NOT LISTED FOR SALE

3245 Timpson Ave SE Lowell, MI 49331

Estimated Value: $286,000 - $379,000

3 Beds
1 Bath
961 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $42,000 $44 Per Sq Ft

Est. 684% increase in value since last sale

Current estimated payment $1,929/month

117 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • 1 Car Detached Garage
  • Alto Elementary School Rated A
  • Wooded Lot
  • Eat-In Kitchen

About This Home

As of October 2015

HUD HOMES SOLD AS IS. WWW.CITYSIDECORP.COM FOR BIDDING INFO. FHA 263-386059 FHA INSURABILITY CODE IE. LEAD BASE PAINT NOTICES. ACCESS W/HUD KEY SHOW ANYTIME. NEW HOMES EACH DAY.

Last Agent to Sell the Property

Tom Paarlberg

Greenridge Realty (Corp) Listed on: 06/04/2015

Last Buyer's Agent

Laura Koster

Apex Realty Group License #6501386224

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 165x1320
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Phone Connected

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

5 Acres

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1959
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 71.64
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 165x1320
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 961.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1333.0
  • Tax Info:Zoning3: Res
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Garage Type Detached: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 961.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 68850.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Dimensions: 165x1320
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1333.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 20, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Eckman Joel Allan
Seller's Agent
Tom Paarlberg
Greenridge Realty (Corp)
Buyer's Agent
Laura Koster
Apex Realty Group
List Price
$85,000
Sold Price
$42,000
Premium/Discount to List
-$43,000
-50.59%
Current Estimated Value
$329,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,305
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Feb 18, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 13, 2014
Sold by
Fallstrom Jeffrey A and Fallstrom Nettie
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 30, 2003
Sold by
The Pfishner Trust
Bought by
Fallstrom Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Eckman Joel Allan $42,000 First American Title Ins Co
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $138,130 None Available
Fallstrom Jeffrey A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fallstrom Jeffrey A $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2015 10/21/15 Sold $42,000 -50.6% $44 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $85,000 -- $88 / Sq Ft
Source: MichRIC

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 $2,041 $136,200 $0 $0
2024 $20 $127,000 $0 $0
2023 $1,952 $111,900 $0 $0
2022 $2,639 $101,500 $0 $0
2021 $1,980 $78,800 $0 $0
2020 $1,430 $74,400 $0 $0
2019 $52,283 $67,000 $0 $0
2018 $1,624 $55,600 $0 $0
2017 $1,580 $53,000 $0 $0
2016 $1,521 $49,600 $0 $0
2015 -- $49,600 $0 $0
2013 -- $47,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15028645

MichRIC

APN: 41-20-17-400-025

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