NOT LISTED FOR SALE

518 Walnut St Three Rivers, MI 49093

Estimated Value: $178,000 - $238,000

3 Beds
2 Baths
2,080 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $163,000 $78 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,382/month

25 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2023

Very nice three bedroom, two full bath home with fresh paint and all new flooring. Bathrooms with some updates, a couple of new windows, brand new kitchen cabinets, countertops, sink, etc. Nice sunken family room with fireplace. Large yard. One car garage. Three Rivers Schools.

Last Agent to Sell the Property

Diane Bornhorst

Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 10/16/2023

Berkshire Hathaway HomeServices MI

Co-Listed By

Lindsay Flynn

Berkshire Hathaway HomeServices MI License #6501366885

Last Buyer's Agent

Heather Martell

Martell Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1930

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60 x 132

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,057

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 2080.0
  • Basement Rooms:Total Basement SQFT: 850.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 159000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 60 x 132
  • Lot Size Sq Ft: 7920.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3057.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 15, 2023
Sold by
Bienz Investments Llc
Bought by
Vandermei Chad and Vandermei Laura
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Heather Martell
Martell Realty Inc.
List Price
$159,000
Sold Price
$163,000
Premium/Discount to List
$4,000
2.52%
Views
24
Current Estimated Value
$205,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,624
Avg. Annual Appreciation
16.10%
Original Mortgage
$160,047
Outstanding Balance
$158,055
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$46,163

Purchase Details

Listed on
Jun 24, 2015
Closed on
Nov 13, 2015
Sold by
Urban Financial Of America Llc
Bought by
Bienz Investments Llc
Seller's Agent
Terrie Boven
RE/MAX of Kalamazoo
Buyer's Agent
Glenn Welch
Landmark Realty
List Price
$52,000
Sold Price
$35,000
Premium/Discount to List
-$17,000
-32.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%

Purchase Details

Closed on
May 15, 2014
Sold by
Sullivan Ricki R
Bought by
Urban Financial Of America Llc

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

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Range of Values:

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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
Vandermei Chad $163,000 None Listed On Document
Bienz Investments Llc $35,000 Singlesource Property Soluti
Urban Financial Of America Llc $56,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandermei Chad $160,047
Previous Owner Sullivan Ricki R $126,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $163,000 +2.5% $78 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $159,000 0.0% $76 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $159,000 +354.3% $76 / Sq Ft
11/20/2015 11/20/15 Sold $35,000 -32.7% $17 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $52,000 -- $25 / 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
2024 $2,834 $94,700 $3,000 $91,700
2023 $1,969 $62,500 $2,700 $59,800
2022 $1,875 $58,200 $2,700 $55,500
2021 $2,962 $55,200 $2,600 $52,600
2020 $2,923 $50,300 $2,600 $47,700
2019 $2,869 $45,000 $2,000 $43,000
2018 $2,833 $45,600 $3,900 $41,700
2017 $2,703 $44,000 $44,000 $0
2016 -- $42,100 $42,100 $0
2015 -- $40,200 $0 $0
2014 -- $38,900 $38,900 $0
2012 -- $40,200 $40,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23136142

Southwestern Michigan Association of REALTORS®

APN: 051-145-215-00