NOT LISTED FOR SALE

404 Elm St Marcellus, MI 49067

Estimated Value: $136,000 - $182,069

2 Beds
1 Bath
1,080 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $16,500 $15 Per Sq Ft

Est. 838% increase in value since last sale

Current estimated payment $944/month

63 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Shed
  • Traditional Architecture
  • Corner Lot: Yes
  • Forced Air Heating System

About This Home

As of January 2016

Price Reduced!!Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance, IE-FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. Misc.: Minimum Commission Applies: Listing Broker $1,250, Selling Broker up to $1,250.Cute 2 Bedroom 1 Bath home in Marcellus. Large Corner City lot. Hardwood Floors. Full Basement.

Last Agent to Sell the Property

Heather Lockwood

RE/MAX Elite Group T.R. License #6501369268 Listed on: 10/28/2015

Last Buyer's Agent

Heather Lockwood

RE/MAX Elite Group T.R. License #6501369268 Listed on: 10/28/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132x132
  • Corner Lot: Yes

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0.4 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 21.19
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1080.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 675.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1080.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1080.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 780.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 22880.0
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 132x132
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Alwine Laura M and Wetzel Laura M
Bought by
Wetzel Mark A and Wetzel Laura M
Current Estimated Value
$154,767

Purchase Details

Closed on
Jul 1, 2016
Sold by
New Day Homes Llc
Bought by
Alwine Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,208
Outstanding Balance
$40,958
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$113,809

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 29, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
New Day Homes Llc
Seller's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
Buyer's Agent
Heather Lockwood
RE/MAX Elite Group T.R.
List Price
$26,000
Sold Price
$16,500
Premium/Discount to List
-$9,500
-36.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%

Purchase Details

Closed on
Jun 23, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 3, 2014
Sold by
Bainbridge Renee and Bainbrige Jason T
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 29, 2005
Sold by
Miller Heather L and Miller Jeremy S
Bought by
Bainbridge Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,915
Interest Rate
9.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 4, 2004
Sold by
Lillie Albert V and Lillie Deana Mae
Bought by
Riggs Heather Lea B and Miller Jeremy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wetzel Mark A -- None Available
Alwine Laura M $49,800 Attorney
New Day Homes Llc $16,500 Devon Title Agency
The Secretary Of Housing & Urban Develop -- Attorney
Jpmorgan Chase Bank National Association $36,000 None Available
Bainbridge Renee $79,900 --
Riggs Heather Lea B $62,000 Cass County Title Office Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alwine Laura M $51,208
Previous Owner Bainbridge Renee $67,915
Previous Owner Riggs Heather Lea B $51,000
Closed Riggs Heather Lea B $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $16,500 -36.5% $15 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $26,000 -- $24 / Sq Ft
Source: MichRIC

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 $1,758 $90,300 $90,300 $0
2024 $1,352 $82,900 $82,900 $0
2023 $657 $49,700 $0 $0
2022 $631 $36,400 $0 $0
2021 $1,126 $30,500 $0 $0
2020 $266 $25,100 $0 $0
2019 $1,075 $24,300 $0 $0
2018 $270 $25,100 $0 $0
2017 $596 $24,600 $0 $0
2016 $545 $22,400 $0 $0
2015 -- $19,000 $0 $0
2011 -- $22,381 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 15056926

MichRIC

APN: 14-051-740-103-01

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