NOT LISTED FOR SALE

503 E Michigan St Reading, MI 49274

Estimated Value: $116,000 - $202,000

3 Beds
2 Baths
1,546 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $145,000 $94 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $866/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Replacement Windows

About This Home

As of September 2023

Welcome to 503 E Michigan, a wonderful three bedroom, two full bath farmhouse in the city of Reading. This home has been extensively remodeled and is ready for new owners to call it home. Beyond the fresh paint, appliances, new electrical fixtures and flooring, this home has a brand new furnace, water heater, updated electrical service, and replacement vinyl windows. The main floor has plenty of space, with an updated kitchen with new stainless appliances and main floor laundry. Upstairs you will notice the tall ceilings and classic trim, with three large bedrooms and an additional full bathroom. Possession at closing!

Last Agent to Sell the Property

Kyle Sheerin

Independence Realty (Main) License #6506049372 Listed on: 07/14/2023

Last Buyer's Agent

Liza Graham

Southern Marsh Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66' x 165'

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1910
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66' x 165'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1546.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 543.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • General Property Info:SqFt Above Grade: 1546.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1546.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 612.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 145000.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66' x 165'
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 543.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 1, 2023
Sold by
Michigan St Property Llc
Bought by
Lee Anthony
Seller's Agent
Kyle Sheerin
Independence Realty (Main)
Buyer's Agent
Liza Graham
Southern Marsh Realty
List Price
$145,000
Sold Price
$145,000
Views
37
Current Estimated Value
$146,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,693
Avg. Annual Appreciation
0.56%
Original Mortgage
$146,464
Outstanding Balance
$143,323
Interest Rate
6.9%
Estimated Equity
$3,370

Purchase Details

Closed on
Apr 18, 2022
Sold by
Messenger Michael L and Messenger Sharon L
Bought by
Michigan St Property Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Anthony $145,000 Midstate Title
Michigan St Property Llc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Anthony $146,464
Closed Michigan St Property Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $145,000 0.0% $94 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $145,000 -- $94 / 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 $1,064 $29,300 $0 $0
2024 $665 $28,400 $0 $0
2023 $515 $21,900 $0 $0
2022 $543 $18,200 $0 $0
2021 $5 $17,400 $0 $0
2020 $525 $15,900 $0 $0
2019 $5 $15,200 $0 $0
2018 $494 $14,200 $0 $0
2017 $481 $13,100 $0 $0
2016 $476 $13,000 $0 $0
2015 $204 $13,000 $0 $0
2013 $198 $9,540 $0 $0
2012 $193 $9,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23024952

Southwestern Michigan Association of REALTORS®

APN: 20-075-001-013