NOT LISTED FOR SALE

490 E Sherman Blvd Muskegon Heights, MI 49444

Estimated Value: $41,000 - $109,000

0.14 Acre
$523,807 Price per Acre
6,229 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $1,500

Est. 4,722% increase in value since last sale

Current estimated payment $416/month

13 Days on Market

About This Lot

As of December 2021

This is one of 8 total lots. Final offers must be must be placed by Dec. 3rd 2021 at 6pm.

The intent of these lots is to care for them to ensure a clean and welcoming neighborhood.

This lot is in an opportunity zone!

Last Agent to Sell the Property

David Medendorp

Medendorp Real Estate Group License #6502399695 Listed on: 11/23/2021

Last Buyer's Agent

David Medendorp

Medendorp Real Estate Group License #6502399695 Listed on: 11/23/2021

Property Details

Property Type

  • Land

Lot Details

  • 6,229 Sq Ft Lot
  • Zoning described as C1-NEIG

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 1000.0

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6229.0
  • Zoning Description: C1-NEIG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 289.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 6, 2021
Sold by
Care A Lot Inc
Bought by
Thompson Paul
Seller's Agent
David Medendorp
Medendorp Real Estate Group
Buyer's Agent
David Medendorp
Medendorp Real Estate Group
List Price
$1,000
Sold Price
$1,500
Premium/Discount to List
$500
50%
Current Estimated Value
$72,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,833
Avg. Annual Appreciation
212.03%

Purchase Details

Closed on
Jun 29, 2018
Sold by
The Muskegon County Land Bank Authority
Bought by
Care A Lot Inc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Karadsheh Farouq and Karadsheh Wafa
Bought by
Bryco Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson Paul $1,500 None Available
Thompson Paul $1,500 None Available
Care A Lot Inc -- None Available
Bryco Group Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryco Group Llc $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,500 +50.0% --
12/06/2021 12/06/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $1,000 -- --
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 $235 $11,800 $0 $0
2024 $174 $3,800 $0 $0
2023 $199 $3,800 $0 $0
2022 $286 $3,800 $0 $0
2021 $288 $3,800 $0 $0
2020 $289 $3,800 $0 $0
2019 $289 $3,800 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $3,800 $0 $0
2014 -- $3,800 $0 $0
2013 -- $5,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21116151

Southwestern Michigan Association of REALTORS®

APN: 26-185-154-0012-00