NOT LISTED FOR SALE

5632 S Posey Lake Hwy Hudson, MI 49247

Estimated Value: $227,979 - $287,000

2 Beds
1 Bath
1,412 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $93,000 $66 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,472/month

251 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Shed
  • Main Floor Bedroom
  • Patio
  • Forced Air Heating System

About This Home

As of June 2017

COMPLETELY REBUILT COUNTRY HOME - Located across the road from Lake Hudson State Game Area........2600 acres of hunting, fishing, and hiking. This home was originally the Lawrence School House.......the old house is new again. 1,400 square feet of finished living space includes 2 bedrooms and 1 full bathroom. Newly remodeled from top to bottom. Large patio and deck with beautiful country views. Unique country home and location. Immediate Possession!

Last Agent to Sell the Property

Randy Darr

Darr Real Estate License #LCAR-6501278720 Listed on: 09/23/2016

Last Buyer's Agent

Out Of County Sold

Out of County Area License #LCAR-4048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 165x132
  • Rural Setting

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Stone Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • Water Softener Leased
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number HD0-128-4400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 855.41
  • Total Tax Year: 2016
  • Year Built: 1900
  • Mail City: Hudson
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Water Softener - Leased
  • Basement: Yes
  • Basement: Stone
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 12 x 8
  • Bedroom 2: On 2nd Floor, Dimensions: 17 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 10 x 6, On Level: Main
  • Room Types: First Floor Bedroom, First Floor Laundry
  • Dining Room: On Main Floor, Dimensions: 8 x 9
  • Kitchen: On Main Floor, Dimensions: 16 x 9
  • Laundry: On Main Floor, Dimensions: 22 x 7
  • Living Room: On Main Floor, Dimensions: 14 x 14
  • Sun Room: On Main Floor, Dimensions: 12 x 8
  • Below Grade Sq Ft: 208
  • Above Grade Finished Sq Ft: 1412
  • Total Finished Sq Ft: 1412

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation: Basement, Crawl
  • Frontage: 165
  • Road: Gravel
  • Out Buildings: Shed

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: HD0-128-4400-00
  • Zoning: Residential
  • Lot Dimensions: 165x132
  • Acreage: 0.5
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2016, Amount: $200.11
  • Winter Tax: Year: 2015, Amount: $655.30
  • Taxable Value: 18109
  • Total Tax: Year: 2016, Amount: $855.41
  • SEV Year: 2016

MLS Schools

  • School District: Hudson Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Jun 7, 2017
Sold by
Forbes John Ray and Forbes Kathleen Jean
Bought by
Richmond Ted and Richmond Alison
Seller's Agent
Randy Darr
Darr Real Estate
Buyer's Agent
Out Of County Sold
Out of County Area
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%
Current Estimated Value
$244,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,119
Avg. Annual Appreciation
13.30%
Original Mortgage
$91,315
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1993
Bought by
Forbes John R and Forbes Kathleen
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
Richmond Ted $93,000 None Available
Forbes John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Alison $91,000
Closed Richmond Ted $91,315
Previous Owner Forbes John R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $93,000 -6.9% $66 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $99,900 +7.4% $71 / Sq Ft
03/23/2017 03/23/17 Off Market $93,000 -- --
03/01/2017 03/01/17 Price Changed $99,900 -4.4% $71 / Sq Ft
01/16/2017 01/16/17 Price Changed $104,500 -8.7% $74 / Sq Ft
09/23/2016 09/23/16 For Sale $114,500 -- $81 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,627 $97,300 $0 $0
2024 $649 $91,900 $0 $0
2022 $539 $67,500 $0 $0
2021 $1,375 $60,700 $0 $0
2020 $1,371 $49,600 $0 $0
2019 $55,648 $46,800 $0 $0
2018 $1,415 $46,757 $0 $0
2017 $966 $46,016 $0 $0
2016 $853 $41,641 $0 $0
2014 -- $42,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31303899

Michigan Multiple Listing Service

APN: HD0-128-4400-00