NOT LISTED FOR SALE

506 W Elm St Reading, MI 49274

Estimated Value: $108,000 - $148,000

3 Beds
2 Baths
1,152 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $95,000 $82 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $856/month

36 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Shed
  • Sun or Florida Room
  • Snack Bar or Counter
  • Forced Air Heating System

About This Home

As of October 2022

City Ranch - Open floor plan, laminate flooring throughout. Large living room with wood burning fireplace, open to dining room and totally updated white kitchen cabinetry. Family room with French doors to rear yard. Master bedroom with updated full bath. 4th bedroom possible, or office/craft room. Utility room, surrounded in windows, could be an enclosed sunroom. Large deck, partially covered. Immediate Possession.

Last Listed By

Cathy Galloway

RE/MAX Preferred Realty Listed on: 08/30/2022

RE/MAX Preferred Realty

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1985

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82.5x165
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Window Treatments
  • Living Room with Fireplace
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,765

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub-Type: Manufactured Home
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Broadband, Eat-in Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1152.0
  • Window Features: Replacement, Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 89900.0
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Patio and Porch Features: 3 Season Room, Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 82.5x165
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1765.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 12, 2022
Sold by
C & R Property Management Llc
Bought by
Palmateer Meagan
Seller's Agent
Cathy Galloway
RE/MAX Preferred Realty
Buyer's Agent
Krista Dirschell
Southern Marsh Realty
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%
Total Days on Market
36
Views
50
Current Estimated Value
$127,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,603
Avg. Annual Appreciation
17.27%
Original Mortgage
$95,000
Outstanding Balance
$92,391
Interest Rate
6.02%
Estimated Equity
$50,229

Purchase Details

Closed on
Mar 31, 2016
Sold by
Kelley Edwin B and Kelley Kathy Mae
Bought by
C & R Property Management Llc

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jun 4, 2015
Sold by
C & R Property Management Llc
Bought by
Kelley Edwin B and Kelley Kathy Mae
Seller's Agent
Cathy Galloway
RE/MAX Preferred Realty
Buyer's Agent
Alicia Edison
Coldwell Banker Denny Groves
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$54,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2014
Sold by
Shafer Kenneth D and Shafer Tammy J
Bought by
C & R Property Management Llc

Purchase Details

Closed on
Sep 2, 2011
Sold by
C & R Property Management Llc
Bought by
Shafer Kenneth D and Shafer Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 6, 2004
Sold by
Alley Bernice and Taylor Eldred
Bought by
C & R Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1993
Sold by
Taylor Eldred D
Bought by
Taylor Bernice

Purchase Details

Closed on
Jan 2, 1985
Sold by
Weiss Seigfreid and Weiss Betty
Bought by
Taylor Eldred and Taylor Bernice

Purchase Details

Closed on
Mar 2, 1973
Sold by
Dunham Elfrieda
Bought by
Weiss Seigfreid and Weiss Betty

Purchase Details

Closed on
Jun 16, 1972
Sold by
Greenlee Irene
Bought by
Dunham Elfrieda

Purchase Details

Closed on
May 17, 1972
Sold by
Wisner Joe
Bought by
Greenlee Irene

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
Palmateer Meagan $95,000 --
C & R Property Management Llc -- Attorney
Kelley Edwin B $60,000 Public Title Agency
C & R Property Management Llc -- None Available
Shafer Kenneth D $55,000 None Available
C & R Property Management Llc $50,000 --
Taylor Bernice -- --
Taylor Eldred $3,000 --
Weiss Seigfreid $1,400 --
Dunham Elfrieda $1,200 --
Greenlee Irene $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmateer Meagan $95,000
Previous Owner Kelley Edwin B $54,000
Previous Owner Shafer Kenneth D $53,000
Previous Owner C & R Property Management Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $95,000 +5.7% $82 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $89,900 +49.8% $78 / Sq Ft
06/04/2015 06/04/15 Sold $60,000 0.0% $52 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $60,000 -- $52 / Sq Ft
Source: Southwestern Michigan 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
2024 $1,735 $60,500 $0 $0
2023 $1,083 $46,100 $0 $0
2022 $1,122 $38,200 $0 $0
2021 $1,748 $36,500 $0 $0
2020 $1,739 $32,000 $0 $0
2019 $1,695 $30,900 $0 $0
2018 $1,635 $30,200 $0 $0
2017 $1,591 $29,100 $0 $0
2016 $1,569 $28,500 $0 $0
2015 $669 $28,500 $0 $0
2013 -- $23,100 $0 $0
2012 $552 $23,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22037403

Southwestern Michigan Association of REALTORS®

APN: 20-095-001-019