NOT LISTED FOR SALE

4977 Cornell Rd Okemos, MI 48864

Estimated Value: $302,000

2 Beds
2.5 Baths
1,104 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $470,000 $426 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $1,672/month

81 Days on Market

Highlights

  • Home fronts a creek
  • 28 Acre Lot
  • Farm
  • Cornell Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of May 2016

Opportunity awaits, Two additional Parcels included for 28AC+- see docs for additional Legal. Okemos Mail & Schools, Greenhouse operation with approx. 26000sqft under roof. comes with a ranch home with walkout basement. 1st floor is for home basement has been used as business office with attached access to greenhouses. Decking on 2 sides of home, larger 2 car garage with workshop & lean-to. Assorted fenced areas for numerous uses, garden, chickens, ect. The property is highlighted by stream and pond accessible by two wooden bridges. Wildlife abundant, the feeling of a rural landscape is everywhere while within minutes of Meridian Mall and MSU.

Last Agent to Sell the Property

Mihee Olsen

National Realty Centers, Inc License #6501256989 Listed on: 12/16/2015

National Realty Centers, Inc

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1986

Lot Details

  • 28 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Fenced
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Farming

  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 33020223126008

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,048

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch
  • Architecture Level: 1 Story
  • Year Built: 1986
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned)
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Interior Entry (Interior Access), Walkout Access
  • Kitchen Appliances: Disposal, Microwave
  • Sq Ft Combined: 2104
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1104
  • Sq Ft Total Bsmt: 1796

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 625
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Waterfront Description: Creek, Pond

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Electricity, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Okemos

Lot Info

  • Homestead: Yes
  • List Price per Acre: 18892.8571
  • Lot Features: Farm, Wooded
  • Lot Size Area: 28.00
  • Lot Dimensions: 765 x 1640 x 765 x 1640 approx
  • Parcel Number: 33020223126008

Tax Info

  • Tax Amount Summer: 3849.0000
  • Tax Amount Winter: 4199.0000
  • Total Tax: 8048.0000

MLS Schools

  • School District: Okemos

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
May 9, 2016
Sold by
Yon Kyu Hwan and Yon Gap Son
Bought by
Potterpin Investment Llc
Seller's Agent
Mihee Olsen
National Realty Centers, Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$529,000
Sold Price
$470,000
Premium/Discount to List
-$59,000
-11.15%
Current Estimated Value
$302,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,000

Purchase Details

Closed on
Jul 1, 1985
Bought by
Goldsmith Seeds Inc
Source: Public Records

Range of Values:

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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
Potterpin Investment Llc $470,000 None Available
Goldsmith Seeds Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potterpin Investments Llc $370,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $470,000 -11.2% $426 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $529,000 -- $479 / 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
2024 $48 $177,600 $82,400 $95,200
2023 $10,145 $155,400 $66,700 $88,700
2022 $9,609 $137,400 $60,400 $77,000
2021 $9,349 $130,900 $57,900 $73,000
2020 $9,381 $131,600 $57,900 $73,700
2019 $9,056 $128,800 $53,500 $75,300
2018 $9,808 $140,200 $53,500 $86,700
2017 $9,615 $143,000 $53,500 $89,500
2016 $3,255 $144,600 $53,500 $91,100
2015 $3,255 $144,500 $105,948 $38,552
2014 $3,255 $146,300 $105,948 $40,352
Source: Public Records

Agents Affiliated with this Home

  • Mihee Olsen

    Seller's Agent in 2016

    Mihee Olsen

    National Realty Centers, Inc

    (248) 867-0232

    10 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 215131366

Realcomp

APN: 02-02-23-126-008

Michigan Ingham County Okemos 48864

4977 Cornell Rd, Okemos, MI

This home is located at 4977 Cornell Rd, Okemos, MI 48864 since 16 December 2015 and is currently priced at $302,000, approximately $273 per square foot. This property was built in 1986. 4977 Cornell Rd is a home located in Ingham County with nearby schools including Cornell Elementary School, Kinawa School, and Chippewa Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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