NOT LISTED FOR SALE

5691 Elm Rd Olivet, MI 49076

Estimated Value: $84,494 - $138,000

2 Beds
1 Bath
720 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $46,500 $65 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $602/month

112 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • 2 Car Attached Garage
  • Shed
  • Dining Room

About This Home

As of November 2015

Great first time homebuyer, retiree, college student. Own your own home, cheaper than paying rent! Nice 1 acre country location. Home features 2 bedrooms, living room/dining combo, utility room. 1.5 car attached garage. Olivet schools. Centrally located close to Charlotte, Olivet and I-69 access

Last Agent to Sell the Property

Carla Hewlett

RE/MAX Hometown License #6501313600 Listed on: 06/12/2015

RE/MAX Hometown

Last Buyer's Agent

David Reynolds

RE/MAX Hometown License #6506040233

RE/MAX Hometown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1950

Lot Details

  • 1.05

Parking

  • 2 Car Attached Garage
  • Dirt Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • Shed
  • 1.05 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1950
  • Lot Size Acres: 1.05
  • Lot Size: 1.05
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Ranch
  • Living Area: 720.0
  • General Property Info:Lot Size Dimensions: 1.05
  • General Property Info:Above Grade Finished Area: 720.0
  • General Property Info:Total Livable Area: 720.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Foundation Details:Slab: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Parking Features:Dirt3: Yes
  • General Property Info:Building Area Total SqFt: 720.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Forced Air, Propane
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Other Level: First
  • Full Bathrooms: 1
  • Appliances Range: Yes

Exterior Features

  • Foundation Details: Slab
  • OtherStructures: Shed(s)
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Attached, Dirt
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Water Heater, Range
  • Water Source: Well
  • 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: 45738.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 915.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Nov 6, 2015
Sold by
Estate Of Wendell M Hall
Bought by
Reynolds Cody D
Seller's Agent
Carla Hewlett
RE/MAX Hometown
Buyer's Agent
David Reynolds
RE/MAX Hometown
List Price
$54,500
Sold Price
$46,500
Premium/Discount to List
-$8,000
-14.68%
Current Estimated Value
$94,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,570
Avg. Annual Appreciation
7.73%
Original Mortgage
$49,357
Interest Rate
3.87%
Mortgage Type
New Conventional
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
Reynolds Cody D $46,500 Midstate Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reynolds Cody D $80,000
Closed Reynolds Cody D $49,357
Previous Owner Hall Wendell M $51,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $46,500 -4.9% $65 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
08/05/2015 08/05/15 Price Changed $48,900 -10.3% $68 / Sq Ft
07/07/2015 07/07/15 Price Changed $54,500 0.0% $76 / Sq Ft
07/07/2015 07/07/15 For Sale $54,500 +17.2% $76 / Sq Ft
06/25/2015 06/25/15 Off Market $46,500 -- --
06/12/2015 06/12/15 For Sale $59,900 -- $83 / 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 $1,040 $44,423 $0 $0
2024 $344 $41,487 $0 $0
2023 $328 $38,099 $0 $0
2022 $1,467 $33,920 $0 $0
2021 $1,405 $32,026 $0 $0
2020 $1,394 $32,284 $0 $0
2019 $1,368 $29,526 $0 $0
2018 $1,337 $25,235 $0 $0
2017 $1,375 $25,902 $0 $0
2016 -- $26,083 $0 $0
2015 -- $29,353 $0 $0
2014 -- $28,900 $0 $0
2013 -- $37,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 71705

Greater Lansing Association of Realtors®

APN: 140-008-400-065-00