NOT LISTED FOR SALE

4840 E Ridge Rd Elsie, MI 48831

Estimated Value: $318,000 - $467,000

3 Beds
3.5 Baths
3,360 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $190,000 $57 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,365/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Pole Barn
  • Living Room
  • Ovid-Elsie High School Rated 10
  • Main Floor Primary Bedroom
  • Dining Room

About This Home

As of November 2017

THIS PROPERTY IS ELIGIBLE UNDER FIRST LOOK INITIATIVE THROUGH 10/18/2017, AND BUYERS MUST BE PURCHASING THE HOUSE AS THEIR PRIMARY RESIDENCE. INVESTORS MAY SUBMIT OFFERS; HOWEVER, OFFERS WILL NOT BE CONSIDERED FOR NEGOTIATION UNTIL AFTER 10/18/2017. MECHANICAL SYSTEMS MAY REQUIRE REPLACEMENT. EMAIL FOR ALL SHOWING REQUESTS; ACCESS INFORMATION WILL ONLY BE PROVIDED BY EMAIL.

Last Agent to Sell the Property

Mike Parsley

Coldwell Banker Professionals-Delta License #6502116336 Listed on: 09/29/2017

Last Buyer's Agent

MaryAnn Baer

Keller Williams Realty Lansing License #6501271922

Keller Williams Realty Lansing

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 498x467

Parking

  • Gravel Driveway

Home Design

  • Single Family Detached Home
  • Cape Cod Architecture
  • Modular Prefabricated Home
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Pole Barn

Utilities

  • No Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,549

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2016
  • Year Built: 2003
  • Lot Size Acres: 5.0
  • Lot Size: 498X467
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Cape Cod, Modular
  • Living Area: 3360.0
  • General Property Info:Lot Size Dimensions: 498X467
  • General Property Info:Above Grade Finished Area: 1680.0
  • General Property Info:Total Livable Area: 3360.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Other Structures:Pole Barn: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Architectural Style:Cape Cod: Yes
  • Exterior:Vinyl Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Modular: Yes
  • General Property Info:Building Area Total SqFt: 780.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: First
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 1680.0
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • OtherStructures: Pole Barn
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: None
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:None2: Yes

Lot Info

  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 8720
  • Tax Annual Amount: 1549.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 22, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Goosen Jessica A
Seller's Agent
Mike Parsley
Coldwell Banker Professionals-Delta
Buyer's Agent
MaryAnn Baer
Keller Williams Realty Lansing
List Price
$164,900
Sold Price
$190,000
Premium/Discount to List
$25,100
15.22%
Current Estimated Value
$403,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,061
Avg. Annual Appreciation
9.70%
Original Mortgage
$180,500
Outstanding Balance
$151,490
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$251,571

Purchase Details

Closed on
Feb 21, 2017
Sold by
New Penn Financial Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 7, 2016
Sold by
Hammond Jeffrey L
Bought by
New Penn Financial Llc and Shellpoint Mortgage Servicing

Purchase Details

Closed on
Dec 29, 2003
Sold by
Webster Larry D and Webster Catherine L
Bought by
Hammond Jeffrey and Hammond Michelle
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
Goosen Jessica A $190,000 None Available
Federal Home Loan Mortgage Corporation -- Attorney
New Penn Financial Llc $110,897 Attorney
Hammond Jeffrey -- Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goosen Jessica A $180,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $190,000 +15.2% $57 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $164,900 -- $49 / Sq Ft
Source: Greater Lansing 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 $3,124 $201,100 $18,600 $182,500
2024 $1,186 $181,200 $18,600 $162,600
2023 $910 $102,900 $0 $0
2022 $2,249 $87,200 $19,300 $67,900
2021 $3,492 $77,400 $13,500 $63,900
2020 $3,391 $74,400 $13,500 $60,900
2019 $3,192 $68,900 $14,300 $54,600
2018 $3,116 $67,000 $14,300 $52,700
2017 -- $65,600 $15,000 $50,600
2016 $1,547 $67,400 $15,000 $52,400
2015 -- $68,400 $0 $0
2011 -- $54,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Parsley

    Coldwell Banker Professionals-Delta

  • M

    Buyer's Agent in 2017

    MaryAnn Baer

    Keller Williams Realty Lansing

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 220473

Greater Lansing Association of Realtors®

APN: 060-007-400-030-00

Michigan Clinton County Elsie 48831

4840 E Ridge Rd, Elsie, MI

Not Listed for Sale

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