$200,000
SOLD JAN 21, 2025
5 Beds
2 Baths
2,352 Sq Ft
0.64 Acres

Recently Sold

$85 Per Sq Ft

11% Below List Price

54 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Property is near shops
  • Waterford High School Rated A-
  • Attic
  • Wood Siding

About This Home

As of January 2025

Investors take notice! Lots of potential in this 5 bedroom, 2 bath home, that needs nearly a complete gut renovation! Rehabbers and flippers welcome! This house was torn apart and never put back together, bring your designer with you because you'll be moving walls! Beautiful neighborhood and this house comes with beach rights! Nice lot, nice yard, parking, and it needs an experienced flipper to get the most value out of it! Property being sold as, where is. Located just minutes from Waterford's stunning beaches and recreation facilities, this property is brimming with potential. Bring your vision and make this house shine!

Last Agent to Sell the Property

Ida Chaplinski

The DIY Listing License #REB.0794566 Listed on: 11/23/2024

Last Buyer's Agent

Mario Stephens

RE/MAX Legends License #RES.0772837

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1953

Lot Details

  • 0.64 Acre Lot
  • Property is zoned R-20

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • Open Floorplan
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Dirt Driveway

Location

  • Property is near shops

Schools

  • Waterford High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1586497

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,764

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2352
  • Total Sq Ft: 2352
  • Year Built: 1953
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Medical Facilities, Park, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2352
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: Partial, Unfinished
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: None
  • Attic: Yes
  • Street Number Modifier: 37

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Dirt
  • Total Parking Spaces: 4
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Waterford

Lot Info

  • Acres: 0.64
  • Lot Description: Corner Lot Level Lot
  • Zoning: R-20
  • Parcel #: 1586497

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4764
  • Total Assessed Value: 213640
  • Mil Rate Total: 22.3

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Jan 21, 2025
Sold by
37 Llyod Llc
Bought by
Chark Llc
Seller's Agent
Ida Chaplinski
The DIY Listing
Buyer's Agent
Mario Stephens
RE/MAX Legends
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Total Days on Market
54
Views
160
Current Estimated Value
$225,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,392
Avg. Annual Appreciation
10.99%
Original Mortgage
$298,000
Outstanding Balance
$296,664
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
-$85,517

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 7, 2024
Sold by
Panko George
Bought by
37 Llyod Llc
Seller's Agent
Ida Chaplinski
The DIY Listing
Buyer's Agent
Ida Chaplinski
The DIY Listing
List Price
$200,000
Sold Price
$115,000
Premium/Discount to List
-$85,000
-42.5%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
574.11%
Original Mortgage
$110,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1993
Sold by
Commercial Credit Corp
Bought by
Panko George
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 None Available
Warranty Deed $205,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $110,000 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,000 Construction
Closed $298,000 Construction
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $63,000 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $200,000 -11.1% $85 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
11/23/2024 11/23/24 For Sale $225,000 +95.7% $96 / Sq Ft
10/08/2024 10/08/24 Sold $115,000 -42.5% $49 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $200,000 -- $85 / Sq Ft
Source: SmartMLS

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 $4,991 $213,640 $85,830 $127,810
2024 $4,764 $213,640 $85,830 $127,810
2023 $4,529 $213,640 $85,830 $127,810
2022 $4,606 $167,110 $68,560 $98,550
2021 $4,619 $167,110 $68,560 $98,550
2020 $4,657 $167,110 $68,560 $98,550
2019 $4,676 $167,110 $68,560 $98,550
2018 $4,582 $167,110 $68,560 $98,550
2017 $4,526 $167,430 $74,790 $92,640
2016 $4,597 $171,640 $74,790 $96,850
2015 $4,433 $171,640 $74,790 $96,850
2014 $4,433 $171,640 $74,790 $96,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24061600

SmartMLS

APN: WATE-000168-000000-004068