NOT LISTED FOR SALE

405 W Patterson St Tecumseh, MI 49286

Estimated Value: $228,000 - $240,000

4 Beds
2 Baths
1,902 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $143,000 $75 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,459/month

33 Days on Market

Highlights

  • Greenhouse
  • Main Floor Bedroom
  • Sun or Florida Room
  • Wood Flooring
  • Victorian Architecture
  • Balcony

About This Home

As of October 2018

This house has many places to enjoy all year long! Two patios for summer grilling, an outdoor fireplace for chilly fall evenings, 3 enclosed porches for sipping hot cocoa and curling up with a book, a balcony for star gazing and a garden room for starting vegetables in the spring. Set in a desirable location; close to school, downtown and right across the street is a large park. This historic house boasts a first floor master with French doors, a formal dining room, 9 foot ceilings, original wood floors, large closets, and a full bathroom. The kitchen porch/ breakfast nook could be turned into a pantry or laundry room. Upstairs are 3 bedrooms, a full bathroom and a large family room. The home has been completely redone in 2018 with new roof, new water heater, new plumbing, new carpet, several new windows and light fixtures, new paint inside and out, and new kitchen and bath remodeling. The large backyard has mature trees and a 2 car garage with bonus 16 x 24 workshop.

Last Agent to Sell the Property

Kallie Decker

Foundation Realty, LLC License #LCAR-6501408720 Listed on: 09/19/2018

Last Buyer's Agent

Jan Hammond

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502136069

Howard Hanna Real Estate Services-Tecumseh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 92x197

Parking

  • 2 Car Garage

Home Design

  • Victorian Architecture
  • Cedar

Interior Spaces

  • 1,902 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Greenhouse
  • Built-In Barbecue
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number XT0-305-8030-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,529

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Victorian
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Hardwood Floors
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 16
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: Family Room, First Floor Bedroom, Living Room, Sun/Florida Room
  • Dining Room: Dimensions: 12 x 13
  • Kitchen: On 1st Floor, Dimensions: 12 x 13
  • Living Room: On 1st Floor, Dimensions: 16 x 14
  • Below Grade Sq Ft: 667
  • Above Grade Finished Sq Ft: 1902
  • Total Finished Sq Ft: 1902

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Exterior Balcony, BBQ/Grill Built-in, Patio, Porch
  • Foundation: Basement
  • Frontage: 92197
  • Road: Paved Street
  • Out Buildings: Greenhouse

Garage/Parking

  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: XT0-305-8030-00
  • Zoning: Residential
  • Lot Dimensions: 92x197
  • Acreage: 0.42
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,129.99
  • Winter Tax: Year: 2017, Amount: $329.27
  • Total Tax: Amount: $2,529.26
  • SEV Year: 2018

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 1, 2018
Sold by
Lochey John R and Lochey Dana E
Bought by
Scheytt Kelly K
Seller's Agent
Kallie Decker
Foundation Realty, LLC
Buyer's Agent
Jan Hammond
Howard Hanna Real Estate Services-Tecumseh
List Price
$159,000
Sold Price
$143,000
Premium/Discount to List
-$16,000
-10.06%
Total Days on Market
33
Current Estimated Value
$232,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,077
Avg. Annual Appreciation
7.66%

Purchase Details

Listed on
Jan 21, 2018
Closed on
Jun 12, 2018
Sold by
Austermiller Erich and Austermiller Karen
Bought by
Lochey John R and Lochey Dana E
Seller's Agent
Greg Brown
Foundation Realty, LLC-Tecumseh
Buyer's Agent
Kallie Decker
Foundation Realty, LLC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.22%
Original Mortgage
$72,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Scheytt Kelly K $143,000 --
Lochey John R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lochey John R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $143,000 -4.0% $75 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $149,000 -6.3% $78 / Sq Ft
09/19/2018 09/19/18 For Sale $159,000 +76.7% $84 / Sq Ft
06/12/2018 06/12/18 Sold $90,000 -18.2% $47 / Sq Ft
01/21/2018 01/21/18 For Sale $110,000 -- $58 / 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
2024 $2,731 $103,800 $0 $0
2023 $3,175 $97,900 $0 $0
2022 $3,054 $92,200 $0 $0
2021 $3,238 $87,000 $0 $0
2020 $3,209 $74,800 $0 $0
2019 $4,432 $70,300 $12,500 $57,800
2017 $2,942 $61,000 $12,500 $48,500
2016 $3,001 $57,200 $11,300 $45,900
2014 $3,408 $53,000 $11,800 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31360472

Michigan Multiple Listing Service

APN: XT0-305-8030-00