NOT LISTED FOR SALE

5508 Michigan Ave Tipton, MI 49287

Estimated Value: $186,000 - $241,967

3 Beds
2 Baths
1,747 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 5508 Michigan Ave, Tipton, MI 49287 and is currently estimated at $217,989, approximately $124 per square foot. 5508 Michigan Ave is a home located in Lenawee County with nearby schools including Clinton Elementary School, Clinton Middle School, and Clinton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2014
Sold by
Johnson George
Bought by
Peterson James
Current Estimated Value
$217,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,555
Outstanding Balance
$69,705
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$148,284

Purchase Details

Closed on
Dec 27, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Johnson George

Purchase Details

Closed on
Jun 22, 2006
Sold by
Olivarri Leslie G and Olivarri Eric E
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jun 29, 2005
Sold by
Lechard Mark and Lechard Lori
Bought by
Olivarri Leslie G and Olivarri Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Corbitt Charles D and Corbitt Marilyn M
Bought by
Corbitt Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.74%
Mortgage Type
New Conventional
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
Peterson James $48,000 American Title Of Jackson
Johnson George $65,000 Mtc
Deutsche Bank National Trust Co $182,126 None Available
Olivarri Leslie G $162,000 None Available
Olivarri Leslie G -- Metropolitan Title Company
Lechard Mark $25,000 None Available
Corbitt Charles $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson James $92,555
Previous Owner Lechard Mark $174,000
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 $1,716 $86,300 $0 $0
2024 $669 $79,100 $0 $0
2022 $1,431 $60,500 $0 $0
2021 $1,411 $57,200 $0 $0
2020 $1,393 $50,900 $0 $0
2019 $161,906 $59,100 $0 $0
2018 $1,533 $14,242 $0 $0
2017 $1,420 $14,242 $0 $0
2016 $1,415 $14,242 $0 $0
2014 -- $14,242 $0 $0
Source: Public Records

Map

Michigan Lenawee County Tipton 49287

5508 Michigan Ave, Tipton, MI

This home is located at 5508 Michigan Ave, Tipton, MI 49287 and is currently estimated at $217,989, approximately $124 per square foot. 5508 Michigan Ave is a home located in Lenawee County with nearby schools including Clinton Elementary School, Clinton Middle School, and Clinton High School.

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