NOT LISTED FOR SALE

4724 Flat River Trail Belding, MI 48809

Estimated Value: $303,000 - $524,000

5 Beds
3 Baths
2,500 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $79,500 $32 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $2,489/month

51 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Wood Flooring
  • 3.26 Acre Lot
  • Wooded Lot
  • Pole Barn

About This Home

As of December 2013

This property sits on 3.26 acres with River frontage along the Flat River. 5 bedroom, 3 bath, 2 story. Interior with natural woodwork, fireplace, cathedral ceiling in large main floor family room, covered front porch and back yard patio. Large pole building.Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a Bank employee), and HTS business partners of the Bank, are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 09/11/2013

KW Rivertown Hoppough

Last Buyer's Agent

Richard Poole

Live Local Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1868

Lot Details

  • 3.26 Acre Lot
  • Private Waterfront
  • 80 Feet of Waterfront
  • River Front
  • The property's road front is unimproved
  • Level Lot
  • Wooded Lot
  • Property is zoned R-C, R-C

Parking

  • 2 Car Garage
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Basement
  • Michigan Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Porch

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 1868

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1868
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 33.96
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irreg
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2500.0
  • Tax Info:Zoning3: R-C
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 80.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2500.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Michigan Basement
  • LivingArea: 2500.0
  • General Property Info:Stories2: 2.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 84900.0
  • Lot Features: Level, Wooded
  • Other Structures: Pole Barn
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Flat River
  • Waterfront Features: River
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 3.26
  • Lot Size Area: 3.26
  • Lot Dimensions: irreg
  • Lot Size Sq Ft: 142006.0
  • Zoning Description: R-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2014
Sold by
Hodson Rean and Hodson Beverly
Bought by
Bush Rean J
Current Estimated Value
$417,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$49,412
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$344,769

Purchase Details

Listed on
Sep 11, 2013
Closed on
Dec 4, 2013
Sold by
Bank Of America Na
Bought by
Hodson Rean
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Richard Poole
Live Local Realty
List Price
$84,900
Sold Price
$79,500
Premium/Discount to List
-$5,400
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%

Purchase Details

Closed on
Apr 25, 2012
Sold by
Vanvleck Gary
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 19, 2003
Sold by
Wolcott Gordon A and Wolcott Kimberly
Bought by
Haririan Cyrus and Haririan Parinaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Wolcott Gordon A and Wolcott Kim L
Bought by
Standard Federal Bank and Michigan National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Wolcott Gordon A and Wolcott Kim L
Bought by
Seif Ronald and Seif Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,273
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Bush Rean J $81,323 Sun Title Agency Of Michigan
Hodson Rean $79,500 None Available
Bank Of America N A -- --
Haririan Cyrus $159,000 Crowne Title Agency
Wolcott Gordon -- Crowne Title Agency
Standard Federal Bank $30,077 --
Seif Ronald $59,273 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Rean J $65,000
Previous Owner Wolcott Gordon $127,200
Previous Owner Seif Ronald $59,273
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2013 12/12/13 Sold $79,500 -6.4% $32 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $84,900 -- $34 / 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 $3,847 $178,600 $18,500 $160,100
2024 $13 $178,600 $18,500 $160,100
2023 $1,279 $151,900 $18,500 $133,400
2022 $1,218 $151,900 $18,500 $133,400
2021 $3,401 $146,700 $18,500 $128,200
2020 $1,169 $146,700 $18,500 $128,200
2019 $1,074 $145,100 $17,600 $127,500
2018 $3,223 $120,100 $17,600 $102,500
2017 $1,084 $120,100 $17,600 $102,500
2016 $1,074 $99,700 $15,500 $84,200
2015 -- $99,700 $15,500 $84,200
2014 -- $112,400 $15,500 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hoppough

    Seller's Agent in 2013

    Cathy Hoppough

    KW Rivertown Hoppough

    (616) 915-2890

    7 in this area

    448 Total Sales

    Cathy Hoppough
    Section Image

  • R

    Buyer's Agent in 2013

    Richard Poole

    Live Local Realty

    (616) 902-5035

    1 in this area

    49 Total Sales

    Richard Poole
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 13054064

MichRIC

APN: 130-028-000-090-14

Michigan Ionia County Belding 48809

4724 Flat River Trail, Belding, MI

Not Listed for Sale

Detached

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