NOT LISTED FOR SALE

530 E State St Colon, MI 49040

Estimated Value: $172,562 - $195,000

4 Beds
1 Bath
2,030 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $64,000 $32 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,105/month

106 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Eat-In Kitchen
  • Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of July 2012

Large family home in Colon. Updated and ready to move into. Newer bath, berber carpets, freshly painted walls, large bedrooms, replacement windows and a new roof. 2 plus car attached garage. This is a real nice home.

Last Listed By

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 07/13/2010

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 82x264
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway
  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,030 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Basement
  • Michigan Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Play Equipment

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Ceiling Fans, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 2030.0
  • Window Features: Replacement
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment, Deck(s)
  • List Price: 79900.0
  • Lot Features: Sidewalk, Wooded
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Play Equipment: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Unpaved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 82x264
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2010
Closed on
Jul 31, 2012
Sold by
Frohriep John O and Frohriep Carol J
Bought by
Hess Scott D and Hess Patricia
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%
Total Days on Market
106
Current Estimated Value
$185,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,891
Avg. Annual Appreciation
8.20%
Original Mortgage
$65,280
Outstanding Balance
$46,922
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$128,174

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
Hess Scott D $64,000 Patrick Abstract & Title Off
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Scott $14,779
Open Hess Scott D $65,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $64,000 -19.9% $32 / Sq Ft
10/27/2010 10/27/10 Pending -- -- --
07/13/2010 07/13/10 For Sale $79,900 -- $39 / 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 $884 $69,200 $5,800 $63,400
2023 $964 $63,800 $5,800 $58,000
2022 $0 $48,600 $4,900 $43,700
2021 $787 $45,400 $4,900 $40,500
2020 $423 $48,600 $4,200 $44,400
2019 $324 $40,200 $4,200 $36,000
2018 $1,158 $34,600 $4,200 $30,400
2017 $1,130 $35,500 $35,500 $0
2016 -- $34,500 $34,500 $0
2015 -- $33,300 $0 $0
2014 -- $34,100 $34,100 $0
2012 -- $27,200 $27,200 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 10031229

Southwestern Michigan Association of REALTORS®

APN: 041-777-051-00