NOT LISTED FOR SALE

5000 Universal Dr Midland, MI 48640

Estimated Value: $179,261 - $226,000

2 Beds
1 Bath
1,092 Sq Ft
$160/mo HOA Fee

Last Sold May 14, 2021

Last sale price $127,000 $116 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,425/month

1 Day on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Forced Air Heating and Cooling System
  • Woodcrest Elementary School Rated A
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of May 2021

UNBELIEVABLE ON UNIVERSAL! Situated in the quaint and peaceful Raintree Condo neighborhood, this beautiful 2-bedroom, 1 bathroom end-unit condominium in the City of Midland is ready to provide you with the freedom of maintenance-free living! Boasting 1,100 sqft of living space, this home features an open-concept layout, a brand-new kitchen with granite counters, updated cabinetry, ceramic tile flooring, and breakfast bar, living room with hardwood flooring and a gas fireplace, generously sized bedrooms, and vaulted ceilings. Additional updates include a new furnace, hot water heater, and central air conditioning unit. The exterior is as lovely as the inside and features professional landscaping, a patio, and spacious yard area with the end-unit location of the home providing added privacy. Don’t miss out on this beautiful condo home! Call today to schedule a showing.

Last Agent to Sell the Property

Josh Cunningham

Modern Realty License #MBR-6501410970 Listed on: 04/06/2021

Modern Realty

Last Buyer's Agent

Logan Richetti

Modern Realty License #MBR-6502390936

Modern Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 4.44

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14-06-96-060

Community Details

Overview

  • Robert Koeppen HOA
  • Maintained Community

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Total Tax Amount: 2074.3
  • Total Tax Year: 2020
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 13 x 13
  • Bedroom 2: On Main Floor, Dimensions: 13 x 9
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 11 x 9
  • Kitchen: On Main Floor, Dimensions: 11 x 8
  • Kitchen Features: Formal Dining Room
  • Living Room: On Main Floor, Dimensions: 16 x 10
  • Above Grade Finished Sq Ft: 1092
  • Total Finished Sq Ft: 1092

Exterior Features

  • Exterior: Wood
  • Exterior Features: Street Lights
  • Foundation: Slab
  • Frontage: 9999
  • Road: City/County, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 160
  • HOA Fee Frequency: Monthly
  • HOA Fee Includes: Exterior Maintenance, Grounds Maintenance, Snow Removal
  • Community Features: Grounds Maintenance, Sidewalks, Street Lights
  • Association Contact: Robert Koeppen
  • Association Phone: 989-832-7357
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 14-06-96-060
  • Zoning: Residential
  • Location: Subdivision
  • Lot Dimensions: Irregular
  • Site Condo: Yes
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Number Limit

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,595.99
  • Winter Tax: Year: 2020, Amount: $478.31
  • Total Tax: Year: 2020, Amount: $2,074.30

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Jones William and Jones Katherine
Bought by
Jones William and Jones Katherine
Current Estimated Value
$205,565

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 14, 2021
Sold by
Burwick Kathy
Bought by
Jones William and Jones Katherine
Seller's Agent
Josh Cunningham
Modern Realty
Buyer's Agent
Logan Richetti
Modern Realty
List Price
$129,999
Sold Price
$127,000
Premium/Discount to List
-$2,999
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$93,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2019
Closed on
Mar 20, 2020
Sold by
Riha Randall J
Bought by
Bunvick Kathy
Seller's Agent
Barbara Rice
MID-LAND REALTORS
Buyer's Agent
Josh Cunningham
Modern Realty
List Price
$119,900
Sold Price
$110,500
Premium/Discount to List
-$9,400
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$30,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 22, 2014
Sold by
Dardas Gregory J
Bought by
Riha Alice M and Riha Randall J
Seller's Agent
Pat Devereaux
RE/MAX New Image Saginaw
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$93,500
Sold Price
$88,000
Premium/Discount to List
-$5,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 18, 2014
Sold by
Dardas Caroline M
Bought by
Dardas Gregory J
Seller's Agent
Pat Devereaux
RE/MAX New Image Saginaw
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$93,500
Sold Price
$88,000
Premium/Discount to List
-$5,500
-5.88%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Lees Priscilla F
Bought by
Dardas Gregory J

Purchase Details

Closed on
Mar 1, 2012
Sold by
Lees Priscilla F and Lees Robert N
Bought by
Lees David N and Schneider Stephanie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones William -- None Listed On Document
Jones William $127,000 None Available
Jones William $127,000 None Listed On Document
Bunvick Kathy $110,500 None Available
Riha Alice M $88,000 --
Dardas Gregory J -- --
Dardas Gregory J $85,000 --
Lees David N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones William $93,000
Previous Owner Bunvick Kathy $30,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $127,000 -2.3% $116 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $129,999 +17.6% $119 / Sq Ft
03/20/2020 03/20/20 Sold $110,500 -3.8% $101 / Sq Ft View Prior Sale
03/12/2020 03/12/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $114,900 -4.2% $105 / Sq Ft
12/30/2019 12/30/19 For Sale $119,900 0.0% $110 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $119,900 -3.3% $110 / Sq Ft
11/15/2019 11/15/19 For Sale $124,000 +40.9% $114 / Sq Ft
07/22/2014 07/22/14 Sold $88,000 -5.9% $81 / Sq Ft View Prior Sale
06/27/2014 06/27/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $93,500 -- $86 / Sq Ft
Source: Midland Board 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 $2,252 $63,800 $0 $0
2024 $1,751 $63,600 $0 $0
2023 $1,669 $57,300 $0 $0
2022 $2,937 $49,600 $0 $0
2021 $2,174 $52,800 $0 $0
2020 $2,074 $51,300 $0 $0
2019 $2,026 $48,900 $7,500 $41,400
2018 $2,006 $57,600 $7,500 $50,100
2017 $0 $49,200 $7,500 $41,700
2016 $1,941 $48,600 $7,500 $41,100
2012 -- $50,300 $15,000 $35,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50038113

Midland Board of REALTORS®

APN: 14-06-96-060