$15,000
SOLD JUL 3, 2012

407 W Exchange St Gobles, MI 49055

4 Beds
2 Baths
1,746 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$9 Per Sq Ft

56% Below List Price

144 Days on Market

About This Home

As of December 2016

Price Reduced! HUD Home! If you are looking for a project home in Gobles, be sure to check out this home. It does need the contractor touch, but could be worth it! Check it out today! To learn more about HUD homes, please google aresmi.com and then click on the how to tab. Watch the video and then call for your showing!For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair'' MLS addendum.

Last Agent to Sell the Property

Gail Mitchell

Advanced Real Estate Services Listed on: 01/15/2012

Co-Listed By

Sharon McFellin

Advanced Real Estate Services License #6501280005

Last Buyer's Agent

Susan Maurer

RE/MAX Executive License #6502138720

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1917

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,746 Sq Ft Home
  • Michigan Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 10,019 Sq Ft Lot
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1917
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1746.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 17680.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Dec 23, 2016
Sold by
Torres Carlos A and Torres Lourin
Bought by
Brown Joseph A
Seller's Agent
Jim Baxter
Preferred Real Estate Professionals
Buyer's Agent
James Maceroni
Keller Williams Kalamazoo Market Center
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Total Days on Market
144
Current Estimated Value
$196,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,005
Avg. Annual Appreciation
8.40%
Original Mortgage
$95,243
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 14, 2013
Closed on
May 15, 2013
Sold by
Adams Joseph and Adams Amy
Bought by
Torres Carlos A and Torres Lourin
Seller's Agent
Susan Maurer
Maurer Real Estate LLC
Buyer's Agent
Jim Baxter
Preferred Real Estate Professionals
List Price
$89,900
Sold Price
$74,000
Premium/Discount to List
-$15,900
-17.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$72,649
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2010
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 23, 2010
Sold by
Medendorp Luke
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Medendorp Luke and Medendorp Mendie
Bought by
Medendorp Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,892
Interest Rate
6.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 19, 2002
Sold by
Becker Joseph R and Becker Patricia
Bought by
Medendorp Luke

Purchase Details

Closed on
Sep 25, 1996
Sold by
Clawson Jeffrey and Clawson Beth
Bought by
Becker Patricia
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 Type Sale Price Title Company
Warranty Deed $97,000 Attorney
Warranty Deed $74,000 Chicago Title
Warranty Deed -- None Available
Sheriffs Deed $99,720 None Available
Interfamily Deed Transfer -- Nations Title
Deed $68,000 --
Deed $31,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $87,500 New Conventional
Closed $95,243 FHA
Previous Owner $72,649 FHA
Previous Owner $91,878 FHA
Previous Owner $90,892 Stand Alone Refi Refinance Of Original Loan
Previous Owner $85,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $97,000 -11.8% $56 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $110,000 +48.6% $63 / Sq Ft
05/15/2013 05/15/13 Sold $74,000 -17.7% $42 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $89,900 +499.3% $51 / Sq Ft
07/03/2012 07/03/12 Sold $15,000 -55.9% $9 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
01/15/2012 01/15/12 For Sale $34,000 -- $19 / Sq Ft
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 $1,057 $60,800 $0 $0
2023 $1,057 $45,800 $0 $0
2022 $1,856 $43,600 $0 $0
2021 $1,811 $37,000 $3,000 $34,000
2020 $1,798 $37,000 $3,000 $34,000
2019 $1,742 $35,200 $35,200 $0
2018 $1,648 $41,000 $41,000 $0
2017 $1,603 $29,900 $0 $0
2016 $1,258 $27,900 $0 $0
2015 $755 $27,900 $0 $0
2014 $741 $25,600 $0 $0
2013 -- $23,900 $23,900 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Baxter

    Preferred Real Estate Professionals

    (269) 415-0415

    Jim Baxter
    Section Image

  • J

    Buyer's Agent in 2016

    James Maceroni

    Keller Williams Kalamazoo Market Center

    (269) 324-3600

    11 Total Sales

    James Maceroni
    Section Image

  • S

    Seller's Agent in 2013

    Susan Maurer

    Maurer Real Estate LLC

  • G

    Seller's Agent in 2012

    Gail Mitchell

    Advanced Real Estate Services

  • S

    Seller Co-Listing Agent in 2012

    Sharon McFellin

    Advanced Real Estate Services

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12003232

Southwestern Michigan Association of REALTORS®

APN: 80-51-410-007-00

Michigan Van Buren County Gobles 49055

407 W Exchange St, Gobles, MI

This home is located at 407 W Exchange St, Gobles, MI 49055 and is currently priced at $15,000, approximately $8 per square foot. This property was built in 1917. 407 W Exchange St is a home located in Van Buren County with nearby schools including Gobles Elementary School, Gobles High School, and Michigan Online School.

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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