NOT LISTED FOR SALE

402 Buchanan Dr Midland, MI 48642

Estimated Value: $215,000 - $247,000

3 Beds
2 Baths
1,858 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $119,000 $64 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,463/month

Highlights

  • Deck
  • Ranch Style House
  • Fireplace
  • Adams Elementary School Rated A-
  • 2 Car Detached Garage
  • Shed

About This Home

As of September 2020

Home on Buchanan! This 3 bed 2.5 bath brick ranch with 1258 Sq Ft of living space located in the quiet neighborhood of Jefferson Acres Sub. Features a partially finished basement with an egress window for potential 4th bedroom. Two stall detached garage, fenced back yard, and mature landscaping. Perfect for first time home buyer or if you're looking to down size.

Last Agent to Sell the Property

Peter Buist

Modern Realty License #MBR-6501415746 Listed on: 07/18/2020

Modern Realty

Last Buyer's Agent

Peter Buist

Modern Realty License #MBR-6501415746 Listed on: 07/18/2020

Modern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 93x129

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14-03-50-216

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 3135.27
  • Total Tax Year: 2019
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 2: On Main Floor, Dimensions: 10 x 11
  • Bedroom 3: On Main Floor, Dimensions: 10 x 14
  • Bathrooms Description: Basement Full Bath, Shared
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 10 x 11
  • Living Room: On Main Floor, Dimensions: 18 x 12
  • Below Grade Sq Ft: 1258
  • Finished Below Grade Sq Ft: 600
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1258
  • Total Finished Sq Ft: 1858

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 93
  • Road: City/County, Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 14-03-50-216
  • Zoning: Residential
  • Location: Subdivision
  • Lot Dimensions: 93x129
  • Acreage: 0.28
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,159.42
  • Winter Tax: Year: 2019, Amount: $975.85
  • Taxable Value: 54618
  • Total Tax: Year: 2019, Amount: $3,135.27
  • SEV Year: 2020

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 16, 2020
Sold by
Osburn Alan and Osburn Samantha
Bought by
Osburn Revocable Trust
Seller's Agent
Peter Buist
Modern Realty
Buyer's Agent
Peter Buist
Modern Realty
List Price
$118,000
Sold Price
$119,000
Premium/Discount to List
$1,000
0.85%
Current Estimated Value
$229,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,325
Avg. Annual Appreciation
13.67%
Original Mortgage
$5,500
Outstanding Balance
$4,878
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$224,447

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 14, 2020
Sold by
Kennett Ilisa Pesi Maafu and Kennett Ilisapesi Maafu
Bought by
Osburn Alan and Osburn Samantha
Seller's Agent
Peter Buist
Modern Realty
Buyer's Agent
Peter Buist
Modern Realty
List Price
$118,000
Sold Price
$119,000
Premium/Discount to List
$1,000
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500
Outstanding Balance
$4,878
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$224,447

Purchase Details

Closed on
Oct 19, 2015
Sold by
Kennett Wilbur W
Bought by
Kennett Ilisa Pesi Ma Afu
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
Osburn Revocable Trust -- None Available
Osburn Revocable Trust -- None Listed On Document
Osburn Alan $119,000 None Available
Osburn Alan $119,000 None Listed On Document
Kennett Ilisa Pesi Ma Afu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osburn Alan $5,500
Closed Osburn Alan $5,500
Open Osburn Alan $116,844
Closed Osburn Alan $116,844
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $119,000 +0.8% $64 / Sq Ft
07/18/2020 07/18/20 For Sale $118,000 -- $64 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
Source: Midland Board 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 $3,137 $103,200 $0 $0
2024 $2,439 $94,400 $0 $0
2023 $2,325 $86,200 $0 $0
2022 $2,854 $71,300 $0 $0
2021 $2,751 $67,700 $0 $0
2020 $2,725 $62,200 $0 $0
2019 $3,098 $53,600 $15,000 $38,600
2018 $3,059 $66,700 $15,000 $51,700
2017 $0 $54,100 $15,000 $39,100
2016 $2,947 $52,900 $13,800 $39,100
2012 -- $58,100 $13,800 $44,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50018086

Midland Board of REALTORS®

APN: 14-03-50-216