NOT LISTED FOR SALE

5562 Eaton Rapids Rd Albion, MI 49224

Estimated Value: $59,000 - $233,000

5 Beds
2 Baths
2,372 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $60,000 $25 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $791/month

16 Days on Market

Highlights

  • Barn
  • Forced Air Heating System
  • Wood Siding
  • Farmhouse Style Home

About This Home

As of June 2024

Tons of potential - this 130-year-old farm house on just over an acre is ready for you to roll up your sleeves and make it your dream home! With 5 bedrooms, 2 full baths, and plenty of high-ceiling spaces, you have room to work, play, and relax. While this project won't be for the faint of heart, an opportunity to own something with land and character at this price point does not come around often. The final photo showing red lot lines are the new lines. Please see attached survey and not GIS mapping. Call us today to take a look!

Last Agent to Sell the Property

Kaciana Champlin

RE/MAX Perrett Associates License #6506047393 Listed on: 05/07/2024

RE/MAX Perrett Associates

Last Buyer's Agent

Hannah Stiekes

Coldwell Banker Denny Groves License #6501449056

Coldwell Banker Denny Groves

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1899

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 197x210x262x213

Parking

  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 2,372 Sq Ft Home
  • 3-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Crawl Space

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 3
  • Year Built: 1899
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 197x210x262x213
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2372.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1261.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Heat Source:Wood2: Yes
  • General Property Info:SqFt Above Grade: 2372.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: No
  • Architectural Style Farm House: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 2372.0
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Total Basement SQFT: 600.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 69900.0
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Dimensions: 197x210x262x213
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1261.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Lloyd Sally M
Bought by
Haywood Christopher Matthew and Haywood Jamie Lynn
Current Estimated Value
$138,469

Purchase Details

Closed on
May 21, 2003
Sold by
Lloyd Roy L and Lloyd Sally M
Bought by
Huff Timothy R and Kulikowski Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,579
Interest Rate
5.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Haywood Christopher Matthew -- --
Huff Timothy R $18,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lloyd Roy $7,285
Previous Owner Huff Timothy R $77,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $60,000 -14.2% $25 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $69,900 -- $29 / 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 $438 $71,700 $71,700 $0
2023 $418 $59,500 $59,500 $0
2022 $1,201 $50,800 $50,800 $0
2021 $1,180 $50,800 $50,800 $0
2020 $785 $45,400 $0 $0
2019 $374 $42,800 $0 $0
2018 $0 $38,800 $0 $0
2017 $0 $35,900 $0 $0
2016 $0 $35,000 $35,000 $0
2015 -- $34,500 $34,500 $0
2014 -- $35,100 $35,100 $0
2013 -- $35,100 $35,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24022360

Southwestern Michigan Association of REALTORS®

APN: 000-06-08-151-002-02