$35,000
SOLD NOV 20, 2015

518 Walnut St Three Rivers, MI 49093

3 Beds
2 Baths
2,080 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

33% Below List Price

127 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Porch
  • Traditional Architecture
  • 1 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of December 2023

Home offers 3 bedrooms-main level bedroom has no closet, 2 full baths, fireplace, family room and living room on main level, 1 car garage, fenced back yard with in-ground pool, partial basement and is located convenient to all the amenities that Three Rivers offers.

Last Agent to Sell the Property

Terrie Boven

RE/MAX of Kalamazoo License #6501218956 Listed on: 06/24/2015

RE/MAX of Kalamazoo

Last Buyer's Agent

Glenn Welch

Landmark Realty License #6504210156

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

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

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • In Ground Pool
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2080.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2440.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2080.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Fencing:Fenced Back: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement, Partial
  • LivingArea: 2080.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 850.0
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Wood Siding
  • Fencing: Fenced Back
  • List Price: 39900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Pool:In Ground: Yes

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

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 60 x 132
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2440.0
  • Tax Year: 2014

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
$203,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,228
Avg. Annual Appreciation
18.07%
Original Mortgage
$160,047
Outstanding Balance
$158,055
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$55,274

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

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 Type Sale Price Title Company
Warranty Deed $163,000 None Listed On Document
Deed $35,000 Singlesource Property Soluti
Sheriffs Deed $56,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,047 FHA
Previous Owner $126,750 Reverse Mortgage Home Equity Conversion Mortgage
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: 15033062

Southwestern Michigan Association of REALTORS®

APN: 051-145-215-00