NOT LISTED FOR SALE

502 E Michigan St Reading, MI 49274

Estimated Value: $134,000 - $162,019

4 Beds
2 Baths
1,577 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $77,500 $49 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $835/month

112 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of March 2020

This home has it all, 4 bedrooms, 2 full baths, Living room, family room, dinning room and separate kitchen, large 2 car attached garage, enclosed entryway, deck and large yard & new gas furnace with Central Air.This home has been in the same family for many years, redecorate to your choosing and have the ideal home located between elementary and Jr/Sr high school.

Last Agent to Sell the Property

Joe Sanford

CENTURY 21 Affiliated Listed on: 10/08/2019

Last Buyer's Agent

Lori Rubley

CENTURY 21 Affiliated License #6501392561

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 160

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,577 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 50.54
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 X 160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1577.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 860.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 1577.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1577.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 644.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 79700.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 100 X 160
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 860.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Mar 11, 2020
Sold by
Ryan Jerry E and Supinsky Susan L
Bought by
Strong David W
Seller's Agent
Joe Sanford
CENTURY 21 Affiliated
Buyer's Agent
Lori Rubley
CENTURY 21 Affiliated
List Price
$79,900
Sold Price
$77,500
Premium/Discount to List
-$2,400
-3%
Current Estimated Value
$144,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,755
Avg. Annual Appreciation
11.27%
Original Mortgage
$78,282
Outstanding Balance
$69,330
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$74,925

Purchase Details

Listed on
Oct 8, 2019
Closed on
Mar 2, 2020
Sold by
Ryan Donna
Bought by
Ryan Jerry E and Supinsky Susan L
Seller's Agent
Joe Sanford
CENTURY 21 Affiliated
Buyer's Agent
Lori Rubley
CENTURY 21 Affiliated
List Price
$79,900
Sold Price
$77,500
Premium/Discount to List
-$2,400
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,282
Outstanding Balance
$69,330
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$74,925

Purchase Details

Closed on
May 1, 2012
Sold by
Ryan Donna
Bought by
Ryan Jerry E and Supinsky Susan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Strong David W $77,500 Public Title Company
Ryan Jerry E -- None Available
Ryan Jerry E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong David W $78,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $77,500 -3.0% $49 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $79,900 -- $51 / 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 $970 $61,200 $0 $0
2024 $9 $59,300 $0 $0
2023 $905 $45,000 $0 $0
2022 $1,381 $37,200 $0 $0
2021 $1,344 $35,500 $0 $0
2020 $923 $31,100 $0 $0
2019 $894 $30,000 $0 $0
2018 $859 $28,500 $0 $0
2017 $833 $27,500 $0 $0
2016 $826 $27,000 $0 $0
2015 $529 $27,000 $0 $0
2013 -- $21,810 $0 $0
2012 $523 $22,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joe Sanford

    CENTURY 21 Affiliated

  • Lori Rubley

    Buyer's Agent in 2020

    Lori Rubley

    CENTURY 21 Affiliated

    (517) 212-5926

    168 Total Sales

    Lori Rubley
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Map

Source: MichRIC

MLS Number: 19049231

MichRIC

APN: 20-075-001-011

Michigan Hillsdale County Reading 49274

502 E Michigan St, Reading, MI

Not Listed for Sale

Detached

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