NOT LISTED FOR SALE

316 W Madison St Petersburg, MI 49270

Estimated Value: $315,000 - $344,000

4 Beds
2 Baths
2,500 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $200,000 $80 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,141/month

76 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Patio
  • Gas Fireplace

About This Home

As of August 2017

You'll feel right at home in this gorgeous 2 story with finished 3rd floor! This 2,500 sf, 4 bedroom, 2 bathroom home has been lovingly cared for by the long time owners. Original beauty and character still remains with the hardwood floors, wood trim, built-ins, stone fireplace, archways, sconces and more. Main floor bedroom and bath, main floor laundry, inviting living room, family room with second fireplace, breezeway from 2-car garage with upstairs workshop. Second floor has 2 spacious bedrooms , walk-in closet, balcony off bedroom, 2nd bathroom, built-ins, den/library. Finished 3rd floor has the 4th bedroom with study area. Updated with beautiful quality Burdicks kitchen cabinets, granite counters (2 years), main floor bath (2 years), furnace/central air (5 years), hot water heater (1 year). The electrical, windows and roof are also updated. Situated on over a half acre in a friendly community with easy access to US 23. A must-see in your home search!

Last Agent to Sell the Property

Tom Wagner

Howard Hanna - Monroe License #MCAR-6501310943 Listed on: 05/27/2017

Howard Hanna - Monroe

Last Buyer's Agent

Don Zimmerman

The Danberry Company - Temperance License #MCAR-6501323247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 219x140x126x167
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 57-015-033-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,255

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 2255
  • Year Built: 1930
  • Mail City: Petersburg
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Partial
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 15 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 13
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 4: On Upper Floor, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On Main Floor, Dimensions: 12 x 12
  • Family Room: On Main Floor, Dimensions: 16 x 16
  • Kitchen: On Main Floor, Dimensions: 11 x 16
  • Library Den: Dimensions: 10 x 8
  • Living Room: On Main Floor, Dimensions: 20 x 13
  • Other Room1: Dimensions: 20x11, On Level: Main
  • Above Grade Finished Sq Ft: 2500
  • Total Finished Sq Ft: 2500

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Crawl

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 57-015-033-00
  • Lot Dimensions: 219x140x126x167
  • Acreage: 0.55
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Amount: $1,685.00
  • Winter Tax: Amount: $570.00
  • Total Tax: Amount: $2,255.00

MLS Schools

  • School District: Summerfield School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2017
Closed on
Aug 11, 2017
Sold by
Burkeen Doran C and Burkeen Glenda S
Bought by
Wise Candace Mae
Seller's Agent
Tom Wagner
Howard Hanna - Monroe
Buyer's Agent
Don Zimmerman
The Danberry Company - Temperance
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$330,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,783
Avg. Annual Appreciation
5.54%
Original Mortgage
$196,377
Outstanding Balance
$163,721
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$144,504

Purchase Details

Closed on
Sep 1, 1988
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
Wise Candace Mae $200,000 Barristers Title
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Candace Mae $196,377
Previous Owner Burkeen Doran C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $200,000 -4.7% $80 / Sq Ft
05/27/2017 05/27/17 For Sale $209,900 -- $84 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,962 $146,400 $1,700 $144,700
2024 $2,736 $144,800 $0 $0
2023 $2,624 $124,500 $0 $0
2022 $3,616 $124,500 $0 $0
2021 $1,071 $116,300 $0 $0
2020 $3,802 $93,900 $0 $0
2019 $3,776 $93,900 $0 $0
2018 $3,740 $83,900 $0 $0
2017 $2,296 $74,000 $0 $0
2016 $2,296 $74,000 $0 $0
2015 $2,254 $57,700 $0 $0
2014 $2,249 $57,700 $0 $0
2013 $2,545 $50,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21301560

Michigan Multiple Listing Service

APN: 57-015-033-00