NOT LISTED FOR SALE

4988 S Reese Rd Frankenmuth, MI 48734

Estimated Value: $205,000 - $232,381

3 Beds
2 Baths
1,368 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $113,500 $83 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,250/month

32 Days on Market

Highlights

  • Wood Flooring
  • 2.5 Car Detached Garage
  • Forced Air Heating System
  • List Elementary Rated A-
  • Tankless Water Heater

About This Home

As of May 2016

Nicely updated Frankenmuth country home. Newer hardwood floors, roof and paint, updated windows, electrical, kitchen, baths and more.

Last Agent to Sell the Property

Jeff Monchilov

JMW Real Estate License #SBR-6502370279 Listed on: 04/03/2016

Last Buyer's Agent

Jeff Monchilov

JMW Real Estate License #SBR-6502370279 Listed on: 04/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.41 Acre Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • <<microwave>>
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Frankenmuth Schools High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14-11-6-12-4003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,015

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2015
  • Year Built: 1920
  • Mail City: Frankenmuth
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceramic Floors, Hardwood Floors
  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Full
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On 1st Floor, Dimensions: 12 x 11
  • Family Room: On 1st Floor, Dimensions: 18 x 12
  • Kitchen: On 1st Floor, Dimensions: 11 x 10
  • Living Room: On 1st Floor, Dimensions: 13 x 11
  • Below Grade Sq Ft: 570
  • Above Grade Finished Sq Ft: 1368
  • Total Finished Sq Ft: 1368

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Tankless Hot Water

Schools

  • High School: Frankenmuth Schools

Lot Info

  • Assessor Parcel Number: 14-11-6-12-4003-000
  • Lot Dimensions: IRREG
  • Acreage: 0.41
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $580.60
  • Winter Tax: Year: 2016, Amount: $1,263.97
  • Taxable Value: 53113
  • Total Tax: Amount: $2,015.00
  • SEV Year: 2016

MLS Schools

  • School District: Frankenmuth School District
  • HighSchool: Frankenmuth Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2016
Closed on
May 11, 2016
Sold by
Hibbs Erin M and Hibbs Douglas J
Bought by
Rittmueller Ann A and Rittmueller R
Seller's Agent
Jeff Monchilov
JMW Real Estate
Buyer's Agent
Jeff Monchilov
JMW Real Estate
List Price
$119,000
Sold Price
$113,500
Premium/Discount to List
-$5,500
-4.62%
Current Estimated Value
$215,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,595
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Pires Kevin M
Bought by
Hibbs Douglas and Hibbs Erin

Purchase Details

Closed on
May 2, 2008
Sold by
Ham Douglas and Ham Terrie
Bought by
Pires Kevin and Pires Mary

Purchase Details

Closed on
May 13, 2003
Sold by
Ham Douglas K and Ham Terrie L
Bought by
Pires Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,275
Interest Rate
5.37%
Mortgage Type
FHA
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
Rittmueller Ann A $113,500 --
Hibbs Douglas $125,000 --
Pires Kevin -- --
Pires Kevin M $124,500 --
Pires Kevin M $124,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hibbs Douglas C $118,000
Previous Owner Pires Kevin M $123,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $113,500 -4.6% $83 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $119,000 -- $87 / Sq Ft
Source: Michigan Multiple Listing Service

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 $744 $87,700 $0 $0
2023 $709 $80,800 $0 $0
2022 $2,487 $74,400 $0 $0
2021 $2,278 $69,500 $0 $0
2020 $2,224 $65,000 $0 $0
2019 $2,120 $57,700 $0 $0
2018 $640 $58,400 $0 $0
2017 $2,061 $60,600 $0 $0
2016 $1,852 $56,900 $0 $0
2014 -- $55,800 $0 $48,600
2013 -- $55,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31285867

Michigan Multiple Listing Service

APN: 14116124003000