NOT LISTED FOR SALE

3565 Observatory Ln Holt, MI 48842

Estimated Value: $311,000 - $345,008

3 Beds
2.5 Baths
1,800 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $215,000 $119 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,428/month

46 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Living Room
  • Community Pool
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2020

Tremendous opportunity with this 3 bedroom 2.5 bath two story home situated on a corner lot in the popular College Heights Estates neighborhood in Holt. Spacious living room with gas fireplace; master bedroom with private master bath; first floor laundry; two car attached garage; slider in the dining room opens to the deck and pool which is a great spot to cool off during the summer! This property may qualify for Seller Financing (Vendee).

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 03/02/2020

RE/MAX Real Estate Professionals

Last Buyer's Agent

Elizabeth Beal

Five Star Real Estate - Lansing License #6501418369

Five Star Real Estate - Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.35 Acre Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Property has a Home Owners Association
  • College Heights Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2019
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1999
  • Fireplaces: 1
  • Lot Size Acres: 0.35
  • Lot Size: .35 acres
  • Subdivision Name: College Heights
  • Above Grade Finished Sq Ft: 1800.0
  • Living Area: 1800.0
  • General Property Info:Lot Size Dimensions: .35 acres
  • General Property Info:Above Grade Finished Area: 1800.0
  • General Property Info:Total Livable Area: 1800.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2696.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: East
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Primary Bathroom
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: East
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool3: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6009.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 18, 2020
Sold by
Secretary Of Veterans Affairs
Bought by
Square Jacob and Square Miranda
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Elizabeth Beal
Five Star Real Estate - Lansing
List Price
$221,500
Sold Price
$215,000
Premium/Discount to List
-$6,500
-2.93%
Current Estimated Value
$325,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,502
Avg. Annual Appreciation
7.41%
Original Mortgage
$204,250
Outstanding Balance
$180,994
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$144,508

Purchase Details

Closed on
Jan 28, 2020
Sold by
Amerifirst Financial Corporation
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Dec 5, 2019
Sold by
Bowerman Paul M and Howerman Amanda
Bought by
Amerifirst Financial Corporation

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 16, 2018
Sold by
Mathew Ii David L and Mathew Deanna M
Bought by
Bowerman Paul M and Bowerman Amanda
Seller's Agent
Angela Averill
Coldwell Banker Professionals-Delta
Buyer's Agent
Melanie McNamara
Oasis Realty
List Price
$249,900
Sold Price
$246,000
Premium/Discount to List
-$3,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$246,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
May 23, 2018
Closed on
May 23, 2018
Sold by
Westview Capital Llc
Bought by
Mathews David and Mathews Deanna
Seller's Agent
Angela Averill
Coldwell Banker Professionals-Delta
Buyer's Agent
Melanie McNamara
Oasis Realty
List Price
$249,900
Sold Price
$246,000
Premium/Discount to List
-$3,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2014
Sold by
Mathews Deanna M and Mathews David L
Bought by
Mathews Deanna M and Mathews Ii David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,989
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2003
Sold by
Yao Aizhen and Zhang Wei
Bought by
Ramon Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,900
Interest Rate
7.8%

Purchase Details

Closed on
Jan 5, 2000
Sold by
B J Investment Properties I Llc
Bought by
Zhang Wei and Yao Aizhen
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
Square Jacob $215,000 Transnation Title Agency
Secretary Of Veterans Affairs -- None Available
Amerifirst Financial Corporation $201,720 None Available
Bowerman Paul M $246,000 None Available
Mathews David -- --
Mathews Deanna M -- None Available
Ramon Deanna $202,900 Transnation
Zhang Wei $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Square Jacob $204,250
Previous Owner Bowerman Paul M $246,000
Previous Owner Mathews David $294,976
Previous Owner Mathews David --
Previous Owner Mathews Deanna M $167,989
Previous Owner Ramon Deanna $202,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2020 05/20/20 Sold $215,000 -2.9% $119 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $221,500 -10.0% $123 / Sq Ft
07/16/2018 07/16/18 Sold $246,000 -1.6% $104 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $249,900 -- $106 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $9,031 $156,800 $30,500 $126,300
2024 $17 $148,200 $27,200 $121,000
2023 $8,462 $133,100 $24,800 $108,300
2022 $8,094 $120,700 $21,700 $99,000
2021 $7,901 $113,600 $15,100 $98,500
2020 $7,465 $107,700 $15,100 $92,600
2019 $4,711 $102,900 $15,100 $87,800
2018 $4,477 $91,800 $15,100 $76,700
2017 $4,120 $91,800 $15,100 $76,700
2016 $4,166 $89,700 $15,100 $74,600
2015 $4,109 $82,100 $29,871 $52,229
2014 $4,109 $81,200 $36,000 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 244550

Greater Lansing Association of Realtors®

APN: 25-05-12-477-005

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