NOT LISTED FOR SALE

401 S Us Highway 131 Three Rivers, MI 49093

Estimated Value: $530,008

1.17 Acres
$452,998 Price per Acre
50,965 Sq Ft Lot

Last Sold June 05, 2019

Last sale price $350,000

Est. 51% increase in value since last sale

Current estimated payment $3,483/month

1,098 Days on Market

About This Lot

As of June 2019

Offered for sale is vacant commercial land on US 131 in Three Rivers, MI. This land is centrally located around Walmart, Meijer, Home Depot, and Menards among many other major retailers.

Please view flyer under documents for full information.

Last Listed By

Rick DeKam

Midwest Realty Group License #6502124513 Listed on: 04/26/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,384

Lot Details

  • 1.17 Acre Lot
  • Property is zoned B-2, B-2

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$20,384

Lot Details

0

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 385000.0
  • Lot Features: Buildable
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Sq Ft: 50965.0
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Consumers Credit Union
Bought by
Three Rivers Acquisitions I Llc
Total Days on Market
1098
Current Estimated Value
$530,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$313,453
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$222,413

Purchase Details

Closed on
Mar 13, 2006
Sold by
Estate Of Thora B Hoshel
Bought by
Consumers Cu

Range of Values:

Collateral Analytics

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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
Three Rivers Acquisitions I Llc -- Sun Title Agency Of Mi Llc
Consumers Cu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Three Rivers Acquisitions I Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $350,000 -11.4% --
04/29/2019 04/29/19 Pending -- -- --
04/26/2016 04/26/16 For Sale $395,000 -- --
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
2024 $20,384 $522,400 $231,000 $291,400
2023 $19,483 $499,000 $210,000 $289,000
2022 $18,571 $501,500 $210,000 $291,500
2021 $29,332 $493,400 $210,000 $283,400
2020 $11,131 $174,600 $174,600 $0
2019 $7,864 $174,600 $174,600 $0
2018 $7,528 $164,200 $164,200 $0
2017 $7,403 $168,900 $168,900 $0
2016 -- $140,800 $140,800 $0
2015 -- $140,800 $140,800 $0
2014 -- $131,400 $131,400 $0
2012 -- $110,300 $110,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick DeKam

    Seller's Agent in 2019

    Rick DeKam

    Midwest Realty Group

    (269) 321-5000

    1 Total Sale

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16018836

Southwestern Michigan Association of REALTORS®

APN: 051-530-020-50

Michigan St. Joseph County Three Rivers 49093

401 S Us Highway 131, Three Rivers, MI

Homes for Sale in Three Rivers, MI

This home is located at 401 S Us Highway 131, Three Rivers, MI 49093 since 26 April 2016 and is currently estimated at $530,008. 401 S Us Highway 131 is a home located in St. Joseph County with nearby schools including Immaculate Conception School and Heartwood Renaissance Academy.

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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