NOT LISTED FOR SALE

5485 W Us Highway 12 Buchanan, MI 49107

Estimated Value: $143,000 - $259,000

2 Beds
1 Bath
1,125 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $144,000 $128 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,320/month

14 Days on Market

Highlights

  • Barn
  • Power Generator
  • No Heating
  • Wooded Lot
  • Replacement Windows
  • 1-Story Property

About This Home

As of August 2024

INCREDIBLE Opportunity!
An Absolutely Gorgeous 6.5 Acres of prime real estate.
Be prepared to fall in Love! Tucked away wooded acreage like this is hard to come by, don't miss out!
The brick property sits back off the highway with a canopy of trees enveloping the home & mini lofted barn. The interior is under construction and offers new windows, framing, wiring and a generator. Primed and ready to Customize into whatever your heart desires! This is the Investment you have been looking for. Only $165,000!

Last Agent to Sell the Property

Gail Grosse

144 Keys License #6502433628 Listed on: 07/12/2024

144 Keys

Last Buyer's Agent

Heather Lloyd

Century 21 Affiliated License #6501417911

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1954

Lot Details

  • 6.5 Acre Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Farming

  • Barn

Utilities

  • No Heating
  • Power Generator
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1954
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular Lot
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1125.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2329.0
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Substructure:Slab: Yes
  • Additional Items:Generator: Yes
  • General Property Info:SqFt Above Grade: 1125.0
  • General Property Info Garage YN: No
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1125.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding, Block, Brick
  • List Price: 165000.0
  • Lot Features: Wooded
  • Other Structures: Barn(s)
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Electric: Generator
  • Heating: None, Other
  • Heating: No
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 6.5
  • Lot Size Area: 6.5
  • Lot Dimensions: Irregular Lot
  • Lot Size Sq Ft: 283140.0

Tax Info

  • Tax Annual Amount: 2329.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 14, 2024
Sold by
Haymes Tom A
Bought by
Payne Leland E
Seller's Agent
Gail Grosse
144 Keys
Buyer's Agent
Heather Lloyd
Century 21 Affiliated
List Price
$165,000
Sold Price
$144,000
Premium/Discount to List
-$21,000
-12.73%
Views
3
Current Estimated Value
$210,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,924
Avg. Annual Appreciation
39.77%
Original Mortgage
$133,500
Outstanding Balance
$132,012
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$78,912

Purchase Details

Closed on
Aug 7, 2017
Sold by
Nelson Barbara and Arnold Stevie J
Bought by
Haymes Tom A

Purchase Details

Closed on
Sep 11, 2015
Sold by
Nelson Barbara
Bought by
Nelson Barbara and Arnold Stevie J

Purchase Details

Listed on
Aug 1, 2013
Closed on
Nov 19, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Nelson Barbara
Seller's Agent
Korissa Wilkins
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$50,000
Sold Price
$32,500
Premium/Discount to List
-$17,500
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%

Purchase Details

Closed on
Nov 15, 2012
Sold by
Cox David G and Cox Tami S
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Dec 26, 2006
Sold by
Ward Jason R and Ward Tonya R
Bought by
Cox David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,984
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1991

Purchase Details

Closed on
Apr 29, 1987
Source: Public Records

Range of Values:

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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
Payne Leland E $144,000 Meridian Title
Payne Leland E $144,000 Meridian Title
Haymes Tom A $65,000 Mtc
Nelson Barbara -- None Available
Nelson Barbara $32,500 Premium Title Services Inc
Hsbc Bank Usa Na $68,000 None Available
Cox David G -- Chicago Title
-- $46,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Leland E $133,500
Closed Payne Leland E $133,500
Previous Owner Cox David G $114,984
Previous Owner Cox David G $28,746
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $144,000 -12.7% $128 / Sq Ft
06/28/2024 06/28/24 For Sale $165,000 +407.7% $147 / Sq Ft
11/28/2013 11/28/13 Sold $32,500 -35.0% $29 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $50,000 -- $44 / 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 $2,422 $97,200 $0 $0
2024 $782 $81,600 $0 $0
2023 $745 $70,100 $0 $0
2022 $709 $60,600 $0 $0
2021 $2,193 $58,700 $31,100 $27,600
2020 $2,151 $58,500 $0 $0
2019 $2,112 $49,800 $26,300 $23,500
2018 $2,096 $49,800 $0 $0
2017 $1,198 $49,900 $0 $0
2016 $1,169 $51,500 $0 $0
2015 $937 $50,200 $0 $0
2014 $517 $58,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24033281

Southwestern Michigan Association of REALTORS®

APN: 11-05-0008-0015-03-6