NOT LISTED FOR SALE

506 Michigan St Buchanan, MI 49107

Estimated Value: $129,000 - $220,068

3 Beds
1 Bath
1,082 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $19,000 $18 Per Sq Ft

Est. 757% increase in value since last sale

Current estimated payment $1,046/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2017

REDUCED RENT...BELOW MARKET RENT

Available for six or twelve month terms. Tenant has the right to purchase the home at a preset price. Program has minimum income and FICO requirements and flexible underwriting (resolved bankruptcy, divorce or foreclosures).

Recently Updated: flooring, paint, kitchen cabinetry, kitchen countertops, appliances, lighting, etc.

Last Agent to Rent the Property

WILLIAM MAZAR

DMH REALTY LLC License #3390462 Listed on: 10/24/2017

Last Renter's Agent

WILLIAM MAZAR

JACKSONVILLE COUNTRY CLUB REALTY License #3190385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,903

Year Built

  • 1960

Lot Details

  • 0.29

Parking

  • Additional Parking

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hatton Chase Subdivision

Listing and Financial Details

  • Month To Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,903

Year Built

1960

Lot Details

0

Rental Info

  • Lease Term: Month To Month

Listing Details

  • Property Type: Residential Lease
  • Property Attached Yn: No
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Hatton Chase
  • General Property Information Living Area2: 1082.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Year Built (Public Record): 1960

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1082.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Pool Features: None

Garage/Parking

  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Lot Info

  • Parcel #: 000000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Daymark Trutee Llc
Bought by
Bpdm Properties 2018 1 Llc
Current Estimated Value
$162,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 25, 2014
Closed on
May 11, 2015
Sold by
U S Bank National Association
Bought by
Daymark Master Trust
Seller's Agent
Korissa Wilkins
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$45,580
Sold Price
$19,000
Premium/Discount to List
-$26,580
-58.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%

Purchase Details

Closed on
Dec 5, 2013
Sold by
Watts Mark A and Watts Charity C
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 14, 2004
Sold by
Watts Mark A and Watts Charity C
Bought by
Watts Mark A and Watts Charity C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1997

Purchase Details

Closed on
Jan 14, 1994
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bpdm Properties 2018 1 Llc $75,000 Crown Title Corporation
Daymark Master Trust $19,000 Premium Title Services Inc
U S Bank National Association $57,880 None Available
Watts Mark A -- --
-- $35,000 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bpdm Properties 2018 1 Llc $50,000,000
Previous Owner Watts Mark A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $750 -- --
12/20/2017 12/20/17 Rented $750 -9.6% --
10/31/2017 10/31/17 Under Contract -- -- --
10/24/2017 10/24/17 For Rent $830 0.0% --
05/15/2015 05/15/15 Sold $19,000 -58.3% $18 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $45,580 -- $44 / Sq Ft
Source: realMLS (Northeast Florida 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 $1,903 $67,400 $0 $0
2024 $1,798 $48,300 $0 $0
2023 $1,728 $37,700 $0 $0
2022 $1,678 $33,600 $0 $0
2021 $1,724 $28,900 $5,400 $23,500
2020 $1,772 $29,700 $0 $0
2019 $1,421 $23,200 $1,800 $21,400
2018 $1,399 $23,200 $0 $0
2017 $1,434 $23,800 $0 $0
2016 $1,441 $23,900 $0 $0
2015 $1,593 $26,600 $0 $0
2014 $999 $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Landlord's Agent in 2017

    WILLIAM MAZAR

    DMH REALTY LLC

  • K

    Seller's Agent in 2015

    Korissa Wilkins

    Realhome Services and Solutions Inc

  • N

    Buyer's Agent in 2015

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2015

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 877212

realMLS (Northeast Florida Multiple Listing Service)

APN: 11-58-7300-0010-00-3

Michigan Berrien County Buchanan 49107

506 Michigan St, Buchanan, MI

This home is located at 506 Michigan St, Buchanan, MI 49107 since 24 October 2017 and is currently priced at $162,767. This property was built in 1960. 506 Michigan St is a home located in Berrien County with nearby schools including Ottawa Elementary School, Moccasin Elementary School, and Buchanan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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