NOT LISTED FOR SALE

29240 Albion Rd Albion, MI 49224

Estimated Value: $186,000 - $221,361

3 Beds
2 Baths
2,450 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $147,000 $60 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,302/month

17 Days on Market

Highlights

  • 1.24 Acre Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • Deck
  • Forced Air Heating System

About This Home

As of October 2022

Two possible 3 bedroom, 2 bath home with walk-out finished basement. Possible 3rd bedroom in basement. 2.5 car attached garage and deck. All offers must be submitted by the buyer's agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer's broker upon consummation of a sale..
Offer link to property:

In a multiple offer situation. Highest & best offers to be submitted by 9/8/22, 11:59 p.m.

Last Agent to Sell the Property

DOUGLAS DEMOTT

LEFERE REALTY License #6501267070 Listed on: 08/26/2022

Last Buyer's Agent

DOUGLAS DEMOTT

LEFERE REALTY License #6501267070 Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1956

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 135x400
  • Property is zoned RNF-1, RNF-1

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • HardiePlank Siding

Interior Spaces

  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 77.35
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 135x400
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2450.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2594.0
  • Tax Info:Zoning3: RNF-1
  • 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
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1550.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 2450.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Finished SQFT: 900.0
  • Basement Rooms:Total Basement SQFT: 1550.0
  • Below Grade Sq Ft: 900.0

Exterior Features

  • Construction Materials: HardiPlank Type
  • List Price: 119900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.24
  • Lot Size Area: 1.24
  • Lot Dimensions: 135x400
  • Lot Size Sq Ft: 54014.0
  • Zoning Description: RNF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2594.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 10, 2022
Sold by
Cim Reo 2021-Nr1 Llc
Bought by
Newsome Brenda and Nichols Amy
Seller's Agent
DOUGLAS DEMOTT
LEFERE REALTY
Buyer's Agent
DOUGLAS DEMOTT
LEFERE REALTY
List Price
$119,900
Sold Price
$147,000
Premium/Discount to List
$27,100
22.6%
Views
25
Current Estimated Value
$204,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,090
Avg. Annual Appreciation
10.73%
Original Mortgage
$135,850
Outstanding Balance
$130,590
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$73,500

Purchase Details

Closed on
Mar 25, 2021
Sold by
Mckee Patricia A
Bought by
U S Bank National Association and Cim Trust 2016 2
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newsome Brenda $143,000 Servicelink
Cim Reo 2021-Nr1 Llc -- Servicelink
Newsome Brenda $143,000 Servicelink
U S Bank National Association $123,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsome Brenda $135,850
Closed Newsome Brenda $135,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $147,000 +22.6% $60 / Sq Ft
08/26/2022 08/26/22 For Sale $119,900 -- $49 / Sq Ft
Source: MichRIC

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 $2,823 $99,350 $0 $0
2024 $1,007 $87,700 $0 $0
2023 $2,152 $103,150 $0 $0
2022 $2,152 $99,300 $0 $0
2020 $2,152 $90,850 $0 $0
2019 $0 $82,050 $0 $0
2018 $0 $79,500 $5,550 $73,950
2017 $0 $83,750 $0 $0
2016 $0 $77,150 $0 $0
2015 -- $68,750 $16,415 $52,335
2014 -- $64,300 $16,415 $47,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22036882

MichRIC

APN: 01-101-147-00