NOT LISTED FOR SALE

503 Hoffman St Powell, MI 49808

Estimated Value: $117,715 - $131,000

2 Beds
1 Bath
1,198 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $75,600 $63 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $689/month

68 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Wood Siding
  • Bathroom on Main Level
  • Forced Air Heating System
  • 4-minute walk to Perkins County Park

About This Home

As of September 2020

Charming!! DonA¢a‚¬a„¢t miss out on this cute, cozy home. The home has been meticulously maintained and is neat as a pin. The home has a spacious eat in kitchen with lots of counter space for food preparation. ThereA¢a‚¬a„¢s a space that is currently used as an office space but can be used as a dining area if you prefer. The tongue and groove walls in the living and dining space make the home feel very inviting -- a great place to nestle down and relax with a good book. The two bedrooms are both large; the master has two large closets with systems that maximize every inch of space. The bathroom is generous in size and has a large vanity and a walk-in shower. The home has vestibules in both entry points which helps to buffer the winter cold. ThereA¢a‚¬a„¢s extra storage space in the back vestibule for all those little extras. You can sit on your front porch and watch kids playing in the park across the street or you can use the park to entertain on a large scale. This is a low maintenance home. It has newer windows throughout (with a transferrable warranty), a new roof in 2003 (30 year shingles were installed) and a new gravity furnace in 2013. You have heat even when the power goes out! The home is an ideal age in place home with everything on one level A¢a‚¬a€œ beds, bath, laundry and kitchen. It is also a great starter home or would make a perfect rental property due to the low cost of ownership. To top it off, this cozy little home is situated just minutes from beautiful Lake Independence. Make your appt. to see this home today.

Last Agent to Sell the Property

Patricia Olson

SELECT REALTY License #UPAR Listed on: 05/11/2020

Last Buyer's Agent

LISA ELZINGA

KELLER WILLIAMS FIRST UP License #UPAR-6506048953

KELLER WILLIAMS FIRST UP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 52x140

Home Design

  • Wood Siding

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 52-11-500-028-00

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1912
  • Mail City: Big Bay
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 9 x 8
  • Kitchen: On 1st Floor, Dimensions: 11 x 10
  • Living Room: On 1st Floor, Dimensions: 11 x 16
  • Above Grade Finished Sq Ft: 1198
  • Total Finished Sq Ft: 1198

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Crawl
  • Road: City/County

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 52-11-500-028-00
  • Lot Dimensions: 52x140
  • Acreage: 0.07
  • Geo Subdivision: MI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Sep 18, 2020
Sold by
Moran Jean K
Bought by
Smale Glenn J and Smale Deborah A
Seller's Agent
Patricia Olson
SELECT REALTY
Buyer's Agent
LISA ELZINGA
KELLER WILLIAMS FIRST UP
List Price
$75,600
Sold Price
$75,600
Current Estimated Value
$124,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,758
Avg. Annual Appreciation
9.90%
Original Mortgage
$58,600
Outstanding Balance
$51,907
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,451

Purchase Details

Closed on
Jan 17, 1995
Bought by
Moran Jean
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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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
Smale Glenn J $75,600 Murphy F Gregory
Moran Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smale Glenn J $58,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $75,600 0.0% $63 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $75,600 -- $63 / Sq Ft
Source: Upper Peninsula 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 $471 $45,700 $0 $0
2024 $5 $41,000 $0 $0
2023 $289 $37,800 $0 $0
2022 $600 $29,400 $0 $0
2021 $585 $26,600 $0 $0
2020 $221 $29,400 $0 $0
2019 $218 $28,600 $0 $0
2018 $213 $23,500 $0 $0
2017 $209 $23,650 $0 $0
2016 $208 $21,400 $0 $0
2015 -- $21,400 $0 $0
2014 -- $21,200 $0 $0
2012 -- $22,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10039541

Upper Peninsula Association of REALTORS®

APN: 52-11-500-028-00