NOT LISTED FOR SALE

3812 Stub Rd Reading, MI 49274

Estimated Value: $213,000 - $700,677

4 Beds
3.5 Baths
2,288 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $157,000 $69 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $3,253/month

13 Days on Market

Highlights

  • Private Waterfront
  • 22 Acre Lot
  • Attached Garage
  • Public Water Access
  • Pole Barn
  • Living Room

About This Home

As of August 2012

Lakefront on Bear Lake on over 22 acres w/ great views of woods & water. Home needs substantial interior work & finishing, roof shingles are bad. 2 large deck areas and w/o basement partially finished. 2 car att. garage plus a 30x45 pole barn garage. Deck/dock down at the water. Nice rolling property to the lake, shared easement driveway to property. This property is being sold AS-IS/WHERE-IS and the seller will not make nor pay for any inspections or repairs of any kind. All property information is to be considered approximate and not warranted. Freddie Mac First Look through 6/21/12 for owner occupied purchases. Investor offers from 6/22/12 forward. EMD to be made payable to Warranty Title Agency in the form of a cashiers check. Possession prior to closing is strictly prohibited a

Last Agent to Sell the Property

John Blashfield

Diehl Realty, Inc. Listed on: 06/07/2012

Co-Listed By

Pam Ashman

Diehl Realty, Inc. License #6502136631

Last Buyer's Agent

Marilyn Ostrander

Southern Marsh Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1993

Lot Details

  • 22 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • Living Room
  • Dining Area
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Public Water Access
  • Pole Barn

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,439

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk Out
  • LivingArea: 2288.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 167000.0
  • Other Structures: Pole Barn
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Bear Lake
  • Waterfront Features: Private Frontage, Public Access 1 Mile or Less
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 22.0
  • Lot Size Area: 22.0
  • Lot Size Sq Ft: 958320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2007
Sold by
Holmes Richard M and Holmes Mary Christine
Bought by
Reisser Alan and Reisser Elizabeth
Current Estimated Value
$528,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Frobel David C and Frobel Janet A
Bought by
Reisser Alan and Reisser Elizabeth

Purchase Details

Closed on
Oct 12, 1990
Sold by
Rucki Timothy A and Rucki Norma J
Bought by
Holmes Richard M and Holmes Mary C
Source: Public Records

Range of Values:

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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
Reisser Alan -- The Talon Group
Reisser Alan $30,000 None Available
Holmes Richard M $66,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reisser Alan $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $157,000 -6.0% $69 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $167,000 -- $73 / 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 $5,439 $361,500 $0 $0
2024 $2,377 $329,200 $0 $0
2023 $2,265 $301,300 $0 $0
2022 $4,959 $266,000 $0 $0
2021 $4,822 $230,500 $0 $0
2020 $4,889 $230,700 $0 $0
2019 $4,552 $229,500 $0 $0
2018 $4,413 $229,400 $0 $0
2017 $4,185 $229,200 $0 $0
2016 $4,149 $224,650 $0 $0
2015 $1,926 $224,650 $0 $0
2013 $1,866 $170,350 $0 $0
2012 $1,663 $169,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Blashfield

    Diehl Realty, Inc.

  • P

    Seller Co-Listing Agent in 2012

    Pam Ashman

    Diehl Realty, Inc.

  • Marilyn Ostrander

    Buyer's Agent in 2012

    Marilyn Ostrander

    Southern Marsh Realty

    (517) 639-2334

    103 Total Sales

    Marilyn Ostrander
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12031925

Southwestern Michigan Association of REALTORS®

APN: 11-017-100-013-17-7-3

Michigan Hillsdale County Reading 49242

3812 Stub Rd, Reading, MI

This home is located at 3812 Stub Rd, Reading, MI 49274 since 07 June 2012 and is currently estimated at $528,169, approximately $230 per square foot. This property was built in 1993. 3812 Stub Rd is a home located in Hillsdale County with nearby schools including Reynolds Elementary School and Reading High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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