NOT LISTED FOR SALE

562 S Main St Custer, MI 49405

Estimated Value: $93,887 - $213,000

3 Beds
1 Bath
1,036 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $13,500 $13 Per Sq Ft

Est. 1,046% increase in value since last sale

Current estimated payment $896/month

35 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • Wood Siding
  • 2 Car Detached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of March 2012

Great project home on the edge of the Village of Custer with a nice wooded 2 acre site. Solid home will need a lot of improvements, but when done will be a great ranch with a nice pole barn style garage. Furnace in the basement looks newer. This property is eligible for the First Look Initiative through 2/22/12. Investor buyers and second home buyers may negotiate offers with the seller after 2/22.

Last Agent to Sell the Property

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 02/08/2012

CENTURY 21 Bayshore

Last Buyer's Agent

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 02/08/2012

CENTURY 21 Bayshore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 132 x 660
  • Level Lot
  • Wooded Lot
  • Property is zoned Village of Cust, Village of Cust

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 19.21
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132 x 660
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1036.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 538.0
  • Tax Info:Zoning3: Village of Cust
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1036.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1036.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 19900.0
  • Lot Features: Level, Wooded
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Dimensions: 132 x 660
  • Lot Size Sq Ft: 87120.0
  • Zoning Description: Village of Cust
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 538.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Mar 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baker Troy
Seller's Agent
Michelle Anderson
CENTURY 21 Bayshore
Buyer's Agent
Michelle Anderson
CENTURY 21 Bayshore
List Price
$29,900
Sold Price
$13,500
Premium/Discount to List
-$16,400
-54.85%
Current Estimated Value
$154,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,222
Avg. Annual Appreciation
19.32%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Hansen Vicki L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 12, 2008
Sold by
Marcoux Sally A
Bought by
Hansen Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.57%

Purchase Details

Closed on
Jun 21, 2007
Sold by
Marcouz Sallly A
Bought by
County Of Mason

Purchase Details

Closed on
May 22, 2007
Sold by
Cory Amie and Cory Marceline Amie
Bought by
Marcoy Sally A
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Baker Troy $13,500 None Available
Federal Home Loan Mortgage Corporation $54,897 None Available
Hansen Vicki L $65,000 Metropolitan Title Company
County Of Mason -- None Available
Marcoy Sally A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Vicki L $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $13,500 -54.8% $13 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $29,900 -- $29 / Sq Ft
Source: MichRIC

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 $1,059 $27,100 $27,100 $0
2024 -- $25,000 $25,000 $0
2023 -- $28,900 $28,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12007376

MichRIC

APN: 041-222-011-00