NOT LISTED FOR SALE

505 W Prospect St Marshall, MI 49068

Estimated Value: $157,000 - $260,000

2 Beds
2 Baths
1,200 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 30, 2012

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

Est. 237% increase in value since last sale

Current estimated payment $1,488/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

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • 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

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
$222,646

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
$63,831
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$158,815

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
9.63%
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:

--
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
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 List to Sale Price per Sq Ft
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

  • Ann Byer

    Seller's Agent in 2012

    Ann Byer

    Coldwell Banker Metro Real Estate

    (248) 787-7895

    40 Total Sales

    Ann Byer
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Map

Source: Realcomp

MLS Number: 212015037

Realcomp

APN: 53-000-264-00

Michigan Calhoun County Marshall 49068

505 W Prospect St, Marshall, MI

Not Listed for Sale

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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