NOT LISTED FOR SALE

5500 Reading Rd Reading, MI 49274

Estimated Value: $304,000 - $404,487

6 Beds
-- Bath
1,584 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $270,000 $170 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,183/month

69 Days on Market

Highlights

  • Stables
  • Recreation Room
  • Wood Flooring
  • 40 Acre Lot
  • Traditional Architecture
  • Pole Barn

About This Home

As of June 2018

Newer 2 story farm house with 6 bedrooms sitting on 40 Acres of mostly tillable or pasture ground. All 40 acres are fenced. Ice/well house is 22 X 12. Sheep barn is 78 X 38 with a 16 X 38 Lean. Calf barn is 76 X 34 with a 32 X 20. lean. Horse barn is 60 X 34 with an attached 36 X 30 docking barn. Garage is 28 X 21 and a 36 X 16 corn crib. House has large room thru out. Call Jeffrey today for your country living.

Last Listed By

Jeffrey Penick

RE/MAX Perrett Associates License #6501339372 Listed on: 03/20/2018

RE/MAX Perrett Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 2001

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 879.9 x 1980.11
  • Flag Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 1,584 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Living Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Pole Barn
  • Shed

Horse Facilities and Amenities

  • Stables

Utilities

  • No Heating
  • Well
  • Sewer Not Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floor
  • Fireplace: No
  • Total Bedrooms: 6
  • Main Level Bedrooms: 2
  • Basement: Crawl Space, Partial
  • LivingArea: 1584.0
  • Window Features: Insulated Windows
  • Basement Rooms:Total Basement SQFT: 528.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 319000.0
  • Lot Features: Flag Lot
  • Other Structures: Shed(s), Barn(s), Pole Barn, Stable(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Heating: None
  • Heating: No
  • Sewer: None
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 40.0
  • Lot Size Area: 40.0
  • Lot Dimensions: 879.9 X 1980.11
  • Lot Size Sq Ft: 1742400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1291.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2020
Sold by
Delagrange Joel S and Delagrange Ruth
Bought by
Lengacher Vernon and Lengacher Martha
Total Days on Market
69
Current Estimated Value
$373,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$256,168
Interest Rate
3.25%
Mortgage Type
USDA
Estimated Equity
$122,246

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 28, 2018
Sold by
Eicher Henry L and Eicher Rachel
Bought by
Delagrange Joel S and Delagrange Ruth
Seller's Agent
Jeffrey Penick
RE/MAX Perrett Associates
Buyer's Agent
Jeffrey Penick
RE/MAX Perrett Associates
List Price
$319,000
Sold Price
$270,000
Premium/Discount to List
-$49,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$270,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Lengacher Vernon $285,000 Public Title Company
Delagrange Joel S $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lengacher Vernon $285,000
Previous Owner Delagrange Joel S $270,000
Previous Owner Eicher Henry L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $270,000 -15.4% $170 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $319,000 -- $201 / 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
2024 $1,237 $159,200 $0 $0
2023 $1,179 $155,600 $0 $0
2022 $2,643 $156,400 $0 $0
2021 $2,631 $127,100 $0 $0
2020 $2,551 $131,600 $0 $0
2019 $2,484 $119,500 $0 $0
2018 $2,433 $111,900 $0 $0
2017 $2,290 $109,300 $0 $0
2016 $2,271 $95,800 $0 $0
2015 $993 $95,800 $0 $0
2013 $962 $91,260 $0 $0
2012 $939 $103,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010379

Southwestern Michigan Association of REALTORS®

APN: 10-024-400-004-24-7-4