NOT LISTED FOR SALE

507 Cherry St Clio, MI 48420

Estimated Value: $135,000 - $152,000

2 Beds
1 Bath
1,245 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $110,000 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $870/month

79 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Attached Garage
  • High Speed Internet
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2024

This home qualifies for 0% down rural development home buyer terms. Move-in ready! Wood floors throughout the living space, and this one comes at an affordable price. A brand new electrical service has been installed, with a newer roof. Appliances stay. Extra workout room or shop space in the enclosed heated garage. Freshly re-paved entrance road. This home sits on a dead-end street with close amenities. It has a nice fenced-in backyard with a fire pit and fish pond. One-year home warranty included. Make an offer today!

Last Agent to Sell the Property

Brett Hubbs

Hubbs Realty Co License #6502426752 Listed on: 11/11/2023

Last Buyer's Agent

Andie McCarty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51.00 x 127.00
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,245 Sq Ft Home
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1.5 Car Attached Garage
  • Carport

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hillcrest Clio Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5114551031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,110

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 1943
  • State Equalized Value: 60100.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Electric Cooktop, Free-Standing Refrigerator
  • Sq Ft Combined: 1245
  • Total Sq Ft: 1245

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Frontage Feet: 51
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Carport, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Clio

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 51.00 x 127.00
  • Parcel Number: 5114551031

Tax Info

  • Tax Amount Summer: 1396.0000
  • Tax Amount Winter: 714.0000
  • Total Tax: 2110.0000
  • Taxable Value: 30477.0000

MLS Schools

  • School District: Clio

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Feb 29, 2024
Sold by
Welch Bryan W and Welch Samantha
Bought by
Linn Aaron C
Seller's Agent
Brett Hubbs
Hubbs Realty Co
Buyer's Agent
Andie McCarty
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Views
364
Current Estimated Value
$141,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,955
Avg. Annual Appreciation
12.84%
Original Mortgage
$114,488
Outstanding Balance
$113,132
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$18,714

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jul 30, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Welch Bryan W and Welch Samantha
Seller's Agent
Wilson Lahoud
INCA Realty LLC
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$34,900
Sold Price
$18,500
Premium/Discount to List
-$16,400
-46.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Jul 11, 2012
Sold by
Smith Lori and Emerick Joshua
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 23, 2005
Sold by
Peth Lempie and Kuehnl Shirley A
Bought by
Emerick Joshua and Smith Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2003
Sold by
Peth Lempie and Kuehnl Shirley A
Bought by
Peth Lempie and Kuehnl Shirley A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Linn Aaron C $116,600 None Listed On Document
Welch Bryan W $18,500 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $24,000 None Available
Emerick Joshua $69,000 Cislo Title Company
Peth Lempie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Aaron C $114,488
Previous Owner Smith Lori $76,000
Previous Owner Emerick Joshua $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $110,000 -4.3% $88 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $114,900 -11.5% $92 / Sq Ft
11/11/2023 11/11/23 For Sale $129,900 +602.2% $104 / Sq Ft
07/31/2013 07/31/13 Sold $18,500 -47.0% $15 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $34,900 -- $28 / 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
2024 $1,176 $54,700 $0 $0
2023 $1,396 $50,100 $0 $0
2022 $2,048 $41,100 $0 $0
2021 $1,990 $38,000 $0 $0
2020 $1,285 $35,600 $0 $0
2019 $1,236 $31,200 $0 $0
2018 $1,818 $29,100 $0 $0
2017 $1,763 $29,100 $0 $0
2016 $1,754 $25,781 $0 $0
2015 $1,754 $25,300 $0 $0
2012 -- $25,900 $25,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230096503

Realcomp

APN: 51-14-551-031