NOT LISTED FOR SALE

5424 Lacey St Osseo, MI 49266

Estimated Value: $72,000 - $142,861

3 Beds
1 Bath
1,068 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $41,000 $38 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $633/month

36 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • Recreation Room
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2018

This is a Fannie Mae Home Path property. Great opportunity! This home features a large kitchen with newer cabinets, formal dining room, main floor bedroom with a large walk through bathroom. Another bedroom upstairs with lots of storage pace. Large yard with a garage and car port. Seller requests all offers be made at www.homepath.com online offer system.

Last Agent to Sell the Property

Robin Cunningham

Coldwell Banker Morehart Realty License #6501386632 Listed on: 07/10/2018

Coldwell Banker Morehart Realty

Co-Listed By

Connie Crusciel

Coldwell Banker Morehart Realty License #6501271538

Last Buyer's Agent

Kelsey Staggs

Playford Real Estate License #6501409502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 87x165

Parking

  • 1 Car Detached Garage
  • Carport
  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Partial Basement
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 87X165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1068.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 366.29
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Driveway:Unpaved: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1068.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1068.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 384.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 42500.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, Carport
  • Parking Features:Detached2: Yes
  • Parking Features Carport14: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Dimensions: 87X165
  • Lot Size Sq Ft: 14374.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 366.29
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 13, 2018
Sold by
Federal National Mortgage Association
Bought by
Santi Mark
Seller's Agent
Robin Cunningham
Coldwell Banker Morehart Realty
Buyer's Agent
Kelsey Staggs
Playford Real Estate
List Price
$42,500
Sold Price
$41,000
Premium/Discount to List
-$1,500
-3.53%
Current Estimated Value
$103,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,940
Avg. Annual Appreciation
14.50%
Original Mortgage
$32,800
Outstanding Balance
$21,406
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$82,817

Purchase Details

Closed on
Jan 12, 2018
Sold by
Parks Derrick
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 1996
Sold by
Scharp Darrel D and Scharp Mary C
Bought by
Keefer Creg M

Purchase Details

Closed on
Oct 18, 1996
Sold by
Vosburgh Cleah
Bought by
Scharp Darrel and Scharp Mary

Purchase Details

Closed on
Feb 28, 1995
Sold by
Scharp Darrel D and Scharp Mary C
Bought by
Keefer Creg and Keefer Dianne

Purchase Details

Closed on
Jun 27, 1994
Sold by
Keefer Dianne M
Bought by
Keefer Creg M

Purchase Details

Closed on
Aug 18, 1981
Sold by
Vosburgh Cleah
Bought by
Scharp Darrell and Scharp Mary
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
Santi Mark $41,000 None Available
Federal National Mortgage Association -- None Available
Keefer Creg M $22,000 --
Scharp Darrel -- --
Keefer Creg $22,000 --
Keefer Creg M -- --
Scharp Darrell $800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santi Mark $32,800
Previous Owner Keefer Creg $10,318
Previous Owner Keefer Creg M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $41,000 -3.5% $38 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $42,500 -- $40 / 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 $702 $50,400 $0 $0
2024 $325 $43,700 $0 $0
2023 $309 $44,000 $0 $0
2022 $644 $29,600 $0 $0
2021 $628 $26,000 $0 $0
2020 $582 $26,000 $0 $0
2019 $568 $26,000 $0 $0
2018 $387 $24,700 $0 $0
2017 $370 $23,900 $0 $0
2016 $367 $23,900 $0 $0
2015 $195 $23,900 $0 $0
2013 $189 $22,510 $0 $0
2012 $185 $20,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18032308

Southwestern Michigan Association of REALTORS®

APN: 12-205-010-026-04-7-2