NOT LISTED FOR SALE

5005 Merwin Rd Lapeer, MI 48446

Estimated Value: $295,400 - $334,000

3 Beds
1 Bath
1,148 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $113,920 $99 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,711/month

7 Days on Market

Highlights

  • 10 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Ranch Style House

About This Home

As of March 2016

Snuggle up in this adorable ranch home situated on 10 beautiful Lapeer County Acres!! Hardwood flooring, neutral color schemes and a serene private location. Quick commute to Lapeer! 3 bedrooms and 1 bathroom are awaiting your final touches to make this home just in time for spring! HUD home sold As Is by Electronic Bid only.

Last Agent to Sell the Property

Jason Stone

Realty Executives Five Lakes License #MISPE-6502357197 Listed on: 01/25/2016

Last Buyer's Agent

Julie Dral

Town & Country Realty-Lexington License #MISPE-6501282758

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1968

Lot Details

  • 10 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,148 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 00802802800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 1968

Lot Details

10 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 12
  • Bedroom 2: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3: On Entry Level, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Living Room: On Entry Level, Dimensions: 15 x 15
  • Above Grade Finished Sq Ft: 1148
  • Total Finished Sq Ft: 1148

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Gravel

Garage/Parking

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

Utilities

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

Lot Info

  • Assessor Parcel Number: 00802802800
  • Acreage: 10
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $590.00
  • Winter Tax: Amount: $675.00

MLS Schools

  • School District: Lapeer Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 29, 2016
Sold by
Housing And Urban Development
Bought by
Cleeton Tamela
Seller's Agent
Jason Stone
Realty Executives Five Lakes
Buyer's Agent
Julie Dral
Town & Country Realty-Lexington
List Price
$110,000
Sold Price
$113,920
Premium/Discount to List
$3,920
3.56%
Current Estimated Value
$302,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,445
Avg. Annual Appreciation
10.71%
Original Mortgage
$120,500
Outstanding Balance
$95,114
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$218,986

Purchase Details

Closed on
Jan 8, 2016
Sold by
Jpmorgan Chase Bank National Associat
Bought by
Housing And Urban Development

Purchase Details

Closed on
May 30, 2008
Sold by
Us Bank Na
Bought by
Wiese Johann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,846
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2006
Sold by
Lindblom Traci
Bought by
Mortgage Electronic Registration

Purchase Details

Closed on
Feb 8, 1996
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
Cleeton Tamela $113,920 --
Housing And Urban Development $133 --
Wiese Johann S $132,900 --
Mortgage Electronic Registration $168,900 --
Mortgage Electronic Registration $168,900 --
-- $95,000 --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleeton Tamela $120,500
Previous Owner Wiese Johann S $130,846
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $113,920 +3.6% $99 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $110,000 -- $96 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,857 $123,800 $0 $0
2024 $803 $124,900 $0 $0
2023 $767 $100,700 $0 $0
2022 $1,668 $84,000 $0 $0
2021 $1,527 $80,800 $0 $0
2020 $1,514 $78,100 $0 $0
2019 $1,556 $71,300 $0 $0
2018 $675 $71,000 $71,000 $0
2017 $1,510 $68,000 $0 $0
2016 $590 $67,200 $67,200 $0
2015 $1,209 $0 $0 $0
2014 $1,209 $60,700 $60,700 $0
2013 $1,209 $59,100 $59,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31277245

Michigan Multiple Listing Service

APN: 008-028-028-00

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