NOT LISTED FOR SALE

5188 7 Mile Rd NE Belmont, MI 49306

Estimated Value: $422,601 - $516,000

3 Beds
1.5 Baths
2,163 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $155,500 $72 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,599/month

2 Days on Market

Highlights

  • 2 Acre Lot
  • Deck
  • Attached Garage
  • Crestwood Elementary School Rated A-
  • Pole Barn
  • Eat-In Kitchen

About This Home

As of August 2012

Enjoy peaceful country living on 2 acres in Rockford School District! This immaculate ranch offers 3 bedrooms, 1.5 baths, a good-sized kitchen with snack bar and tons of storage space, a dining area with sliders to the deck showcasing acres of serene country views, a main floor living room with gleaming hardwood floors and contemporary colors ready for your decorating ideas and a main floor family room with a fireplace and a second set of sliders to the deck. The finished full basement offers a large rec room ready for fun and great memories. If this weren't enough, this beauty offers underground sprinkling to keep the landscaping lush and green, a 2 car attached garage and the perfect man cave'' which is approximately 28 x 36 pole barn with electric and cement floor that is ready for you to stake your claim and make it your own! See this one today!

Last Agent to Sell the Property

Scott Hutchison

Coldwell Banker Schmidt Realtors License #6502361159 Listed on: 06/23/2012

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Denise Maghielse

Five Star Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1968

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 165 x 530
  • Shrub
  • Sprinkler System
  • Property is zoned Res / Ag, Res / Ag

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,163 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Bay Window
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 165 x 530
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2163.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2414.0
  • Tax Info:Zoning3: Res / Ag
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Landscape:Underground Sprinkler: Yes
  • Windows:BayBow: Yes
  • Outbuildings:Pole Barn: Yes
  • General Property Info:SqFt Above Grade: 1442.0
  • Laundry Features Laundry Chute: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Family, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2163.0
  • Window Features: Bay/Bow
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Deck(s)
  • List Price: 154900.0
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Chute
  • Sewer: Septic System
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Dimensions: 165 x 530
  • Lot Size Sq Ft: 87120.0
  • Zoning Description: Res / Ag
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2414.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2020
Sold by
Hite Jerry Mitchel
Bought by
Hite Jerry Mitchel and Hite Jeanne Marie
Current Estimated Value
$462,650

Purchase Details

Listed on
Jun 23, 2012
Closed on
Aug 17, 2012
Sold by
Chesney David M and Chesney Susan K
Bought by
Hite Jerry M
Seller's Agent
Scott Hutchison
Coldwell Banker Schmidt Realtors
Buyer's Agent
Denise Maghielse
Five Star Real Estate (Main)
List Price
$154,900
Sold Price
$155,500
Premium/Discount to List
$600
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$139,500
Outstanding Balance
$22,206
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$440,444
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
Hite Jerry Mitchel -- None Available
Hite Jerry M $155,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hite Jerry M $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2012 08/21/12 Sold $155,500 +0.4% $72 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/23/2012 06/23/12 For Sale $154,900 -- $72 / Sq Ft
Source: MichRIC

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 $2,123 $172,500 $0 $0
2024 $2,123 $162,500 $0 $0
2023 $2,031 $139,900 $0 $0
2022 $2,852 $121,100 $0 $0
2021 $2,742 $113,100 $0 $0
2020 $1,880 $109,900 $0 $0
2019 $2,684 $104,900 $0 $0
2018 $2,714 $99,400 $26,000 $73,400
2017 $2,644 $94,000 $0 $0
2016 $2,532 $86,400 $0 $0
2015 -- $86,400 $0 $0
2013 -- $79,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12035087

MichRIC

APN: 41-11-19-100-009