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Seller's Agent in 2019
Rebecca Sherman
Key Realty
41 Summit St Saranac, MI 48881
Estimated Value: $225,000 - $285,000
2
Beds
1.5
Baths
1,200
Sq Ft
$208/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Stream or River on Lot
- Wood Flooring
- Craftsman Architecture
- Wooded Lot
- Sun or Florida Room
About This Home
As of September 2019I am honored to offer the historic Scheid house, now on the market for the second time ever! This lovely American Craftsman built in 1925 is in near original vintage condition with built-ins and hardwoods throughout. This home has 2 bedrooms and 1 bath with 2 bonus attic rooms, kitchen with breakfast nook, formal dining room, full cement basement with garage, workshop, 1/2 bath, and 2 prohibition era cold storage rooms. The home sits on an enchanting .714 acre lot with Lake Creek, a designated trout stream, running through the property. This may very well be a once in a lifetime opportunity! Call for a private showing today.
Last Agent to Sell the Property
Rebecca Sherman
Key Realty Listed on: 07/25/2019
Last Buyer's Agent
Rebecca Sherman
Key Realty Listed on: 07/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,147
Year Built
- Built in 1925
Lot Details
- 0.71 Acre Lot
- Lot Dimensions are 200.60 x 155
- Private Waterfront
- 155 Feet of Waterfront
- Shrub
- Wooded Lot
Parking
- 1 Car Attached Garage
Home Design
- Craftsman Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Sun or Florida Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Storm Windows
Kitchen
- Breakfast Area or Nook
- Oven
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
- Laundry Chute
Outdoor Features
- Water Access
- Stream or River on Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- High Speed Internet
- Phone Connected
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2019
Closed on
Sep 30, 2019
Sold by
Rose Shannon L
Bought by
Steven Scott L and Scott Michelle L
Seller's Agent
Rebecca Sherman
Key Realty
Buyer's Agent
Rebecca Sherman
Key Realty
List Price
$179,000
Sold Price
$158,000
Premium/Discount to List
-$21,000
-11.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,723
Avg. Annual Appreciation
7.52%
Original Mortgage
$150,100
Outstanding Balance
$131,495
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$118,228
Purchase Details
Closed on
Nov 20, 2009
Sold by
Joanne H Lichty Revocable Living Trust
Bought by
Rose Shannon L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,560
Interest Rate
5.11%
Mortgage Type
USDA
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steven Scott L | $158,000 | First American Title | |
| Rose Shannon L | $111,560 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Steven Scott L | $150,100 | |
| Previous Owner | Rose Shannon L | $111,560 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $158,000 | -11.7% | $132 / Sq Ft |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | For Sale | $179,000 | -- | $149 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
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 | $2,453 | $104,800 | $37,300 | $67,500 |
| 2024 | $20 | $104,800 | $37,300 | $67,500 |
| 2023 | $1,932 | $82,900 | $28,400 | $54,500 |
| 2022 | $1,840 | $82,900 | $28,400 | $54,500 |
| 2021 | $3,179 | $71,000 | $22,400 | $48,600 |
| 2020 | $1,761 | $71,000 | $22,400 | $48,600 |
| 2019 | $1,145 | $61,400 | $21,000 | $40,400 |
| 2018 | $2,147 | $59,000 | $21,000 | $38,000 |
| 2017 | $1,179 | $59,000 | $21,000 | $38,000 |
| 2016 | $1,145 | $50,800 | $20,000 | $30,800 |
| 2015 | -- | $50,800 | $20,000 | $30,800 |
| 2014 | $1,334 | $48,200 | $20,000 | $28,200 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MichRIC
MLS Number: 19035033
APN: 021-130-000-210-00
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