NOT LISTED FOR SALE

505 Albee Ln Midland, MI 48640

Estimated Value: $212,000 - $226,000

3 Beds
2 Baths
1,509 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $185,000 $123 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,359/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Wood Siding
  • Jefferson Middle School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

AMAZING ON ALBEE! Are you on the hunt for a spacious ranch style home with a large fully fenced backyard and convenient location for commuting, well look no further. Nestled in a quiet neighborhood just minuets from Midland and featuring 1,509 sq ft of updated main floor living space, three bedrooms and two full bathrooms, plus an additional apx 800 sq ft of unfinished space in the basement, this home has so much to offer! New kitchen appliances were the perfect completion to the white and bright kitchen, the formal dining room, located right off of the kitchen offers a wonderful separate space to enjoy your meals. Throughout the home you will appreciate the gorgeous hardwood floors as well as the fresh paint, new fixtures and recently tiled main floor bathroom. The living room is a large open space that floods with natural light and offers ample room to relax or entertain. The master bedroom has an en-suite bathroom with exceptional storage, not to mention the sliding door leading to the private backyard. The second bedroom is of ample size and offers plenty of closet space. Last but far from least is the third bedroom, currently used as a dressing room and workout room, offers so may options for use! Large double closets with new closet organizers provide even more storage for the space. Also included with the home is the cutting edge Vivint Security System, the system can be controlled directly from your phone or via the LCD panel in-house, it is an all in one system that enables you to lock and unlock doors and even adjust your thermostat all while offering the comfort of auto contact to fire and police in case of emergency situations. This beauty will not last, call today to schedule your private showing!

Last Agent to Sell the Property

Dasia Barnhart

Modern Realty License #SBR-6501392492 Listed on: 03/16/2023

Modern Realty

Last Buyer's Agent

Joshua Brewer

Modern Realty License #SBR-6501426497

Modern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 110x180

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,509 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14-18-40-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,154

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2153.77
  • Total Tax Year: 2022
  • Year Built: 1939
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 14
  • Bedroom 2: On Main Floor, Dimensions: 11 x 13
  • Bedroom 3: On Main Floor, Dimensions: 11 x 16
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Room Types: First Flr Primary Bedroom, Primary Bedroom
  • Dining Room: On Main Floor, Dimensions: 10 x 12
  • Kitchen: Dimensions: 9 x 9
  • Living Room: On Main Floor, Dimensions: 16 x 18
  • Below Grade Sq Ft: 800
  • Above Grade Finished Sq Ft: 1509
  • Total Finished Sq Ft: 1509

Exterior Features

  • Exterior: Wood
  • Foundation: Partial Basement
  • Frontage: 110
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 14-18-40-048
  • Zoning: Residential
  • Lot Dimensions: 110x180
  • Acreage: 0.45
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,659.53
  • Winter Tax: Year: 2022, Amount: $494.24
  • Total Tax: Year: 2022, Amount: $2,153.77

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 27, 2023
Sold by
Bess Emma
Bought by
Knapp Rebecca Marie and Knapp Jonathan
Seller's Agent
Dasia Barnhart
Modern Realty
Buyer's Agent
Joshua Brewer
Modern Realty
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
124
Current Estimated Value
$217,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,021
Avg. Annual Appreciation
6.00%
Original Mortgage
$148,000
Outstanding Balance
$144,040
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$72,981

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 11, 2022
Sold by
Pockrandt Kayla L
Bought by
Bess Emma
Seller's Agent
Dasia Barnhart
Modern Realty
Buyer's Agent
Dasia Barnhart
Modern Realty
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$154,850
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2016
Closed on
Feb 13, 2017
Sold by
Wikoff Karen Joy
Bought by
Hearns Kayla
Seller's Agent
Angela Mira
Modern Realty
Buyer's Agent
Dasia Barnhart
Modern Realty
List Price
$119,900
Sold Price
$112,800
Premium/Discount to List
-$7,100
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knapp Rebecca Marie $185,000 Diversified National Title
Bess Emma $163,000 Diversified National Title
Hearns Kayla $112,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Rebecca Marie $148,000
Previous Owner Bess Emma $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $185,000 +5.7% $123 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $175,000 +7.4% $116 / Sq Ft
04/11/2022 04/11/22 Sold $163,000 +1.9% $108 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $159,900 +41.8% $106 / Sq Ft
02/13/2017 02/13/17 Sold $112,800 -5.9% $75 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $119,900 -- $79 / 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 $2,816 $91,600 $0 $0
2024 $2,189 $69,200 $0 $0
2023 $1,855 $58,600 $0 $0
2022 $2,154 $62,400 $0 $0
2021 $2,076 $50,300 $0 $0
2020 $2,215 $53,800 $0 $0
2019 $2,164 $53,300 $12,500 $40,800
2018 $2,096 $59,800 $12,500 $47,300
2017 -- $49,800 $12,500 $37,300
2016 $1,876 $47,700 $12,500 $35,200
2012 -- $53,700 $12,500 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103459

Michigan Multiple Listing Service

APN: 14-18-40-048