NOT LISTED FOR SALE

5200 Olmstead Rd Ionia, MI 48846

Estimated Value: $195,675 - $260,000

4 Beds
1.5 Baths
2,054 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $93,200 $45 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,282/month

125 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Farmhouse Style Home
  • Porch
  • Garden

About This Home

As of January 2012

2,000+ sq ft 4+ bed, 1.5 bath farm house in secluded 1.3 country acres yet only minutes to town. This home has been updated throughout including new floor/wallcoverings, doors, trim, fixtures. Kichen has been remodeled and includes brand new appliances. The home boasts a large floor plan with good-sized room throughout. All windows are brand new! Roof is brand new including the roof over the 2.5 stall garage. Brand new furnace! The list goes on, but all mechanicals are in great condition. This is a true turn Key house. Contrary to most farm houses it does have walkout basement the could easily add to the living space. Large mud room includes MFL, but could offer uses. Original laundry is still available in basement. Great value... hurry to show!

Last Listed By

Darin Elliott

Greenridge Realty (Ionia) Listed on: 08/12/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1938

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 213 x 255
  • The property's road front is unimproved
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway
  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Phone Available

Additional Features

  • Porch
  • Mineral Rights

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1938
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Garage Type Detached: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Walk Out
  • LivingArea: 2054.0
  • Window Features: Low Emissivity Windows
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Porch(es)
  • List Price: 89900.0
  • Lot Features: Recreational, Wooded
  • Road Surface Type: Unimproved
  • Waterfront: No
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Unpaved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Phone Available, Electric Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Other
  • Association: Yes

Lot Info

  • Lot Size Acres: 1.3
  • Lot Size Area: 1.3
  • Lot Dimensions: 213 x 255
  • Lot Size Sq Ft: 56628.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2014
Sold by
Mick Patrick Neil
Bought by
Mick Elijah Gubriel
Total Days on Market
125
Current Estimated Value
$224,419

Purchase Details

Listed on
Aug 12, 2011
Closed on
Jan 13, 2012
Sold by
Klein Scott and Klein Susan
Bought by
Mick Patrick N
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Lisa Coe
Five Star Real Estate (Ada)
List Price
$94,900
Sold Price
$93,200
Premium/Discount to List
-$1,700
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$95,918
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Fannie Mae
Bought by
Klein Scott and Thelen Todd

Purchase Details

Closed on
Mar 8, 2010
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae

Purchase Details

Closed on
Feb 18, 2010
Sold by
Hayes Patrick S
Bought by
Wells Fargo Bank Na

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
Mick Elijah Gubriel -- None Available
Mick Patrick N $93,200 --
Klein Scott $65,000 --
Fannie Mae -- --
Wells Fargo Bank Na $125,915 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mick Elijah Gabriel $75,000
Closed Mick Patrick N $95,918
Previous Owner Hayes Patrick S $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $93,200 -1.8% $45 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
08/12/2011 08/12/11 For Sale $94,900 -- $46 / 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 $449 $77,800 $6,100 $71,700
2023 $428 $60,800 $4,300 $56,500
2022 $408 $60,800 $4,300 $56,500
2021 $879 $57,400 $4,800 $52,600
2020 $391 $57,400 $4,800 $52,600
2019 $364 $49,000 $3,400 $45,600
2018 $774 $38,100 $2,800 $35,300
2017 $367 $38,100 $2,800 $35,300
2016 $364 $35,800 $1,900 $33,900
2015 -- $35,800 $1,900 $33,900
2014 -- $33,200 $900 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11045665

Southwestern Michigan Association of REALTORS®

APN: 090-019-000-005-12