NOT LISTED FOR SALE

50172 W Lakeshore Dr Dowagiac, MI 49047

Estimated Value: $205,000 - $327,479

4 Beds
4 Baths
1,008 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $62,500 $62 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $1,548/month

28 Days on Market

About This Home

As of July 2020

2 bedroom, 2 bath Raised Ranch near Michigan Lake!!! Enjoy the elongated front
deck perfect for entertaining guests, fireplace, and some hardwood flooring.
Home is in need of repairs but property has much life remaining. See the
potential in this hone!

Last Agent to Sell the Property

Summer Frazier

REALHOME SERVICES AND SOLUTIONS INC - I License #6502405342 Listed on: 06/10/2020

Last Buyer's Agent

Unrepresented Seller

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Heating
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Reserve Auction

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 220x52 irr
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1008.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1847.0
  • Tax Info:Zoning3: Res
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Auction Type:Reserve: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • Sewer None2: Yes
  • Water None6: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Slab
  • LivingArea: 1008.0
  • General Property Info:Stories2: 2.0
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Other
  • List Price: 48200.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: None
  • Heating: No
  • Sewer: None
  • Water Source: None

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 220x52 irr
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1847.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 16, 2020
Sold by
Hsbc Bank Usa Na
Bought by
Wunderlich Dean
Seller's Agent
Summer Frazier
REALHOME SERVICES AND SOLUTIONS INC - I
Buyer's Agent
Unrepresented Seller
Non-Member
List Price
$48,200
Sold Price
$62,500
Premium/Discount to List
$14,300
29.67%
Current Estimated Value
$262,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,620
Avg. Annual Appreciation
31.54%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Krebs Peter and Krebs Irene
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Jun 12, 2006
Sold by
Lindquist Joy
Bought by
Krebs Peter and Krebs Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
9.5%
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
Wunderlich Dean $62,500 Premium Title Services Inc
Hsbc Bank Usa Na $104,934 None Available
Krebs Peter $136,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krebs Peter $108,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $62,500 +29.7% $62 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $48,200 -- $48 / 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 $1,944 $74,100 $74,100 $0
2024 $406 $63,800 $63,800 $0
2023 $387 $41,900 $0 $0
2022 $368 $50,300 $0 $0
2021 $1,642 $37,100 $0 $0
2020 $363 $34,400 $0 $0
2019 $1,847 $33,200 $0 $0
2018 $385 $35,800 $0 $0
2017 $404 $37,600 $0 $0
2016 $452 $45,800 $0 $0
2015 -- $45,500 $0 $0
2011 -- $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20021068

Southwestern Michigan Association of REALTORS®

APN: 14-130-155-078-00