NOT LISTED FOR SALE

502 S University Ave Mount Pleasant, MI 48858

Estimated Value: $124,065 - $246,000

6 Beds
3 Baths
3,980 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $65,000 $16 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,496/month

38 Days on Market

Highlights

  • Porch
  • Level Lot
  • Wood Siding

About This Home

As of March 2012

THERE IS AN INCENTIVE AVAILABLE TO BUYER FROM THE CITY OF MT. PLEASANT THAT WANTS TO TURN THE HOUSE INTO A RESIDENCE. IN ORDER TO BE LICENSED AS ROOMING HOUSE IT MUST BE PURCHASED, AND INSPECTED BY THE FIRE DEPARTMENT AND ALL REPAIRS MUST BE DONE BY APRIL 30,2012. THIS HOUSE IS NOT WINTERIZED.

Last Agent to Sell the Property

Robin Stressman

PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES License #6502409992 Listed on: 01/31/2012

Co-Listed By

Linda Partlo

PPM REALTY License #6502399873

Last Buyer's Agent

Larry Bean

PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES License #6506038102

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 72 x 122
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,980 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Porch
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 1884
  • Construction: Frame
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1884

Interior Features

  • Appliances Equipment: No Appliances
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Number of Main Level Bathrooms: 1
  • Estimated Above Ground Finished Sq Ft: 3980
  • Estimated Below Grade Unfinished Sq Ft: 1501
  • Price Per Sq Ft: 16.33
  • Total Finished Sf Apx: 3980

Exterior Features

  • Exterior Features: Porch
  • Exterior Finish: Wood
  • Foundation: Full
  • Road: Blacktop

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating Cooling Types: Hot Water
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Schools

  • School District: Mount Pleasant City School District

Lot Info

  • Land Features: Level
  • Lot Dimensions: 72 X 122
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Tax Info

  • Summer Taxes: 4894.48
  • Taxable Value: 100380
  • Total Taxes: 6319.09
  • Winter Taxes: 1424.61
  • Year Summer: 2011
  • Year Winter: 2011

MLS Schools

  • School District: Mount Pleasant City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 9, 2012
Bought by
Quast Allison and Lents Michael
Seller's Agent
Robin Stressman
PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Buyer's Agent
Larry Bean
PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$205,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,266
Avg. Annual Appreciation
8.84%
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
Quast Allison $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2012 03/13/12 Sold $65,000 -5.8% $16 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $69,000 -- $17 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2024 $4,893 $87,100 $0 $0
2023 $4,893 $78,600 $0 $0
2021 $3,234 $78,600 $0 $0
2020 $365 $75,400 $0 $0
2019 $2,673 $71,400 $0 $0
2017 $3,049 $68,300 $0 $0
2016 $2,839 $63,600 $0 $0
2015 $3,974,913 $66,800 $0 $0
2014 -- $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1769354

Northern Great Lakes REALTORS® MLS

APN: 17-000-02-043-00