NOT LISTED FOR SALE

Estimated Value: $120,000 - $138,000

2 Beds
1 Bath
900 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $25,000 $28 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $797/month

32 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bungalow
  • 1 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2015

Lakeview Schools 2 bedroom 1 bath home is priced to sell at 39,900. House has had a lot of updates over the last 11 years. Call Jeffrey A Penick at 269-420-4756

Last Agent to Sell the Property

Jeffrey Penick

RE/MAX Perrett Associates License #6501339372 Listed on: 11/13/2015

RE/MAX Perrett Associates

Last Buyer's Agent

Esther Leonard

EXP Realty License #6506047702

EXP Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,314 Sq Ft Lot
  • Lot Dimensions are 40 x 133
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Replacement Windows
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 X 133
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1094.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 800.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 900.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 100.0
  • Basement Rooms:Total Basement SQFT: 800.0
  • Below Grade Sq Ft: 100.0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 39900.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 X 133
  • Lot Size Sq Ft: 5314.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1094.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 23, 2015
Sold by
Merchantile Bank Of Michigan
Bought by
Nieve Irma L
Seller's Agent
Jeffrey Penick
RE/MAX Perrett Associates
Buyer's Agent
Esther Leonard
EXP Realty
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Current Estimated Value
$130,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,994
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Feb 5, 2015
Sold by
M T Leasing & Development Llc
Bought by
Mercantile Bank Of Michigan

Purchase Details

Closed on
Dec 30, 2008
Sold by
Robertson Danielle and Fritzer Danielle
Bought by
Mt Leasing & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Halme Raymond A
Bought by
Fritzer Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,305
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Jones Clester C and Jones Clester E
Bought by
Halme Raymond E

Purchase Details

Closed on
Mar 30, 1999
Sold by
Jones Clester C
Bought by
Jones Clester C and Jones Clester E
Source: Public Records

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
Nieve Irma L $25,000 None Available
Mercantile Bank Of Michigan $50,000 None Available
Mt Leasing & Development Llc $80,000 Chicago Title
Fritzer Danielle $51,900 Chicago Title Of Michigan
Halme Raymond E $46,400 --
Jones Clester C -- --
Jones Clester C $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mt Leasing & Development Llc $80,000
Previous Owner Fritzer Danielle $49,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $25,000 -37.3% $28 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $39,900 -- $44 / 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
2025 -- $45,800 $0 $0
2024 $1,226 $42,996 $0 $0
2023 $1,437 $37,044 $0 $0
2022 $1,107 $29,424 $0 $0
2021 $1,612 $27,640 $0 $0
2020 $1,646 $28,206 $0 $0
2019 $1,637 $27,481 $0 $0
2018 $1,637 $26,701 $1,950 $24,751
2017 $1,398 $24,810 $0 $0
2016 $1,183 $24,209 $0 $0
2015 $1,070 $24,442 $1,965 $22,477
2014 $1,070 $23,915 $1,965 $21,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15057221

Southwestern Michigan Association of REALTORS®

APN: 4640-08-381-0