NOT LISTED FOR SALE

5503 Red Arrow Hwy Coloma, MI 49038

Estimated Value: $184,000 - $255,000

4 Beds
1 Bath
2,869 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $53,000 $18 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,304/month

1 Day on Market

Highlights

  • Recreation Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wooded Lot
  • Storm Windows
  • Replacement Windows

About This Home

As of October 2019

nice tri-level on .76 acres. very private rear yard with plenty of nature. plenty of square footage for entertaining , storage , or a growing family. great buy and area

Last Agent to Sell the Property

Thomas Tracey

RE/MAX Modern Realty, Inc. License #6501190463 Listed on: 09/22/2019

Co-Listed By

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 129x258
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,869 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Dining Area
  • Recreation Room with Fireplace
  • Partial Basement
  • Storm Windows
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Tri-Level
  • Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Architectural Style:Tri-Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Wood Stove, Recreation Room, Wood Burning
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 2869.0
  • Window Features: Storms, Replacement
  • Fireplace:Wood Burning: Yes
  • Fireplace:Rec Room: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 50000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • 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

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size Area: 0.76
  • Lot Dimensions: 129x258
  • Lot Size Sq Ft: 33106.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2019
Closed on
Oct 30, 2019
Sold by
Federal Housing Commissioner
Bought by
Genther Cameron C and Genther Jack D
Seller's Agent
Thomas Tracey
RE/MAX Modern Realty, Inc.
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%
Total Days on Market
1
Current Estimated Value
$218,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,884
Avg. Annual Appreciation
28.82%

Purchase Details

Listed on
Sep 22, 2019
Closed on
Oct 21, 2019
Sold by
Ben Carson Sec Of Hosuing & Urban Dev
Bought by
Genther Cameron C and Genther Jack D
Seller's Agent
Thomas Tracey
RE/MAX Modern Realty, Inc.
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%

Purchase Details

Closed on
Dec 11, 2018
Sold by
Midfirst Bank
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Jul 23, 2018
Sold by
Sheriff Of Berrien County
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 12, 2018
Sold by
Himes Richard H and Himes Diane Marie
Bought by
Midfirst Bank

Purchase Details

Closed on
Aug 27, 2004
Sold by
Foster Sharon D and Foster Larry A
Bought by
Himes Richard H and Himes Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,517
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1986

Purchase Details

Closed on
Mar 30, 1982

Purchase Details

Closed on
Oct 1, 1975
Source: Public Records

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Range of Values:

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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
Genther Cameron C $53,000 Chicago Title
Genther Cameron C $53,000 Chicago Title
Secretary Of Housing And Urban Dev -- None Available
Midfirst Bank $120,000 None Listed On Document
Midfirst Bank $120,000 None Available
Himes Richard H $147,000 --
-- $100 --
-- $43,500 --
-- $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Himes Richard H $136,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $53,000 +6.0% $18 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $50,000 -- $17 / 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 $1,709 $87,800 $0 $0
2024 $625 $79,700 $0 $0
2023 $596 $72,300 $0 $0
2022 $567 $64,500 $0 $0
2021 $1,571 $56,300 $6,800 $49,500
2020 $1,585 $49,800 $0 $0
2019 $1,919 $63,000 $6,800 $56,200
2018 $1,693 $63,000 $0 $0
2017 $1,680 $63,000 $0 $0
2016 $1,646 $61,600 $0 $0
2015 $1,636 $61,600 $0 $0
2014 $596 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19034913

Southwestern Michigan Association of REALTORS®

APN: 11-08-0030-0016-02-4