NOT LISTED FOR SALE

515 Cherry Ln Decatur, MI 49045

Estimated Value: $170,971 - $198,000

3 Beds
1.5 Baths
960 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

Last sale price $140,000 $146 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,120 / mo

45 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Fenced
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of March 2022

Ranch with 2 bedrooms, 1.5 baths, full basement and attached garage. Also features breezeway, wood floors, bonus room in basement, large kitchen with built in oven and cooktop, fenced back yard, circle drive, and storage shed.

Last Agent to Sell the Property

Ben Ewing

Ewing Realty, LLC License #6502411657 Listed on: 11/28/2021

Co-Listed By

Ashley Ewing

Ewing Realty, LLC License #6501394065

Last Buyer's Agent

Nathan Martell

Martell Realty Inc. License #6501423250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1965

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 155x75
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1965

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1965
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Manufactured:Manufactured YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Disposal, Built-In Electric Oven
  • Flooring: Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 960.0
  • Basement Rooms:Total Basement SQFT: 880.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Fencing: Fenced
  • List Price: 140000.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Asphalt, Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 155x75
  • Lot Size Sq Ft: 13068.0

Tax Info

  • Tax Annual Amount: 508.74
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2021
Closed on
Mar 8, 2022
Sold by
Hicks Real Estate Investments
Bought by
Powell Christopher
Seller's Agent
Ben Ewing
Ewing Realty, LLC
Buyer's Agent
Nathan Martell
Martell Realty Inc.
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Current Estimated Value
$182,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,493
Avg. Annual Appreciation
6.76%
Original Mortgage
$141,414
Outstanding Balance
$132,126
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$50,367

Purchase Details

Closed on
Dec 2, 2021
Sold by
Melese Dave and Sheriff Deputy
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 28, 2021
Sold by
Gustafson Steve and Esatte Of John Edwin Gustafson
Bought by
Robert Hicks Investments Llc and Hicks Real Estate Investments
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Powell Christopher $140,000 None Listed On Document
Bank Of America Na $88,000 None Available
Robert Hicks Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Christopher $141,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $140,000 -11.9% $146 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
11/28/2021 11/28/21 For Sale $159,000 -- $166 / Sq Ft
Source: MichRIC

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 $1,640 $65,300 $0 $0
2024 $1,185 $65,700 $0 $0
2023 $1,129 $42,300 $0 $0
2022 $2,175 $39,700 $0 $0
2021 $1,362 $38,500 $10,900 $27,600
2020 $1,310 $38,500 $10,900 $27,600
2019 $1,221 $37,700 $37,700 $0
2018 $1,202 $38,300 $38,300 $0
2017 $1,171 $27,100 $0 $0
2016 $1,155 $33,300 $0 $0
2015 $764 $33,300 $0 $0
2014 $812 $23,400 $0 $0
2013 -- $31,300 $31,300 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Ewing

    Ewing Realty, LLC

    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Ashley Ewing

    Ewing Realty, LLC

    Section Image

  • N

    Buyer's Agent in 2022

    Nathan Martell

    Martell Realty Inc.

    (805) 402-7739

    3 Total Sales

    Nathan Martell
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 21116497

MichRIC

APN: 80-43-075-005-00

Michigan Van Buren County Decatur 49045

515 Cherry Ln, Decatur, MI

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.