NOT LISTED FOR SALE

513 Capitol Dr Midland, MI 48642

Estimated Value: $226,000 - $264,000

3 Beds
1 Bath
1,802 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $187,000 $104 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Ranch Style House
  • 2 Car Garage
  • Vinyl Flooring
  • Adams Elementary School Rated A-

About This Home

As of September 2021

Completely updated top to bottom. All new kitchen w/high end S/S appliances, lighting, plumbing. New ceramic baths new flooring through out entire home. Updated electrical, new roof, H2O heater.

Last Agent to Sell the Property

Bob Meehan

RE/MAX of Midland License #MBR-6501364863 Listed on: 08/23/2021

RE/MAX of Midland

Last Buyer's Agent

Bob Meehan

RE/MAX of Midland License #MBR-6501364863 Listed on: 08/23/2021

RE/MAX of Midland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 93x129

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Jefferson Acres Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-03-50-352

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1992.85
  • Year Built: 1957
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 10
  • Bedroom 1 Floor Covering: Vinyl
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 11
  • Bedroom 2 Floor Covering: Vinyl
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 4, On Level: First, Flooring: Vinyl
  • Dining Room: On 1st Floor, Dimensions: 11 x 8
  • Dining Room Floor Covering: Vinyl
  • Family Room: In Basement, Dimensions: 36 x 20
  • Family Room Floor Covering: Vinyl
  • Kitchen: On 1st Floor, Dimensions: 11 x 9
  • Kitchen Floor Covering: Vinyl
  • Living Room: On 1st Floor, Dimensions: 16 x 13
  • Living Room Floor Covering: Vinyl
  • Below Grade Sq Ft: 1026
  • Finished Below Grade Sq Ft: 776
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1026
  • Total Finished Sq Ft: 1802

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement
  • Frontage: 93

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 14-03-50-352
  • Lot Dimensions: 93X129
  • Acreage: 0.27
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,538.61
  • Winter Tax: Year: 2020, Amount: $454.24
  • Total Tax: Amount: $1,992.85

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 21, 2021
Sold by
Kephart Michael and West Adrienne
Bought by
Welch Daniel and Welch Sharon
Seller's Agent
Bob Meehan
RE/MAX of Midland
Buyer's Agent
Bob Meehan
RE/MAX of Midland
List Price
$187,000
Sold Price
$187,000
Current Estimated Value
$240,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,179
Avg. Annual Appreciation
5.65%
Original Mortgage
$80,000
Outstanding Balance
$72,316
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,892

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 25, 2021
Sold by
Collison William Lee
Bought by
Kephart Michael and West Adrienne
Seller's Agent
Alicia Manceau
Century 21 Signature Realty Midland
Buyer's Agent
Bob Meehan
RE/MAX of Midland
List Price
$144,375
Sold Price
$144,000
Premium/Discount to List
-$375
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.16%
Original Mortgage
$129,600
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2020
Sold by
Collison Christine
Bought by
Collison William Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welch Daniel $187,000 Fidelity National Title
Kephart Michael -- First American Title
Kephart Michael -- None Listed On Document
Kephart Michael -- None Listed On Document
Collison William Lee -- None Available
Collison Christine -- None Available
Collison Christine -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kephart Michael $80,000
Previous Owner Kephart Michael $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2021 09/21/21 Sold $187,000 0.0% $104 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $187,000 +29.9% $104 / Sq Ft
02/25/2021 02/25/21 Sold $144,000 -0.3% $80 / Sq Ft View Prior Sale
01/10/2021 01/10/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $144,375 -- $80 / Sq Ft
Source: Midland Board 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
2025 $2,844 $94,500 $0 $0
2024 $2,211 $86,800 $0 $0
2023 $2,108 $79,200 $0 $0
2022 $2,587 $63,400 $0 $0
2021 $1,930 $60,300 $0 $0
2020 $1,970 $55,600 $0 $0
2019 $1,924 $48,400 $15,000 $33,400
2018 $1,864 $59,800 $15,000 $44,800
2017 $0 $49,200 $15,000 $34,200
2016 $1,790 $45,200 $11,300 $33,900
2012 -- $51,800 $11,300 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50052754

Midland Board of REALTORS®

APN: 14-03-50-352