NOT LISTED FOR SALE

48 E 5th St Shelby, MI 49455

Estimated Value: $194,809 - $253,000

5 Beds
2 Baths
1,920 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $37,000 $19 Per Sq Ft

Est. 474% increase in value since last sale

Current estimated payment $1,343/month

70 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Area
  • Corner Lot: Yes
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2015

Large home on a double corner lot. Currently has a renter on the second floor. Turn this into a rental or live on one level and rent the other. The home has a lot of character but does need some work.

Last Agent to Sell the Property

David Ramey

Greenridge Realty White Lake Listed on: 01/22/2015

Co-Listed By

Maria Ramey

Greenridge Realty License #6501380977

Last Buyer's Agent

Frederic Hernandez

Coldwell Banker Anchor-Hart License #6506040509

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 100 x 80
  • Corner Lot: Yes

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 100 x 80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1920.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1416.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1920.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1920.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 45000.0
  • Lot Features: Corner Lot
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Dimensions: 100 x 80
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1416.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 20, 2015
Sold by
Arendt Joanne Elizabeth
Bought by
Marvav Trust
Seller's Agent
David Ramey
Greenridge Realty White Lake
Buyer's Agent
Frederic Hernandez
Coldwell Banker Anchor-Hart
List Price
$45,000
Sold Price
$37,000
Premium/Discount to List
-$8,000
-17.78%
Current Estimated Value
$212,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,248
Avg. Annual Appreciation
19.17%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Laguire and Arendt
Bought by
Laguire and Arendt
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
Marvav Trust $37,000 Oceana Land Title Agency Inc
Laguire $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arendt Joanne $7,169
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $37,000 -17.8% $19 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $45,000 -- $23 / 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 $2,053 $83,900 $83,900 $0
2024 $501 $80,500 $80,500 $0
2023 $1,809 $63,500 $63,500 $0
2022 $2,403 $52,300 $0 $0
2021 $1,749 $45,700 $45,700 $0
2020 $2,229 $46,500 $46,500 $0
2019 $2,248 $42,500 $0 $0
2018 $2,234 $39,000 $0 $0
2017 $2,234 $36,000 $0 $0
2016 -- $34,200 $0 $0
2013 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Ramey

    Greenridge Realty White Lake

  • M

    Seller Co-Listing Agent in 2015

    Maria Ramey

    Greenridge Realty

    (231) 903-7355

    1 in this area

    25 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Frederic Hernandez

    Coldwell Banker Anchor-Hart

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15002776

Southwestern Michigan Association of REALTORS®

APN: 046-103-009-00

Michigan Oceana County Shelby 49455

48 E 5th St, Shelby, MI

This home is located at 48 E 5th St, Shelby, MI 49455 since 22 January 2015 and is currently estimated at $225,202, approximately $117 per square foot. This property was built in 1890. 48 E 5th St is a home located in Oceana County with nearby schools including Shelby High School and New Era Christian 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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