NOT LISTED FOR SALE

503 Fairway Cove Tecumseh, MI 49286

Estimated Value: $136,000 - $163,000

2 Beds
2 Baths
1,013 Sq Ft
$250/mo HOA Fee

Last Sold October 25, 2021

Last sale price $124,900 $123 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,292/month

21 Days on Market

Highlights

  • On Golf Course
  • Ranch Style House
  • Bathroom on Main Level
  • Deck
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

FIRST FLOOR IMMACULATE CONDOMINIUM includes a 23x21 deck area approaching front door and golf course view from 10x12 rear deck. Long time owner is moving out-of-state and gives rave reviews of this Tecumseh city location & setting with peaceful, beautiful view of Tecumseh Golf Club and nature year-round. 1 car carport within few steps of the front door, 1013 sq ft, 2 bedrooms, 2 full baths, laundry closet includes the washer & dryer, 19x13 Living room provides room for a dining area and is open to the kitchen with counter bar, appliances included. Wood-look flooring totally throughout, furnace and central air (5 yr old), exterior storage closet, large bedroom closets, weekly trash pickup and recycling cost included in property taxes. Serene, private drive entry and private location. $250.00 monthly association fee. Association President is currently receiving bids to have the buildings painted/stained in 2022.

Last Agent to Sell the Property

Jan Hammond

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502136069 Listed on: 09/03/2021

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Robert Fox

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502134917

Howard Hanna Real Estate Services-Tecumseh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • Street terminates at a dead end

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,013 Sq Ft Home
  • Ceiling Fan
  • Entryway
  • Living Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener Leased
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number XTO-885-2503-00

Community Details

Overview

  • Association fees include hoa, ground maintenance, snow removal, maintenance structure
  • Mike Maloney, President HOA
  • Country Club Condominiums Subdivision
  • Maintained Community

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,837

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1836.88
  • Year Built: 1979
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Leased
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 15 x 14
  • Bedroom 2: On 1st Floor, Dimensions: 14 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: Entry, First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Living Room, Primary Bedroom, Primary Bathroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Kitchen: On 1st Floor, Dimensions: 13 x 8
  • Laundry: On 1st Floor, Dimensions: 5 x 3
  • Living Room: On 1st Floor, Dimensions: 20 x 14
  • Above Grade Finished Sq Ft: 1013
  • Total Finished Sq Ft: 1013

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Foundation: Crawl
  • Road: Paved Street, Private Road

Garage/Parking

  • Garage: Carport
  • Garage Spaces: 1
  • Parking: 1 Space, Covered Parking
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Hoa, Maintenance Grounds, Snow Removal, Maintenance Structure
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • Community Features: Grounds Maintenance, Some Pet Restrictions, Private Entry
  • Association Contact: Mike Maloney, President
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: XTO-885-2503-00
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, On Golf Course, Dead End, On Golf Course

Rental Info

  • Pet Restriction: Number Limit, Size Limit

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,592.83
  • Winter Tax: Year: 2020, Amount: $244.05
  • Taxable Value: 41263
  • Total Tax: Amount: $1,836.88
  • SEV Year: 2021

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 25, 2021
Sold by
Downing Jeffrey A
Bought by
Francis Arthur C and Framcos Christine
Seller's Agent
Jan Hammond
Howard Hanna Real Estate Services-Tecumseh
Buyer's Agent
Robert Fox
Howard Hanna Real Estate Services-Tecumseh
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$153,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,068
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Graner Kenneth C and Grauer Joann
Bought by
Downing Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Francis Arthur C $124,900 None Available
Downing Jeffrey A $98,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downing Jeffrey A $475,675
Previous Owner Downing Jefferey A $10,000
Previous Owner Downing Jeffrey A $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $124,900 0.0% $123 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $124,900 -- $123 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,384 $65,300 $0 $0
2024 $2,017 $61,600 $0 $0
2023 $2,345 $58,200 $0 $0
2022 $2,499 $61,400 $0 $0
2021 $1,840 $48,100 $0 $0
2020 $1,823 $43,800 $0 $0
2019 $1,791 $43,700 $3,300 $40,400
2017 $1,727 $39,000 $500 $38,500
2016 $1,822 $42,800 $500 $42,300
2014 $1,710 $38,800 $0 $38,800
Source: Public Records

Agents Affiliated with this Home

  • Jan Hammond

    Seller's Agent in 2021

    Jan Hammond

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-0122

    65 in this area

    104 Total Sales

    Section Image
  • Robert Fox

    Buyer's Agent in 2021

    Robert Fox

    Howard Hanna Real Estate Services-Tecumseh

    (517) 605-5206

    103 in this area

    203 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50054324

Michigan Multiple Listing Service

APN: XT0-885-2503-00

Michigan Lenawee County Tecumseh 49286

503 Fairway Cove, Tecumseh, MI

This home is located at 503 Fairway Cove, Tecumseh, MI 49286 since 03 September 2021 and is currently estimated at $151,286, approximately $149 per square foot. This property was built in 1979. 503 Fairway Cove is a home located in Lenawee County with nearby schools including Tecumseh Middle School, Herrick Park Intermediate Learning Center, and Tecumseh High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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