NOT LISTED FOR SALE

320 Lake St Buchanan, MI 49107

Estimated Value: $127,000 - $215,000

3 Beds
1.5 Baths
1,558 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $80,000 $51 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,060/month

11 Days on Market

Highlights

  • Farmhouse Style Home
  • Breakfast Area or Nook
  • 1 Car Garage
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of April 2023

Welcome to your new farmhouse! This house has lots of opportunities! Perfect for the first time home buyer! 3 bedroom, large open kitchen with custom built cabinets, area for breakfast nook, main floor laundry, on a spacious double corner lot in the city of Buchanan! Enjoy this adorable quaint neighborhood just a half mile from Buchanan High School, Middle School and Moccasin Elementary School. Also, one house away from beautiful Kathryn Park. It really is about location, location, location! Get ready to make this your dream home!! Conventional - 203K financing option, Cash.

Don't forget about the Buchanan Promise. https:buchananpromise.com/

Last Agent to Sell the Property

The Fee Team

RE/MAX by the Lake License #6501432100 Listed on: 02/07/2023

Last Buyer's Agent

Melissa Klipowicz

D Mottl Realty Group LLC License #6501423864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $948

Year Built

  • Built in 1865

Lot Details

  • 0.25 Acre Lot
  • Corner Lot: Yes

Parking

  • 1 Car Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$948

Year Built

Built in 1865

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1865
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1558.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 947.59
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Water Heater:Natural Gas4: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1558.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1558.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 847.0
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 115000.0
  • Lot Features: Corner Lot, Sidewalk
  • Road Surface Type: Paved
  • Roof: Asphalt, Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 10934.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 947.59
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 13, 2023
Sold by
Bumstead Family Trust
Bought by
Klipowicz Melissa and Klipowicz Kevin
Seller's Agent
The Fee Team
RE/MAX by the Lake
Buyer's Agent
Melissa Klipowicz
D Mottl Realty Group LLC
List Price
$115,000
Sold Price
$80,000
Premium/Discount to List
-$35,000
-30.43%
Views
111
Current Estimated Value
$156,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,459
Avg. Annual Appreciation
32.20%
Original Mortgage
$64,000
Outstanding Balance
$42,457
Interest Rate
6.65%
Mortgage Type
Balloon
Estimated Equity
$114,311

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bumstead Donald G and Bumstead Anna M
Bought by
Bumstead Donald G and Bumstead Anna M
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
Klipowicz Melissa $80,000 First American Title
Bumstead Donald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klipowicz Melissa $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $80,000 -30.4% $51 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $115,000 -- $74 / 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 $2,511 $59,400 $0 $0
2024 $2,381 $58,000 $0 $0
2023 $880 $45,600 $0 $0
2022 $863 $37,300 $0 $0
2021 $916 $34,700 $3,900 $30,800
2020 $904 $32,600 $0 $0
2019 $887 $28,200 $3,700 $24,500
2018 $876 $28,200 $0 $0
2017 $858 $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23003754

Southwestern Michigan Association of REALTORS®

APN: 11-58-6860-0011-07-0