NOT LISTED FOR SALE

Estimated Value: $249,653 - $420,000

2 Beds
1 Bath
1,012 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $16,500 $16 Per Sq Ft

Est. 1,949% increase in value since last sale

Current estimated payment $2,036/month

138 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Siding
  • 1-Story Property
  • Knapp Forest Elementary School Rated A
  • Gravity Heating System

About This Home

As of February 2012

Two bedroom, one bath ranch in Ada Township. Property is zoned commercial, but is grandfathered in for residential use per the township. Home needs work. Buyer to verify all information. Sold as is. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 9/29/11.

Last Agent to Sell the Property

Abby Lemmon

Agent History Listed on: 09/14/2011

Co-Listed By

Rhoda Brooks

Midwest Prop of Mich (DB) - I

Last Buyer's Agent

Tom Manus

Manus Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.4 Acre Lot
  • Property is zoned Commercial, Commercial

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Gravity Heating System
  • Well
  • Septic System

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

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Garage Type Detached: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1012.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 24900.0
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Oil, Gravity
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: Unknown
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1640.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2011
Closed on
Feb 22, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanderband Scott A
Seller's Agent
Abby Lemmon
Agent History
Buyer's Agent
Tom Manus
Manus Realty
List Price
$52,800
Sold Price
$16,500
Premium/Discount to List
-$36,300
-68.75%
Total Days on Market
138
Current Estimated Value
$338,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,663
Avg. Annual Appreciation
25.54%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Sheller Betty
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 11, 2005
Sold by
Sheller Betty A and Sheller Bainard E
Bought by
Sheller Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1998
Sold by
Sheller Bainard E and Sheller Betty
Bought by
Sheller Betty and Vanderband Scott A
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
Vanderband Scott A $16,500 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corp $50,945 None Available
Sheller Betty A -- --
Sheller Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderband Scott A $93,750
Previous Owner Sheller Betty A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2012 02/23/12 Sold $16,500 -68.8% $16 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
09/14/2011 09/14/11 For Sale $52,800 -- $52 / 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 $1,660 $77,700 $0 $0
2023 $2,588 $58,800 $0 $0
2022 $2,513 $57,900 $0 $0
2021 $2,427 $57,500 $0 $0
2020 $1,465 $55,900 $0 $0
2019 $2,221 $52,600 $0 $0
2018 $2,302 $50,800 $0 $0
2017 $2,280 $45,000 $0 $0
2016 $2,221 $47,300 $0 $0
2015 -- $47,300 $0 $0
2013 -- $44,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11051014

Southwestern Michigan Association of REALTORS®

APN: 41-15-34-200-007