NOT LISTED FOR SALE

326 River St Spring Lake, MI 49456

Estimated Value: $252,950 - $338,000

3 Beds
1 Bath
1,299 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $81,500 $63 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,694/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Fireplace
  • Spring Lake High School Rated A-
  • Traditional Architecture
  • Corner Lot: Yes

About This Home

As of May 2017

This home is in a super location! Brand You Can See The Elementary School From The Back Deck. Sidewalks Take You To Just About Anywhere In The Quaint Village Of Spring Lake And Only A Short Jaunt To Spring Lake Beach And Other Multiple Parks. Lake Michigan Is Just Minutes Away.

Last Agent to Sell the Property

Steve Sterken

ART Realty LLC - I License #6502353594 Listed on: 03/28/2017

Last Buyer's Agent

Melody Harrington

Encompass-Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot: Yes

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Walk-Out Basement
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 68.51
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 X 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1299.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2314.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • 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:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Mineral Rights:No: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1299.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Broadband, Pantry
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk-Out Access
  • LivingArea: 1299.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 89000.0
  • Lot Features: Corner Lot, Sidewalk
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 X 132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2314.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
May 19, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Beath Daniel J
Seller's Agent
Steve Sterken
ART Realty LLC - I
Buyer's Agent
Melody Harrington
Encompass-Realtors
List Price
$118,000
Sold Price
$81,500
Premium/Discount to List
-$36,500
-30.93%
Current Estimated Value
$279,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,988
Avg. Annual Appreciation
15.33%

Purchase Details

Closed on
Jul 26, 2016
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 14, 2016
Sold by
Howard Richard and Howard Kristen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 23, 2010
Sold by
Dushane Marleana F and Dushane Albert C
Bought by
Howard Richard and Howard Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,620
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Beath Daniel J $81,500 Chicago Title
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $90,070 Attorney
Howard Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Richard $87,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $81,500 -30.9% $63 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $118,000 -- $91 / Sq Ft
Source: MichRIC

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 $2,789 $91,300 $0 $0
2024 $27 $88,900 $0 $0
2023 $2,568 $82,800 $0 $0
2022 $2,756 $65,000 $0 $0
2021 $2,664 $60,500 $0 $0
2020 $2,699 $53,800 $0 $0
2019 $2,614 $52,600 $0 $0
2018 $2,556 $43,100 $17,100 $26,000
2017 $1,909 $41,900 $0 $0
2016 $934 $40,100 $0 $0
2015 -- $32,300 $0 $0
2014 -- $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16051174

MichRIC

APN: 70-03-22-202-014