NOT LISTED FOR SALE

505 Norbert Ln Hemlock, MI 48626

Estimated Value: $248,000 - $310,000

3 Beds
2 Baths
1,832 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $100,800 $55 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,570/month

153 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

As of February 2014

HUD Home. Price Reduced. This 3 Bedroom, 2 Bath home built in 1999 is just East of Hemlock. Hardwood floors, Andersen Windows and a huge 14 x 23 Bonus Room are just a few of the quality features of this home. A covered front porch and a deck in the private backyard are some of the outdoor amenities.

Last Agent to Sell the Property

David Nicklyn

Century 21 Signature Realty License #SBR-6506046952 Listed on: 08/09/2013

Century 21 Signature Realty

Last Buyer's Agent

Coty Lewis

NextHome Greater Tri-cities License #SBR-6502432123

NextHome Greater Tri-cities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90 x 132

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22-12-2-26-3214-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Disposal
  • Basement: Yes
  • Basement: Block, Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On 1st Floor, Dimensions: 12 x 10
  • Kitchen: On 1st Floor, Dimensions: 10 x 9
  • Living Room: On 1st Floor, Dimensions: 20 x 15
  • Other Room1: Dimensions: 23x14, On Level: Second
  • Above Grade Finished Sq Ft: 1832
  • Total Finished Sq Ft: 1832

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Tankless Hot Water
  • Cooling: Central A/C

Schools

  • High School: Hemlock Schools

Lot Info

  • Assessor Parcel Number: 22-12-2-26-3214-000
  • Lot Dimensions: 90 X 132
  • Acreage: 0.27
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $700.00
  • Winter Tax: Year: 2012, Amount: $1,164.00
  • Taxable Value: 63900
  • SEV Year: 2013

MLS Schools

  • School District: Hemlock Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Feb 27, 2014
Sold by
Secretary Of Housing And Urban Developme
Bought by
Rasche Eugene and Walle Barbara
Seller's Agent
David Nicklyn
Century 21 Signature Realty
Buyer's Agent
Coty Lewis
NextHome Greater Tri-cities
List Price
$109,440
Sold Price
$100,800
Premium/Discount to List
-$8,640
-7.89%
Current Estimated Value
$273,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,966
Avg. Annual Appreciation
8.76%
Original Mortgage
$108,922
Interest Rate
4.97%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2012
Sold by
Bank Of America
Bought by
Secreatary Of Housing And Urban Developm

Purchase Details

Closed on
Jan 25, 2012
Sold by
Murphy Mashue Lynn and Mashue Lynn Ann
Bought by
Mashue Steven D

Purchase Details

Closed on
Oct 9, 2001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,800
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2000
Sold by
Turner Gary L and Turner Judith A
Bought by
Tallon Brian M and Tallon Pauline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1999
Sold by
Baumann Kathaleen
Bought by
Turner Gary L and Turner Judith A
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
Rasche Eugene $100,850 First American Title Ins Co
Secreatary Of Housing And Urban Developm -- --
Mashue Steven D -- --
-- $143,500 --
Mashue Steven D $143,500 --
Tallon Brian M $138,000 --
Turner Gary L $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasche Eugene $90,000
Closed Rasche Eugene $108,922
Previous Owner Mashue Steven D $71,800
Previous Owner Tallon Brian M $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $100,800 -7.9% $55 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
08/09/2013 08/09/13 For Sale $109,440 -- $60 / 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 $936 $144,000 $0 $0
2024 $936 $132,300 $0 $0
2023 $892 $120,000 $0 $0
2022 $2,811 $97,200 $0 $0
2021 $2,581 $88,300 $0 $0
2020 $2,507 $85,700 $0 $0
2019 $2,316 $70,400 $5,000 $65,400
2018 $719 $70,400 $0 $0
2017 $2,103 $65,700 $0 $0
2016 $2,023 $64,900 $0 $0
2014 -- $60,000 $0 $54,600
2013 -- $63,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20367177

Michigan Multiple Listing Service

APN: 22122263214000