NOT LISTED FOR SALE

3966 S Van Buren Rd Reese, MI 48757

Estimated Value: $218,488

3 Beds
1 Bath
16,000 Sq Ft
$14/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $225,000 $14 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,614/month

538 Days on Market

Highlights

  • Barn
  • Ground Level Unit
  • Covered Patio or Porch
  • List Elementary Rated A-
  • No HOA
  • 2 Car Detached Garage

About This Home

As of July 2024

The Barndominium project of your dreams in Frankenmuth schools, with impressive equity turn around potential.
BARN info- 9000 sqft New metal roof 100x36 with 2 lofts and 3 extremely quality finished areas. Grand Tamarc wood room, Master suite and living room. The center of the barn still needs to be finished and plans are available
STUIDO- 7000 sqft Currently used as a business/showroom. 2400 sqft basement. This building has heated floors, forced air, central air, wood burner, inside and outside basement tiling, 2 bathrooms, stained glass windows
FARMHOUSE- new roof 2016- 3 bedroom 1 bathroom. This home was once a very quality home in its day. Could be turned into a nice rental.

This property has a central boiler classic CL6048. The property has 400 amp service. A small portion of the property is tilled by the farmer. There are also multiple septic fields, wells, water heaters. The property has multiple zoning variations available. This is a investment opportunity at the listing price. The quality of construction put in is way above average You could never get Frankenmuth school district and sqft for this price without work. The resale finished would be a impressive equity turnaround. New septic May 2023

Seller will not change the agricultural zoning to accommodate any lending or buyer request. The buyer must do zoning changes after closing. There with be modifications needed depending on what zoning you choose. Residential SF, Mulit unit, Commercial ect

Last Agent to Sell the Property

Kim Altenritter

RE/MAX Select License #6501309615 Listed on: 11/30/2022

RE/MAX Select

Last Buyer's Agent

Kim Altenritter

RE/MAX Select License #6501309615 Listed on: 11/30/2022

RE/MAX Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 450x289

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 16,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Wood
  • Liquid Propane Gas Water Heater

Additional Features

  • Ground Level Unit
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 006031000275000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,171

Year Built

Built in 1900 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Assessment: 201.00
  • Year Built: 1900
  • State Equalized Value: 135200.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 16000
  • Total Sq Ft: 16000
  • Sq Ft Total Bsmt: 2400

Exterior Features

  • Roof Material: Metal
  • Foundation Details: Basement
  • Construction Materials: Metal Siding, Wood
  • Foundation Materials: Wood
  • Frontage Feet: 450
  • Porch Type: Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Wood
  • Cooling: Central Air
  • Heating: Steam
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Frankenmuth

Lot Info

  • Lot Size Area: 3.00
  • Lot Dimensions: 450x289
  • Parcel Number: 006031000275000

Tax Info

  • Tax Amount Summer: 1103.0000
  • Tax Amount Winter: 4068.0000
  • Total Tax: 5171.0000
  • Taxable Value: 110171.0000

MLS Schools

  • School District: Frankenmuth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jul 25, 2024
Sold by
Nancarrow Robert B
Bought by
Badour Timothy and Badour Natalie
Seller's Agent
Kim Altenritter
RE/MAX Select
Buyer's Agent
Kim Altenritter
RE/MAX Select
List Price
$325,000
Sold Price
$225,000
Premium/Discount to List
-$100,000
-30.77%
Views
1544
Current Estimated Value
$218,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,512
Avg. Annual Appreciation
-2.50%

Purchase Details

Closed on
Jan 3, 2023
Sold by
Nancarrow Vivian L
Bought by
Nancarrow Robert B

Purchase Details

Closed on
Mar 6, 2018
Sold by
Nancarrow Robert B
Bought by
Nancarrow Robert B and Nancarrow Vivian L
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
Badour Timothy $225,000 Liberty Title
Badour Timothy $225,000 Liberty Title
Nancarrow Robert B -- --
Nancarrow Robert B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $225,000 -10.0% $14 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $250,000 -10.4% $16 / Sq Ft
03/22/2024 03/22/24 Price Changed $279,000 -4.5% $17 / Sq Ft
10/19/2023 10/19/23 Price Changed $292,000 -4.3% $18 / Sq Ft
07/24/2023 07/24/23 Price Changed $305,000 -6.2% $19 / Sq Ft
11/30/2022 11/30/22 For Sale $325,000 -- $20 / Sq Ft
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 $5,534 $128,200 $0 $0
2024 $5,534 $135,900 $0 $0
2023 $5,552 $137,600 $0 $0
2022 $5,312 $135,200 $0 $0
2021 $5,136 $129,900 $0 $0
2020 $5,119 $123,900 $0 $0
2019 $4,944 $124,500 $0 $0
2018 $4,648 $100,800 $0 $0
2017 $5,469 $118,400 $0 $0
2016 $5,415 $118,500 $0 $0
2015 $9 $127,900 $0 $0
2014 $9 $131,400 $0 $0
2013 $8 $145,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221063473

Realcomp

APN: 006-031-000-2750-00