NOT LISTED FOR SALE

540 S Washington St Constantine, MI 49042

Estimated Value: $105,000 - $205,000

3 Beds
1.5 Baths
1,936 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $93,000 $48 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $919/month

16 Days on Market

Highlights

  • Deck
  • Mud Room
  • 2 Car Attached Garage
  • Traditional Architecture
  • Porch
  • 1-minute walk to South Washington Street Park

About This Home

As of April 2021

Multiple Offers presented-Highest & Best is due by 10:00 AM 3/17/21(Property is offered under the Freddie Mac First Look Initiative through 3/29/21). Abundant potential lies within this 1900+ sq foot 3-4 bdrm home. Enjoy the farm house like front porch. Basement, 2 car attached garage and an additional 20 X 20 metal storage bldg. Some TLC required throughout. No known problems with the property. The Furnace, electric and plumbing were all inspected and currently functioning properly. (NO SELLER DISC. SELLER HAS NO REPORT OR KNOWLEDGE OF LEAD BASED PAINT. BUYER MUST PROVIDE PRE-APPROVAL OR PROOF OF CASH FUNDS LETTER. EMD MUST BE CERTIFIED FUNDS (Cashier Check Only) MADE PAYABLE TO LISTING BROKERAGE.)

Last Agent to Sell the Property

Todd Krontz

Berkshire Hathaway HomeServices Michigan Real Estate License #6501260165 Listed on: 03/09/2021

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Samuel Murray

BHG Connections License #6501405058

BHG Connections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 87.5 x 165
  • Back Yard Fenced
  • Property is zoned Residential 401, Residential 401

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Mud Room
  • Living Room
  • Laminate Flooring
  • Basement
  • Michigan Basement
  • Storm Windows
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,198

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 87.5 X 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1936.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2197.97
  • Tax Info:Zoning3: Residential 401
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Windows:Storms: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1936.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1936.0
  • Window Features: Storms, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1040.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Fencing: Fenced Back
  • List Price: 74900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Public, Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Dimensions: 87.5 X 165
  • Lot Size Sq Ft: 14375.0
  • Zoning Description: Residential 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2197.97
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 13, 2021
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Malcom Mckenna
Seller's Agent
Todd Krontz
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Samuel Murray
BHG Connections
List Price
$74,900
Sold Price
$93,000
Premium/Discount to List
$18,100
24.17%
Current Estimated Value
$143,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,200
Avg. Annual Appreciation
9.33%
Original Mortgage
$88,350
Outstanding Balance
$80,628
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$55,947

Purchase Details

Closed on
Jan 27, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Southern Michigan Bank & Trust

Purchase Details

Closed on
Jul 18, 2019
Sold by
Mortensen Michael J
Bought by
Soutehrn Michigan Bank & Trust

Purchase Details

Closed on
Aug 13, 2008
Sold by
Trott and Trott P
Bought by
Mortensen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2008
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2008
Sold by
Lowery Derek
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 5, 2007
Sold by
Holderman Jerry L and Holderman Tina M
Bought by
Lowrey Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1990
Sold by
Fulton Jonathon W and Angela Jo
Bought by
Holderman Jerry L
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
Malcom Mckenna -- Radian Settlement Services
Southern Michigan Bank & Trust -- None Available
Soutehrn Michigan Bank & Trust $50,316 None Available
Southern Michigan Bank & Trust $50,316 None Available
Mortensen Michael J $54,500 Attorney Title Agency
Federal National Mortgage Association -- None Available
Citimortgage Inc $83,835 Vt
Lowrey Derek $79,000 Chicago Title Sturgis
Holderman Jerry L $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malcom Mckenna $88,350
Previous Owner Mortensen Michael J $56,200
Previous Owner Lowrey Derek $79,000
Previous Owner Holderman Jerry L $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $93,000 +24.2% $48 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $74,900 -- $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
2025 $1,617 $76,500 $8,300 $68,200
2024 $1,510 $70,700 $7,300 $63,400
2023 $1,495 $59,900 $6,600 $53,300
2022 $1,207 $54,200 $6,600 $47,600
2021 $1,037 $46,300 $7,300 $39,000
2020 $1,315 $40,800 $7,300 $33,500
2019 $1,330 $36,500 $7,300 $29,200
2018 $1,261 $34,200 $7,300 $26,900
2017 $1,227 $33,900 $33,900 $0
2016 -- $33,900 $33,900 $0
2015 -- $32,600 $0 $0
2014 -- $29,700 $29,700 $0
2012 -- $28,100 $28,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21006991

Southwestern Michigan Association of REALTORS®

APN: 043-190-041-00