NOT LISTED FOR SALE

4891 Lakeview Dr Coral, MI 49322

Estimated Value: $137,000 - $203,000

2 Beds
1 Bath
900 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $40,000 $44 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $1,052/month

61 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Recreation Room
  • Lakeview Elementary School Rated 9+
  • Deck
  • Living Room

About This Home

As of August 2016

This cottage has some of the renovations started and when it is finished, it will be a great place for summer BBQ's after boating and swimming all day on Coady Lake. This 2 bedroom, 1 bath home. Large windows allow you to see the lake very well. There is even a Loft that the kids will love exploring.

Last Agent to Sell the Property

Tammy Tomich

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) License #6501282887 Listed on: 04/15/2016

Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

Co-Listed By

Duane Green

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) License #6501264086

Last Buyer's Agent

Jerry Garner

ERA Reardon Realty Great Lakes (Trufant)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 45x100
  • Private Waterfront
  • 45 Feet of Waterfront
  • The property's road front is unimproved

Parking

  • Unpaved Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Dining Area
  • Recreation Room
  • Laminate Flooring
  • Crawl Space
  • Snack Bar or Counter
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Shed

Utilities

  • No Heating
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Recreational Area

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x100
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1355.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Util Avail at Street:Electric: Yes
  • Waterfront Options:Water Frontage3: 45.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Laminate Floor: Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 900.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 49900.0
  • Lot Features: Recreational
  • Other Structures: Shed(s)
  • Road Surface Type: Unimproved
  • Water Body Name: Coady Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 45x100
  • Lot Size Sq Ft: 4500.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1355.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Aug 15, 2016
Sold by
Wells Fargo Bank N A
Bought by
Hart Gordon
Seller's Agent
Tammy Tomich
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Buyer's Agent
Jerry Garner
ERA Reardon Realty Great Lakes (Trufant)
List Price
$55,900
Sold Price
$40,000
Premium/Discount to List
-$15,900
-28.44%
Current Estimated Value
$165,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,633
Avg. Annual Appreciation
17.16%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bruchnak Al M and Bruchnak Jill M
Bought by
Beimers Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
6.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 18, 2003
Sold by
Formsma Duane M and Formsma Carol A
Bought by
Bruchnak Al M

Purchase Details

Closed on
Sep 1, 1989
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
Hart Gordon $40,000 Carrington Title Services
Beimers Nicole R $115,000 Title Agency
Beimers Nicole R $115,000 --
Bruchnak Al M $87,000 --
-- $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Gordon $41,000
Closed Hart Gordon $41,000
Previous Owner Beimers Nicole R $23,000
Previous Owner Beimers Nicole R $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $40,000 -28.4% $44 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $55,900 -- $62 / 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 $1,739 $64,200 $0 $0
2024 $1,688 $60,300 $0 $0
2023 -- $62,100 $0 $0
2022 -- $48,900 $0 $0
2021 -- $44,000 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16016699

Southwestern Michigan Association of REALTORS®

APN: 013-530-012-00