NOT LISTED FOR SALE

531 Elm St Colon, MI 49040

Estimated Value: $213,206 - $256,000

3 Beds
1 Bath
1,802 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $94,000 $52 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,339/month

88 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of September 2016

Immaculate, All brick cape cod with over 1800 total SF! The Main level features a large living room with fireplace, remodeled bath and spacious master bedroom. The kitchen and dining area have been freshly painted and there's a very convenient laundry area/mud room nearby. You'll find 2 additional bedrooms upstairs and a huge rec. room in the lower level. The over-sized garage is sure to please with massive loft for storage, 2 overhead doors and matching brick facade.

Last Agent to Sell the Property

Justin Rarick

Berkshire Hathaway HomeServices Michigan Real Estate License #6506043605 Listed on: 05/21/2016

Last Buyer's Agent

Jennifer Valente

Evenboer Walton, REALTORS License #6501393972

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132x132

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Cooktop

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1802.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2337.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • General Property Info:SqFt Above Grade: 1428.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1802.0
  • Window Features: Screens
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 374.0
  • Basement Rooms:Total Basement SQFT: 1080.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Cook Top: Yes
  • Below Grade Sq Ft: 374.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 97500.0
  • Lot Features: Sidewalk
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 132x132
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2337.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2016
Closed on
Sep 27, 2016
Sold by
Zehr Jeremiah and Zehr Kori Marie
Bought by
Cleveland Melissa
Seller's Agent
Justin Rarick
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Jennifer Valente
Evenboer Walton, REALTORS
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%
Current Estimated Value
$227,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,302
Avg. Annual Appreciation
10.26%
Original Mortgage
$96,658
Outstanding Balance
$79,255
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$148,047

Purchase Details

Closed on
Nov 17, 2005
Sold by
Corder Patricia A and Corder Kimberly D
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Mar 31, 2004
Sold by
Outman Janice Nadine and Ryan Lorraine Clara
Bought by
Corder Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1999

Purchase Details

Closed on
Aug 6, 1996

Purchase Details

Closed on
Jul 31, 1996
Source: Public Records

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
Cleveland Melissa $94,000 Title Resource Agency
Chase Home Finance Llc $93,500 --
Corder Patricia A $105,000 Chicago Title Sturgis
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Melissa $96,658
Previous Owner Corder Patricia A $107,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $94,000 -5.1% $52 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $99,000 -- $55 / 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
2025 $1,553 $110,200 $19,700 $90,500
2024 $1,365 $94,200 $10,200 $84,000
2023 $1,488 $87,000 $10,200 $76,800
2022 $0 $64,900 $10,200 $54,700
2021 $1,767 $60,900 $10,200 $50,700
2020 $653 $62,800 $8,100 $54,700
2019 $500 $52,400 $8,100 $44,300
2018 $1,787 $46,100 $8,100 $38,000
2017 $1,823 $47,200 $47,200 $0
2016 -- $45,600 $45,600 $0
2015 -- $44,100 $0 $0
2014 -- $45,000 $45,000 $0
2012 -- $36,800 $36,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16024722

Southwestern Michigan Association of REALTORS®

APN: 041-090-028-00