NOT LISTED FOR SALE

5340 Summerfield Rd Petersburg, MI 49270

Estimated Value: $256,000 - $336,000

4 Beds
1 Bath
1,548 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $70,000 $45 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,852/month

Highlights

  • Second Garage
  • 3 Car Garage
  • Laundry Room

About This Home

As of January 2017

Absolutely beautiful piece of property on approx 5 acres in Petersburg! The home is partially gutted and in need of repair and TLC, but could be a dream home with this unbelievable piece of land! Very large farm barn with timber frame with partial concrete and partial dirt floors for the animals! Great location with short commute to Toledo or Ann Arbor! Subject to township approval of split.

Last Agent to Sell the Property

Ben Manley

The Danberry Company - Temperance License #MCAR-6501389062 Listed on: 03/01/2016

Last Buyer's Agent

Ben Manley

The Danberry Company - Temperance License #MCAR-6501389062 Listed on: 03/01/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 3 Car Garage
  • Second Garage
  • Workshop in Garage

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1411400100

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Fixer-Upper
  • Type Of Property: Single Family
  • Total Tax Amount: 2019
  • Year Built: 1900
  • Mail City: Petersburg
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 12 x 15
  • Bedroom 2: On Upper Floor, Dimensions: 8 x 14
  • Bedroom 3: On Upper Floor, Dimensions: 8 x 14
  • Bedroom 4: On Upper Floor, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Laundry, Utility/Laundry Room
  • Family Room: On Main Floor, Dimensions: 17 x 19
  • Kitchen: On Main Floor, Dimensions: 11 x 17
  • Living Room: On Main Floor, Dimensions: 11 x 17
  • Other Room1: Dimensions: 8x10, On Level: Main
  • Above Grade Finished Sq Ft: 1548
  • Total Finished Sq Ft: 1548

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Crawl
  • Road: Paved Street
  • Out Buildings: Barn

Garage/Parking

  • Garage: Additional Garage(s), Attached Garage, Detached Garage, Workshop
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating Fuel: Other (FuelType)
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 1411400100
  • Lot Description: Treed
  • Lot Dimensions: 330x660
  • Acreage: 5
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $843.00
  • Winter Tax: Amount: $1,176.00
  • Total Tax: Amount: $2,019.00

MLS Schools

  • School District: Summerfield School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jan 26, 2017
Sold by
Lucht Jason and Lucht Jason R
Bought by
Cundiff Ronald L and Cundiff Marsha G
Seller's Agent
Ben Manley
The Danberry Company - Temperance
Buyer's Agent
Ben Manley
The Danberry Company - Temperance
List Price
$87,900
Sold Price
$70,000
Premium/Discount to List
-$17,900
-20.36%
Current Estimated Value
$297,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,659
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Estate Of Wayne H Raddatz
Bought by
Lucht Jason and Lucht Jason R
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
Cundiff Ronald L $70,000 Hassett Title
Lucht Jason $249,900 Hassett Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $70,000 -20.4% $45 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $87,900 +25.6% $57 / Sq Ft
01/01/2017 01/01/17 Off Market $70,000 -- --
07/11/2016 07/11/16 Price Changed $87,900 -12.0% $57 / Sq Ft
06/13/2016 06/13/16 Price Changed $99,900 -58.0% $65 / Sq Ft
05/13/2016 05/13/16 Price Changed $237,900 -2.9% $154 / Sq Ft
03/21/2016 03/21/16 Price Changed $244,900 -5.8% $158 / Sq Ft
03/01/2016 03/01/16 For Sale $259,900 -- $168 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,490 $117,700 $117,700 $0
2024 $954 $112,500 $0 $0
2023 $908 $88,400 $0 $0
2022 $3,169 $88,400 $0 $0
2021 $3,081 $85,200 $0 $0
2020 $3,046 $77,700 $0 $0
2019 $3,420 $77,700 $0 $0
2018 $3,335 $72,900 $0 $0
2017 $2,391 $72,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21006455

Michigan Multiple Listing Service

APN: 14-114-001-40