NOT LISTED FOR SALE

505 W Prospect St Marshall, MI 49068

Estimated Value: $161,000 - $296,000

2 Beds
2 Baths
1,200 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $66,000 $55 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,536/month

202 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • 3-minute walk to Shearman School Playground
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2012

2 blocks N of the historic fountain, 5 minute walk downtown in historical district of Marshall but is not regulated by the historical society. 07 roof w/roof boards replaced. 09 40gal hot water heater. Bathroom remodeled 2010- cast iron tub, custom tile, stainless fixtures, new plumb, elec, built in shelves, sink & toilet. Updated kitchen 2010. New interior 6 panel oak solid core doors w/nickel finish hardware. Refinished hw floors, scratch resistant.

Last Agent to Sell the Property

Ann Byer

Coldwell Banker Metro Real Estate License #6505371182 Listed on: 02/10/2012

Coldwell Banker Metro Real Estate

Last Buyer's Agent

Ann Byer

Coldwell Banker Metro Real Estate License #6505371182 Listed on: 02/10/2012

Coldwell Banker Metro Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1970

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100

Parking

  • 1 Car Attached Garage

Home Design

  • 1,200 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Marshall City Lower Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5300026400

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1970
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1200
  • Total Sq Ft: 1200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Marshall/Albion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 576923.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 60X100
  • Parcel Number: 5300026400

Tax Info

  • Tax Amount Summer: 900.0000
  • Total Tax: 900.0000

MLS Schools

  • School District: Marshall/Albion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Baklund Katherine and Schafer Katherine
Bought by
Kochinski Nikola J
Current Estimated Value
$230,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$64,347
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$159,659

Purchase Details

Listed on
Feb 10, 2012
Closed on
Aug 30, 2012
Sold by
Unterbrink Matthew T and Unterbrink Alanna C
Bought by
Schafer Katherine
Seller's Agent
Ann Byer
Coldwell Banker Metro Real Estate
Buyer's Agent
Ann Byer
Real Living Metro Real Estate
List Price
$89,900
Sold Price
$66,000
Premium/Discount to List
-$23,900
-26.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$70,000
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 15, 2005
Sold by
Waters Jennie J
Bought by
Unterbrink Matthew T and Unterbrink Alanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 6, 2002
Sold by
Gladstone George and Gladstone Frances
Bought by
Waters Jennie J

Purchase Details

Closed on
Jan 12, 1996
Sold by
Tordt Therese
Bought by
Gladstone George and Gladstone Frances
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
Kochinski Nikola J $119,000 Title Resource Agency
Schafer Katherine $66,000 None Available
Unterbrink Matthew T $115,000 Fatic
Waters Jennie J $100,000 --
Gladstone George $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochinski Nikola J $80,000
Previous Owner Schafer Katherine $70,000
Previous Owner Unterbrink Matthew T $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $66,000 -26.6% $55 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $89,900 -- $75 / Sq Ft
Source: Realcomp

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 $3,771 $114,100 $0 $0
2024 $733 $94,600 $0 $0
2023 $3,346 $81,600 $0 $0
2022 $2,676 $72,900 $0 $0
2021 $3,244 $76,500 $0 $0
2020 $3,068 $66,500 $0 $0
2019 $0 $56,900 $0 $0
2018 $0 $56,000 $8,000 $48,000
2017 $0 $56,100 $0 $0
2016 $0 $54,400 $0 $0
2015 -- $48,500 $0 $0
2014 -- $50,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212015037

Realcomp

APN: 53-000-264-00