NOT LISTED FOR SALE

324 W Cherry St Potterville, MI 48876

Estimated Value: $165,000 - $190,000

3 Beds
1 Bath
1,600 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $48,500 $30 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,117/month

78 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • Deck
  • Living Room
  • Dining Room

About This Home

As of May 2012

This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for Homepath and HomePath Renovation Mortgage. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All offers must include a pre approval letter from a direct endorsement lender. Minimum 10% earnest money deposit if cash purchase. Cash offers to include proof of funds. All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Cape cod in Potterville. Close to everything! Oak kitch en, 2.5 car garage. 3 bdrms on first floor.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 01/09/2012

Last Buyer's Agent

Evan Wilson

Five Star Real Estate - Lansing License #6501358511

Five Star Real Estate - Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 80x140
  • Fenced

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 10
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1952
  • Lot Size: 80x140
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Cape Cod
  • Living Area: 1600.0
  • General Property Info:Lot Size Dimensions: 80x140
  • General Property Info:Above Grade Finished Area: 1200.0
  • General Property Info:Total Livable Area: 1600.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Fencing:Fenced: Yes
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 1968.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 400.0
  • Full Basement: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Potterville

Tax Info

  • Tax Annual Amount: 1751.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
May 23, 2012
Sold by
Fannie Mae
Bought by
Vandecar Matt C
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Evan Wilson
Five Star Real Estate - Lansing
List Price
$70,500
Sold Price
$48,500
Premium/Discount to List
-$22,000
-31.21%
Current Estimated Value
$177,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,753
Avg. Annual Appreciation
10.03%
Original Mortgage
$51,000
Outstanding Balance
$35,586
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$137,357

Purchase Details

Closed on
May 12, 2011
Sold by
Booden Michael A
Bought by
Fannie Mae

Purchase Details

Closed on
Oct 26, 2007
Sold by
Alabuszew Kutek Elzbieta J
Bought by
Booden Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Vandecar Matt C $48,500 Parks Title
Fannie Mae $131,840 None Available
Booden Michael A $111,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandecar Matt C $25,000
Open Vandecar Matthew C $51,000
Previous Owner Booden Michael A $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $48,500 -31.2% $30 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $70,500 -- $44 / 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 $1,906 $64,200 $0 $0
2024 $1,240 $56,100 $0 $0
2023 $1,795 $51,300 $0 $0
2022 $1,730 $47,100 $0 $0
2021 $455 $45,100 $0 $0
2020 $1,617 $41,400 $0 $0
2019 $1,595 $37,666 $0 $0
2018 $0 $38,300 $0 $0
2017 -- $37,400 $0 $0
2016 -- $36,200 $0 $0
2015 -- $35,600 $0 $0
2014 -- $32,600 $0 $0
2013 -- $32,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 32998

Greater Lansing Association of Realtors®

APN: 700-067-600-140-00