NOT LISTED FOR SALE

525 Franconian Dr E Frankenmuth, MI 48734

Estimated Value: $294,250 - $321,000

3 Beds
1.5 Baths
1,228 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $229,000 $186 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,879/month

27 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • No HOA
  • List Elementary Rated A-
  • Ranch Style House
  • Covered patio or porch

About This Home

As of October 2020

This clean home is well-cared for in a desirable Frankenmuth city neighborhood. This ranch is situated in Bavarian Estates and backs up to the St. Lorenz field. Walk right in and be stunned by a full-brick wall statement fireplace in the cozy living room. The kitchen has plenty of counter space overlooking the unbelievably beautiful manicured back yard, landscaped to perfection. Each of the bedrooms has been freshly painted. A three seasons room is great for your morning coffee or late-night gatherings, next to a patio that is a perfect spot to put your grill. Two sides of the back yard are fenced. The full basement could be finished for additional living space!

Last Listed By

Andrew Keller

Knockout Real Estate License #6501404870 Listed on: 07/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 91.00x160.00

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 1,228 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Net Metering or Smart Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bavarian Estates No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03116221376000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,275

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1975
  • State Equalized Value: 75200.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Utility Smart Meter
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Built-In Gas Range, Built-In Refrigerator, Washer
  • Sq Ft Combined: 1228
  • Total Sq Ft: 1228
  • Sq Ft Total Bsmt: 1264

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding), Vinyl
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 91
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Frankenmuth

Lot Info

  • Homestead: Yes
  • List Price per Acre: 709090.9091
  • Lot Size Area: 0.33
  • Lot Dimensions: 91.00X160.00
  • Parcel Number: 03116221376000

Tax Info

  • Tax Amount Summer: 1644.0000
  • Tax Amount Winter: 631.0000
  • Total Tax: 2275.0000
  • Taxable Value: 64498.0000

MLS Schools

  • School District: Frankenmuth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 22, 2020
Sold by
Price Paul L and Price Brenda S
Bought by
Swarts Byron R
Seller's Agent
Andrew Keller
Knockout Real Estate
Buyer's Agent
Karen Andon
List Price
$244,000
Sold Price
$229,000
Premium/Discount to List
-$15,000
-6.15%
Total Days on Market
27
Current Estimated Value
$306,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,063
Avg. Annual Appreciation
6.78%
Original Mortgage
$183,200
Outstanding Balance
$165,865
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$142,570

Purchase Details

Closed on
Oct 17, 2001
Sold by
Price Paul L
Bought by
Price Paul L and Price Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1990

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 Buyer Sale Price Title Company
Swarts Byron R $229,000 None Available
Price Paul L -- --
-- $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swarts Byron R $183,200
Previous Owner Price Paul L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $229,000 -2.1% $186 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $234,000 -4.1% $191 / Sq Ft
07/24/2020 07/24/20 For Sale $244,000 -- $199 / Sq Ft
Source: Realcomp

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 $2,185 $116,100 $0 $0
2023 $2,547 $111,000 $0 $0
2022 $3,360 $99,800 $0 $0
2021 $3,099 $85,200 $0 $0
2020 $2,376 $80,300 $0 $0
2019 $2,275 $75,200 $0 $0
2018 $1,542 $73,500 $0 $0
2017 $2,060 $73,600 $0 $0
2016 $2,038 $69,100 $0 $0
2014 -- $60,000 $0 $41,200
2013 -- $59,500 $0 $0
Source: Public Records

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Source: Realcomp

MLS Number: 2200057866

Realcomp

APN: 03116221376000