NOT LISTED FOR SALE

31017 M 140 Hwy Covert, MI 49043

Estimated Value: $86,000 - $246,000

4 Beds
2 Baths
1,859 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $25,000 $13 Per Sq Ft

Est. 626% increase in value since last sale

Current estimated payment $1,117/month

35 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2016

Price Reduced!! HUD Home. Case # 263-469518. Spacious home with 4 bedrooms and 2 baths just north of Covert. Disclosures: Property is connected to well and septic systems. Any required well or septic system repairs will be the buyer's expense. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance, UI, financing availability is subject to buyer's appraisal. Seller makes no warranty as to the existence of mold in this property, and is not liable for the potentially harmful effects thereof

Last Listed By

Paul Heaps

Realty Executives Instant Equity License #6502322573 Listed on: 07/29/2016

Realty Executives Instant Equity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 110 x 330
  • Level Lot
  • Property is zoned 401, 401

Parking

  • 1 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,859 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1859.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 28800.0
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Cable Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.74
  • Lot Size Area: 0.74
  • Lot Dimensions: 110 x 330
  • Lot Size Sq Ft: 32234.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 659.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Oct 19, 2016
Sold by
Castro Julian
Bought by
Villa Bacilia Sanchez
Seller's Agent
Paul Heaps
Realty Executives Instant Equity
Buyer's Agent
Denise Moore
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$32,000
Sold Price
$25,000
Premium/Discount to List
-$7,000
-21.88%
Total Days on Market
35
Current Estimated Value
$181,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,529
Avg. Annual Appreciation
26.10%

Purchase Details

Closed on
Aug 3, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 12, 2015
Sold by
Hayes Bennie
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 19, 2001
Sold by
Hayes Thelma A Steed
Bought by
Hayes Bennie L and Steed Thelma A

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
Villa Bacilia Sanchez $25,000 Chicago Title
Secretary Of Housing & Urban Development -- Attorney
Wells Fargo Bank Na $48,980 None Available
Hayes Bennie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Bennie $106,627
Previous Owner Hayes Bennie $105,052
Previous Owner Hayes Bennie L $80,500
Previous Owner Hayes Bennie L $64,400
Previous Owner Hayes Bennie L $44,000
Previous Owner Hayes Bennie L $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $25,000 -21.9% $13 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $32,000 -- $17 / 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
2024 $1,259 $91,800 $0 $0
2023 $1,199 $57,800 $0 $0
2022 $1,807 $48,600 $0 $0
2021 $1,736 $41,700 $1,500 $40,200
2020 $1,709 $41,700 $1,500 $40,200
2019 $1,656 $35,700 $35,700 $0
2018 $1,596 $33,700 $33,700 $0
2017 $1,738 $26,200 $0 $0
2016 $1,083 $26,300 $0 $0
2015 $672 $26,300 $0 $0
2014 $659 $28,400 $0 $0
2013 -- $31,000 $31,000 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16032949

Southwestern Michigan Association of REALTORS®

APN: 80-07-011-041-00