NOT LISTED FOR SALE

272 E Five Point Hwy Charlotte, MI 48813

Estimated Value: $240,000 - $281,000

2 Beds
1 Bath
9,880 Sq Ft
$27/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $37,500 $4 Per Sq Ft

Est. 610% increase in value since last sale

Current estimated payment $1,706/month

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • Pole Barn
  • Forced Air Heating and Cooling System
  • North Facing Home

About This Home

As of September 2019

Owner got the dirty demo work done! Down to the studs inside, ready for you to build your vision. Nice 32x46 pole barn! Well/septic passed TOST in 2017. Great location.

Last Agent to Sell the Property

Eric Crandall

WEICHERT, REALTORS- Emerald Properties License #6502351333 Listed on: 08/06/2019

WEICHERT, REALTORS- Emerald Properties

Last Buyer's Agent

Jan Gray

WEICHERT, REALTORS- Emerald Properties License #6501410652

WEICHERT, REALTORS- Emerald Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 168x279
  • North Facing Home

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 9,880 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2018
  • Levels: One
  • Year Built: 1950
  • Lot Size Acres: 0.45
  • Lot Size: 168x279
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 9880.0
  • Architectural Style: Ranch
  • Living Area: 9880.0
  • General Property Info:Lot Size Dimensions: 168x279
  • General Property Info:Above Grade Finished Area: 9880.0
  • General Property Info:Total Livable Area: 9880.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Pole Barn: Yes
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • General Property Info:Building Area Total SqFt: 880.0
  • General Property Info:Front Door: North
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Crawl Space, None
  • Heating: Forced Air, Propane
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Other Level: First
  • Full Bathrooms: 1
  • Basement:Crawl Space: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Barn(s), Pole Barn
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: North

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Water Heater
  • Cooling: Central Air
  • LaundryFeatures: Gas Dryer Hookup, Main Level
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Water Heater: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 9161
  • Tax Annual Amount: 1643.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Burch Olen
Bought by
Coy Alexander and Coy Morgan
Current Estimated Value
$266,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$237,505
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$28,914

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 16, 2019
Sold by
Pancost Timothy and Pancost Valerie
Bought by
Burch Olen
Seller's Agent
Eric Crandall
WEICHERT, REALTORS- Emerald Properties
Buyer's Agent
Jan Gray
WEICHERT, REALTORS- Emerald Properties
List Price
$49,900
Sold Price
$37,500
Premium/Discount to List
-$12,400
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.98%

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 6, 2017
Sold by
Lansing Automakers Federal Credit Union
Bought by
Pancost Timothy and Pancost Valerie
Seller's Agent
Zachary Soderberg
WEICHERT, REALTORS- Emerald Properties
Buyer's Agent
Mary Jo DeHaven
Coldwell Banker Professionals-E.L.
List Price
$32,900
Sold Price
$31,000
Premium/Discount to List
-$1,900
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Jan 9, 2017
Sold by
Ramirez Adolfo and Ramirez Arlene
Bought by
Lafcu

Purchase Details

Closed on
Jul 6, 2006
Sold by
Ramirez Adolfo and Ramirez Arlene
Bought by
Jp Morgan Chase Bank
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
Coy Alexander $250,000 --
Coy Alexander $250,000 None Listed On Document
Burch Olen $37,500 None Available
Pancost Timothy $31,000 None Available
Lafcu $91,880 Attorney
Jp Morgan Chase Bank $87,817 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coy Alexander $245,471
Closed Coy Alexander $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2019 09/16/19 Sold $37,500 -24.8% $4 / Sq Ft
08/06/2019 08/06/19 For Sale $49,900 +61.0% $5 / Sq Ft
12/06/2017 12/06/17 Sold $31,000 -5.8% $33 / Sq Ft View Prior Sale
11/22/2017 11/22/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $32,900 -- $35 / Sq Ft
Source: Greater Lansing 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 $3,570 $105,811 $0 $0
2024 $1,180 $108,195 $0 $0
2023 $1,124 $99,244 $0 $0
2022 $4,893 $92,225 $0 $0
2021 $825 $15,647 $0 $0
2020 $826 $15,548 $0 $0
2019 $797 $14,822 $0 $0
2018 $1,636 $30,751 $0 $0
2017 $796 $32,329 $0 $0
2016 $789 $31,463 $0 $0
2015 $699 $32,816 $0 $0
2014 $699 $22,159 $0 $0
2013 -- $29,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 239536

Greater Lansing Association of Realtors®

APN: 150-006-100-021-00