NOT LISTED FOR SALE

5472 E Gorman Rd Palmyra, MI 49268

Estimated Value: $213,000 - $242,000

4 Beds
1.5 Baths
2,059 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: January 5, 2024

Last sale price $196,000 $95 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,372 / mo

110 Days on Market

Highlights

  • Pole Barn
  • Porch
  • Ceiling Fan
  • Farmhouse Style Home
  • Forced Air Heating System

About This Home

As of January 2024

Back on the market! This charming farmhouse on 1.6 acres is more than just a home – it's an opportunity to create memories that will last a lifetime. With over 2,000 square feet of space, this 1.5 bath, 4-bedroom gem has the potential for a 5th bedroom, allowing ample room for your growing needs. Character radiates from every angle, embracing the history and uniqueness that only a property like this can offer. The sprawling 1.6-acre lot provides the space for outdoor adventures, gardening, or simply basking in the tranquility of nature. But that's not all – this property comes complete with not one, but two impressive pole barns. A 32x60 and a 30x100 barn offer endless possibilities, whether you're a hobbyist, entrepreneur or someone who craves space for their passions. The larger barn even boasts its own electric setup with a convenient 220 hook up. Embrace the rural lifestyle with a chicken coop and pig pen, perfect for those looking to embrace a bit of homesteading. Imagine gathering fresh eggs and tending to your animals right on your own property – a truly unique and fulfilling experience. Location-wise, you're perfectly positioned just 30 miles from Toledo & 11 minutes to Adrian, making it easy to enjoy city amenities while coming home to the peace and serenity of your own rural retreat. It's not just a house; it's an opportunity to create a life filled with stories, laughter, and cherished moments. Don't miss out on this chance to turn a house into your forever home. Schedule a viewing today and let your imagination run wild!

Last Agent to Sell the Property

Travis Scott

EXP Realty License #FAAR Listed on: 08/26/2023

EXP Realty

Last Buyer's Agent

Al Schneider

ARE Homes, LLC License #RCO-6501218970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 208 x 335

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,059 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Block Basement Construction

Outdoor Features

  • Pole Barn
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number PA0-133-1950-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,701

Year Built

Built in 1900

Lot Details

1.6 Acres

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Total Tax Amount: 1701
  • Year Built: 1900
  • Mail City: Palmyra
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, MI Basement
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 17 x 14
  • Bedroom 2: Dimensions: 22 x 16
  • Bedroom 3: Dimensions: 17 x 14
  • Bedroom 4: Dimensions: 14 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Room Types: First Floor Laundry
  • Living Room: On Main Floor
  • Below Grade Sq Ft: 866
  • Above Grade Finished Sq Ft: 2059
  • Total Finished Sq Ft: 2059
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 335
  • Out Buildings: Barn, Pole Barn
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Lot Info

  • Assessor Parcel Number: PA0-133-1950-00
  • Zoning: Residential
  • Lot Dimensions: 208 X 335
  • Acreage: 1.6
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $815.00
  • Winter Tax: Year: 2022, Amount: $886.00
  • Total Tax: Amount: $1,701.00

MLS Schools

  • School District: Blissfield Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Dec 9, 2017
Sold by
Whitt James and Whitt Penellanie K
Bought by
Pello Gregory A
Seller's Agent
Frank Feldt
RE/MAX Home Sale Services
List Price
$129,900
Sold Price
$132,000
Premium/Discount to List
$2,100
1.62%
Current Estimated Value
$223,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,372
Avg. Annual Appreciation
6.50%
Original Mortgage
$133,333
Outstanding Balance
$112,138
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$111,234
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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Purchase History

Date Buyer Sale Price Title Company
Pello Gregory A $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pello Gregory A $133,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $196,000 -2.0% $95 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $199,997 -10.3% $97 / Sq Ft
11/09/2023 11/09/23 Price Changed $222,900 -2.2% $108 / Sq Ft
10/10/2023 10/10/23 Price Changed $227,900 -0.9% $111 / Sq Ft
09/25/2023 09/25/23 Price Changed $229,900 -2.1% $112 / Sq Ft
09/05/2023 09/05/23 Price Changed $234,900 -2.1% $114 / Sq Ft
08/30/2023 08/30/23 Price Changed $239,900 -2.0% $117 / Sq Ft
08/26/2023 08/26/23 For Sale $244,900 +85.5% $119 / Sq Ft
12/10/2017 12/10/17 Sold $132,000 +1.6% $75 / Sq Ft View Prior Sale
11/06/2017 11/06/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $129,900 -- $74 / Sq Ft
Source: Michigan Multiple Listing Service

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 $93,700 $0 $0
2024 $9 $90,700 $0 $0
2023 $1,663 $81,300 $0 $0
2022 $752 $69,200 $0 $0
2021 $1,600 $68,900 $0 $0
2020 $1,579 $69,600 $0 $0
2019 $216,024 $91,800 $0 $0
2018 $2,262 $91,496 $0 $0
2017 $1,747 $92,040 $0 $0
2016 $1,730 $103,230 $0 $0
2014 -- $96,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50120176

Michigan Multiple Listing Service

APN: PA0-133-1950-00

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