$5,500
SOLD JUL 13, 2012

50975 Rebecca Dr Paw Paw, MI 49079

0.8 Acre
$6,875 Price per Acre
34,848 Sq Ft Lot

Recently Sold

44% Below List Price

177 Days on Market

About This Lot

As of July 2015

A warm welcome awaits you at Furness Farms! This wonderful development has over 28 acres of open space and residents enjoy 3/4+ acre lots, private paved walking paths and underground utilities. This location is only 20 minutes from Portage/Kalamazoo and 25 minutes to Lake Michigan. There are 20 lots available-see attached. The lots may be purchased in bulk for $150,000.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 11/15/2011

Last Buyer's Agent

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 11/15/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,806

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 152 x 230

Utilities

  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Est. Annual Taxes

$1,806

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 152 x 230
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 22.0
  • Tax Info:Zoning3: RES
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Cable2: Yes
  • Sale Conditions:REOBank Owned2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 9900.0
  • Lot Features: Buildable
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: None Connected, Natural Gas Available, Electric Available, Cable Available

Lot Info

  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Dimensions: 152 x 230
  • Lot Size Sq Ft: 34848.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 21, 2015
Sold by
Green Steven and Green Carol
Bought by
Green Steven D and Green Carol
Seller's Agent
Gregory DeHaan
Rise Realty
Buyer's Agent
Gregory DeHaan
Rise Realty
List Price
$273,725
Sold Price
$273,725
Current Estimated Value
$499,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,049
Avg. Annual Appreciation
5.99%
Original Mortgage
$266,127
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2015
Sold by
Furness Farms Llc
Bought by
Green Ii Steven

Purchase Details

Closed on
Dec 9, 2010
Sold by
Furness Richard B and Furness Rebecca A
Bought by
Michigan Commerce Bank and Portage Commerce 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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $22,000 None Available
Sheriffs Deed $6,110 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,000 Construction
Open $265,000 New Conventional
Closed $266,127 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $273,725 0.0% $68 / Sq Ft
06/19/2015 06/19/15 For Sale $273,725 +4876.8% $68 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
07/13/2012 07/13/12 Sold $5,500 -44.4% --
05/10/2012 05/10/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $9,900 -- --
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 $1,806 $213,200 $0 $0
2023 $1,720 $204,200 $0 $0
2022 $5,337 $189,300 $0 $0
2021 $5,139 $178,100 $11,000 $167,100
2020 $5,096 $172,800 $11,000 $161,800
2019 $4,710 $155,500 $155,500 $0
2018 $4,600 $142,200 $142,200 $0
2017 $4,553 $139,500 $0 $0
2016 $4,516 $11,000 $0 $0
2015 $271 $11,000 $0 $0
2014 $187 $9,000 $0 $0
2013 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11060875

Southwestern Michigan Association of REALTORS®

APN: 80-02-165-034-00