NOT LISTED FOR SALE

509 McArthur River Dr Eaton Rapids, MI 48827

Estimated Value: $371,601 - $439,000

5 Beds
3 Baths
3,700 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $250,000 $68 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,564/month

117 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Sun or Florida Room
  • Deck
  • 2 Fireplaces
  • Screened Porch

About This Home

As of April 2017

Immaculate, well maintained house & property, set up as a multi-generation home to accommodate extended family w/ separate 1st floor in-law suite w/ 2 BDs, kitchen, laundry, bath, fireplace, deck & additional separate entrance. Could be rented, too. Main home has 3BDs, 2 baths, fireplace, three season room, deck & full basement. Situated on quiet, tree lined street along picturesque Grand River gives the feel of country living, yet within walking distance to schools, shopping in downtown and complete city services & amenities. Fully-finished 22x15 workshop adjoins 2-car garage, perfect for woodworking, welding & other projects. Flowers, fruit trees, grapes & bushes provide year-round color. Perfect multi-generation family or owner-occupied home w rental income. Must see to appreciate Home warranty will be offered and paid by seller at closing. All window treatments stay with buyer. Both units have own mechanicals including AC. Central Air throughout lower levels. Window AC units for second floor bedrooms to stay. Sellers are motivated, so don't wait to make an offer.

Last Agent to Sell the Property

Ross Yednock

Century 21 Affiliated License #6501396907 Listed on: 11/11/2016

Century 21 Affiliated

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1962

Lot Details

  • 0.47 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Hardboard

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2015
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1962
  • Lot Size Acres: 0.47
  • Lot Size: undefinedxundefined
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Cape Cod
  • Living Area: 3700.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 3700.0
  • General Property Info:Total Livable Area: 3700.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Window Unit(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Cape Cod: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Improvements:Three Seasons Room: Yes
  • Water Softeners: Yes
  • Exterior:Wood Siding: Yes
  • Exterior:Hardboard: Yes
  • General Property Info:Building Area Total SqFt: 5950.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), In-Law Floorplan, Primary Bathroom
  • Total Bedrooms: 5
  • Room: 11
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Other Level: First
  • Full Bathrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding, Hardboard
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Water Softener, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan, Window Unit(s)
  • LaundryFeatures: Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1636
  • Tax Annual Amount: 3558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Apr 25, 2017
Sold by
Taber David B and Martinez Roman N
Bought by
Emerson William J and Emerson Emelia
Seller's Agent
Ross Yednock
Century 21 Affiliated
Buyer's Agent
Non Member
Non Member Office
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Current Estimated Value
$394,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,457
Avg. Annual Appreciation
5.70%
Original Mortgage
$125,000
Outstanding Balance
$66,773
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,377

Purchase Details

Closed on
Sep 18, 2007
Sold by
Taber David Bryan
Bought by
Martinez Roman N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 25, 2007
Sold by
Lampson Barbara J and Inter Vivos Revocable Trust Ag
Bought by
Taber David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2006
Sold by
Lampson Barbara J and Inter Vivos Revocable Trust Ag
Bought by
Schleger Donald W and Schleger Elizabeth Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lampson Barbara J
Bought by
Lampson Barbara J and Inter Vivos Revocable Trust Ag

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Lampson William J and Lampson Barbara J
Bought by
Lampson William J and Lampson Barbara J

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
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 6, 2003
Sold by
Lampson William J and Lampson Barbara J
Bought by
Lampson William J and Lampson Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.13%
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
Emerson William J $250,000 Midstate Title Agency Llc
Martinez Roman N -- None Available
Taber David B $170,000 All American
Schleger Donald W -- None Available
Lampson Barbara J -- --
Lampson Barbara J -- Trans
Lampson William J -- Transnation Title
Lampson William J -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson William J $125,000
Previous Owner Taber David B $25,000
Previous Owner Taber David B $136,000
Previous Owner Lampson Barbara J $136,700
Previous Owner Florida Leslie D $96,000
Previous Owner Lampson Barbara J $136,000
Previous Owner Lampson William J $45,000
Previous Owner Lampson William J $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $250,000 -4.6% $68 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/24/2017 02/24/17 Price Changed $262,000 -2.9% $71 / Sq Ft
01/03/2017 01/03/17 Price Changed $269,900 -1.8% $73 / Sq Ft
11/11/2016 11/11/16 For Sale $274,900 -- $74 / 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 $4,846 $188,800 $0 $0
2024 $3,416 $184,600 $0 $0
2023 $3,450 $173,800 $0 $0
2022 $4,691 $154,000 $0 $0
2021 $4,524 $141,500 $0 $0
2020 $4,481 $124,400 $0 $0
2019 $4,421 $123,347 $0 $0
2018 $4,318 $100,672 $0 $0
2017 $3,762 $96,800 $0 $0
2016 -- $91,750 $0 $0
2015 -- $89,100 $0 $0
2014 -- $87,350 $0 $0
2013 -- $86,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 211253

Greater Lansing Association of Realtors®

APN: 300-043-600-420-00