NOT LISTED FOR SALE

3815 Chapel Rd Spring Arbor, MI 49283

Estimated Value: $161,495 - $274,000

2 Beds
1 Bath
1,320 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $35,777 $27 Per Sq Ft

Est. 488% increase in value since last sale

Current estimated payment $1,374/month

10 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of November 2016

2 bedrooms, 1 bath home for sale in Jackson, MI.

Last Agent to Sell the Property

Ben Latocki

Production Realty Listed on: 09/06/2016

Last Buyer's Agent

John Rockey

EXIT REALTY 1ST LLC License #6501316560

EXIT REALTY 1ST LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 88x265

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 20.45
  • General Property Info:Lot Dimensions: 88x265
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1320.0
  • Tax Info:Annual Property Tax: 1614.36
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Location Property Info:Subdivision2: N/A
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1320.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1320.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 880.0

Exterior Features

  • List Price: 27000.0
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Dimensions: 88x265
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1614.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Peterson Norman Hugh and Peterson Bethany Joy
Bought by
Spring Arbor University
Current Estimated Value
$210,374

Purchase Details

Listed on
Sep 6, 2016
Closed on
Nov 14, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Peterson Norman Hugh and Peterson Bethany Joy
Seller's Agent
Ben Latocki
Production Realty
Buyer's Agent
John Rockey
EXIT REALTY 1ST LLC
Sold Price
$35,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.52%
Original Mortgage
$35,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 2016
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 7, 2015
Sold by
Lewis Corey D and Lewis Kristen L
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spring Arbor University $148,000 None Available
Peterson Norman Hugh $35,777 Midstate Title Agency Southe
The Secretary Of Housing & Urban Develop -- Attorney
Bank Of America Na $118,102 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Norman Hugh $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $35,777 -- $27 / Sq Ft
Source: MichRIC

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 $3,215 $74,000 $0 $0
2024 $2,303 $71,800 $0 $0
2023 $2,255 $64,300 $0 $0
2022 $2,920 $65,400 $0 $0
2021 $2,855 $56,420 $0 $0
2020 $2,819 $48,860 $0 $0
2019 $1,234 $33,040 $0 $0
2018 $1,230 $31,790 $5,430 $26,360
2017 $1,109 $29,000 $0 $0
2016 $1,314 $34,430 $34,430 $0
2015 $30,662 $33,670 $33,670 $0
2014 $30,662 $31,670 $0 $0
2013 -- $31,670 $31,670 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Latocki

    Seller's Agent in 2016

    Ben Latocki

    Production Realty

    (517) 812-0009

    23 Total Sales

    Ben Latocki
    Section Image

  • J

    Buyer's Agent in 2016

    John Rockey

    EXIT REALTY 1ST LLC

    Section Image
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Map

Source: MichRIC

MLS Number: 21074589

MichRIC

APN: 000-12-16-351-013-00

Michigan Jackson County Spring Arbor 49283

3815 Chapel Rd, Spring Arbor, MI

Not Listed for Sale

Detached

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