NOT LISTED FOR SALE

5090 Summerfield Rd Petersburg, MI 49270

Estimated Value: $264,000 - $334,953

3 Beds
1 Bath
2,407 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $125,500 $52 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,810/month

458 Days on Market

Highlights

  • Wood Burning Stove
  • 2.5 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Laundry Room
  • Wood Siding

About This Home

As of May 2014

13 rolling acres with mature trees throughout. Over 1/2 of home is a new addition including kitchen,Family Room & Finished Bsmt. PURCHASE PROP.AS LITTLE AS 5% DOWN.APPROVED FOR HOMEPATH AND HOMEPATH RENOVATION MORTGAGE FINANCING.BUYER AGENT TO VERIFY ALL INFO.Close by May 31, 2014 and request up to 3.5% of the final sales price to be used as closing cost assistance!Restrictions apply

Last Agent to Sell the Property

Tammy Wood

Gerweck Real Estate in Monroe License #MCAR-6501307366 Listed on: 11/15/2012

Co-Listed By

Connie Hotchkiss

Gerweck Real Estate in Monroe License #MCAR-6506049453

Last Buyer's Agent

Lydia Shipman

Gerweck Real Estate in Monroe License #MCAR-6501310028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 13 Acre Lot
  • Lot Dimensions are 288 x 1335
  • Rural Setting

Parking

  • 2.5 Car Attached Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,407 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Security Deposit $34,958
  • Assessor Parcel Number 1411400300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,917

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: Monroe County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Split Level, Traditional
  • Total Tax Amount: 1916.95
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Basement: Partial
  • Bedrooms: 3
  • Bedroom 1: On Lower Floor, Dimensions: 13 x 28
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room Types: Utility/Laundry Room
  • Family Room: On Upper Floor, Dimensions: 26 x 26
  • Kitchen: On Upper Floor, Dimensions: 13 x 14
  • Living Room: On Upper Floor, Dimensions: 11 x 23
  • Other Room1: Dimensions: 12x7
  • Other Room 2: Dimensions: 7x6, On Level: Lower
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2407
  • Total Finished Sq Ft: 2407

Exterior Features

  • Exterior: Vinyl Siding, Wood
  • Out Buildings: Barn

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 1411400300
  • Location: Rural
  • Lot Description: Treed
  • Lot Dimensions: 288 x 1335
  • Acreage: 13
  • Geo Subdivision: MI

Rental Info

  • Security Deposit: 34958

Tax Info

  • Summer Tax: Amount: $792.18
  • Winter Tax: Amount: $1,124.77
  • Total Tax: Amount: $1,916.95

MLS Schools

  • School District: Summerfield School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2012
Closed on
May 6, 2014
Sold by
Fannie Mae
Bought by
Dominique Chad
Seller's Agent
Tammy Wood
Gerweck Real Estate in Monroe
Buyer's Agent
Lydia Shipman
Gerweck Real Estate in Monroe
List Price
$204,900
Sold Price
$125,500
Premium/Discount to List
-$79,400
-38.75%
Current Estimated Value
$300,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,488
Avg. Annual Appreciation
7.92%
Original Mortgage
$123,226
Outstanding Balance
$95,365
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$205,623

Purchase Details

Closed on
Sep 22, 2011
Sold by
Reebel Alan and Reebel Tina M
Bought by
Federal National Mortgage Association
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
Dominique Chad $125,500 Best Homes Title Agency Llc
Federal National Mortgage Association $129,694 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominique Chad $123,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $125,500 -38.8% $52 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
11/15/2012 11/15/12 For Sale $204,900 -- $85 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,785 $154,500 $59,100 $95,400
2024 $1,103 $146,100 $0 $0
2023 $2,530 $116,800 $0 $0
2022 $2,530 $116,800 $0 $0
2021 $2,465 $111,000 $0 $0
2020 $2,442 $99,000 $0 $0
2019 $2,462 $99,000 $0 $0
2018 $2,408 $87,300 $0 $0
2017 $2,291 $81,500 $0 $0
2016 $2,279 $81,500 $0 $0
2015 $2,130 $71,400 $0 $0
2014 $1,878 $71,400 $0 $0
2013 -- $69,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20104783

Michigan Multiple Listing Service

APN: 14-114-003-00