NOT LISTED FOR SALE

2845 Michigan 140 Watervliet, MI 49098

Estimated Value: $152,000 - $255,953

3 Beds
2 Baths
1,560 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $56,000 $36 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,160/month

76 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Above Ground Pool
  • Farmhouse Style Home
  • 100 Feet of Waterfront
  • Deck
  • 2 Car Detached Garage

About This Home

As of January 2012

This house does need work but there is sooo much potential here. The home has a nice flow, large eat in kitchen and very large living room with a wood burning stove. Large deck with hot tub and above ground pool. A tree has fallen in a recnet storm that will be removed. We know nothing about the condition of the hot tub or the pool.

Last Agent to Sell the Property

Cynthia Booth

Dona Sherman Realty Listed on: 08/04/2011

Co-Listed By

Ernestine Matthews

Springsteen Realty

Last Buyer's Agent

Nancye Kitchell

Bon Realty License #6506047168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1900

Lot Details

  • 4.4 Acre Lot
  • Lot Dimensions are 350x550
  • Home fronts a stream
  • 100 Feet of Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Garage Type Detached: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1560.0
  • Window Features: Bay/Bow

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Deck(s)
  • List Price: 55900.0
  • Pool Features: Outdoor/Above
  • Road Surface Type: Paved
  • Water Body Name: Mill Creek
  • Waterfront Features: Deeded Access, Stream
  • Waterfront: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

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

Association/Amenities

  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 4.4
  • Lot Size Area: 4.4
  • Lot Dimensions: 350x550
  • Lot Size Sq Ft: 191664.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2011
Closed on
Jan 17, 2012
Sold by
Hsbc Mortgage Services Inc
Bought by
Hoida James B
Seller's Agent
Cynthia Booth
Dona Sherman Realty
Buyer's Agent
Nancye Kitchell
Bon Realty
List Price
$72,900
Sold Price
$56,000
Premium/Discount to List
-$16,900
-23.18%
Total Days on Market
76
Current Estimated Value
$183,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,238
Avg. Annual Appreciation
9.25%
Original Mortgage
$57,142
Outstanding Balance
$39,591
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$143,647

Purchase Details

Closed on
Jan 13, 2011
Sold by
Shiller Cynthia and Shiller C
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Aug 22, 2005
Sold by
Wilkens Steven C and Wilkens Jill L
Bought by
Shiller Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
7.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 1993

Purchase Details

Closed on
Dec 7, 1992
Source: Public Records

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Range of Values:

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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
Hoida James B $56,000 Parks Title
Hsbc Mortgage Services Inc $49,189 None Available
Shiller Cynthia $148,750 --
-- $69,900 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoida James B $57,142
Previous Owner Shiller Cynthia $148,750
Previous Owner Wilkens Steven C $107,644
Previous Owner Wilkens Steven C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $56,000 -23.2% $36 / Sq Ft
10/19/2011 10/19/11 Pending -- -- --
08/04/2011 08/04/11 For Sale $72,900 -- $47 / 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 $1,616 $80,600 $0 $0
2024 $1,001 $77,800 $0 $0
2023 $954 $67,500 $0 $0
2022 $933 $54,300 $0 $0
2021 $1,442 $56,600 $0 $0
2020 $1,423 $58,000 $0 $0
2019 $1,393 $52,700 $0 $0
2018 $1,350 $52,200 $0 $0
2017 $1,339 $53,000 $0 $0
2016 $1,316 $48,500 $0 $0
2015 $1,320 $48,500 $0 $0
2014 $733 $44,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11043899

Southwestern Michigan Association of REALTORS®

APN: 11-21-1000-0013-00-8