NOT LISTED FOR SALE

501 Elsa St Muskegon, MI 49445

Estimated Value: $210,000 - $254,000

3 Beds
1 Bath
1,524 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $66,275 $43 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,457/month

9 Days on Market

Highlights

  • Shed
  • Hot Water Heating System
  • 1-minute walk to East End Park
  • North Muskegon Middle School Rated A-
  • 1-Story Property

About This Home

As of May 2015

Nice little stick built home in the City of North Muskegon. Home has 3 bedrooms and 1 bath. Hardwood floors throughout the main floor. HUD HOMES SOLD AS IS. WWW.CITYSIDECORP.COM FOR BIDDING INFO. FHA 263-416890- FHA INSURABILITY CODE. LEAD BASED PAINT NOTICES. UP TO 3% COMM TO SELLING BRKR. ACCESS W/HUD KEY SHOW ANYTIME. NEW HOMES EACH DAY. Buyer to verify all information. Buyer to verify all information. Buyer needs to have home re-keyed day of closing. No keys will be provided to buyers. Only approved FHA appraisers and inspectors are allowed in the home without the Buyer’s Agent being present. There are penalties involved. The properties are being checked by local Field Service Managers. No repairs to be done prior to closing. Subject to an appraisal.

Last Agent to Sell the Property

Jeff Nutt

RE/MAX River Valley License #6502431040 Listed on: 03/23/2015

RE/MAX River Valley

Last Buyer's Agent

Sandi Gentry

RE/MAX Lakeshore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1524.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2370.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1092.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1524.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 432.0
  • Basement Rooms:Total Basement SQFT: 864.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 432.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 72000.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 60 x 125
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2370.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 30, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Vanderstelt Nadine and Vanderstelt Timothy
Seller's Agent
Jeff Nutt
RE/MAX River Valley
Buyer's Agent
Sandi Gentry
RE/MAX Lakeshore
List Price
$72,000
Sold Price
$66,275
Premium/Discount to List
-$5,725
-7.95%
Current Estimated Value
$231,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,314
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Developmen

Purchase Details

Closed on
Nov 9, 2012
Sold by
Arnold Joel
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 9, 2004
Sold by
Utzinger David P and Utzinger David R
Bought by
Arnold Joel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
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
Vanderstelt Nadine $66,275 Chicago Title
Department Of Housing & Urban Developmen $111,499 Rei
Bank Of America Na -- Rei
Arnold Joel C -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderstelt Timothy $60,000
Closed Vanderstelt Timothy $26,000
Previous Owner Arnold Joel C $111,499
Previous Owner Arnold Joel C $33,388
Previous Owner Arnold Joel C $28,668
Previous Owner Arnold Joel C $20,000
Previous Owner Arnold Joel C $79,900
Previous Owner Arnold Joel C $10,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $66,275 -8.0% $43 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $72,000 -- $47 / Sq Ft
Source: Southwestern Michigan Association 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 $2,273 $92,500 $0 $0
2024 $660 $80,200 $0 $0
2023 $630 $72,900 $0 $0
2022 $2,056 $61,300 $0 $0
2021 $2,011 $54,800 $0 $0
2020 $1,985 $52,300 $0 $0
2019 $1,905 $49,500 $0 $0
2018 $1,863 $45,900 $0 $0
2017 $1,858 $45,900 $0 $0
2016 $494 $42,200 $0 $0
2015 -- $37,100 $0 $0
2014 -- $37,900 $0 $0
2013 -- $36,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15011942

Southwestern Michigan Association of REALTORS®

APN: 23-570-008-0001-00