NOT LISTED FOR SALE

386 Riverbend Dr Milan, MI 48160

Estimated Value: $153,000 - $217,000

2 Beds
1 Bath
1,500 Sq Ft
$256/mo HOA Fee

Last Sold September 06, 2012

Last sale price $34,000 $23 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $1,499/month

213 Days on Market

Highlights

  • Outdoor Pool
  • Patio
  • Ceiling Fan
  • Clubhouse
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of September 2012

3 BEDROOM 1.5 BATH CONDO HOME WITH FRESH PAINT, FULL BASEMENT, NICE LOFT THAT COULD BE USED FOR OFFICE, DEN RO PAY AREA. FENCED REAR PATIO, COMMON POOL AND CLUBHOUSE. TONS OF PARKING. THIS IS A SHORT SALE PROPERTY AND IS SUBJECT TO THIRD PARTY APPROVAL.

Last Agent to Sell the Property

Viviana Mejia

Elias Realty License #MISPE-6502364566 Listed on: 01/27/2012

Elias Realty

Last Buyer's Agent

Daryl Wizinsky

Elias Realty License #MISPE-6501368409

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1971

Lot Details

  • 7.62

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 585306505300

Community Details

Overview

  • Maintained Community

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,076

Year Built

Built in 1971

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Condominium
  • Structure Style: 2 Story
  • Year Built: 1971
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 9 x 11
  • Bathrooms Description: First Flr Lavatory, Second Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 11 x 10
  • Living Room: On Entry Level, Dimensions: 11 x 23
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1500
  • Total Finished Sq Ft: 1500

Exterior Features

  • Pool: Yes
  • Exterior: Brick, Wood
  • Exterior Features: Patio, Sidewalks, Swimming Pool
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 256
  • HOA Fee Frequency: Monthly
  • Community Features: Club House, Grounds Maintenance
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 585306505300
  • Lot Description: Wooded
  • Lot Dimensions: CONDO
  • Map Side Numeric: 01
  • Map Top Alpha: E
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,260.00
  • Winter Tax: Amount: $202.00

MLS Schools

  • School District: Milan Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Tokarski Michael J
Bought by
Royce Thomas
Current Estimated Value
$181,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,860
Outstanding Balance
$126,901
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$54,564

Purchase Details

Listed on
Jan 27, 2012
Closed on
Sep 18, 2012
Sold by
Shock Bethany M and Shock Larry D
Bought by
Tokarski Michael J
Seller's Agent
Viviana Mejia
Elias Realty
Buyer's Agent
Daryl Wizinsky
Elias Realty
List Price
$108,000
Sold Price
$34,000
Premium/Discount to List
-$74,000
-68.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Feb 24, 2000
Sold by
Layfield Laura
Bought by
Edwards Darron and Parada Linette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,175
Interest Rate
8.31%
Mortgage Type
New Conventional
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
Royce Thomas $136,000 None Available
Tokarski Michael J $34,000 --
Edwards Darron $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royce Thomas $139,860
Previous Owner Edwards Darron $75,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $34,000 -68.5% $23 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $108,000 -- $72 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,076 $72,000 $72,000 $0
2024 $2,657 $68,400 $0 $0
2023 $2,540 $55,700 $0 $0
2022 $2,802 $55,700 $0 $0
2021 $867 $49,200 $0 $0
2020 $1,172 $38,300 $0 $0
2019 $1,148 $38,300 $0 $0
2018 $1,158 $20,300 $0 $0
2017 $1,136 $20,300 $0 $0
2016 $1,122 $16,200 $0 $0
2015 $1,066 $16,900 $0 $0
2014 $1,066 $16,900 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31088627

Michigan Multiple Listing Service

APN: 53-065-036-00