NOT LISTED FOR SALE

545 E River Rd Muskegon, MI 49445

Estimated Value: $191,000 - $252,000

3 Beds
1.5 Baths
2,145 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $28,000 $13 Per Sq Ft

Est. 685% increase in value since last sale

Current estimated payment $1,253/month

125 Days on Market

About This Home

As of August 2012

HUD Home. PRICE REDUCTION! 3 Bedroom, 1.5 Bath Ranch-style. Reeths Puffer Schools. Half acrelot. Large living room with expansive windows, nice-sized kitchen. Dining room has lots of windows overlooking the spacious backyard. Full basement with a finished family room and large laundry area. Property is fenced with a storage shed in backyard. Buyer to verify all information. Disclosures: Evidence of defective paint, Property is connected to a septic system. Any required well and septic repairs will be the buyers expense. Repairs: Install guardrail on front porch, Remediate mold-like substance on basement wall, Install transition strips, Replace missing/damaged floor coverings in the kitchen and dining room, Install new furnace. Misc.: Minimum Commission Applies: Listing Broker $1,250, Sell

Last Agent to Sell the Property

Hazel Kuczmera

Exit Lakeshore Realty Listed on: 02/29/2012

Last Buyer's Agent

Joshua Blackshire

Exit Lakeshore Realty License #6501365104

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.5

Home Design

  • 2,145 Sq Ft Home
  • Composition Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Dishwasher
  • Shed
  • 0.5 Acre Lot
  • Septic System

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 2145.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 30800.0
  • Other Structures: Shed(s)
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21869.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Aug 16, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Diaz Jeanny Brito and Garcia Mary Garcia
Seller's Agent
Hazel Kuczmera
Exit Lakeshore Realty
Buyer's Agent
Joshua Blackshire
Exit Lakeshore Realty
List Price
$55,000
Sold Price
$28,000
Premium/Discount to List
-$27,000
-49.09%
Current Estimated Value
$219,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,789
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Mar 14, 2012
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 4, 2011
Sold by
Nichols Darryn E and Nichols Marjorie K
Bought by
Midfirst Bank

Purchase Details

Closed on
Jan 31, 2008
Sold by
Fields Urma Nell
Bought by
Nichols Darryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,373
Interest Rate
5.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Diaz Jeanny Brito $28,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Midfirst Bank $92,957 None Available
Nichols Darryn E $80,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Darryn E $79,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2012 08/21/12 Sold $28,000 -49.1% $13 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $55,000 -- $26 / 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 $1,379 $75,900 $0 $0
2024 $413 $69,600 $0 $0
2023 $395 $57,100 $0 $0
2022 $1,259 $46,600 $0 $0
2021 $1,232 $40,400 $0 $0
2020 $1,215 $38,600 $0 $0
2019 $1,197 $36,400 $0 $0
2018 $1,175 $37,200 $0 $0
2017 $1,169 $35,400 $0 $0
2016 $336 $32,500 $0 $0
2015 -- $31,200 $0 $0
2014 -- $30,600 $0 $0
2013 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12010840

MichRIC

APN: 10-730-000-0009-00