NOT LISTED FOR SALE

511 Gibbs St Caro, MI 48723

Estimated Value: $115,540 - $124,000

2 Beds
2 Baths
1,008 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $72,000 $71 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $806/month

7 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Porch
  • 4-minute walk to Caro Recreation Department

About This Home

As of November 2020

Charming 2 bedroom 2 bath ranch with full basement ready to be finished and already has a second bathroom down there. This home is located in town with all the amenities such as city water, sewer and natural gas but still with the relaxed feel of country living. Newer roof, furnace, and updated electrical panel. The back deck is great for BBQ's or hanging out with friends. Appliances to stay including stove, microwave, refrigerator, washer, and dryer. Come and see this cute home that is perfect for first time buyers or those looking to downsize. Licensed Realtor must be present for all showings. This beauty won't last long so make your appointment today!

Last Agent to Sell the Property

Ron Anderson

Remirus License #6501326449 Listed on: 08/28/2020

Last Buyer's Agent

Samantha Jeffrey

Sunshine Real Estate Co License #RCO-6501401056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956 | Remodeled in 2010

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x66

Home Design

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

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050500111065000

Community Details

Overview

  • No Home Owners Association
  • Original Plat Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 1956 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • State Equalized Value: 23800.0000
  • Year Renovated: 2010
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Microwave, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1008
  • Total Sq Ft: 1008
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 48
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Caro

Lot Info

  • Homestead: Yes
  • List Price per Acre: 466000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 48x66
  • Parcel Number: 050500111065000

Tax Info

  • Tax Amount Summer: 626.0000
  • Tax Amount Winter: 425.0000
  • Total Tax: 1051.0000
  • Taxable Value: 23756.0000

MLS Schools

  • School District: Caro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Nov 4, 2020
Sold by
Lambert Taylor
Bought by
Englehart Jamie
Seller's Agent
Ron Anderson
Remirus
Buyer's Agent
Samantha Jeffrey
Sunshine Real Estate Co
List Price
$69,900
Sold Price
$72,000
Premium/Discount to List
$2,100
3%
Current Estimated Value
$117,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,918
Avg. Annual Appreciation
11.21%
Original Mortgage
$68,400
Outstanding Balance
$61,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$58,354

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jul 17, 2017
Sold by
Capital State Improvements Llc
Bought by
Parsons Jeffrey
Seller's Agent
Angie Ridley
Complete Realty, LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$59,700
Sold Price
$50,000
Premium/Discount to List
-$9,700
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Sheriff Of Tuscola County
Bought by
Capital State Improvements Llc
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 Buyer Sale Price Title Company
Englehart Jamie $72,000 None Available
Parsons Jeffrey $49,500 None Available
Capital State Improvements Llc $26,561 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Englehart Jamie $68,400
Previous Owner Lambert Taylor $60,606
Previous Owner Elwood Elaine $6,016
Previous Owner Lopez Elaine $4,231
Closed Capital State Improvements Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $72,000 +3.0% $71 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $69,900 +39.8% $69 / Sq Ft
07/17/2017 07/17/17 Sold $50,000 0.0% $50 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/27/2017 04/27/17 Off Market $50,000 -- --
04/19/2017 04/19/17 Price Changed $52,900 -11.4% $52 / Sq Ft
10/14/2016 10/14/16 For Sale $59,700 -- $59 / 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 $1,968 $43,200 $0 $0
2024 $1,968 $41,000 $0 $0
2023 $1,882 $37,700 $0 $0
2022 $1,793 $32,500 $0 $0
2021 $1,737 $27,800 $0 $0
2020 $1,606 $25,700 $0 $0
2019 $1,051 $23,800 $0 $0
2018 $1,030 $23,200 $0 $0
2017 $912 $21,800 $0 $0
2016 $876 $21,000 $0 $0
2015 $6 $20,300 $0 $0
2014 $6 $20,500 $0 $0
2013 $5 $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200070787

Realcomp

APN: 050-500-111-0650-00