NOT LISTED FOR SALE

328 W Mill St Oscoda, MI 48750

Estimated Value: $257,000 - $504,000

4 Beds
2.5 Baths
2,287 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $69,900 $31 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $1,978/month

49 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 0.72 Acre Lot
  • 2 Car Attached Garage
  • 165 Feet of Waterfront
  • Ranch Style House

About This Home

As of January 2013

On the Mighty AuSable River! Four bedroom two and half bath ranch with over 2200 sq.ft., attached two car garage, over two lots with 165 feet of river frontage, keep your boat and go fishing right out front. Buyers to have Bank of America pre-approval from 800-877-5626 or 989-225-5687 and sign bank addendum, for a repair loan or cash sale because of property condition. Bank of America, N.A. employees and employees household members of the Bank are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

Mark Sterling

STERLING PROPERTIES Listed on: 08/27/2012

Last Buyer's Agent

Mark Sterling

STERLING PROPERTIES Listed on: 08/27/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 31,363 Sq Ft Lot
  • Lot Dimensions are 165x191
  • 165 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • 2,287 Sq Ft Home
  • Ranch Style House
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access

Schools

  • Richardson Elementary School
  • Oscoda Area High School

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.72 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1959
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Qtr Section: SW
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Bedrooms: 4
  • Bedroom 1: On Level: Main Floor
  • Bedroom 2: On Level: Main Floor
  • Bedroom 3: On Level: Main Floor
  • Bedroom 4: On Level: Main Floor
  • Total Bathrooms: 2.5
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: On Level: Main Floor
  • Kitchen: On Level: Main Floor
  • Living Room: On Level: Main Floor
  • Other Room: On Level: Main Floor
  • Total Finished Sf Apx: 2287

Exterior Features

  • Body Of Water: Au Sable Lake
  • Number Of Acres: 0.72
  • Water Features: River
  • Waterfront Frontage: 165

Garage/Parking

  • Garage Capacity: 2
  • Primary Garage: Attached

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 165x191

Tax Info

  • Summer Taxes: 1216
  • Total Taxes: 2152
  • Winter Taxes: 936
  • Year Winter: 2011

MLS Schools

  • Elementary School: Richardson Elementary School
  • HighSchool: Oscoda Area High School
  • School District: Oscoda Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Dec 11, 2012
Sold by
The Bank Of New York Mellon
Bought by
Glaser Robert D
Seller's Agent
Mark Sterling
STERLING PROPERTIES
Buyer's Agent
Mark Sterling
STERLING PROPERTIES
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%
Current Estimated Value
$349,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,261
Avg. Annual Appreciation
12.95%
Original Mortgage
$64,502
Outstanding Balance
$44,563
Interest Rate
3.31%
Estimated Equity
$304,598

Purchase Details

Closed on
Jan 18, 2012
Sold by
Iosco County Sheriff Dept
Bought by
Bank Of New York Mellon and Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glaser Robert D $69,900 --
Bank Of New York Mellon $295,449 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glaser Robert D $64,502
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $69,900 -12.5% $31 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $79,900 -- $35 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $1,500 $161,100 $161,100 $0
2024 $2,591 $153,700 $0 $0
2023 $1,249 $114,900 $114,900 $0
2022 $2,340 $96,100 $96,100 $0
2021 $2,262 $104,900 $104,900 $0
2020 $2,175 $97,700 $97,700 $0
2019 $2,156 $88,000 $88,000 $0
2018 $2,099 $85,400 $85,400 $0
2017 $1,845 $81,500 $81,500 $0
2016 $1,775 $81,500 $0 $0
2015 -- $90,200 $0 $0
2014 -- $90,300 $0 $0
2013 -- $100,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1753928

Northern Great Lakes REALTORS® MLS

APN: 021-C20-000-004-00

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