$49,000
SOLD MAY 28, 2021

314 Magnolia St Three Oaks, MI 49128

3 Beds
1 Bath
1,600 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

57% Below List Price

268 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Level Lot
  • Chikaming Elementary School Rated A-

About This Home

As of August 2022

Located in the south part of Three Oaks, this is a fantastic opportunity to own and rent. 314 is cleaned out, but NOT rehabbed. 310 is fully rehabbed (no appliances), but next door and comes with an extra lot list is $209,000, buy 2 homes live in 310 and rehab 314 and rent out. Make this into your retreat, but also add the other home for a rental opportunity! Close enough to walk to town and enjoy all Three Oaks Village has to offer, pizzeria, theater, restaurants, whiskey distillery, shops and more! Public beaches are less than 10-min drive away.

Last Agent to Sell the Property

Klaus Nyman

@properties Christie's International R.E. License #6501393874 Listed on: 05/10/2021

@properties Christie's International R.E.

Co-Listed By

Lauren Potts

Greenstone Farm Credit Service License #6501400714

Last Buyer's Agent

Klaus Nyman

@properties Christie's International R.E. License #6501393874 Listed on: 05/10/2021

@properties Christie's International R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48x125
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$812

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1600.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 812.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1600.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1600.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 50000.0
  • Lot Features: Level, Sidewalk
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 48x125
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 812.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 25, 2022
Sold by
Ngp Holdings Llc
Bought by
Lansangan Marissa R
Seller's Agent
Angella German
Coldwell Banker Realty
Buyer's Agent
Becky Wicks
RE/MAX Modern Realty
List Price
$299,000
Sold Price
$287,500
Premium/Discount to List
-$11,500
-3.85%
Current Estimated Value
$301,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,332
Avg. Annual Appreciation
1.57%
Original Mortgage
$256,850
Outstanding Balance
$245,562
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$56,270

Purchase Details

Listed on
May 10, 2021
Closed on
May 26, 2021
Sold by
Cochran Jennifer L and Cochran Jennifer
Bought by
Ngp Holdings Llc
Seller's Agent
Klaus Nyman
@properties Christie's International R.E.
Buyer's Agent
Klaus Nyman
@properties Christie's International R.E.
List Price
$115,000
Sold Price
$49,000
Premium/Discount to List
-$66,000
-57.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
326.45%

Purchase Details

Closed on
Oct 16, 1987

Purchase Details

Closed on
Oct 19, 1978
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $287,500 --
Warranty Deed -- First American Title Ins Co
Deed -- --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,850 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $287,500 -3.8% $216 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $299,000 +510.2% $225 / Sq Ft
05/28/2021 05/28/21 Sold $49,000 -57.4% $31 / Sq Ft
08/20/2020 08/20/20 For Sale $115,000 -- $72 / 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 $1,240 $61,000 $0 $0
2024 $1,416 $55,400 $0 $0
2023 $1,414 $55,700 $0 $0
2022 $1,179 $45,100 $0 $0
2021 $1,399 $41,300 $8,600 $32,700
2020 $1,337 $30,400 $0 $0
2019 $1,274 $24,500 $6,000 $18,500
2018 $1,664 $24,500 $0 $0
2017 $1,224 $24,588 $0 $0
2016 $1,207 $21,879 $0 $0
2015 $1,205 $22,171 $0 $0
2014 $230 $21,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20023342

Southwestern Michigan Association of REALTORS®

APN: 11-47-7260-0075-00-7