NOT LISTED FOR SALE

505 Riley St Dundee, MI 48131

Estimated Value: $198,000 - $210,000

3 Beds
1 Bath
1,284 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $122,000 $95 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,180/month

134 Days on Market

Highlights

  • River Front
  • 1.1 Acre Lot
  • Fenced Yard
  • Dundee Community High School Rated 9+
  • Deck
  • Laundry Room

About This Home

As of March 2019

River front home on 1 acre lot on Raisin River. This 3 bedroom home sits high up on a hill and does not need flood insurance. Back of property on the river is wooded and like a private camp ground or park. Home has many updates. Private park like setting. Appliances can be included with the sale of this home. Year built is estimated, actual year built is unknown. Possible Land Contract with minimum 10% down payment, subject to 3rd party approval.

Last Agent to Sell the Property

Mike Sprott

Real Estate Solutions/MI, LLC - Temperance License #MCAR-6502139835 Listed on: 07/29/2018

Last Buyer's Agent

Sheila Bussell

Key Realty One LLC - Roessler License #MCAR-6505366134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 50 x 954
  • River Front
  • Rural Setting
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Metal Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42-040-391-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1370.05
  • Year Built: 1940
  • Mail City: Dundee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 14
  • Bedroom 2: On Main Floor, Dimensions: 11 x 9
  • Bedroom 3: On Main Floor, Dimensions: 10 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Laundry, Utility/Laundry Room
  • Dining Room: On Main Floor, Dimensions: 11 x 11
  • Kitchen: On Main Floor, Dimensions: 12 x 8
  • Library Den: On Upper Floor, Dimensions: 9 x 14
  • Living Room: On Main Floor, Dimensions: 16 x 11
  • Other Room1: Dimensions: 10x6, On Level: Main
  • Above Grade Finished Sq Ft: 1284
  • Total Finished Sq Ft: 1284

Exterior Features

  • Exterior: Aluminum, Metal Siding
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Crawl
  • Frontage: 50
  • Water Features: River Frontage, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Off Street
  • Garage: No

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: 42-040-391-00
  • Lot Dimensions: 50 x 954
  • Acreage: 1.1
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2017, Amount: $326.36
  • Winter Tax: Year: 2017, Amount: $1,043.69
  • Total Tax: Amount: $1,370.05

MLS Schools

  • School District: Dundee Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2018
Closed on
Mar 6, 2019
Sold by
Weeman Erick W
Bought by
Larson Brynn S
Seller's Agent
Mike Sprott
Real Estate Solutions/MI, LLC - Temperance
Buyer's Agent
Sheila Bussell
Key Realty One LLC - Roessler
List Price
$159,900
Sold Price
$122,000
Premium/Discount to List
-$37,900
-23.7%
Current Estimated Value
$205,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,325
Avg. Annual Appreciation
7.85%
Original Mortgage
$121,212
Outstanding Balance
$105,696
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$99,629
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
Larson Brynn S $122,000 Hassett Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Brynn S $121,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2019 03/05/19 Sold $122,000 -5.4% $95 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $129,000 -7.2% $100 / Sq Ft
10/22/2018 10/22/18 Price Changed $139,000 -7.3% $108 / Sq Ft
09/15/2018 09/15/18 Price Changed $149,900 -6.3% $117 / Sq Ft
07/29/2018 07/29/18 For Sale $159,900 -- $125 / 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 $1,407 $77,760 $77,760 $0
2024 $1,258 $73,120 $0 $0
2023 $612 $56,040 $0 $0
2022 $1,061 $56,040 $0 $0
2021 $2,301 $54,160 $0 $0
2020 $1,907 $32,990 $0 $0
2019 $635 $32,990 $0 $0
2018 $1,714 $34,330 $0 $0
2017 $1,651 $34,330 $0 $0
2016 $1,350 $32,410 $0 $0
2015 $1,343 $29,310 $0 $0
2014 $1,085 $29,310 $0 $0
2013 $890 $28,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Sprott

    Seller's Agent in 2019

    Mike Sprott

    Real Estate Solutions/MI, LLC - Temperance

    (734) 755-1717

    2 in this area

    230 Total Sales

    Mike Sprott
    Section Image
  • Sheila Bussell

    Buyer's Agent in 2019

    Sheila Bussell

    Key Realty One LLC - Roessler

    (734) 755-6450

    128 Total Sales

    Sheila Bussell
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 21483004

Michigan Multiple Listing Service

APN: 42-040-391-00

Michigan Monroe County Dundee 48131

505 Riley St, Dundee, MI

Not Listed for Sale

Detached

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