NOT LISTED FOR SALE

5468 Palmer Rd Belding, MI 48809

Estimated Value: $168,000 - $243,000

2 Beds
1 Bath
736 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $50,000 $68 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,191/month

311 Days on Market

Highlights

  • Pole Barn
  • Living Room
  • Dining Area
  • No HOA
  • Ceiling Fan

About This Home

As of August 2013

THIS PROPERTY CONSIST OF 2 SEPERATE TAX ID'S.THE HOUSE IA A 2BEDROOM WITH LARGE ATTIC THAT COULD BE MADE INTO 3rd BEDROOM. HAS AN ACRE LOT WITH FRUIT TREES,BERRIES AND GARDEN AREA PLUS 2 LARGE STORAGE BUILDINGS. THE OTHER PARCEL HAS AN 2 BEDROOM 1989 MOBILE. SQUARE FOOTAGE OF 952FT. HOME 1/2 ACRE LOT, NICE GARAGE,PAVED DRIVE. ALL APPLIANCES WILL STAY FOR BOTH PROPERTIES.,EXCEPT WASHER AND DRYER IN HOUSE. MAKE A NICE RENTAL.

Last Agent to Sell the Property

Barbara Furton

Coldwell Banker Professionals License #6502365902 Listed on: 08/13/2012

Last Buyer's Agent

Jonathan Dinehart

Live Local Realty License #6502385999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1930

Lot Details

  • The property's road front is unimproved

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 736 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Well
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 736.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 55000.0
  • Other Structures: Shed(s), Pole Barn
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Telephone Line
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Rodney Zeller
Bought by
Green Terry
Current Estimated Value
$200,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Outstanding Balance
$74,456
Interest Rate
3.59%
Estimated Equity
$126,051

Purchase Details

Listed on
Aug 13, 2012
Closed on
Aug 8, 2013
Sold by
Fick Judith Diane and Fick Judith
Bought by
Guernsey Dorothy J and Guernsey William K
Seller's Agent
Barbara Furton
Coldwell Banker Professionals
Buyer's Agent
Jonathan Dinehart
Live Local Realty
List Price
$74,000
Sold Price
$50,000
Premium/Discount to List
-$24,000
-32.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$40,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Green Terry -- --
Guernsey Dorothy J $50,000 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Terry $94,000
Closed Green Terry --
Previous Owner Guernsey Dorothy J $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $50,000 -32.4% $68 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
08/13/2012 08/13/12 For Sale $74,000 -- $101 / 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
2025 $1,538 $65,100 $15,100 $50,000
2024 $341 $65,100 $15,100 $50,000
2023 $325 $48,600 $14,200 $34,400
2022 $310 $48,600 $14,200 $34,400
2021 $1,275 $37,800 $12,300 $25,500
2020 $297 $37,800 $12,300 $25,500
2019 $277 $33,600 $9,500 $24,100
2018 $1,208 $30,000 $9,500 $20,500
2017 $279 $30,000 $9,500 $20,500
2016 $277 $27,500 $9,500 $18,000
2015 -- $27,500 $9,500 $18,000
2014 $189 $25,300 $9,500 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12044001

Southwestern Michigan Association of REALTORS®

APN: 120-019-000-015-00