NOT LISTED FOR SALE

315 S Sherman St Sheridan, MI 48884

Estimated Value: $147,278 - $197,000

2 Beds
1 Bath
1,012 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 07, 2013

Last sale price $28,789 $28 Per Sq Ft

Est. 468% increase in value since last sale

Current estimated payment $936/month

57 Days on Market

Highlights

  • Deck
  • Porch
  • Snack Bar or Counter
  • Fenced Yard
  • Patio
  • Water Softener is Owned

About This Home

As of November 2013

Two possible 3 bedroom home in the Village of Sheridan. Large living room with vaulted ceiling. Main floor laundry and utility room. Main bedroom also has vaulted ceiling. Formal dining room with slider to a large deck. Large fenced backyard. This would make a nice starter home. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 07/23/2013

KW Rivertown Hoppough

Last Buyer's Agent

Lindsey Schab

Five Star Real Estate (Rock) License #6501337074

Five Star Real Estate (Rock)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Fenced Yard
  • Shrub

Parking

  • Unpaved Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Wall Furnace
  • Water Softener is Owned
  • 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

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1012.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1205.0
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Additional Items:Water SoftenerOwned: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1012.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fans, Water Softener/Owned, Pantry
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Slab
  • LivingArea: 1012.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back, Porch(es), Patio, Deck(s)
  • List Price: 24900.0
  • Lot Features: Sidewalk
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Radiant, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66x165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1205.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2013
Closed on
Nov 6, 2013
Sold by
Federal National Mortgage Association
Bought by
Eldridge Anthony
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Lindsey Schab
Five Star Real Estate (Rock)
List Price
$34,900
Sold Price
$28,789
Premium/Discount to List
-$6,111
-17.51%
Current Estimated Value
$163,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,781
Avg. Annual Appreciation
15.57%
Original Mortgage
$27,349
Outstanding Balance
$20,589
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$139,644

Purchase Details

Closed on
Nov 15, 2012
Sold by
Jenkins Barbara J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2006
Sold by
Williams Barbara J and Jenkins Barbara J
Bought by
Bailey Rusty L and Barbara J Williams Trust One

Purchase Details

Closed on
Feb 17, 1999
Sold by
Jensen Linda
Bought by
Jenkins Barbara J

Purchase Details

Closed on
Sep 16, 1996
Sold by
Kapp Teda
Bought by
Jensen Linda

Purchase Details

Closed on
Jul 29, 1992
Sold by
Erskin
Bought by
Race

Purchase Details

Closed on
Jul 1, 1992
Sold by
Race
Bought by
Thomas
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 Buyer Sale Price Title Company
Eldridge Anthony -- None Available
Federal National Mortgage Association $55,481 None Available
Fannie Mae $55,481 --
Bailey Rusty L -- None Available
Jenkins Barbara J $68,500 --
Jensen Linda $29,300 --
Kapp Teda $27,500 --
Race $27,900 --
Thomas $27,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Anthony $27,349
Previous Owner Jenkins Barbara J $72,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2013 11/07/13 Sold $28,789 -17.5% $28 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $34,900 -- $34 / 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 $785 $58,500 $0 $0
2024 $866 $57,200 $0 $0
2023 -- $48,700 $0 $0
2022 -- $42,400 $0 $0
2021 -- $39,000 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13043477

Southwestern Michigan Association of REALTORS®

APN: 044-600-013-00