NOT LISTED FOR SALE

506 S Cochran Ave Charlotte, MI 48813

Estimated Value: $136,000 - $193,855

3 Beds
1 Bath
1,548 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $57,600 $37 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,189/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Fireplace
  • Wood Burning Stove
  • Screened Porch
  • Living Room

About This Home

As of May 2016

***PRICE REDUCED***USE PURPLE HUD KEY TO ACCESS. SOLD ''AS IS'' BY ELECTRONIC BID ONLY. AVAILABLE 1/5/16. BIDS DUE BY 11:59 PM CST DAILY UNTIL SOLD. FHA #263-422202. INSURED W/ESCROW REPAIRS. 203K ELIGIBLE. KEYS IN LO $2/EACH OR $12/8-KEY SET. BLB RESOURCES MAKES NO WARRANTY AS TO CONDITION OF PROPERTY. BUYER TO VERIFY ALL INFO. ROOM SIZES ARE APPROXIMATE. ALL INFO PER APPRAISER. LEAD BASE PAINT ADDENDUM REQUIRED. SEE ATTACHMENTS FOR ALL FORMS TO SUBMIT A BID. DISCLOSURES: PROPERTY IS NT LOCATED IN A FEMA SPECIAL FLOOD HAZARD AREA BUT IS LISTED AS A MODERATE TO LOW FLOOD RISK. PLEASE REFER TO WWW.FLOODSMART.GOV FOR ADDITIONAL INFO REGARDING FLOOD ZONES AND INSURANCE. IE-FHA 203B WITH REPAIR ESCROW FINANCING AVAILABILITY IS SUBJECT TO BUYER'S APPRAISAL.LEGAL: COM.54 RODS N OF SE CORNER . 13, W 20 RODS, N 52 FT. TO BEG. SEC. 13, T2N,R5W. CITY OF CHARLOTTE. THIS IS A FANTASTIC UPDATED HOME IN THE HEART OF THE CITY. LOTS OF CHARACTER IN THE HOME WITH ALL CHARM OF YEARS AGO. BEAUTIFUL WOOD FLOORING IN THE NICE SIZE KITCHEN WITH SOME APPLIANCES REMAINING. FORMAL DINING ROOM LEADING TO THE LIVING ROOM FOR EASE OF ENTERTAINING. THERE'S ALSO A LIBRARY ON THE MAIN LEVEL THAT WOULD MAKE A GREAT OFFICE. THE 3-SEASON ROOM IS NICE TO RELAX IN AND SCREENED IN FOR THE SUMMER MONTHS. WELL MAINTAINED AND READY FOR A NEW OWNER.. CALL TODAY!

Last Agent to Sell the Property

Jeannette Garr

Coldwell Banker Professionals-Delta License #6501274338 Listed on: 09/29/2015

Coldwell Banker Professionals-Delta

Last Buyer's Agent

Todd Trowbridge

Real Estate Warehouse L.L.C. License #6502361119

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 52x330

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Screened Porch
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1850
  • Lot Size Acres: 0.39
  • Lot Size: 52X330
  • Above Grade Finished Sq Ft: 1548.0
  • Living Area: 1548.0
  • General Property Info:Lot Size Dimensions: 52X330
  • General Property Info:Above Grade Finished Area: 1548.0
  • General Property Info:Total Livable Area: 1548.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • General Property Info:Building Area Total SqFt: 1908.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: First
  • Full Bathrooms: 1
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Wood Burning Stove: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Gravel, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Range, Oven, Dishwasher
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Charlotte

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
May 13, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Lampman Mikaela Ann
Seller's Agent
Jeannette Garr
Coldwell Banker Professionals-Delta
Buyer's Agent
Todd Trowbridge
Real Estate Warehouse L.L.C.
List Price
$90,000
Sold Price
$57,600
Premium/Discount to List
-$32,400
-36%
Current Estimated Value
$177,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,114
Avg. Annual Appreciation
12.65%
Original Mortgage
$63,593
Outstanding Balance
$51,575
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$126,139

Purchase Details

Closed on
Mar 27, 2015
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 19, 2015
Sold by
Reed Martina
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
May 16, 2008
Sold by
Davis Brandon and Davis Alexis
Bought by
Reed Maitina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,576
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2004
Sold by
Reed Cathy Lynn
Bought by
Davis Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lampman Mikaela Ann $57,600 National Title Agency
Secretary Of Housing & Urban Development -- Attorney
Michigan State Housing Development Autho $67,150 None Available
Reed Maitina C $124,500 --
Davis Brandon $116,000 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampman Mikaela Ann $63,593
Previous Owner Reed Maitina C $122,576
Previous Owner Davis Brandon $92,800
Closed Davis Brandon $23,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $57,600 0.0% $37 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/06/2016 01/06/16 Price Changed $57,600 -8.6% $37 / Sq Ft
12/18/2015 12/18/15 Price Changed $63,000 -7.9% $41 / Sq Ft
12/02/2015 12/02/15 Price Changed $68,400 -13.6% $44 / Sq Ft
11/16/2015 11/16/15 Price Changed $79,200 -12.0% $51 / Sq Ft
09/29/2015 09/29/15 For Sale $90,000 -- $58 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,088 $92,100 $0 $0
2024 $2,178 $89,500 $0 $0
2023 $2,051 $84,100 $0 $0
2022 $2,763 $70,800 $0 $0
2021 $2,649 $65,300 $0 $0
2020 $2,411 $61,000 $0 $0
2019 $2,372 $55,022 $0 $0
2018 $2,310 $54,867 $0 $0
2017 $2,275 $51,053 $0 $0
2016 -- $51,087 $0 $0
2015 -- $48,967 $0 $0
2014 -- $47,017 $0 $0
2013 -- $46,277 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 75489

Greater Lansing Association of Realtors®

APN: 200-013-400-070-00