NOT LISTED FOR SALE

525 Hunt St Lowell, MI 49331

Estimated Value: $245,000 - $339,000

3 Beds
1.5 Baths
1,696 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $119,900 $71 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,646/month

49 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot: Yes
  • Fenced Yard
  • Cherry Creek Elementary School Rated A-
  • Gazebo
  • Kitchen Island

About This Home

As of March 2016

Charming 3 Bedroom Ranch in Lowell. Close to schools and parks. Stunning Hardwood floors in Living Room, Hallway, Dining Room and Half Bath. New Carpet in all three bedrooms and new paint throughout. Large Kitchen with island and tons of storage and counter top space. Enjoy a partially finished basement perfect for entertaining. Oversized corner lot is fenced in and has an entertaining area. This is a Fannie Mae Home Path property.

Last Agent to Sell the Property

Steven Hanson

Hanson Real Estate Group License #6502371304 Listed on: 12/03/2015

Last Buyer's Agent

Philip Hooker

Greenridge Realty (Lowell) License #6506046258

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 135 x 149
  • Fenced Yard
  • Corner Lot: Yes
  • Property is zoned R2, R2

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Gazebo
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Connected

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 96.37
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 135 x 149
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1696.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 3335.0
  • Tax Info:Zoning3: R2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Wood Floor: Yes
  • Outbuildings:Storage Shed: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Appliances:Built in Oven: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cook Top
  • Interior Amenities: Ceiling Fans, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1696.0
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 400.0
  • Basement Rooms:Total Basement SQFT: 1296.0
  • Kitchen Features:Center Island: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 124900.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Gazebo: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20037.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3335.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Mar 29, 2016
Sold by
Fannie Mae
Bought by
Shah Andrew
Seller's Agent
Steven Hanson
Hanson Real Estate Group
Buyer's Agent
Philip Hooker
Greenridge Realty (Lowell)
List Price
$134,900
Sold Price
$119,900
Premium/Discount to List
-$15,000
-11.12%
Current Estimated Value
$265,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,981
Avg. Annual Appreciation
9.40%
Original Mortgage
$123,290
Outstanding Balance
$98,115
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$188,275

Purchase Details

Closed on
May 7, 2015
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae

Purchase Details

Closed on
Nov 5, 2014
Sold by
Burke David A
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jul 3, 1997
Bought by
Burke Speerstra>Burke and Burke David A

Purchase Details

Closed on
Aug 1, 1978
Bought by
Speerstra T and Burke David A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shah Andrew $119,900 Attorney
Fannie Mae -- None Available
Green Tree Servicing Llc $61,302 None Available
Burke Speerstra>Burke $93,900 --
Speerstra T $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Andrew $123,290
Previous Owner Burke David A $6,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $119,900 -11.1% $71 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $134,900 -- $80 / 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 $3,023 $112,800 $0 $0
2024 $3,023 $112,400 $0 $0
2023 $3,417 $100,100 $0 $0
2022 $3,278 $86,700 $0 $0
2021 $3,186 $76,800 $0 $0
2020 $2,640 $71,100 $0 $0
2019 $4,286 $68,500 $0 $0
2018 $4,286 $68,600 $0 $0
2017 $4,189 $62,600 $0 $0
2016 $3,412 $60,300 $0 $0
2015 -- $60,300 $0 $0
2013 -- $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15061787

MichRIC

APN: 41-20-02-102-014