NOT LISTED FOR SALE

5501 Welch Lake Rd Grass Lake, MI 49240

Estimated Value: $182,892 - $224,000

3 Beds
1 Bath
1,245 Sq Ft
$164/Sq Ft Est. Value

About This Home

This home is located at 5501 Welch Lake Rd, Grass Lake, MI 49240 and is currently estimated at $204,473, approximately $164 per square foot. 5501 Welch Lake Rd is a home located in Jackson County with nearby schools including East Jackson Elementary School, East Jackson Middle School, and East Jackson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2008
Sold by
South Point Inc
Bought by
Southstar I Llc
Current Estimated Value
$199,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,250
Outstanding Balance
$15,122
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,039

Purchase Details

Closed on
Sep 19, 2007
Sold by
Fagan Stephen J and Fagan Shari M
Bought by
South Point Inc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Fagan Stephen J and Fagan Shari M
Bought by
South Point Inc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Fagan Michael and Fagan Sharon
Bought by
Fagan Stephen and Fagan Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Southstar I Llc -- Parks Title
South Point Inc $60,555 None Available
South Point Inc $60,555 None Available
Fagan Stephen $104,300 Mst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southstar I Llc $23,250
Previous Owner Fagan Stephen $100,000
Source: Public Records

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 $1,604 $77,900 $0 $0
2024 $1,079 $68,150 $0 $0
2023 $1,027 $64,100 $0 $0
2022 $1,455 $60,750 $0 $0
2021 $1,389 $55,650 $0 $0
2020 $1,373 $46,350 $0 $0
2019 $1,336 $43,250 $0 $0
2018 $1,305 $41,100 $0 $0
2017 $1,395 $39,950 $0 $0
2016 $872 $38,900 $38,900 $0
2015 $1,166 $38,000 $38,000 $0
2014 $1,166 $35,850 $0 $0
2013 -- $35,850 $35,850 $0
Source: Public Records

Map

Michigan Jackson County Grass Lake 49240

5501 Welch Lake Rd, Grass Lake, MI

This home is located at 5501 Welch Lake Rd, Grass Lake, MI 49240 and is currently estimated at $204,473, approximately $164 per square foot. 5501 Welch Lake Rd is a home located in Jackson County with nearby schools including East Jackson Elementary School, East Jackson Middle School, and East Jackson High School.

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