NOT LISTED FOR SALE

5309 Spring Arbor Rd Jackson, MI 49201

Estimated Value: $244,000 - $280,000

5 Beds
2 Baths
1,794 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $38,760 $22 Per Sq Ft

Est. 577% increase in value since last sale

Current estimated payment $1,647/month

62 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Garage

About This Home

As of January 2013

Price Reduced! HUD Home. This home features over 1700 square feet of living space. Master is separated from other bedrooms. Open living room, kitchen, family room floor plan. Laundry room on main floor. Large, fenced yard. Disclosure: Repairs exceed $5000. Repairs may include, but not limited to, electrical, roof, plumbing. Inspection recommended. Evidence of a mold-like substance and water infiltration, take appropriate action. HVAC system needs replacment. Roof is near the end of its useful life, replacement is recommended.

Last Agent to Sell the Property

Ben Latocki

Production Realty Listed on: 10/12/2012

Last Buyer's Agent

Tad French

Heart for Homes, LLC License #6501345481

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x160

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,794 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairway Heights Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 25.42
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100X160
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1794.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 2063.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Fairway Heights
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1794.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • List Price: 45600.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage Type:_two_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16117.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2063.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2011
Sold by
Flagstar Bank Fsb
Bought by
The Secretary Of Housing & Urban Develop
Current Estimated Value
$262,431

Purchase Details

Closed on
Sep 25, 2002
Sold by
Polewka Anthony E and Polewka Kelly
Bought by
Walz James A and Walz Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1995
Bought by
Polewka
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Secretary Of Housing & Urban Develop -- None Available
Walz James A $132,000 --
Polewka $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walz James A $138,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2013 01/09/13 Sold $38,760 -- $22 / 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 $3,262 $103,500 $0 $0
2024 $1,552 $102,800 $0 $0
2023 $1,552 $95,000 $0 $0
2022 $2,916 $94,000 $0 $0
2021 $2,839 $82,060 $0 $0
2020 $2,934 $65,950 $0 $0
2019 $2,655 $60,750 $0 $0
2018 $2,615 $56,870 $10,070 $46,800
2017 $2,534 $57,970 $0 $0
2016 $1,386 $71,480 $71,480 $0
2015 $56,960 $62,540 $62,540 $0
2014 $56,960 $56,960 $56,960 $0
2013 -- $56,960 $56,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21076315

MichRIC

APN: 105-12-12-402-001-00