NOT LISTED FOR SALE

5431 Sylvania Petersburg Rd Petersburg, MI 49270

Estimated Value: $317,000 - $390,000

3 Beds
2 Baths
1,938 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $314,000 $162 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,313/month

52 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Location, location, location! So much opportunity awaits you on this beautiful 10 acre lot! The remodeling has started and ready for you to finish to your liking! Many new items already done for you! New furnace in 2020. New roof in 2021. Bring your ideas and make this your country estate your dream home. Large barn and acreage provides options for your horses and animals! Barn has 17 stalls, tack room, office, upstairs loft, and workshop. Kitchen appliances, washer, and dryer included. Keys at closing! Sold as-is. Cash, conventional, or FHA 203K financing only. Call for your private showing today!

Last Agent to Sell the Property

Corey Welch

eXp Realty LLC in Monroe License #MCAR-6506047955 Listed on: 06/14/2023

eXp Realty LLC in Monroe

Last Buyer's Agent

Amy L. Hurst

Serenity Realty LLC License #MCAR-6501418885

Serenity Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 343x1330

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,938 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14-115-012-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,298

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3298
  • Total Tax Year: 2022
  • Year Built: 1920
  • Mail City: Petersburg
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 16 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 16 x 13
  • Bedroom 3: On Upper Floor, Dimensions: 14 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Family Room: On Main Floor, Dimensions: 25 x 18
  • Kitchen: On Main Floor, Dimensions: 14 x 12
  • Library Den: On Upper Floor, Dimensions: 21 x 13
  • Living Room: On Main Floor, Dimensions: 18 x 13
  • Other Room1: Dimensions: 12x9, On Level: Main
  • Below Grade Sq Ft: 970
  • Above Grade Finished Sq Ft: 1938
  • Total Finished Sq Ft: 1938

Exterior Features

  • Exterior: Aluminum, Vinyl Siding, Metal Siding
  • Foundation: Basement
  • Frontage: 343

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 14-115-012-00
  • Lot Dimensions: 343x1330
  • Acreage: 10
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,304.00
  • Winter Tax: Year: 2022, Amount: $1,994.00
  • Total Tax: Year: 2022, Amount: $3,298.00

MLS Schools

  • School District: Summerfield School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Sep 25, 2023
Sold by
Russell Melvin R and Russell Abba L
Bought by
Waldvogel Janelle
Seller's Agent
Corey Welch
eXp Realty LLC in Monroe
Buyer's Agent
Amy L. Hurst
Serenity Realty LLC
List Price
$350,000
Sold Price
$314,000
Premium/Discount to List
-$36,000
-10.29%
Views
348
Current Estimated Value
$365,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,826
Avg. Annual Appreciation
5.67%
Original Mortgage
$235,500
Outstanding Balance
$231,059
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$119,557

Purchase Details

Closed on
Aug 28, 2020
Sold by
Gilson Brian B
Bought by
Russell Melvin R and Russell Abba L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Waldvogel Janelle $314,000 Michigan Title Insurance Agenc
Russell Melvin R $206,000 Hassett Daniel T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldvogel Janelle $235,500
Previous Owner Russell Melvin R $186,000
Previous Owner Gilson Brian B $22,000
Previous Owner Gilson Brian B $203,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $314,000 -10.3% $162 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $350,000 -- $181 / 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 $4,022 $152,300 $152,300 $0
2024 $1,593 $146,100 $0 $0
2023 $1,369 $119,600 $0 $0
2022 $3,298 $119,600 $0 $0
2021 $3,233 $116,500 $0 $0
2020 $2,314 $105,400 $0 $0
2019 $3,774 $105,400 $0 $0
2018 $3,680 $90,500 $0 $0
2017 $3,612 $90,500 $0 $0
2016 $3,587 $87,500 $0 $0
2015 $3,433 $76,300 $0 $0
2014 $3,407 $76,300 $0 $0
2013 -- $79,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50112237

Michigan Multiple Listing Service

APN: 14-115-012-00