NOT LISTED FOR SALE

54312 Delong Rd Marcellus, MI 49067

Estimated Value: $180,000 - $203,000

3 Beds
1 Bath
1,620 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $77,147 $48 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,075/month

42 Days on Market

About This Home

As of July 2015

54312 Delong Rd Marcellus MI 49067 Reduced $69,900 Farm House ''on a hill'' with Large Detached Pole Barn in quiet rural setting. Seller is selling the property AS IS. Buyer to verify all data. Clients may see all data and schedule showings at www.REOmamma.com or call Richard Stewart 269-345-7000 REO Specialists llc AGENTS please follow instructions in MLS

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 04/23/2015

Last Buyer's Agent

Karen Hay

Cressy & Everett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1800

Lot Details

  • 2 Acre Lot

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1800
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1620.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1273.16
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1620.0
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1620.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 810.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 69900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Dimensions: 1
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1273.16
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 17, 2015
Sold by
U S Bank Trust Na
Bought by
Morris Eric H
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Karen Hay
Cressy & Everett Real Estate
List Price
$74,900
Sold Price
$77,147
Premium/Discount to List
$2,247
3%
Current Estimated Value
$187,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,249
Avg. Annual Appreciation
9.42%
Original Mortgage
$73,289
Outstanding Balance
$57,724
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$133,601

Purchase Details

Closed on
Jul 24, 2014
Sold by
Abel Scott and Abel Tammy
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Jul 31, 2006
Sold by
Nolan Joann
Bought by
Abel Scott and Abel Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 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
Morris Eric H $77,147 Etitle
Us Bank Trust Na $105,875 None Available
Abel Scott $106,000 Devon Title Three Rivers
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Eric H $16,000
Open Morris Eric H $73,289
Previous Owner Abel Scott $118,614
Previous Owner Abel Scott $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $77,147 +3.0% $48 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $74,900 -- $46 / 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
2024 $591 $67,800 $16,600 $51,200
2023 $563 $53,800 $9,600 $44,200
2022 $0 $50,500 $7,300 $43,200
2021 $1,404 $51,200 $14,200 $37,000
2020 $852 $50,800 $14,200 $36,600
2019 $525 $49,300 $14,200 $35,100
2018 $1,334 $64,400 $14,600 $49,800
2017 $1,269 $64,800 $64,800 $0
2016 -- $49,100 $49,100 $0
2015 -- $49,700 $0 $0
2014 -- $57,040 $57,040 $0
2012 -- $48,410 $48,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15018793

Southwestern Michigan Association of REALTORS®

APN: 007-028-010-10