NOT LISTED FOR SALE

407 W Smith St Buchanan, MI 49107

Estimated Value: $140,000 - $209,000

3 Beds
1 Bath
1,300 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $48,500 $37 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $1,135/month

3 Days on Market

Highlights

  • Hilly Lot
  • Wooded Lot
  • 4 Car Detached Garage
  • Recreation Room
  • Den
  • 3-minute walk to McCoy Creek Recreation Area

About This Home

As of June 2016

BEAUTIFUL PARK SETTING IN YOUR BACK YARD AND A HUGE OUTBUILDING ON DOUBLE LOT ARE JUST A COUPLE HUGE PLUSES WITH THIS PROPERTY, FULL WALKOUT LOWER LEVEL , PROXIMITY TO HIGH SCHOOL MAKE THIS A BEST BUY.Property was built prior to 1978 and lead based paint may potentially exist.

Last Agent to Sell the Property

Thomas Tracey

RE/MAX Modern Realty, Inc. License #6501190463 Listed on: 05/07/2016

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 55.44
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: IRREG
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1300.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1982.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Lot Description:Rolling Hills: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • LivingArea: 1300.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 49900.0
  • Lot Features: Wooded, Rolling Hills
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Dimensions: IRREG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1982.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Reitz Alex
Bought by
Reitz Alex M and Reitz Sarah G
Current Estimated Value
$184,383

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 10, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Reitz Alex
Seller's Agent
Thomas Tracey
RE/MAX Modern Realty, Inc.
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$49,900
Sold Price
$48,500
Premium/Discount to List
-$1,400
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$47,200
Interest Rate
3.64%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Dec 9, 2015
Sold by
Fth Third Mortgage Company
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 3, 2015
Sold by
Fifth Third Mortgage Company
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 9, 2015
Sold by
Cabanaw Todd R and Cabanaw Lori Ann
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Aug 12, 1977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reitz Alex M -- None Listed On Document
Reitz Alex $48,500 Chicago Title
Secretary Of Veterans Affairs -- Attorney
Secretary Of Veterans Affairs -- Attorney
Fifth Third Mortgage Company $66,339 Attorney
-- $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reitz Alex $47,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $48,500 -2.8% $37 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $49,900 -- $38 / Sq Ft
Source: MichRIC

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 $2,157 $89,400 $0 $0
2024 $1,999 $77,600 $0 $0
2023 $1,929 $63,400 $0 $0
2022 $1,892 $53,100 $0 $0
2021 $1,984 $49,200 $4,900 $44,300
2020 $1,957 $49,600 $0 $0
2019 $1,922 $51,100 $2,400 $48,700
2018 $2,129 $51,100 $0 $0
2017 $2,171 $52,200 $0 $0
2016 $2,851 $52,200 $0 $0
2015 $1,982 $50,700 $0 $0
2014 $1,794 $48,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Tracey

    RE/MAX Michigan

    Section Image

  • R

    Buyer's Agent in 2016

    Richard Shepardson

    RE/MAX Michigan

See All Agents

Map

Source: MichRIC

MLS Number: 16021405

MichRIC

APN: 11-58-1300-0015-00-2

Michigan Berrien County Buchanan 49107

407 W Smith St, Buchanan, MI

Not Listed for Sale

Detached

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