NOT LISTED FOR SALE

416 W Russell Dr Coldwater, MI 49036

Estimated Value: $202,000 - $260,000

2 Beds
1 Bath
900 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $55,000 $61 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $1,535/month

58 Days on Market

Highlights

  • Waterfront
  • Den
  • Laundry Room
  • Recreation Room
  • Living Room
  • Bungalow

About This Home

As of February 2018

HUD HOME Case Number: 263-406581 - 2 Bedroom, 1 Bath, Home on Long Lake. IE Insurability. Property being sold in AS-IS Condition, without and guarantee or warrant by the seller. Agents may visit www.Sageacq.com or www.hudhomestore.com

Last Agent to Sell the Property

April Osborne

Midwestern Realty Group License #6502388252 Listed on: 11/28/2017

Last Buyer's Agent

April Osborne

Midwestern Realty Group License #6502388252 Listed on: 11/28/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Waterfront

Home Design

  • Bungalow
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Property is near a lake

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Bungalow
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1x1
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Bungalow
  • Tax Info:Annual Property Tax: 2461.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Waterfront Options:Water Frontage3: 1.0
  • Substructure:Slab: Yes
  • Roofing:Metal: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: No
  • 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: Slab
  • LivingArea: 900.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 66500.0
  • Water Body Name: Long Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 1x1
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2461.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Feb 12, 2018
Sold by
Secretary Of Hud
Bought by
Avelow Properties Llc
Seller's Agent
April Osborne
Midwestern Realty Group
Buyer's Agent
April Osborne
Midwestern Realty Group
List Price
$82,000
Sold Price
$55,000
Premium/Discount to List
-$27,000
-32.93%
Current Estimated Value
$233,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,174
Avg. Annual Appreciation
20.60%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 12, 2017
Sold by
Leupp Thomas A and Leupp Freda R
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 22, 2008
Sold by
Leupp Thomas A and Leupp Freda R
Bought by
Leupp Thomas A and Leupp Freda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 1997
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
Avelow Properties Llc $55,000 None Available
Secretary Of Housing & Urban Development -- Attorney
Jpmorgan Chase Bank National Association $90,000 Attorney
Leupp Thomas A -- Title Source Inc
-- $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leupp Thomas A $172,296
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2018 02/12/18 Sold $55,000 -32.9% $61 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $82,000 -- $91 / 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 $3,762 $108,245 $0 $0
2024 $886 $99,144 $0 $0
2023 $805 $78,371 $0 $0
2022 $3,437 $75,169 $0 $0
2021 $3,511 $73,523 $0 $0
2020 -- $71,052 $0 $0
2019 -- $69,764 $0 $0
2018 -- $63,822 $0 $0
2017 -- $64,315 $0 $0
2016 -- $64,349 $0 $0
2015 -- $61,286 $0 $0
2014 -- $58,791 $0 $0
2013 -- $58,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    April Osborne

    Midwestern Realty Group

    (517) 278-6400

    36 Total Sales

    April Osborne
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Map

Source: MichRIC

MLS Number: 17057276

MichRIC

APN: 110-V70-000-010-00

Michigan Branch County Coldwater 49036

416 W Russell Dr, Coldwater, MI

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