NOT LISTED FOR SALE

Estimated Value: $327,890 - $359,000

3 Beds
2 Baths
2,335 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $145,000 $62 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,077/month

90 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Fireplaces
  • Fenced Yard
  • Deck
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of February 2014

This elegant ranch home is located near Asylum Lake, in the highly sought after Winchell neighborhood. Winchell has an award winning elementary school, a neighborhood beach, and is in close proximity to shops and cafes. The home has 3 bedrooms, 2 full baths and 2009 sq ft of living space. The front yard has landscaping and mature trees. Quality starts at the front door with a view of the staircase and beautiful wood floors. The living room is huge with a fireplace, built in shelves and flows into the formal dining area. The galley kitchen has room for a breakfast table in front of the large garden window. The main floor has a master suite with a large bedroom and full bath. Upstairs you'll find 2 additional large bedrooms, an additional full bath and access to the second floor deck and at tic storage. The full basement has a workbench and shelving and is partially finished. Outside you'll find a charming storage shed, a 2 stall attached garage on a half acre lot.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 09/10/2013

Last Buyer's Agent

Jeff Lee

Berkshire Hathaway HomeServices MI License #6502334434

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 116 x 200
  • Fenced Yard
  • Decorative Fence
  • Garden
  • Property is zoned RS-5, RS-5

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Living Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 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 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2335.0
  • Basement Rooms:Basement Finished SQFT: 320.0
  • Basement Rooms:Total Basement SQFT: 1156.0
  • Kitchen Features:Eating Area: Yes
  • Below Grade Sq Ft: 320.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Back, Scrn Porch, Patio, Deck(s)
  • List Price: 162000.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 116 X 200
  • Lot Size Sq Ft: 23087.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3755.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Feb 11, 2014
Sold by
Fannie Mae
Bought by
Lutz Nathan E
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Jeff Lee
Berkshire Hathaway HomeServices MI
List Price
$186,000
Sold Price
$145,000
Premium/Discount to List
-$41,000
-22.04%
Total Days on Market
90
Current Estimated Value
$344,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,723
Avg. Annual Appreciation
8.27%
Original Mortgage
$137,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2012
Sold by
Mcgeorge Jeanne M
Bought by
Federal National Mortgage Association
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
Lutz Nathan E $145,000 None Available
Federal National Mortgage Association $137,309 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Nathan E $125,000
Closed Lutz Nathan E $137,750
Previous Owner Mcgeorge Jeanne M $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $145,000 -22.0% $62 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $186,000 -- $80 / 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 $2,967 $140,800 $0 $0
2023 $4,818 $124,100 $0 $0
2022 $4,818 $112,600 $0 $0
2021 $4,597 $104,400 $0 $0
2020 $4,562 $100,900 $0 $0
2019 $2,517 $92,500 $0 $0
2018 $4,248 $89,100 $0 $0
2017 $3,955 $87,300 $0 $0
2016 $3,955 $83,300 $0 $0
2015 $3,955 $79,400 $0 $0
2014 $3,955 $76,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13053589

Southwestern Michigan Association of REALTORS®

APN: 06-29-170-002