NOT LISTED FOR SALE

55743 Driftwood Dr Colon, MI 49040

Estimated Value: $139,000 - $298,000

5 Beds
3 Baths
2,400 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $69,899 $29 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,496/month

34 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 7-6-2016. Call your buyer's agent to arrange a showing.

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 08/23/2016

Weichert Realtors-Gold Star

Last Buyer's Agent

Mike Thompson

First Choice Real Estate Associates License #6502352127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1974

Lot Details

  • 1.89 Acre Lot
  • Lot Dimensions are 120x160x120x200

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Bi-Level
  • Stories: 2
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120x160x120x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1524.83
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1200.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Bi-Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2400.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 69900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.89
  • Lot Size Area: 1.89
  • Lot Dimensions: 120x160x120x200
  • Lot Size Sq Ft: 82328.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1524.83
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 28, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thompson Properties Llc
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
Mike Thompson
First Choice Real Estate Associates
List Price
$84,900
Sold Price
$69,899
Premium/Discount to List
-$15,001
-17.67%
Current Estimated Value
$247,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,380
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Jan 20, 2016
Sold by
Oak Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 10, 2015
Sold by
Krikestue Shannon K
Bought by
Oak Mortgage Llc

Purchase Details

Listed on
May 24, 2010
Closed on
Apr 13, 2012
Sold by
Seeley Gary P and Seeley Lori D
Bought by
Kirkestue Shannon K
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$79,301
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2002
Sold by
Harvey Richard E and Harvey Marion E
Bought by
Seeley Gary Paul and Lori Darlene

Purchase Details

Closed on
Mar 21, 1997
Sold by
Mayo
Bought by
Seeley

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

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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
Thompson Properties Llc $69,899 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Oak Mortgage Llc $78,610 Attorney
Kirkestue Shannon K $74,900 Patrick Abstract & Title Off
Seeley Gary Paul -- --
Seeley $81,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Properties Llc $2,500,000
Closed Thompson Properties Llc $321,500
Previous Owner Kirkestue Shannon K $79,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $69,899 -17.7% $29 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $84,900 +13.2% $35 / Sq Ft
04/13/2012 04/13/12 Sold $75,000 -11.7% $31 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
05/24/2010 05/24/10 For Sale $84,900 -- $35 / 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 $2,139 $111,600 $13,900 $97,700
2024 $778 $109,800 $13,900 $95,900
2023 $741 $99,400 $13,900 $85,500
2022 $0 $98,000 $13,000 $85,000
2021 $0 $76,200 $11,700 $64,500
2020 $0 $63,400 $10,700 $52,700
2019 $776 $74,800 $11,600 $63,200
2018 $1,978 $71,100 $7,400 $63,700
2017 $3,010 $65,800 $65,800 $0
2016 -- $58,500 $58,500 $0
2015 -- $64,800 $0 $0
2014 -- $57,600 $57,600 $0
2012 -- $57,000 $57,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Brown

    Seller's Agent in 2016

    Jeffrey Brown

    Weichert Realtors-Gold Star

    (574) 532-4622

    77 Total Sales

    Jeffrey Brown
    Section Image
  • Mike Thompson

    Buyer's Agent in 2016

    Mike Thompson

    First Choice Real Estate Associates

    (517) 278-2400

    120 Total Sales

    Mike Thompson
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Thompson

    Real Estate Elite Team

  • Randy Sharp

    Seller's Agent in 2012

    Randy Sharp

    RE/MAX Michigan

    (269) 432-3824

    230 Total Sales

    Randy Sharp
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16030400

Southwestern Michigan Association of REALTORS®

APN: 008-040-176-01

Michigan St. Joseph County Colon 49040

55743 Driftwood Dr, Colon, MI

This home is located at 55743 Driftwood Dr, Colon, MI 49040 since 23 August 2016 and is currently estimated at $247,279, approximately $103 per square foot. This property was built in 1974. 55743 Driftwood Dr is a home located in St. Joseph County.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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