$43,500
SOLD JAN 26, 2015

297 W Clay Ave Unit 203 Muskegon, MI 49440

Nelson Neighborhood
2 Beds
4 Baths
1,245 Sq Ft
$463/mo HOA Fee

Recently Sold

$35 Per Sq Ft

33% Below List Price

218 Days on Market

Highlights

  • Indoor Pool
  • Living Room
  • 3-minute walk to Hackley Park
  • Wood Flooring
  • Gas Log Fireplace

About This Home

As of December 2017

Neat and Clean 2 bedroom condo with 2 fireplaces, 2 full baths, hardwood floors, freshly painted interior in Historic Clay St. Enjoy the indoor pool & Optional fitness room, Short walk to new Farmers Market, Frauenthal Theater, Hackley park, Culinary Institute and the resurging down town association fees include special assessment for new roof and upcoming new window.

Last Agent to Sell the Property

Eric Shedd

Nexes Realty Muskegon License #6501219692 Listed on: 05/05/2014

Last Buyer's Agent

Eric Shedd

Nexes Realty Muskegon License #6501219692 Listed on: 05/05/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1920

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,245 Sq Ft Home
  • Gas Log Fireplace
  • Living Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Indoor Pool
  • Natural Gas Connected

Community Details

  • Association fees include water, trash, snow removal, sewer, heat

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,718

Year Built

Built in 1920

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • LivingArea: 1245.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 49900.0
  • Pool Features: Indoor
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Natural Gas Connected

Condo/Co-op/Association

  • Association Fee: 463.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 22, 2017
Sold by
Rummery Joshua I F and Rummery Kaitlin E
Bought by
Schulte Courtney L
Seller's Agent
Stephanie Dahlquist
RE/MAX West
Buyer's Agent
Brock Carlston
Nexes Realty Muskegon
List Price
$104,000
Sold Price
$93,000
Premium/Discount to List
-$11,000
-10.58%
Current Estimated Value
$240,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,308
Avg. Annual Appreciation
12.18%
Original Mortgage
$74,400
Outstanding Balance
$63,221
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$163,687

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 20, 2017
Sold by
Rummery Harold A and Hicks Rummery Susan C
Bought by
Rummery Joshua I F and Rummery Katlin E
Seller's Agent
Stephanie Dahlquist
RE/MAX West
Buyer's Agent
Brock Carlston
Nexes Realty Muskegon
List Price
$104,000
Sold Price
$93,000
Premium/Discount to List
-$11,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Outstanding Balance
$63,221
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$163,687

Purchase Details

Listed on
May 5, 2014
Closed on
Feb 5, 2015
Sold by
Rummery Harold A and Hicks Rummery Susan K
Bought by
Rummery Joshua I F and Rummery Katlin E
Seller's Agent
Eric Shedd
Nexes Realty Muskegon
Buyer's Agent
Eric Shedd
Nexes Realty Muskegon
List Price
$64,900
Sold Price
$43,500
Premium/Discount to List
-$21,400
-32.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.61%
Original Mortgage
$43,500
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 5, 2014
Closed on
Jan 26, 2015
Sold by
Pollock Douglas
Bought by
Rummery Harold A and Rummery Susan K Hicks
Seller's Agent
Eric Shedd
Nexes Realty Muskegon
Buyer's Agent
Eric Shedd
Nexes Realty Muskegon
List Price
$64,900
Sold Price
$43,500
Premium/Discount to List
-$21,400
-32.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 2013
Sold by
Pollock Susan
Bought by
Pollock Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,053
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Phh Mortgage Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2010
Sold by
Powell Craig R
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Mar 2, 2006
Sold by
297 Clay Inc
Bought by
Powell Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,330
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $43,500 None Available
Land Contract $43,500 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Rei
Sheriffs Deed $36,675 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $74,400 New Conventional
Previous Owner $43,500 Seller Take Back
Previous Owner $41,053 New Conventional
Previous Owner $84,330 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $93,000 -10.6% $75 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $104,000 +139.1% $84 / Sq Ft
01/26/2015 01/26/15 Sold $43,500 -33.0% $35 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $64,900 -- $52 / 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 $1,718 $96,100 $0 $0
2024 $459 $91,400 $0 $0
2023 $439 $75,800 $0 $0
2022 $1,605 $58,200 $0 $0
2021 $1,576 $52,900 $0 $0
2020 $1,528 $46,200 $0 $0
2019 $1,500 $38,500 $0 $0
2018 $1,466 $32,600 $0 $0
2017 $1,244 $29,600 $0 $0
2016 $324 $27,100 $0 $0
2015 -- $25,700 $0 $0
2014 $460 $40,900 $0 $0
2013 -- $38,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14022893

Southwestern Michigan Association of REALTORS®

APN: 24-138-000-0203-00