NOT LISTED FOR SALE

511 Genesee Ave Gaines, MI 48436

Estimated Value: $160,000 - $184,690

3 Beds
1 Bath
1,080 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $135,000 $125 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,118/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Awning
  • No HOA
  • 2 Car Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Check out this Diamond-In-The-Rough. Fixer-Upper in the Village of Gaines. This home is a great starter home, or investment. 3 bedrooms, 1 bath, full basement, 2 car garage. The kitchen has ample cabinets and countertops, and all the appliances are included. The basement is divided into two sections...a Rec Room with workshop area -and- a Utility Room. Home has a good bone....updated: Furnace, Central Air, Vinyl Siding, Vinyl Windows, and Well. A little Scrubbing...plus carpet & paint, will transform this property. Home sits on a 1/2 acre lot, and you are just a short drive to Swartz Creek, Durand, and Linden. Gaines Elementary and Swartz Creek High Schools. This home is priced for quick sale and Sold As-Is. Don't miss out on this home...it will go fast!

Last Agent to Sell the Property

Scott Reel

American Associates Inc License #6501284869 Listed on: 05/22/2022

American Associates Inc

Last Buyer's Agent

Scott Reel

American Associates Inc License #6501284869 Listed on: 05/22/2022

American Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200
  • Level Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,080 Sq Ft Home
  • Awning
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Village Of Gaines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1031577150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 174.12
  • Year Built: 1955
  • State Equalized Value: 54900.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 271521.7300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Vented Exhaust Fan, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Washer
  • Total Sq Ft: 1080

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Lot Size Area: 0.46
  • Lot Dimensions: 100x200x100x200
  • Parcel Number: 1031577150

Tax Info

  • Tax Amount Summer: 999.0000
  • Tax Amount Winter: 981.0000
  • Total Tax: 1980.0000
  • Taxable Value: 38479.0000

MLS Schools

  • School District: Swartz Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Jul 26, 2022
Sold by
Day Michael J
Bought by
Gregg Sarah and Reinhardt Jack
Seller's Agent
Scott Reel
American Associates Inc
Buyer's Agent
Scott Reel
American Associates Inc
List Price
$124,900
Sold Price
$135,000
Premium/Discount to List
$10,100
8.09%
Current Estimated Value
$172,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,423
Avg. Annual Appreciation
7.26%
Original Mortgage
$108,000
Outstanding Balance
$91,186
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$81,237
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Gregg Sarah $135,000 None Listed On Document
Gregg Sarah $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregg Sarah $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $135,000 +8.1% $125 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $124,900 -- $116 / 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
2025 $2,710 $75,700 $0 $0
2024 $1,092 $75,300 $0 $0
2023 $856 $74,400 $0 $0
2022 $1,486 $61,700 $0 $0
2021 $1,536 $54,900 $0 $0
2020 $439 $55,100 $0 $0
2019 $432 $50,200 $0 $0
2018 $1,720 $48,600 $0 $0
2017 $1,658 $42,700 $0 $0
2016 $1,701 $40,300 $0 $0
2015 $951 $37,000 $0 $0
2014 $399 $34,900 $0 $0
2012 -- $33,500 $33,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220039199

Realcomp

APN: 10-31-577-150