NOT LISTED FOR SALE

523 Main St Saranac, MI 48881

Estimated Value: $127,000 - $218,000

3 Beds
1 Bath
1,227 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 21, 2015

Last sale price $42,000 $34 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,126/month

141 Days on Market

Highlights

  • Fruit Trees
  • Traditional Architecture
  • 1 Car Attached Garage
  • Deck
  • Fenced Yard
  • 2-minute walk to Scheid Park

About This Home

As of April 2015

Three, Possible four bedroom home in Village of Saranac. Nice location close to downtown and next to Scheid park. Large back yard with a deck.
Conditions:Purchase of each property will be by cash at closing or on terms acceptable to Fannie Mae.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 11/11/2014

KW Rivertown Hoppough

Last Buyer's Agent

Ryan Hesche

Greenridge Realty (Saranac) License #6501376225

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Fenced Yard
  • Fruit Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,227 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Absolute Auction

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 66 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1227.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1849.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Landscape:Fruit Trees: Yes
  • Auction Type:Absolute: Yes
  • General Property Info:SqFt Above Grade: 1224.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1227.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back, Deck(s)
  • List Price: 32500.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1849.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Apr 29, 2015
Sold by
Fannie Mae
Bought by
Glavan Sime Miso and Glavan Charlotte
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Ryan Hesche
Greenridge Realty (Saranac)
List Price
$72,900
Sold Price
$42,000
Premium/Discount to List
-$30,900
-42.39%
Current Estimated Value
$176,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,941
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Trombly Michael J and Tarpon Coast National Bank Lynn M
Bought by
360 Mortgage Group Llc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Nelson Scott E and Nelson Amanda
Bought by
Mortgage Electronic Registration Systems and Novastar Mortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Glavan Sime Miso $42,000 First American Title Ins Co
360 Mortgage Group Llc $24,000 None Available
Mortgage Electronic Registration Systems -- Parks Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trombly Michael J $80,500
Previous Owner Trombly Michael J $80,910
Previous Owner Nelson Scott E $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $42,000 -42.4% $34 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $72,900 -- $59 / 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 $2,024 $60,000 $12,900 $47,100
2024 $1,040 $60,000 $12,900 $47,100
2023 $992 $48,500 $9,800 $38,700
2022 $945 $48,500 $9,800 $38,700
2021 $2,303 $41,800 $7,700 $34,100
2020 $904 $41,800 $7,700 $34,100
2019 $824 $38,800 $7,200 $31,600
2018 $2,180 $35,300 $7,200 $28,100
2017 $849 $35,300 $7,200 $28,100
2016 $824 $34,900 $6,900 $28,000
2015 -- $34,900 $6,900 $28,000
2014 -- $33,600 $6,900 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14062022

Southwestern Michigan Association of REALTORS®

APN: 021-001-000-215-00