NOT LISTED FOR SALE

5505 Drake St Midland, MI 48640

Estimated Value: $240,000 - $300,000

4 Beds
3 Baths
2,434 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $165,000 $68 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,874/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Garage
  • Carpet
  • Woodcrest Elementary School Rated A-

About This Home

As of February 2020

Looking for a home walking distance from your childs school? Look no further. Beautiful home with 4 bed rooms, oak kitchen for entertainment. Finished basement for extra living space. Large deck to host your summer parties. Must give 24 hour notice for all showings. Tenant occupied. This home is subject to probate approval.

Last Agent to Sell the Property

Jeremy Wolfrom

Coldwell Banker Professionals License #MBR-6506046310 Listed on: 01/17/2020

Coldwell Banker Professionals

Last Buyer's Agent

Jodi Harbron

RE/MAX of Midland License #MBR-6501305774

RE/MAX of Midland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x176

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 140560286

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,796

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 3755.69
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 13
  • Bedroom 4: In Basement, Dimensions: 11 x 13
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 8 x 5, On Level: Second
  • Bathroom 2: Dimensions: 8 x 5, On Level: Second
  • Bathroom 3: Dimensions: 8 x 5, On Level: Basement
  • Dining Room: On 1st Floor, Dimensions: 11 x 11
  • Dining Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 12 x 14
  • Kitchen Floor Covering: Linoleum
  • Living Room: On 1st Floor, Dimensions: 12 x 16
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 800
  • Finished Below Grade Sq Ft: 800
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1634
  • Total Finished Sq Ft: 2434

Exterior Features

  • Exterior: Aluminum, Brick
  • Foundation: Basement
  • Frontage: 100
  • Frontage Type: Road

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 140560286
  • Lot Dimensions: 100x176
  • Acreage: 0.4
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,618.69
  • Winter Tax: Year: 2019, Amount: $1,137.88
  • Taxable Value: 65000
  • Total Tax: Amount: $3,755.69
  • SEV Year: 2019

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Becky Minnis
Bought by
Drake Street Home Llc
Current Estimated Value
$272,804

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 14, 2020
Sold by
Alan Cornelius Estate
Bought by
Minnis Becky
Seller's Agent
Jeremy Wolfrom
Coldwell Banker Professionals
Buyer's Agent
Jodi Harbron
RE/MAX of Midland
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Listed on
Nov 8, 2014
Closed on
Jan 30, 2015
Sold by
Nivison Jacqueline S
Bought by
Cornelius Alan
Seller's Agent
Shannon Killinger
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$149,900
Sold Price
$145,500
Premium/Discount to List
-$4,400
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Source: Public Records

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
Drake Street Home Llc $126,693 --
Minnis Becky $165,000 None Available
Cornelius Alan $145,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $165,000 -2.9% $68 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $169,900 +16.8% $70 / Sq Ft
01/30/2015 01/30/15 Sold $145,500 -2.9% $89 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/08/2014 11/08/14 For Sale $149,900 -- $92 / Sq Ft
Source: Midland Board 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 $4,796 $97,800 $0 $0
2024 $3,324 $94,400 $0 $0
2023 $3,165 $78,100 $0 $0
2022 $2,791 $67,500 $0 $0
2021 $2,755 $66,900 $0 $0
2020 $2,718 $65,300 $0 $0
2019 $3,225 $65,000 $20,000 $45,000
2018 $2,692 $73,900 $20,000 $53,900
2017 -- $64,900 $20,000 $44,900
2016 $2,643 $65,000 $20,000 $45,000
2012 -- $68,600 $20,000 $48,600
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Wolfrom

    Seller's Agent in 2020

    Jeremy Wolfrom

    Coldwell Banker Professionals

    (586) 744-8602

    6 Total Sales

    Jeremy Wolfrom
    Section Image

  • J

    Buyer's Agent in 2020

    Jodi Harbron

    RE/MAX Michigan

    Section Image
  • Shannon Killinger

    Seller's Agent in 2015

    Shannon Killinger

    Ayre Rhinehart Realtors

    (989) 631-9496

    70 in this area

    109 Total Sales

    Shannon Killinger
    Section Image

  • M

    Buyer's Agent in 2015

    Mirs Staff

    MI_MiRealSource

See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 50003741

Midland Board of REALTORS®

APN: 14-05-60-286

Michigan Midland County Midland 48640

5505 Drake St, Midland, MI

This home is located at 5505 Drake St, Midland, MI 48640 since 17 January 2020 and is currently estimated at $272,804, approximately $112 per square foot. This property was built in 1977. 5505 Drake St is a home located in Midland County with nearby schools including Woodcrest Elementary School, Jefferson Middle School, and H.H. Dow High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midland Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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