NOT LISTED FOR SALE

5615 Elm Rd Olivet, MI 49076

Estimated Value: $194,430 - $225,000

3 Beds
1 Bath
960 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $135,000 $141 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,326/month

2 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Shed
  • Ranch Style House
  • Living Room
  • Water Softener

About This Home

As of June 2019

Welcome home. This affordable 3-bedroom ranch is located on a peaceful country 1.5 acre setting in the desirable Olivet school district. Neat, clean and move in ready; this is the one you've been waiting for. Nice features include first floor laundry, finish-ready basement, wood flooring, all appliances, many updates and even a chicken coop and goat pen for the aspiring hobby farmer. Come on out and sit on the back deck to see what country living is all about.

Last Agent to Sell the Property

Kenneth Babcock

WEICHERT, REALTORS- Emerald Properties License #6501359350 Listed on: 05/14/2019

WEICHERT, REALTORS- Emerald Properties

Last Buyer's Agent

Andrew Bayes

Real Estate Warehouse L.L.C. License #6501363273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1993

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 207x317
  • The property's road front is unimproved
  • West Facing Home

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Well
  • Water Heater
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,496

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: One
  • Year Built: 1993
  • Lot Size Acres: 1.51
  • Lot Size: 207x317
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Living Area: 960.0
  • General Property Info:Lot Size Dimensions: 207x317
  • General Property Info:Above Grade Finished Area: 960.0
  • General Property Info:Total Livable Area: 960.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Exhaust Fan: Yes
  • Water Softeners: Yes
  • Road Frontage Type:Unimproved3: Yes
  • General Property Info:Building Area Total SqFt: 1920.0
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Propane
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • RoadFrontageType: City Street, Unimproved
  • Patio And Porch Features: Deck
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Microwave, Water Heater, Water Softener, Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Cooling: Exhaust Fan
  • LaundryFeatures: Main Level
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Water Heater: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 9685
  • Tax Annual Amount: 1496.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 12, 2019
Sold by
Rogers Tyler
Bought by
Glassbrook Michael
Seller's Agent
Kenneth Babcock
WEICHERT, REALTORS- Emerald Properties
Buyer's Agent
Andrew Bayes
Real Estate Warehouse L.L.C.
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$206,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,362
Avg. Annual Appreciation
6.90%
Original Mortgage
$130,650
Outstanding Balance
$115,348
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$88,601

Purchase Details

Closed on
Dec 7, 2016
Sold by
Rogers Tyler and Federau Morgan
Bought by
Rogers Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,167
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Listed on
Mar 18, 2013
Closed on
Sep 25, 2013
Sold by
Claucherty Webster Catherine M
Bought by
Rogers Tyler
Seller's Agent
Jennie Neff-Harton
Keller Williams Realty Lansing
Buyer's Agent
Kenneth Babcock
WEICHERT, REALTORS- Emerald Properties
List Price
$77,900
Sold Price
$74,000
Premium/Discount to List
-$3,900
-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
8.89%
Original Mortgage
$75,591
Interest Rate
4.39%
Mortgage Type
VA

Purchase Details

Closed on
Nov 5, 2010
Sold by
Fannie Mae
Bought by
Claucherty Webster Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,827
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2010
Sold by
First Franklin Financial Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 8, 2010
Sold by
Troutner Howard J and Troutner Rae Le
Bought by
First Franklin Financial Corporation

Purchase Details

Closed on
Jan 28, 2003
Sold by
Conant Ruth M and Conant Clarence Walter
Bought by
Troutner Howard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.25%
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
Glassbrook Michael $135,000 Ata National Title Group Llc
Rogers Tyler -- Attorney
Rogers Tyler $74,000 None Available
Claucherty Webster Catherine M $31,100 Attorneys Title Agency Llc
Federal National Mortgage Association -- None Available
First Franklin Financial Corporation $134,670 None Available
Troutner Howard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glassbrook Michael $130,650
Previous Owner Rogers Tyler $76,167
Previous Owner Rogers Tyler $75,591
Previous Owner Claucherty Webster Catherine M $27,827
Previous Owner Troutner Howard J $115,600
Previous Owner Troutner Howard J $100,500
Previous Owner Troutner Howard J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $135,000 +3.9% $141 / Sq Ft
05/13/2019 05/13/19 For Sale $129,900 +75.5% $135 / Sq Ft
09/25/2013 09/25/13 Sold $74,000 -5.0% $77 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $77,900 -- $81 / Sq Ft
Source: Greater Lansing 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 $2,426 $93,066 $0 $0
2024 $803 $85,416 $0 $0
2023 $765 $74,860 $0 $0
2022 $2,242 $67,267 $0 $0
2021 $2,138 $62,272 $0 $0
2020 $2,141 $61,878 $0 $0
2019 $1,531 $47,270 $0 $0
2018 $1,496 $43,135 $0 $0
2017 $1,584 $45,571 $0 $0
2016 $1,571 $48,141 $0 $0
2015 -- $45,053 $0 $0
2014 -- $44,714 $0 $0
2013 -- $49,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 236443

Greater Lansing Association of Realtors®

APN: 140-008-400-073-01