Schutte Edwin D $108,500 Sun Title Agency Of Michigan
Palethorpe Valerie $80,000 --
Federal Home Loan Mortgage Corp $99,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palethorpe Valerie $78,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2013 10/04/13 Sold $108,000 -4.0% $62 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $112,500 -- $65 / 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 $4,033 $277,100 $0 $0
2024 $4,476 $257,400 $0 $0
2023 -- $214,700 $0 $0
2022 -- $191,800 $0 $0
2021 -- $178,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12006869

Southwestern Michigan Association of REALTORS®

APN: 009-018-785-89