NOT LISTED FOR SALE

375 Center St Algonac, MI 48001

Estimated Value: $30,000 - $197,000

0.26 Acre
$345,077 Price per Acre
11,326 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $5,000

Est. 1,694% increase in value since last sale

Current estimated payment $531/month

49 Days on Market

About This Lot

As of March 2016

NICE SIZE VACANT LOT.
DISCLOSURE EXEMPT. RECH REALTY TO HOLD DEPOSIT. EMD MUST BE CERTIFIED FUNDS OR CASHIER CHECK. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 02/04/2016. NO INVESTOR OFFERS UNTIL 02/05/2016.

Last Agent to Sell the Property

Melissa Gilmore

Mabarak Realty, Inc License #6502352089 Listed on: 01/15/2016

Last Buyer's Agent

Melissa Gilmore

Mabarak Realty, Inc License #RCO-6502352089

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 46x354x44x16x390
  • Irregular Lot

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 74011450035000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 10500.0000
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 46
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Algonac

Lot Info

  • List Price per Acre: 38076.9231
  • Lot Features: Irregular
  • Lot Size Area: 0.26
  • Lot Dimensions: 46X354X44X16X390
  • Parcel Number: 74011450035000
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 437.0000
  • Tax Amount Winter: 21.7700
  • Total Tax: 458.7700

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Mar 23, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gillis Rocky
Seller's Agent
Melissa Gilmore
Mabarak Realty, Inc
Buyer's Agent
Melissa Gilmore
Mabarak Realty, Inc
List Price
$15,900
Sold Price
$5,000
Premium/Discount to List
-$10,900
-68.55%
Current Estimated Value
$89,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,720
Avg. Annual Appreciation
35.96%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Lazarz Edna S
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Oct 26, 2007
Sold by
Willis H Wisdom & Margaretti M Wisdom Re
Bought by
Lazars Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.38%
Mortgage Type
New Conventional
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
Gillis Rocky $5,000 None Available
Federal Home Loan Mortgage Corporation $40,000 Attorney
Lazars Edna $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazars Edna $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $5,000 -68.6% --
03/04/2016 03/04/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $15,900 -- --
Source: Realcomp

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 $517 $27,300 $0 $0
2024 $517 $24,000 $0 $0
2023 $484 $19,500 $0 $0
2022 $515 $17,000 $0 $0
2021 $492 $16,500 $0 $0
2020 $492 $16,500 $10,000 $6,500
2019 $485 $12,500 $0 $0
2018 $538 $13,500 $0 $0
2017 $506 $12,800 $0 $0
2016 $290 $12,800 $0 $0
2015 -- $10,500 $10,000 $0
2014 -- $11,400 $10,000 $1,400
2013 -- $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216004808

Realcomp

APN: 01-145-0035-000