NOT LISTED FOR SALE

5662 Matthews Rd Olivet, MI 49076

Estimated Value: $256,000 - $344,000

3 Beds
1.5 Baths
1,274 Sq Ft
$237/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $242,900 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,868/month

141 Days on Market

Highlights

  • 10.08 Acre Lot
  • Ranch Style House
  • 1 Fireplace
  • Deck
  • Pole Barn
  • Covered Patio or Porch

About This Home

As of February 2021

Excellent offering on 10 country acres with some woods. Ranch house recently updated has 1274 square feet of living area, 3 bedrooms, 1.5 baths. Updates include new carpet, vinyl plank flooring, bathroom upgrades, new SS appliances and freshly painted. Lower level family room features stone surround fireplace. Large deck with built-in seating to enjoy the views and the wildlife that roams the acreage. 2-car attached garage. 28*40 pole barn with water and electric. Fenced pasture area.

Last Agent to Sell the Property

Patty McIvor

RE/MAX Hometown License #6506041351 Listed on: 11/16/2020

RE/MAX Hometown

Last Buyer's Agent

Mykayla Fenska

Home Towne Real Estate License #6506047653

Home Towne Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 10.08 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,371

Year Built

Built in 1973 | Remodeled

Lot Details

10.08 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Tax Year: 2019
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1973
  • Lot Size Acres: 10.08
  • Lot Size: 10.08 acres
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Ranch
  • Living Area: 1274.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 10.08 acres
  • General Property Info:Above Grade Finished Area: 1040.0
  • General Property Info:Total Livable Area: 1274.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Other Structures:Pole Barn: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Refrigerators: Yes
  • Rooms:Family Room2: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 2080.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Oil
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Family Room Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 234.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • OtherStructures: Shed(s), Pole Barn
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached, Gravel, Water
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Water6: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Water Softener Owned, Refrigerator, Range, Oven, Electric Water Heater, Dishwasher
  • Cooling: Central Air
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Sq Ft: 439084.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 12, 2021
Sold by
Brand Jeffrey C
Bought by
Underwood Kirk
Seller's Agent
Patty McIvor
RE/MAX Hometown
Buyer's Agent
Mykayla Fenska
Home Towne Real Estate
List Price
$242,900
Sold Price
$242,900
Current Estimated Value
$301,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,891
Avg. Annual Appreciation
4.42%
Original Mortgage
$230,755
Outstanding Balance
$206,206
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$95,585

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 27, 2019
Sold by
Fannie Mae
Bought by
Brand Jeffrey C
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Carla Hewlett
Exit Great Lakes Realty
List Price
$109,900
Sold Price
$96,500
Premium/Discount to List
-$13,400
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.38%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Masters Eric R
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 3, 2003
Sold by
Smith Carol Lynn and Hargrove Michael G
Bought by
Masters Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Smith Carol Lynn
Bought by
Smith Carol Lynn and Hargrove Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Smith David James
Bought by
Smith Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Underwood Kirk $242,900 None Available
Brand Jeffrey C $96,500 None Available
Federal National Mortgage Association $98,405 None Available
Masters Eric R $156,000 First American
Smith Carol Lynn -- --
Smith Carol Lynn -- --
Smith Carol Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Underwood Kirk $230,755
Previous Owner Masters Eric R $140,400
Previous Owner Smith Carol Lynn $308,200
Previous Owner Smith Carol Lynn $308,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $242,900 0.0% $191 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $242,900 +151.7% $191 / Sq Ft
08/27/2019 08/27/19 Sold $96,500 -2.5% $93 / Sq Ft View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $99,000 -9.9% $95 / Sq Ft
06/19/2019 06/19/19 For Sale $109,900 -- $106 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,751 $133,775 $0 $0
2024 $1,241 $119,123 $0 $0
2023 $1,182 $106,513 $0 $0
2022 $3,464 $99,442 $0 $0
2021 $2,612 $85,296 $0 $0
2020 $2,597 $75,022 $0 $0
2019 $2,371 $76,160 $0 $0
2018 $2,316 $71,833 $0 $0
2017 $2,444 $65,462 $0 $0
2016 -- $67,902 $0 $0
2015 -- $65,452 $0 $0
2014 -- $67,887 $0 $0
2013 -- $67,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248673

Greater Lansing Association of Realtors®

APN: 140-011-400-826-00

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