NOT LISTED FOR SALE

54551 Silver St Mendon, MI 49072

Estimated Value: $337,277 - $354,000

4 Beds
3 Baths
2,866 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $282,000 $98 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,896/month

5 Days on Market

Highlights

  • Barn
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Recreation Room
  • Den
  • Patio

About This Home

As of June 2021

Large ranch home featuring 4 bedrooms and 3 full baths with almost 3,000 sq ft. of finished living space. The main floor features a den, gas fireplace in the living room, large kitchen with hickory cabinets, and main floor laundry with brand new washer and dryer. There is also a 12x15 four seasons room that over looks the fenced in back yard, stamped concrete patio, and firepit. Aside from the attached 2 car garage there is an additional garage out back. Other features include a fully finished basement with new pool table (negotiable), tankless water heater, 2 more bedrooms (with egress), 1 full bath, and living area. All of this sits on just over an acre.

Last Agent to Sell the Property

Karissa Finnerman Rarick

Five Star Real Estate License #6501386288 Listed on: 05/03/2021

Five Star Real Estate

Last Buyer's Agent

Cheryl Westdale

Keller Williams GR East

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 2002

Lot Details

  • 1.06 Acre Lot
  • Level Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System

Additional Features

  • Patio
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 150.0
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: -
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2866.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2966.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1666.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener Owned
  • Interior Amenities: LP Tank Rented, Kitchen Island, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2866.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Finished SQFT: 1200.0
  • Basement Rooms:Total Basement SQFT: 1479.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1200.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: 3 Season Room
  • Fencing: Fenced Back
  • List Price: 249900.0
  • Lot Features: Level
  • Other Structures: Barn(s)
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Dimensions: -
  • Lot Size Sq Ft: 46173.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2966.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 7, 2021
Sold by
Kovak Timothy
Bought by
Perreault David and Perreault Ashley
Seller's Agent
Karissa Finnerman Rarick
Five Star Real Estate
Buyer's Agent
Cheryl Westdale
Keller Williams GR East
List Price
$249,900
Sold Price
$282,000
Premium/Discount to List
$32,100
12.85%
Current Estimated Value
$345,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,319
Avg. Annual Appreciation
4.49%
Original Mortgage
$267,900
Outstanding Balance
$242,550
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,769

Purchase Details

Listed on
Sep 21, 2017
Closed on
Jan 18, 2018
Sold by
Mcwilliams Paul J and Mcwilliams Jennifer F
Bought by
Kovak Timothy
Seller's Agent
Johnnie Decker
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Karissa Finnerman Rarick
Five Star Real Estate
List Price
$199,999
Sold Price
$182,500
Premium/Discount to List
-$17,499
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$179,193
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2012
Sold by
Munn Jennifer F and Mcwilliams Jennifer F
Bought by
Mcwilliams Paul J and Mcwilliams Jennifer F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
Dunlap Robert and Dunlap Delores
Bought by
Munn Jennifer F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,698
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Perreault David $282,000 Patrick Abtract & Ttl Office
Kovak Timothy $182,500 Patrick Abstract & Title Off
Mcwilliams Paul J -- Patrick Abstract & Title Off
Munn Jennifer F $166,000 Devon Title Three Rivers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perreault David $267,900
Previous Owner Kovak Timothy $179,193
Previous Owner Mcwilliams Paul J $140,000
Previous Owner Munn Jennifer F $164,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $282,000 +12.8% $98 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $249,900 +36.9% $87 / Sq Ft
01/18/2018 01/18/18 Sold $182,500 -8.7% $64 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $199,999 -- $70 / 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 $1,291 $147,800 $8,300 $139,500
2024 $1,256 $139,500 $8,300 $131,200
2023 $1,196 $119,800 $6,300 $113,500
2022 $1,140 $108,300 $6,600 $101,700
2021 $2,045 $102,800 $6,800 $96,000
2020 $2,022 $97,100 $5,800 $91,300
2019 $979 $92,800 $5,800 $87,000
2018 $2,056 $91,500 $5,800 $85,700
2017 $2,000 $81,000 $81,000 $0
2016 -- $78,800 $78,800 $0
2015 -- $74,400 $0 $0
2014 -- $69,600 $69,600 $0
2012 -- $61,200 $61,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21015060

MichRIC

APN: 010-030-009-35