NOT LISTED FOR SALE

510 N State Rd Otisville, MI 48463

Estimated Value: $121,000 - $153,243

2 Beds
1 Bath
1,026 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $65,000 $63 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $837/month

62 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Living Room

About This Home

As of September 2015

2015 Remodeled 2 Bedroom, 1 Bath home, with a Large Yard and Large Shed. This is a Must See Home! All New ! The house is professionally remodeled and Move in Ready! New Roof, New Siding, New Kitchen, Newer Windows, New Bath, Fresh paint and Flooring!

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St-Lap License #MISPE-6501342658 Listed on: 06/09/2015

Realty Executives Main St-Lap

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 164x128x120x238

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,026 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0921400024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,340

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1340
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 11 x 13
  • Bedroom 2: On Entry Level, Dimensions: 9 x 12
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Bedroom, First Floor Laundry, First Floor Mstr Bedroom, Living Room
  • Kitchen: On Entry Level, Dimensions: 12 x 14
  • Laundry: On Entry Level, Dimensions: 6 x 8
  • Living Room: On Entry Level, Dimensions: 13 x 22
  • Above Grade Finished Sq Ft: 1026
  • Total Finished Sq Ft: 1026

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Porch
  • Foundation: Crawl
  • Frontage: 164
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 0921400024
  • Lot Dimensions: 164x128x120x238
  • Acreage: 0.8
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $551.00
  • Winter Tax: Amount: $789.00
  • Total Tax: Amount: $1,340.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Sep 14, 2015
Sold by
Simmonds David and Simmonds Christa E
Bought by
Michael Sherry L
Seller's Agent
Douglas Ferrell
Realty Executives Main St-Lap
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%
Current Estimated Value
$138,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,061
Avg. Annual Appreciation
7.31%
Original Mortgage
$66,838
Outstanding Balance
$53,247
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$78,422

Purchase Details

Listed on
Aug 12, 2014
Closed on
Feb 6, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Simmonds David
Seller's Agent
Robert Quigley
Burrell Real Estate Inc.
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$48,000
Sold Price
$25,700
Premium/Discount to List
-$22,300
-46.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.50%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 25, 2013
Sold by
Banyas Jason and Banyas Maranda
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 13, 2002
Sold by
Barden Joyce M and Renshaw Ruth
Bought by
Banyas Jason and Carpenter Maranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,256
Interest Rate
6.23%
Mortgage Type
FHA
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
Michael Sherry L $65,000 Sargents Title Company
Simmonds David $25,700 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $108,364 None Available
Banyas Jason $78,900 Lapeer County Abstract & Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Sherry L $66,838
Previous Owner Banyas Jason $91,603
Previous Owner Banyas Jason $78,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $65,000 -27.7% $63 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $89,900 +249.8% $88 / Sq Ft
02/06/2015 02/06/15 Sold $25,700 -46.5% $28 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $48,000 -- $51 / 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
2024 $1,091 $54,600 $0 $0
2023 $1,039 $50,700 $0 $0
2022 $967 $45,600 $0 $0
2021 $1,689 $43,300 $0 $0
2020 $955 $40,900 $0 $0
2019 $938 $38,000 $0 $0
2018 $1,580 $34,800 $0 $0
2017 $1,549 $35,000 $0 $0
2016 $1,107 $22,200 $0 $0
2015 $586 $20,600 $0 $0
2014 $229 $20,600 $0 $0
2012 -- $19,600 $19,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31247508

Michigan Multiple Listing Service

APN: 09-21-400-024