NOT LISTED FOR SALE

318 S Summit Webberville, MI 48892

Estimated Value: $198,000 - $212,261

3 Beds
1 Bath
1,472 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $125,000 $85 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,398/month

Highlights

  • Deck
  • Screened Porch
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room

About This Home

As of October 2019

Updated two story home in the Village! Enclosed front porch, large wood deck, and a fenced yard. Living Room has a beamed ceiling, new carpeting, and a ceiling fan. Large country eat-in Kitchen has oak cabinets, ceramic stone back splash and recessed lighting. 1st floor Laundry. 1st floor Master Bedroom has French doors, large walk-in closet, new carpeting. Updated bath. 2 bedrooms on the second floor. 2 car detached Garage

Last Agent to Sell the Property

Jeffrey Thornton

Coldwell Banker Professionals -Okemos Listed on: 07/02/2019

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Screened Porch
  • Michigan Basement
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1933
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: 981
  • Co List Office Phone: 517-349-4406
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1472.0
  • Living Area: 1472.0
  • General Property Info:Above Grade Finished Area: 1472.0
  • General Property Info:Total Livable Area: 1472.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:Exhaust Fan: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 2560.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Primary Downstairs, Stove Hookup - Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Basement:Michigan: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Screened
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes

Garage/Parking

  • Parking Features: Garage Door Opener, Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • LaundryFeatures: Electric Dryer Hookup, Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Webberville

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5165
  • Tax Annual Amount: 3593.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Kortman Steven W and Kortman Calvin
Bought by
Kortman Steven W and Kortman Laura
Current Estimated Value
$202,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,205
Outstanding Balance
$115,188
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$87,627

Purchase Details

Listed on
Jul 2, 2019
Closed on
Oct 11, 2019
Sold by
Palazzolo Joseph P
Bought by
Kortman Steven W and Kortman Calvin
Seller's Agent
Jeffrey Thornton
Coldwell Banker Professionals -Okemos
Buyer's Agent
Non Member
Non Member Office
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$122,735
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2015
Sold by
Palazzolo Robert J and Palazzolo Collette
Bought by
Palazzolo Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,534
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2009
Sold by
Us Bank Na
Bought by
Palazzolo Robert J

Purchase Details

Closed on
Jul 12, 2007
Sold by
Griswold Raymond A and Griswold Linda D
Bought by
U S Bank Na and Morgan Stanley Dean Witter Capital I Inc
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
Kortman Steven W -- None Available
Kortman Steven W $125,000 Tri County Title Agency Llc
Palazzolo Joseph P $89,150 None Available
Palazzolo Robert J $14,900 None Available
U S Bank Na $117,567 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortman Steven W $128,205
Closed Kortman Steven W $122,735
Previous Owner Palazzolo Joseph P $87,534
Previous Owner Griswold Raymond A $107,950
Previous Owner Griswold Raymond A $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $125,000 +0.1% $85 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $124,900 -3.8% $85 / Sq Ft
07/01/2019 07/01/19 For Sale $129,900 -- $88 / Sq Ft
Source: Greater Lansing 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 $3,919 $94,100 $13,500 $80,600
2024 $21 $90,200 $13,500 $76,700
2023 $3,689 $77,600 $12,400 $65,200
2022 $4,319 $74,400 $12,400 $62,000
2021 $3,344 $73,100 $12,400 $60,700
2020 $4,417 $64,200 $12,200 $52,000
2019 $2,263 $64,200 $12,200 $52,000
2018 $3,133 $58,300 $12,200 $46,100
2017 $3,593 $50,300 $12,200 $38,100
2016 -- $51,800 $12,200 $39,600
2015 -- $49,500 $24,300 $25,200
2014 -- $46,700 $24,300 $22,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 238318

Greater Lansing Association of Realtors®

APN: 43-08-11-405-007