NOT LISTED FOR SALE

501 Walnut St Howard City, MI 49329

Estimated Value: $267,000 - $318,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold September 13, 2012

Last sale price $85,000

Est. 242% increase in value since last sale

Current estimated payment $1,764/month

57 Days on Market

About This Home

As of September 2012

Newer bi-level style duplex within the Village of Howard City. Each unit features 2 bedroom, 1 bath, kitchen, living room and 1 car detached garage. Good rental opportunity or live in 1 unit and rent out the other for a monthly income. Close to 131 expressway. Home is eligilbe under Freddie Mac First Look Initiative through July 11, 2012, where only owner occupant offer will be considered.

Last Agent to Sell the Property

Marcy Myers

Your Team Realty License #6502324643 Listed on: 06/26/2012

Last Buyer's Agent

Tammy Jo Budzynski

Keller Williams GR North (Main) License #6506043034

Keller Williams GR North (Main)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2004

Lot Details

  • 0.3

Parking

  • 4 Parking Spaces

Additional Features

  • 0.3 Acre Lot
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 89000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3817.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Sep 13, 2012
Sold by
Mac Freddie
Bought by
Jordan Rick and Jordan Yvonne
Seller's Agent
Marcy Myers
Your Team Realty
Buyer's Agent
Tammy Jo Budzynski
Keller Williams GR North (Main)
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Current Estimated Value
$290,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,833
Avg. Annual Appreciation
10.19%
Original Mortgage
$63,750
Outstanding Balance
$11,448
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$288,820

Purchase Details

Closed on
Nov 17, 2011
Sold by
Crater Kyle D and Crater Tricia D
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 25, 2011
Sold by
Hall Steven and Hall Nicole
Bought by
Crater Kyle and Crater Tricia

Purchase Details

Closed on
Apr 17, 2008
Sold by
Crater Kyle
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Crater Tricia
Bought by
Hall Nicole

Purchase Details

Closed on
Mar 29, 2005
Sold by
Crater Vern J
Bought by
Crater Vern J and Crater Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Crater Tricia
Bought by
Crater Vern J and Crater Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2001
Sold by
Savickas Joseph
Bought by
Crater Vern
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jordan Rick $85,000 --
Federal Home Loan Mortgage Corp $120,157 --
Crater Kyle -- --
Avelo Mortgage Llc $175,000 None Available
Hall Nicole $212,000 Prime Title Services Llc
Crater Tricia -- Prime Title Services Llc
Hall Nicole $212,000 --
Crater Tricia -- --
Crater Vern J -- Independent Title Svcs Inc
Crater Vern J -- --
Crater Vern J -- Crowne Title Agency
Crater Tricia -- Crowne Title Agency
Crater Vern $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Rick $63,750
Previous Owner Crater Vern J $130,200
Previous Owner Crater Tricia $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $85,000 -14.9% --
08/22/2012 08/22/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $99,900 -- --
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 $2,295 $156,400 $0 $0
2024 $2,297 $142,900 $0 $0
2023 -- $119,300 $0 $0
2022 -- $98,200 $0 $0
2021 -- $73,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12035652

Southwestern Michigan Association of REALTORS®

APN: 047-236-002-00