NOT LISTED FOR SALE

501 38th St Allegan, MI 49010

Estimated Value: $252,000 - $374,194

4 Beds
1.5 Baths
1,696 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $89,900 $53 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $1,935/month

9 Days on Market

Highlights

  • 40 Acre Lot
  • Pole Barn
  • 2 Car Attached Garage
  • Deck
  • Farmhouse Style Home
  • Forced Air Heating System

About This Home

As of May 2014

This property is eligible under the Freddie Mac First Look Initiative through 04/27/2014. Please see HomeSteps.com for the countdown clock and further details. Wow!! Are you ready for 40 acres and a project home? This home has a nice setting with a large 3 bedroom home. The home will need some work but it has a large open floor plan. There are some nice hard wood floors. The roof appears to be newer. There is a large pole barn on the property. The 40 acres appears to have many trees and paths to explore! To learn more about properties like this one, please google aresmi.com and then call for your showing!

Last Agent to Sell the Property

Gail Mitchell

Advanced Real Estate Services Listed on: 04/07/2014

Last Buyer's Agent

Michael Wisniewski

Realty Michigan LLC License #6501318281

Realty Michigan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1920

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 660 x 2640

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 660 X 2640
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1696.0
  • Tax Info:Annual Property Tax: 1981.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1696.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1696.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 848.0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 89900.0
  • Other Structures: Pole Barn
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Oil: Yes

Lot Info

  • Lot Size Acres: 40.0
  • Lot Size Area: 40.0
  • Lot Dimensions: 660 X 2640
  • Lot Size Sq Ft: 1742400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1981.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 30, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Glennemeier Jennifer
Seller's Agent
Gail Mitchell
Advanced Real Estate Services
Buyer's Agent
Michael Wisniewski
Realty Michigan LLC
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$310,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,899
Avg. Annual Appreciation
11.47%
Original Mortgage
$121,603
Outstanding Balance
$94,370
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$216,429

Purchase Details

Closed on
Jul 18, 2013
Sold by
Wartella Michael and Watella Patricia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 17, 2010
Sold by
Wartella Michael and Wartella Patricia
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 26, 1994
Bought by
Maurer and Wartella
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
Glennemeier Jennifer $89,900 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $120,000 None Available
Federal Home Loan Mortgage Corp $113,935 None Available
Maurer $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glennemeier Jennifer $121,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $89,900 0.0% $53 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $89,900 -- $53 / Sq Ft
Source: MichRIC

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 $3,603 $163,200 $92,000 $71,200
2024 -- $133,900 $75,000 $58,900
2023 $2,415 $115,900 $67,500 $48,400
2022 $2,415 $100,900 $59,300 $41,600
2021 $2,415 $95,400 $59,300 $36,100
2020 $2,415 $99,900 $71,100 $28,800
2019 $2,893 $93,700 $67,200 $26,500
2018 $2,893 $68,700 $43,500 $25,200
2017 $0 $63,400 $39,500 $23,900
2016 $0 $54,000 $35,600 $18,400
2015 -- $54,000 $35,600 $18,400
2014 -- $64,700 $39,500 $25,200
2013 -- $60,800 $36,400 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14015870

MichRIC

APN: 03-024-011-00