NOT LISTED FOR SALE

408 W Silver St Reading, MI 49274

Estimated Value: $80,000 - $95,000

2 Beds
1 Bath
774 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $63,000 $81 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $516/month

34 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • Level Lot
  • Bungalow
  • Replacement Windows

About This Home

As of September 2021

This cozy home has room enough for your happiness and love. Well maintained and has main floor laundry in the downstairs bedroom... HOW CONVENIENT IS THAT?! Would you like to pick out your own appliances after you close with the help of the seller? Seller may give 1,000 back to buyer at close for NEW appliances!

Last Agent to Sell the Property

Crystal Stoner

Coldwell Banker Denny Groves License #6501390542 Listed on: 06/18/2021

Coldwell Banker Denny Groves

Last Buyer's Agent

Tamara Lehman

Playford Real Estate License #6501358636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62x128
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 774 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Living Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62x128
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 774.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 466.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 774.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 774.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 336.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 64900.0
  • Lot Features: Level
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 62x128
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 466.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 24, 2021
Sold by
Sheely Gerald L and Sheely Kathleen D
Bought by
Rose Creg Michael
Seller's Agent
Crystal Stoner
Coldwell Banker Denny Groves
Buyer's Agent
Tamara Lehman
Playford Real Estate
List Price
$72,500
Sold Price
$63,000
Premium/Discount to List
-$9,500
-13.1%
Current Estimated Value
$88,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,668
Avg. Annual Appreciation
8.87%
Original Mortgage
$59,850
Outstanding Balance
$54,459
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$34,209

Purchase Details

Closed on
May 8, 2009
Sold by
Trott & Trott Pc
Bought by
Sheely Gerald L and Sheely Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2008
Sold by
The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 17, 2008
Sold by
Aaron Tracy D
Bought by
The Huntington National Bank

Purchase Details

Closed on
Aug 21, 2006
Sold by
Hancock Jack E and Hancock Angela M
Bought by
Aaron Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,315
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2003
Sold by
Hancock William G and Florence V
Bought by
Hancock Jack E and Hancock Angela M

Purchase Details

Closed on
Oct 21, 1991
Sold by
Tonkel Orlo L
Bought by
Hancock William G and Hancock Florence

Purchase Details

Closed on
Feb 20, 1990
Sold by
Tonkel Jack L and Tonkel Jacqueline L
Bought by
Tonkel Orlo L

Purchase Details

Closed on
Feb 13, 1990
Sold by
Lewis Maurine M
Bought by
Lewis George D B

Purchase Details

Closed on
Aug 25, 1986
Sold by
Lewis Maurine M
Bought by
Lewis Maurine M and Lewis George D B

Purchase Details

Closed on
Jan 18, 1983
Sold by
Tonkel Maryann E
Bought by
Tonkel Jack L
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
Rose Creg Michael $63,000 Midstate Title Agency
Sheely Gerald L $15,000 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
The Huntington National Bank $46,344 None Available
Aaron Tracy D $55,500 None Available
Hancock Jack E -- --
Hancock William G $10,000 --
Tonkel Orlo L -- --
Lewis George D B -- --
Lewis Maurine M -- --
Tonkel Jack L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Creg Michael $59,850
Previous Owner Sheely Gerald L $11,250
Previous Owner Aaron Tracy D $55,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $63,000 -13.1% $81 / Sq Ft
06/18/2021 06/18/21 For Sale $72,500 -- $94 / 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
2025 $550 $20,700 $0 $0
2024 $343 $20,200 $0 $0
2023 $328 $15,900 $0 $0
2022 $501 $13,300 $0 $0
2021 $465 $12,800 $0 $0
2020 $463 $12,100 $0 $0
2019 $451 $11,500 $0 $0
2018 $435 $10,700 $0 $0
2017 $424 $9,800 $0 $0
2016 $420 $10,000 $0 $0
2015 $180 $10,000 $0 $0
2013 $174 $7,420 $0 $0
2012 $178 $7,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21023388

Southwestern Michigan Association of REALTORS®

APN: 20-065-001-062