NOT LISTED FOR SALE

438 E Michigan Ave Grass Lake, MI 49240

Estimated Value: $196,000 - $275,000

5 Beds
2 Baths
-- Sq Ft
0.63 Acres

Last Sold April 19, 2013

Last sale price $45,000

Est. 390% increase in value since last sale

Current estimated payment $1,402/month

57 Days on Market

About This Home

As of April 2013

Large 2 unit home in Village of Grass Lake. 1st unit with 2 bedroom, 1 bath and 2nd unit with 1 bedroom, 1 bath. Full basement. 2 car carport. Separate utilities a plus! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for both HomePath Renovation Mortgage and Homepath Mortgage Financing.

Last Agent to Sell the Property

Edward Kerley

EXIT REALTY 1ST LLC License #6502120588 Listed on: 10/26/2012

EXIT REALTY 1ST LLC

Last Buyer's Agent

Ray Snell

EXIT REALTY 1ST LLC License #6501330536

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1896

Lot Details

  • 0.63

Additional Features

  • 0.63 Acre Lot
  • Forced Air Heating System

Property Details

Home Type

Apartment

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 49500.0
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Size Sq Ft: 27442.8

Tax Info

  • Tax Annual Amount: 2744.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2011
Sold by
Bac Home Loans Servicing L P
Bought by
Fannie Mae
Total Days on Market
57
Current Estimated Value
$220,684

Purchase Details

Closed on
Dec 18, 2001
Sold by
Marr Albert J and Marr Geraldine M
Bought by
Maxson Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Robert Dennis E and Rogers Caryn T
Bought by
Marr Albert J and Marr Geraldine M

Purchase Details

Closed on
Jul 13, 2001
Sold by
Thornton Robert H
Bought by
Rogers Dennis E and Rogers Caryn T

Purchase Details

Closed on
Oct 1, 1995
Sold by
Thornton Robert H
Bought by
Rogers Dennis E and Rogers Caryn T

Purchase Details

Closed on
May 1, 1991
Bought by
Thornton
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
Fannie Mae -- None Available
Maxson Bruce A $112,500 --
Marr Albert J $122,500 --
Rogers Dennis E $100,000 --
Rogers Dennis E -- --
Thornton $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shemwell Wesley T $18,512
Open Shemwell Wesley $1,570,784
Closed Shemwell Wesley T $30,000
Closed Wesley Wesley T $116,758
Closed Wesley T $67,908
Previous Owner Maxson Bruce A $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $45,000 -- --
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 $2,333 $92,900 $0 $0
2024 $2,360 $88,700 $0 $0
2023 $2,248 $82,200 $0 $0
2022 $2,718 $74,600 $0 $0
2021 $2,634 $68,700 $0 $0
2020 $614 $68,700 $0 $0
2019 $2,539 $65,700 $0 $0
2018 $1,129 $60,200 $0 $0
2017 $1,052 $59,400 $0 $0
2016 $0 $57,000 $57,000 $0
2015 -- $54,800 $54,800 $0
2014 -- $53,000 $0 $0
2013 -- $53,000 $53,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Kerley

    Seller's Agent in 2013

    Edward Kerley

    EXIT REALTY 1ST LLC

    (517) 796-0108

    69 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Ray Snell

    EXIT REALTY 1ST LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032639

Southwestern Michigan Association of REALTORS®

APN: 027-10-33-303-013-01

Michigan Jackson County Grass Lake 49240

438 E Michigan Ave, Grass Lake, MI

This home is located at 438 E Michigan Ave, Grass Lake, MI 49240 since 26 October 2012 and is currently estimated at $228,775. This property was built in 1896. 438 E Michigan Ave is a home located in Jackson County with nearby schools including George Long Elementary School, Grass Lake Middle School, and Grass Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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