NOT LISTED FOR SALE

515 N Cedar St Schoolcraft, MI 49087

Estimated Value: $130,000 - $201,000

2 Beds
1 Bath
1,440 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $49,500 $34 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $992/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Detached Garage
  • Schoolcraft Middle School Rated A-
  • Recreation Room
  • Porch

About This Home

As of January 2019

AN ACCEPTED OFFER IS IN PLACE. Great location within the Village of Schoolcraft. Spacious two story with a large deck and 2 car detached garage. This 2 bedroom 1 bath home is a wonderful rehab opportunity due it's location, nice yard and spacious rooms.
Sold AS IS with no warranties expressed or implied. Information provided including size, taxes and PRE is believed to be accurate but should be verified by buyer or buyer's agent.

Last Agent to Sell the Property

Joel Nelson

Traction Real Estate License #6502382112 Listed on: 11/03/2018

Last Buyer's Agent

Missy Dahlinger

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1931
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 85x100 est
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1440.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1350.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1440.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Partial
  • LivingArea: 1440.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 420.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 52200.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 85x100 est
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1350.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Wilke Gary S and Wilke Deborah D
Bought by
Gary S Wilke Living Trust
Current Estimated Value
$164,892

Purchase Details

Listed on
Nov 3, 2018
Closed on
Dec 31, 2018
Sold by
Jpmorgan Chase Bank National Association
Bought by
Wilke Gary S and Wilke Deborrah D
Seller's Agent
Joel Nelson
Traction Real Estate
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$56,550
Sold Price
$49,500
Premium/Discount to List
-$7,050
-12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.67%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Grunwell Michael E and Grunwell Amanda L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 10, 2002
Sold by
Grumwell Michael E and Rhoades Amanda
Bought by
Grunwell Michael E and Grunwell Amanda L

Purchase Details

Closed on
Sep 5, 2002
Sold by
Flagstar Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 16, 2002
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Grumwell Micheal and Rhoades Amanda
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
Gary S Wilke Living Trust -- None Available
Wilke Gary S $49,500 None Available
Jpmorgan Chase Bank National Association $67 None Available
Grunwell Michael E -- Metro
Federal Home Loan Mortgage Corporation -- Metro
Grumwell Micheal $80,000 Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grunwell Michael E $84,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $49,500 -12.5% $34 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $56,550 -- $39 / Sq Ft
Source: Southwestern Michigan Association 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 $1,144 $60,200 $0 $0
2024 $1,144 $55,500 $0 $0
2023 $1,091 $49,100 $0 $0
2022 $2,593 $44,900 $0 $0
2021 $2,519 $41,400 $0 $0
2020 $2,472 $37,400 $0 $0
2019 $1,871 $30,700 $0 $0
2018 $1,288 $35,700 $0 $0
2017 $0 $35,400 $0 $0
2016 -- $29,900 $0 $0
2015 -- $28,900 $6,000 $22,900
2014 -- $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18053717

Southwestern Michigan Association of REALTORS®

APN: 14-18-402-150