NOT LISTED FOR SALE

411 Main St Buchanan, MI 49107

Estimated Value: $251,000 - $289,000

3 Beds
2 Baths
1,955 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $57,000 $29 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $1,699/month

148 Days on Market

About This Home

As of August 2012

This is a HUD Home, sold AS-IS by electronic bid only. Equal Housing Opportunity. All bids must be submitted through a registered HUD approved real estate agent. For property conditions, forms, disclosures and availability, see website in agent remarks. Buyer to verify all information. Earnest money deposit: $500 if bid is less than $50,000; $1,000 if bid is $50,000 or more. All bidders must have lender prequalification letter. 0 points/0 repairs. Agents, please refer to Agent Comments section for additional details.

Last Agent to Sell the Property

John Henderson

J T Henderson & Assoc LLC License #6502331223 Listed on: 02/08/2012

Co-Listed By

Jenifer Taylor

JT Henderson & Assoc WM License #6501351941

Last Buyer's Agent

Lynn Ferris

RE/MAX Modern Realty, Inc. License #6501305797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1901

Lot Details

  • 0.4 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,955 Sq Ft Home
  • Living Room
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1901
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1955.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 56425.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Aug 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Schanick Joshua and Schanick Amanda
Seller's Agent
John Henderson
J T Henderson & Assoc LLC
Buyer's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
List Price
$86,000
Sold Price
$57,000
Premium/Discount to List
-$29,000
-33.72%
Current Estimated Value
$269,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,542
Avg. Annual Appreciation
11.96%
Original Mortgage
$45,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Jones Ann Marie and Jones Earl J
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 29, 2007
Sold by
Karpinski Joshua M and Karpinski Emily A
Bought by
Jones Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,531
Interest Rate
6.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2002
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
Schanick Joshua $57,000 Meridian Title Corp
The Secretary Of Housing & Urban Develop -- None Available
Jones Ann Marie $123,500 Meridian Title Corp
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schanick Joshua $23,500
Open Schanick Joshua $75,000
Previous Owner Schanick Joshua $45,500
Previous Owner Jones Ann Marie $124,822
Previous Owner Jones Ann Marie $123,587
Previous Owner Jones Ann Marie $122,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $57,000 -33.7% $29 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $86,000 -- $44 / 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 $2,802 $125,100 $0 $0
2024 $2,604 $107,800 $0 $0
2023 $2,513 $84,900 $0 $0
2022 $2,464 $70,000 $0 $0
2021 $2,578 $64,600 $8,300 $56,300
2020 $2,544 $65,000 $0 $0
2019 $2,497 $62,700 $6,600 $56,100
2018 $2,517 $62,700 $0 $0
2017 $2,465 $62,400 $0 $0
2016 $2,448 $62,700 $0 $0
2015 $2,444 $60,900 $0 $0
2014 $2,216 $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12007504

Southwestern Michigan Association of REALTORS®

APN: 11-58-8550-0022-02-2