NOT LISTED FOR SALE

4940 E Exchange Rd Bancroft, MI 48414

Estimated Value: $241,000 - $268,000

4 Beds
1.5 Baths
1,900 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $235,000 $124 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,630/month

17 Days on Market

Highlights

  • Farmhouse Style Home
  • 2.5 Car Detached Garage
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2023

She's been updated and ready for her next family!
Clean and extremely well maintained over the years, new in 2021 Furnace/air conditioner, Water heater, Complete tear off of shingles & new 30 year roof installed. The home has lots of original hardwood floors throughout & coved plaster ceilings, very comfortable home. 2.5 Car garage with new electrical in it with carport on the back. All on just over 2 Acres with quick access to I-69.

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St LLC License #6501267690 Listed on: 04/14/2023

Realty Executives Main St LLC

Last Buyer's Agent

Zachary Hitch

KW Realty Livingston License #RCO-6501412035

KW Realty Livingston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900 | Remodeled in 2021

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 294x446x340

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0112640000600
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 1900 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Assessment: 45.00
  • Year Built: 1900
  • State Equalized Value: 86200.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block, Poured
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 109476.1900
  • Lot Size Area: 2.10
  • Lot Dimensions: 294x446x340
  • Parcel Number: 0112640000600

Tax Info

  • Tax Amount Summer: 994.0000
  • Tax Amount Winter: 1691.0000
  • Total Tax: 2685.0000
  • Taxable Value: 86200.0000

MLS Schools

  • School District: Durand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 29, 2023
Sold by
Trombley Shawna
Bought by
Shelton Ryan and Battle Jennifer
Seller's Agent
Paul Coulter
Realty Executives Main St LLC
Buyer's Agent
Zachary Hitch
KW Realty Livingston
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Views
140
Current Estimated Value
$259,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,664
Avg. Annual Appreciation
4.09%
Original Mortgage
$230,743
Outstanding Balance
$224,968
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$34,696

Purchase Details

Closed on
Mar 29, 2004
Sold by
Hales Cherie J and Hales Smith Cherie J
Bought by
Smith Edwin M and Hales Smith Cherie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shelton Ryan $235,000 None Listed On Document
Smith Edwin M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Ryan $230,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $235,000 +2.2% $124 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $229,900 +15.0% $121 / Sq Ft
11/09/2021 11/09/21 Sold $200,000 +11.2% $106 / Sq Ft View Prior Sale
10/01/2021 10/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $179,900 +35.3% $95 / Sq Ft
10/05/2018 10/05/18 Sold $133,000 0.0% $79 / Sq Ft View Prior Sale
10/05/2018 10/05/18 Sold $133,000 -5.0% $79 / Sq Ft View Prior Sale
08/24/2018 08/24/18 Pending -- -- --
08/24/2018 08/24/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $139,975 0.0% $83 / Sq Ft
08/08/2018 08/08/18 For Sale $139,975 0.0% $83 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $139,975 -- $83 / Sq Ft
Source: Realcomp

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 $3,226 $115,400 $0 $0
2024 $2,849 $106,500 $0 $0
2023 $1,044 $97,200 $0 $0
2022 $994 $86,200 $0 $0
2021 $2,058 $75,800 $0 $0
2020 $2,039 $69,900 $0 $0
2019 $1,921 $62,900 $0 $0
2018 $1,497 $62,200 $0 $0
2017 $1,433 $56,000 $0 $0
2016 -- $56,000 $0 $0
2015 -- $55,600 $0 $0
2014 $6 $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Coulter

    Seller's Agent in 2023

    Paul Coulter

    Realty Executives

    (810) 845-7756

    157 Total Sales

    Paul Coulter
    Section Image
  • Zachary Hitch

    Buyer's Agent in 2023

    Zachary Hitch

    KW Realty Livingston

    (810) 625-3638

    43 Total Sales

    Zachary Hitch
    Section Image

  • M

    Seller's Agent in 2021

    Morgan Beilfuss

    THE HOME OFFICE REALTY LLC

    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Carrier

    KW Realty Livingston

    (810) 227-5500

    7 Total Sales

    Michelle Carrier
    Section Image

  • J

    Seller's Agent in 2018

    Jeff McIntyre

    EXP Realty Owosso

    Section Image

  • G

    Buyer's Agent in 2018

    Greg Hebden

    Coldwell Banker Professionals

    Section Image
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Map

Source: Realcomp

MLS Number: 20230027560

Realcomp

APN: 011-26-400-006

Michigan Shiawassee County Bancroft 48414

4940 E Exchange Rd, Bancroft, MI

Not Listed for Sale

Detached

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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