NOT LISTED FOR SALE

5063 Griffin Hwy Olivet, MI 49076

Estimated Value: $196,000 - $522,000

4 Beds
2 Baths
2,192 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $88,000 $40 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,743/month

51 Days on Market

Highlights

  • 7.29 Acre Lot
  • Deck
  • Shed
  • Cape Cod Architecture
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

This is a lovely country home on 7.9 acres.This home features 3 bedroom 2 full baths cozy kitchen next to the big open living room with a fire place.
Plenty of room to garden or the space you need so you can build that huge pole barn you have always wanted. Has a small shed. Call for your showing today.

Last Agent to Sell the Property

Tammy Waller

Location Realty License #6502369515 Listed on: 11/24/2014

Co-Listed By

Dennis Zank

Location Realty License #6502396884

Last Buyer's Agent

William Thompson

Coldwell Banker Morehart Realty License #6506038537

Coldwell Banker Morehart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1998

Lot Details

  • 7.29 Acre Lot
  • Lot Dimensions are 350 x1169.30x508.39x802.80
  • The property's road front is unimproved

Parking

  • Unpaved Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Deck
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,875

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 350 x1169.30x508.39x802.80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2192.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: No
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1278.0
  • General Property Info Garage YN: No
  • Architectural Style Cape Cod: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: LP Tank Rented
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2192.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Finished SQFT: 914.0
  • Fireplace:Living: Yes
  • Below Grade Sq Ft: 914.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 95000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Unimproved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 7.29
  • Lot Size Area: 7.29
  • Lot Dimensions: 350 x1169.30x508.39x802.80
  • Lot Size Sq Ft: 317552.4
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2017
Sold by
Troutner Max
Bought by
Troutner Max and Lynn Andrew Jason
Current Estimated Value
$259,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,171
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Listed on
Nov 24, 2014
Closed on
Mar 12, 2015
Sold by
Fannie Mae
Bought by
Troutner Max
Seller's Agent
Tammy Waller
Location Realty
Buyer's Agent
William Thompson
Coldwell Banker Morehart Realty
List Price
$102,000
Sold Price
$88,000
Premium/Discount to List
-$14,000
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$89,795
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2014
Sold by
Independent Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2014
Sold by
Smith Timothy C and Smith Diane L
Bought by
Independent Bank
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
Troutner Max -- None Available
Troutner Max $88,000 Thoroughbred Title
Federal National Mortgage Association -- None Available
Independent Bank $140,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troutner Max $169,010
Closed Troutner Max $173,853
Closed Troutner Max $141,171
Closed Troutner Max $89,795
Previous Owner Smith Timothy C $164,000
Previous Owner Smith Timothy C $40,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $88,000 -13.7% $40 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $102,000 -- $47 / 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
2025 $3,875 $135,542 $0 $0
2024 $1,143 $126,761 $0 $0
2023 $1,089 $110,493 $0 $0
2022 $3,191 $96,202 $0 $0
2021 $3,043 $90,746 $0 $0
2020 $3,025 $89,835 $0 $0
2019 $2,970 $83,318 $0 $0
2018 $2,926 $85,417 $0 $0
2017 $2,575 $75,506 $0 $0
2016 -- $73,479 $0 $0
2015 -- $69,184 $0 $0
2014 -- $68,258 $0 $0
2013 -- $67,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14060129

Southwestern Michigan Association of REALTORS®

APN: 140-018-200-020-09