NOT LISTED FOR SALE

4276 Lake St Bridgman, MI 49106

Estimated Value: $174,000 - $267,000

3 Beds
1.5 Baths
1,530 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $67,000 $44 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,433/month

138 Days on Market

Highlights

  • Cape Cod Architecture
  • Den
  • Forced Air Heating System
  • Bridgman Elementary School Rated A
  • Living Room
  • Family Room

About This Home

As of March 2016

Great set up for someone that would like to run their business from home with a detached garage that was converted into a very nice professional office. 3 Bedroom, 1-1/2 Bath Cape Cod Home on the highly visible Lake St. in Bridgman. Close to Weko Beach on Beautiful Lake Michigan, Warren Dunes State Park, Wine Trails, Round Barn Public House Tapestry Brewery & Greenbush. In the middle of Harbor Country to the south and St. Joseph to the North. Buyer & Buyers agent to verify any/all information.

Last Agent to Sell the Property

John Shail

Coldwell Banker Anchor R.E. License #6501310454 Listed on: 10/30/2015

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Leah Klint

ERA Reardon Realty License #6501392945

ERA Reardon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1940

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 68 x 132

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 48.95
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 68 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1530.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1533.32
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:Condo Proj Name: Vacant
  • General Property Info:SqFt Above Grade: 1530.0
  • General Property Info Garage YN: No
  • Architectural Style Cape Cod: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1530.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1080.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 74900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Electricity Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 68 x 132
  • Lot Size Sq Ft: 9147.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1533.32
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Mar 23, 2016
Sold by
Chemical Bank
Bought by
Bungalow #9 Llc
Seller's Agent
John Shail
Coldwell Banker Anchor R.E.
Buyer's Agent
Leah Klint
ERA Reardon Realty
List Price
$94,900
Sold Price
$67,000
Premium/Discount to List
-$27,900
-29.4%
Current Estimated Value
$226,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,241
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Foti John and Foti Shannon
Bought by
Chemical Bank

Purchase Details

Closed on
Dec 15, 2011
Sold by
Foti Shannon
Bought by
Foti John

Purchase Details

Closed on
Dec 8, 2006
Sold by
Durham Deborah A
Bought by
Foti John and Foti Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bungalow #9 Llc $67,000 Cfc Title Services Inc
Chemical Bank $81,741 None Available
Foti John -- None Available
Foti John $185,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foti John $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $67,000 -29.4% $44 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $94,900 -- $62 / 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 $2,897 $117,300 $0 $0
2024 $2,806 $104,300 $0 $0
2023 $2,537 $89,200 $0 $0
2022 $2,416 $78,100 $0 $0
2021 $2,402 $74,800 $10,900 $63,900
2020 $2,360 $67,600 $0 $0
2019 $2,320 $67,700 $0 $0
2018 $2,262 $67,100 $0 $0
2017 $2,223 $51,600 $0 $0
2016 $1,753 $63,400 $0 $0
2015 $1,747 $64,700 $0 $0
2014 $1,401 $46,100 $14,600 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15003023

MichRIC

APN: 11-56-0340-0046-00-0