NOT LISTED FOR SALE

33 Gibson Rd Branch, MI 49402

Estimated Value: $68,000 - $190,000

2 Beds
1 Bath
862 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $10,000 $12 Per Sq Ft

Est. 1,242% increase in value since last sale

Current estimated payment $878/month

120 Days on Market

About This Home

As of March 2013

Looking for an inexpensive cabin, rental or year round home, we found it. Located in Walhalla just on the other side of the post office. Enjoy the wooded setting. This home needs fixing up and price reflexed that but since it is small, it shouldn't take to much to fix it up. Seller does not know anything about it including about the well, septic, heat system, age, etc. Buyer is buying as is. It does need a cash buyer due to the condition. there is 0 road frontage, this property sits behind a parcel that butts up to the road. Buyer to verify zoning

Last Listed By

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 10/24/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 365x140x427x152
  • Property is zoned Commercial ??, Commercial ??

Parking

  • Unpaved Driveway

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 862 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Slab
  • LivingArea: 862.0

Exterior Features

  • Construction Materials: Concrete
  • List Price: 12000.0
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.27
  • Lot Size Area: 1.27
  • Lot Dimensions: 365x140x427x152
  • Lot Size Sq Ft: 55321.0
  • Zoning Description: Commercial ??
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Mar 6, 2013
Sold by
Shelby State Bank
Bought by
Taylor Jeffrey David
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%
Total Days on Market
120
Current Estimated Value
$134,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,201
Avg. Annual Appreciation
21.68%
Original Mortgage
$10,000
Outstanding Balance
$7,257
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$101,449

Range of Values:

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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
Taylor Jeffrey David $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Jeffrey David $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2013 03/12/13 Sold $10,000 -33.3% $12 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
10/24/2012 10/24/12 For Sale $15,000 -- $17 / 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
2024 -- $42,400 $42,400 $0
2023 -- $34,100 $34,100 $0
2022 -- $26,900 $0 $0
2021 -- $24,900 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12057199

Southwestern Michigan Association of REALTORS®

APN: 002-016-047-00