NOT LISTED FOR SALE

5609 Drake St Midland, MI 48640

Midland Area

Estimated Value: $304,000 - $368,000

5 Beds
2 Baths
2,384 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2017

Last sale price $178,500 $75 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,182 / mo

50 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Fireplace
  • Woodcrest Elementary School Rated A
  • Cathedral Ceiling
  • Porch

About This Home

As of October 2017

Awesome home for any family. Large updated and ready to move into 5 bedroom 2.5 bath. Watch your kids walk to school as this home is only a few steps from Woodcrest Elementary. This home boasts lots of living space and storage throughout as well as a gorgeous landscaped yard with a park like setting for the kids (and adults) to play. Other great features are vaulted ceilings and warm fireplace in the family room, gleaming hardwoods on the main level, a 5th bedroom on the main level currently doubling as a theatre room, a large office/den, large open foyer. This is not a drive by and don't delay as it won't last long.

Last Agent to Sell the Property

Bryan Smith

Ayre Rhinehart Real Estate Partners License #MBR-6501316964 Listed on: 07/18/2017

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Non Member

Midland Board of REALTORS License #MBR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 90x191

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,384 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Entryway

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14-05-70-020

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.4 Acres

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Traditional
  • Total Tax Amount: 3899.37
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Block, Partially Finished, Partial
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 16 x 13
  • Bedroom 2: Dimensions: 13 x 10
  • Bedroom 3: Dimensions: 11 x 11
  • Bedroom 4: Dimensions: 10 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Entry
  • Dining Room: Dimensions: 12 x 11
  • Kitchen: Dimensions: 12 x 12
  • Laundry: Dimensions: 10 x 10
  • Library Den: Dimensions: 13 x 10
  • Living Room: Dimensions: 17 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2384

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Crawl, Partial Basement

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 14-05-70-020
  • Lot Dimensions: 90x191
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,068.89
  • Winter Tax: Amount: $830.48
  • Total Tax: Amount: $3,899.37

MLS Schools

  • School District: Midland Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Oct 13, 2017
Sold by
Cole Adam L and Cole Katie J
Bought by
Seller's Agent
Bryan Smith
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Non Member
Midland Board of REALTORS
List Price
$189,900
Sold Price
$178,500
Premium/Discount to List
-$11,400
-6%
Current Estimated Value
$342,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,247
Avg. Annual Appreciation
7.63%
Original Mortgage
$175,266
Outstanding Balance
$143,687
Interest Rate
3.94%
Estimated Equity
$199,060

Purchase Details

Closed on
Feb 19, 2014
Sold by
Adam Adam and Cole Adam L
Bought by
Cole Revocable Trust

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jun 15, 2012
Sold by
Dean Robert C and Dean Patricia B
Bought by
Cole Adam and Cole Katie
Seller's Agent
Wayne Crosby
RE/MAX of Midland
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$189,500
Sold Price
$180,000
Premium/Discount to List
-$9,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Midland, MI

  • Michelle Hill Real Estate Agent - Ayre Rhinehart Real Estate Partners

    Michelle Hill

    Ayre Rhinehart Real Estate Partners

    (989) 898-0528

    155 Total Sales

    116 in Midland

    $53K - $890K Price Range

    Michelle Hill
     Section Image
  • Joe Harris Real Estate Agent - EXP Realty

    Joe Harris

    EXP Realty

    (989) 341-8955

    148 Total Sales

    4 in Midland

    $165K - $365K Price Range

    Joe Harris
     Section Image
  • David Gott Real Estate Agent - Keller Williams Realty Lansing

    David Gott

    Keller Williams Realty Lansing

    (989) 614-4672

    65 Total Sales

    1 in Midland

    $354,900 Price

    David Gott
     Section Image
  • Lynn Moore Real Estate Agent - Berkshire Hathaway HomeServices

    Lynn Moore

    Berkshire Hathaway HomeServices

    (989) 341-8581

    182 Total Sales

    2 in Midland

    $182K - $294K Price Range

    Lynn Moore
     Section Image
  • Douglas Ferrell Real Estate Agent - Realty Executives Main St LLC

    Douglas Ferrell

    Realty Executives Main St LLC

    (810) 644-1765

    292 Total Sales

    1 in Midland

    $224,000 Price

    Douglas Ferrell
     Section Image
  • Gary Hobson Real Estate Agent - REMAX Edge

    Gary Hobson

    REMAX Edge

    (810) 339-4497

    162 Total Sales

    2 in Midland

    $280,000 Price Range

    Gary Hobson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$178,500 None Available
Cole Revocable Trust -- --
Cole Adam $180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $175,266
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $178,500 -6.0% $75 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $189,900 +5.5% $80 / Sq Ft
06/15/2012 06/15/12 Sold $180,000 -5.0% $76 / Sq Ft View Prior Sale
05/03/2012 05/03/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $189,500 -- $79 / Sq Ft
Source: Midland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,351 $138,300 $0 $0
2025 $4,307 $129,900 $0 $0
2024 $3,348 $126,200 $0 $0
2023 $3,191 $107,000 $0 $0
2022 $3,917 $94,600 $0 $0
2021 $4,030 $100,400 $0 $0
2020 $4,071 $97,800 $0 $0
2019 $4,036 $97,400 $27,500 $69,900
2018 $4,139 $113,400 $30,000 $83,400
2017 $0 $99,800 $30,000 $69,800
2016 $3,866 $99,900 $30,000 $69,900
2012 -- $93,300 $30,000 $63,300
Source: Public Records

Agents Affiliated with this Home

  • BS

    Seller's Agent in 2017

    Bryan Smith

    Ayre Rhinehart Realtors

    Section Image

  • NM

    Buyer's Agent in 2017

    Non Member

    Midland Board of REALTORS

  • WC

    Seller's Agent in 2012

    Wayne Crosby

    RE/MAX Michigan

  • MS

    Buyer's Agent in 2012

    Mirs Staff

    MI_MiRealSource

See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 171553

Midland Board of REALTORS®

APN: 14-05-70-020

Michigan Midland County Midland 48640

5609 Drake St, Midland, MI

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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