NOT LISTED FOR SALE

5262 E Gratiot Rd Elsie, MI 48831

Estimated Value: $153,429 - $181,000

3 Beds
1 Bath
1,332 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $148,000 $111 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,175/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Rural View
  • Main Floor Primary Bedroom
  • Ovid-Elsie High School Rated 10
  • Pole Barn
  • Living Room

About This Home

As of October 2024

This 3 bedroom, 1 bath home on 1.61 acres. You are going to love the 40 x 20 pole barn with 2 garage doors and a cement floor. Formal dining room, first floor bedroom. Newer roof, furnace, and bath. With a little TLC this would make a great home. This home has been rented for over 20 years. Sold as is. Seller reserves crops. Taxable, taxes are based on 100 acre parent parcel.

Last Agent to Sell the Property

Christine Shutes

RE/MAX Real Estate Professionals Dewitt Brokerage Phone: 517-669-8118 License #6501320488 Listed on: 08/26/2024

RE/MAX Real Estate Professionals Dewitt

Last Buyer's Agent

Kari Dickenson

RE/MAX Real Estate Professionals Dewitt License #6506045709

RE/MAX Real Estate Professionals Dewitt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1875

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 163.25x430
  • The property's road front is unimproved
  • Property fronts a county road
  • North Facing Home
  • Rectangular Lot
  • Garden
  • Back and Front Yard
  • Property is zoned Agricultural Res

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Rural Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 100 Amp Service
  • Well
  • Septic Tank

Additional Features

  • Pole Barn
  • Agricultural

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Other
  • Tax Year: 2023
  • Levels: One and One Half
  • Year Built: 1875
  • Attribution Contact: 517-669-8118
  • Lot Size Acres: 1.61
  • Lot Size: 163.25x430
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1332.0
  • Architectural Style: Colonial
  • Living Area: 1332.0
  • General Property Info:Lot Size Dimensions: 163.25x430
  • General Property Info:Above Grade Finished Area: 1332.0
  • General Property Info:Total Livable Area: 1332.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Other Structures:Pole Barn: Yes
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: No
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • Architectural Style:Colonial: Yes
  • Flooring:Vinyl2: Yes
  • General Property Info:Pool Private2: No
  • Cooling:None8: Yes
  • Road Frontage Type:County Road: Yes
  • Foundation Details:Combination: Yes
  • View:Rural: Yes
  • Tax Info:Zoning3: Agricultural Res
  • Road Surface Type:Unimproved4: Yes
  • General Property Info:Building Area Total SqFt: 2220.0
  • General Property Info:Front Door: North
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Propane
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Private Spa: No
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Combination
  • Lot Features: Agricultural, Back Yard, Front Yard, Garden, Rectangular Lot
  • OtherStructures: Pole Barn
  • RoadFrontageType: County Road
  • RoadSurfaceType: Unimproved
  • View: Rural
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: North
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Parking Features:Other28: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: None
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: None
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Ovid-Elsie

Lot Info

  • Lot Size Sq Ft: 70131.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 9631
  • Tax Annual Amount: 3061.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 30, 2024
Sold by
Wadell Jeffrey S and Wadell Amy J
Bought by
Cook Joshua and Geller Sandra L
Seller's Agent
Christine Shutes
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Kari Dickenson
RE/MAX Real Estate Professionals Dewitt
List Price
$169,000
Sold Price
$148,000
Premium/Discount to List
-$21,000
-12.43%
Views
79
Current Estimated Value
$170,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,107
Avg. Annual Appreciation
11.88%
Original Mortgage
$143,560
Outstanding Balance
$141,527
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$28,580

Purchase Details

Closed on
Dec 10, 2018
Sold by
Wadell Jeffrey S and Wadell Amy J
Bought by
Wadell Jeffrey S and Wadell Amy J

Purchase Details

Closed on
Jun 30, 2015
Sold by
Wadell Gail M
Bought by
Wadell Charles A

Purchase Details

Closed on
Dec 21, 2012
Sold by
Wadell Charles A
Bought by
Wadell Jeffrey S
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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Purchase History

Date Buyer Sale Price Title Company
Cook Joshua $148,000 Transnation Title
Wadell Jeffrey S -- None Available
Wadell Jeffrey S -- None Available
Wadell Charles A -- Attorney
Wadell Jeffrey S -- None Available
Wadell Charles A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Joshua $143,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $148,000 -4.5% $111 / Sq Ft
09/27/2024 09/27/24 Price Changed $154,900 -8.3% $116 / Sq Ft
08/26/2024 08/26/24 For Sale $169,000 -- $127 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,267 $0 $0 $0
2024 $12 $346,200 $283,400 $62,800
2023 $1,166 $308,500 $0 $0
2022 $2,882 $313,600 $284,600 $29,000
2021 $2,916 $300,600 $273,400 $27,200
2020 $2,835 $344,500 $313,800 $30,700
2019 $3,289 $336,400 $305,300 $31,100
2018 $0 $320,400 $293,300 $27,100
2017 -- $318,100 $285,200 $32,900
2016 $2,334 $313,900 $285,200 $28,700
2015 -- $279,500 $0 $0
2011 -- $223,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Shutes

    Seller's Agent in 2024

    Christine Shutes

    RE/MAX Michigan

    (989) 640-1393

    75 Total Sales

    Christine Shutes
    Section Image
  • Kari Dickenson

    Buyer's Agent in 2024

    Kari Dickenson

    RE/MAX Michigan

    (517) 819-6139

    262 Total Sales

    Kari Dickenson
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 283118

Greater Lansing Association of Realtors®

APN: 060-005-200-005-00

Michigan Clinton County Elsie 48831

5262 E Gratiot Rd, Elsie, MI

Not Listed for Sale

Detached

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