NOT LISTED FOR SALE

Estimated Value: $255,174 - $392,000

3 Beds
1 Bath
1,438 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $77,500 $54 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,796/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 3-minute walk to Lamont Community Park
  • 1 Car Detached Garage

About This Home

As of January 2013

This 2 story home has Three bedrooms, one Bath, main floor laundry, large deck, and fenced back yard. Interior needs some TLC. Buyer to verify all information. Sold as is. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 9/11/12.

Last Agent to Sell the Property

Rhoda Brooks

Midwest Prop of Mich (DB) - I License #6501306574 Listed on: 08/27/2012

Co-Listed By

Sandra Schuelke

ERA Reardon Realty Great Lakes License #6501300896

Last Buyer's Agent

Laurie Zokoe

Five Star Real Estate (Tallmadge) License #6502400517

Five Star Real Estate (Tallmadge)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1850

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66x180

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,438 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1850
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 66x180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1438.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1374.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1438.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1438.0
  • General Property Info:Stories2: 2.0
  • Above Grade Finished Sq Ft: 1438.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 79900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 66x180
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1374.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Jan 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lipski Steven C
Seller's Agent
Rhoda Brooks
Midwest Prop of Mich (DB) - I
Buyer's Agent
Laurie Zokoe
Five Star Real Estate (Tallmadge)
List Price
$94,900
Sold Price
$77,500
Premium/Discount to List
-$17,400
-18.34%
Current Estimated Value
$312,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,044
Avg. Annual Appreciation
10.93%
Original Mortgage
$79,081
Outstanding Balance
$55,220
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$233,784

Purchase Details

Closed on
Dec 1, 2011
Sold by
Wind Joseph and Abn Amro Mortgage Group Inc
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Lipski Steven C $77,500 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $99,066 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipski Steven C $79,081
Previous Owner Wind $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2013 01/09/13 Sold $77,500 -18.3% $54 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $94,900 -- $66 / 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 $1,566 $82,900 $0 $0
2024 $530 $80,800 $0 $0
2023 $505 $70,800 $0 $0
2022 $1,425 $65,600 $0 $0
2021 $1,382 $62,000 $0 $0
2020 $1,368 $57,800 $0 $0
2019 $1,342 $56,100 $0 $0
2018 $1,259 $49,400 $4,100 $45,300
2017 $1,204 $51,200 $0 $0
2016 $1,201 $42,700 $0 $0
2015 -- $57,500 $0 $0
2014 -- $55,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12047234

Southwestern Michigan Association of REALTORS®

APN: 70-10-07-328-015