NOT LISTED FOR SALE

5601 Drake St Midland, MI 48640

Estimated Value: $255,000 - $289,000

4 Beds
3 Baths
1,924 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $136,500 $71 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,772/month

167 Days on Market

Highlights

  • Deck
  • Fireplace
  • 2.5 Car Attached Garage
  • Woodcrest Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of February 2013

Come see this spacious four bedroom three and a half bath home located near Woodcrest school. Everything you want in a home is here, living room, family room, basement, newer windows, central air, dining room and beautiful lot are what this home features.

Last Agent to Sell the Property

Mathew Killinger

Ayre Rhinehart Real Estate Partners License #MBR-6501268241 Listed on: 07/24/2012

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Mirs Staff

MiRealSource Michigan MLS License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 90x153

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,924 Sq Ft Home
  • Fireplace
  • Entryway
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14-05-70-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Total Tax Amount: 3246
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Basement: Block, Finished
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17 x 12
  • Bedroom 2: Dimensions: 12 x 12
  • Bedroom 3: Dimensions: 12 x 12
  • Bedroom 4: Dimensions: 12 x 10
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room Types: Entry
  • Dining Room: Dimensions: 10 x 12
  • Kitchen: Dimensions: 15 x 17
  • Living Room: Dimensions: 23 x 12
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1924

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Deck, Patio, Porch

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 14-05-70-016
  • Lot Dimensions: 90x153
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,246.00
  • Total Tax: Amount: $3,246.00

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Feb 22, 2013
Sold by
Xu Shihe and Yang Ying
Bought by
Carlson Kenneth J and Soehnel Angela M
Seller's Agent
Mathew Killinger
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$162,000
Sold Price
$136,500
Premium/Discount to List
-$25,500
-15.74%
Current Estimated Value
$274,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,740
Avg. Annual Appreciation
5.71%
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
Carlson Kenneth J $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Kenneth J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $136,500 -15.7% $71 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $162,000 -- $84 / 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 $3,463 $108,000 $0 $0
2024 $2,693 $104,500 $0 $0
2023 $2,566 $87,200 $0 $0
2022 $3,150 $76,100 $0 $0
2021 $3,239 $83,300 $0 $0
2020 $3,272 $78,600 $0 $0
2019 $3,245 $78,300 $27,500 $50,800
2018 $3,329 $88,300 $30,000 $58,300
2017 $0 $80,400 $30,000 $50,400
2016 $3,274 $80,500 $30,000 $50,500
2012 -- $85,300 $30,000 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 121537

Midland Board of REALTORS®

APN: 14-05-70-016