NOT LISTED FOR SALE

5445 Shepper Rd Stockbridge, MI 49285

Estimated Value: $151,000 - $169,000

3 Beds
1 Bath
984 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $125,000 $127 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,033/month

4 Days on Market

About This Home

As of July 2023

This house has so much potential to make someone a great home., with just a little bit of love. This home sits back of the road, giving you a wonderful front yard view. Back section of the yard has mature trees that will give you loads of shade in the summer months. Inside you will find three bedrooms, main floor laundry, and a spacious living room. In the basement you have even more potential. Lot of room for storage or possibly evening expanding your living space. Come see this home today before it belongs to someone else.

Last Agent to Sell the Property

Ashley Winston

RE/MAX Perrett Associates License #6501379385 Listed on: 04/12/2023

RE/MAX Perrett Associates

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1968

Lot Details

  • 0.66 Acre Lot

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 111.69
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 984.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 862.99
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 984.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 984.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 504.0

Exterior Features

  • Construction Materials: Other
  • List Price: 109900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 28750.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 862.99
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jul 25, 2023
Sold by
Southwest Michigan Asset Management Llc
Bought by
Joseph Derek Michael
Seller's Agent
Ashley Winston
RE/MAX Perrett Associates
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$109,900
Sold Price
$125,000
Premium/Discount to List
$15,100
13.74%
Views
93
Current Estimated Value
$163,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,251
Avg. Annual Appreciation
11.27%
Original Mortgage
$122,735
Outstanding Balance
$119,752
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$42,447

Purchase Details

Closed on
Jan 20, 2023
Sold by
Barker Amberlee
Bought by
Southwest Michigan Asset Management Llc

Purchase Details

Closed on
Jan 19, 2023
Sold by
Ingham County
Bought by
Cim 2021-R5

Purchase Details

Closed on
Feb 10, 2022
Sold by
Clifford Gerber
Bought by
Gerber Clifford
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Derek Michael $125,000 None Listed On Document
Southwest Michigan Asset Management Llc $15,347 --
Cim 2021-R5 $42,153 --
Gerber Clifford -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Derek Michael $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $125,000 +13.7% $127 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $109,900 -- $112 / Sq Ft
Source: MichRIC

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 $2,161 $59,100 $12,300 $46,800
2024 $8 $58,900 $11,800 $47,100
2023 $906 $51,800 $7,500 $44,300
2022 $863 $45,600 $7,200 $38,400
2021 $851 $43,200 $0 $0
2020 $838 $42,500 $0 $0
2019 $793 $36,600 $7,300 $29,300
2018 $786 $30,000 $6,800 $23,200
2017 $743 $30,000 $6,800 $23,200
2016 -- $29,650 $6,600 $23,050
2015 -- $27,100 $12,540 $14,560
2014 -- $22,650 $11,880 $10,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23010818

MichRIC

APN: 16-16-36-400-035