NOT LISTED FOR SALE

305 Chippewa St Buchanan, MI 49107

Estimated Value: $173,809 - $204,000

3 Beds
1.5 Baths
1,432 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $30,000 $21 Per Sq Ft

Est. 530% increase in value since last sale

Current estimated payment $1,148/month

24 Days on Market

Highlights

  • Farmhouse Style Home
  • Forced Air Heating System
  • Wood Siding
  • 1 Car Detached Garage

About This Home

As of August 2015

HUD home sold 'as is' by electronic bid only. Equal housing opportunity. All bids must be submitted through a registered HUD approved real estate agent. Buyer and buyer’s agent to verify all listing information. All bidders must have lender pre-qualification letter or proof of funds.

Last Agent to Sell the Property

Michael Stover

Coldwell Banker Anchor R.E. Listed on: 06/05/2015

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60x132

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,432 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1935
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 23.04
  • General Property Info:Lot Dimensions: 60x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1432.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1498.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1432.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1432.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 686.0

Exterior Features

  • Construction Materials: Block, Wood Siding
  • List Price: 33000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 60x132
  • Lot Size Sq Ft: 7920.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1498.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 13, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Lowery Angela P
Seller's Agent
Michael Stover
Coldwell Banker Anchor R.E.
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$33,000
Sold Price
$30,000
Premium/Discount to List
-$3,000
-9.09%
Current Estimated Value
$188,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,952
Avg. Annual Appreciation
19.44%
Original Mortgage
$30,000
Outstanding Balance
$23,514
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$165,438

Purchase Details

Closed on
Jun 19, 2015
Sold by
1St Source Bank
Bought by
Secretary Of Housing & Urban Developentg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$23,514
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$165,438

Purchase Details

Closed on
Dec 4, 2014
Sold by
Bentley Dennis W and Bentley Samantha
Bought by
1St Source Bank

Purchase Details

Closed on
Aug 28, 2008
Sold by
Dickey Sarah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2004
Sold by
Dickey Brian John and Dickey Robyn Adair
Bought by
Dickey Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1993

Purchase Details

Closed on
Dec 1, 1975
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowery Angela P $30,000 Chicago Title
Secretary Of Housing & Urban Developentg -- None Available
1St Source Bank $54,976 None Available
Federal National Mortgage Association $63,679 None Available
Dickey Sarah $75,000 --
-- $55,000 --
-- $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowery Angela P $30,000
Previous Owner Dickey Sarah $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $30,000 -9.1% $21 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $33,000 -- $23 / 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 $1,926 $69,400 $0 $0
2024 $1,783 $68,800 $0 $0
2023 $1,720 $58,600 $0 $0
2022 $1,687 $50,000 $0 $0
2021 $1,771 $46,500 $2,300 $44,200
2020 $1,748 $44,300 $0 $0
2019 $1,716 $41,500 $2,200 $39,300
2018 $1,691 $41,500 $0 $0
2017 $1,658 $41,900 $0 $0
2016 $1,647 $39,400 $0 $0
2015 $2,225 $38,300 $0 $0
2014 $1,401 $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Stover

    Coldwell Banker Anchor R.E.

  • R

    Buyer's Agent in 2015

    Richard Shepardson

    RE/MAX Michigan

See All Agents

Map

Source: MichRIC

MLS Number: 15029054

MichRIC

APN: 11-58-0650-0027-00-1

Michigan Berrien County Buchanan 49107

305 Chippewa St, Buchanan, MI

Not Listed for Sale

Detached

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