NOT LISTED FOR SALE

4801 Wells Rd Petersburg, MI 49270

Estimated Value: $198,000 - $242,000

2 Beds
1 Bath
957 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $179,000 $187 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,362/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathroom on Main Level
  • Ranch Style House
  • Porch
  • Shed

About This Home

As of May 2023

**Offers due by Wednesday, April 19th at 7pm** Very well maintained 2 bedroom, 1 bath brick ranch home on just over 2.5 acres with over 500' of road frontage. Beautiful hardwood floors in the living room, hallway and bedrooms. Updated eat-in kitchen. Full basement. 12'x20' deck overlooking your peaceful backyard. 12'x12' Shed. Kitchen appliances and washer and dryer included. Move-in Ready! 1 year Home Warranty.

Last Agent to Sell the Property

Lori Keinath

Key Realty One LLC - Summerfield License #MCAR-6501370707 Listed on: 04/17/2023

Last Buyer's Agent

Dione Oerther

Key Realty One LLC - Roessler License #MCAR-6?5?0?6?0?4?9?3?3?3

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1962

Lot Details

  • 2.57 Acre Lot
  • Lot Dimensions are 503x229
  • Rural Setting

Home Design

  • 957 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 08-007-016-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,522

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1522.49
  • Year Built: 1962
  • Mail City: Petersburg
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 12 x 14
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Main Floor, Dimensions: 10 x 12
  • Bedroom 2 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 8, On Level: Main
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Kitchen: On Main Floor, Dimensions: 12 x 16
  • Kitchen Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 14 x 20
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 957
  • Above Grade Finished Sq Ft: 957
  • Total Finished Sq Ft: 957

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 503
  • Road: Private Road
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 08-007-016-00
  • Lot Dimensions: 503x229
  • Acreage: 2.57
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2022, Amount: $693.09
  • Winter Tax: Year: 2021, Amount: $829.40
  • Total Tax: Amount: $1,522.49

MLS Schools

  • School District: Summerfield School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 18, 2023
Sold by
Bailey Harry
Bought by
Bowser Joseph C
Seller's Agent
Lori Keinath
Key Realty One LLC - Summerfield
Buyer's Agent
Dione Oerther
Key Realty One LLC - Roessler
List Price
$189,900
Sold Price
$179,000
Premium/Discount to List
-$10,900
-5.74%
Views
64
Current Estimated Value
$222,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,925
Avg. Annual Appreciation
6.58%
Original Mortgage
$137,000
Outstanding Balance
$133,410
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$74,240

Purchase Details

Listed on
Sep 26, 2014
Closed on
Dec 4, 2014
Sold by
Alverman David A and Alverman Lindsay
Bought by
Bailey Harry and Bailey Sharon
Seller's Agent
Annette Young
Key Realty One LLC - Summerfield
Buyer's Agent
Toby Wegener
The Danberry Company - Temperance
List Price
$117,900
Sold Price
$112,000
Premium/Discount to List
-$5,900
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$109,971
Interest Rate
4.4%
Mortgage Type
FHA
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
Bowser Joseph C $179,000 Lawyers Title
Bailey Harry $112,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowser Joseph C $137,000
Previous Owner Bailey Harry $114,651
Previous Owner Bailey Harry $109,971
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $179,000 -5.7% $187 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $189,900 +69.6% $198 / Sq Ft
12/04/2014 12/04/14 Sold $112,000 -5.0% $116 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $117,900 -- $122 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,089 $88,500 $88,500 $0
2024 $932 $85,500 $0 $0
2023 $728 $73,800 $0 $0
2022 $693 $73,800 $0 $0
2021 $1,500 $65,800 $0 $0
2020 $1,489 $62,500 $0 $0
2019 $1,498 $62,500 $0 $0
2018 $1,462 $63,200 $0 $0
2017 $1,396 $63,200 $0 $0
2016 $1,387 $61,100 $0 $0
2015 $1,299 $38,650 $0 $0
2014 $931 $38,650 $0 $0
2013 -- $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lori Keinath

    Key Realty One LLC - Summerfield

    Section Image
  • Dione Oerther

    Buyer's Agent in 2023

    Dione Oerther

    Key Realty One LLC - Roessler

    (734) 735-6224

    124 Total Sales

    Dione Oerther
    Section Image

  • A

    Seller's Agent in 2014

    Annette Young

    Key Realty One LLC - Summerfield

    Section Image

  • T

    Buyer's Agent in 2014

    Toby Wegener

    The Danberry Company - Temperance

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50105936

Michigan Multiple Listing Service

APN: 08-007-016-00

Michigan Monroe County Petersburg 49270

4801 Wells Rd, Petersburg, MI

This home is located at 4801 Wells Rd, Petersburg, MI 49270 since 17 April 2023 and is currently estimated at $222,925, approximately $232 per square foot. This property was built in 1962. 4801 Wells Rd is a home located in Monroe County with nearby schools including Summerfield Elementary School and Summerfield Junior/Senior 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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