NOT LISTED FOR SALE

582 S Homer Rd Midland, MI 48640

Estimated Value: $151,000 - $173,126

3 Beds
1 Bath
1,000 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $90,000 $90 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $975/month

53 Days on Market

Highlights

  • 3.18 Acre Lot
  • Living Room
  • Forced Air Heating System
  • Ranch Style House
  • Laundry Room
  • 1.5 Car Garage

About This Home

As of June 2020

Charming home that raised seven children on 3.18 Acres, 3 bedrooms, 1 bath, updated kitchen, large utility room, washer and dryer included, city water with assessment paid, natural gas, and has a large 1.5 care garage that could be converted to a 2 car garage. Concrete driveway, septic tank pumped 5 years ago, septic field replaced approximately 15 years ago. All on great location in Bullock Creek School system!

Last Agent to Sell the Property

Badger Beall

Ayre Rhinehart Real Estate Partners License #MBR-6502367320 Listed on: 03/18/2020

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Mo Bringard

NextHome Park Place Homes Group License #MBR-6501409273

NextHome Park Place Homes Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 3.18 Acre Lot
  • Lot Dimensions are 210x660
  • Rural Setting

Parking

  • 1.5 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 04002710011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1629.13
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Dryer, Range/Oven, Washer
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 9
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 8
  • Bedroom 3: On 1st Floor, Dimensions: 9 x 8
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Mstr Bedroom, Living Room, Utility/Laundry Room
  • Kitchen: Dimensions: 15 x 10
  • Living Room: Dimensions: 16 x 12
  • Other Room 2: Dimensions: 17x13
  • Above Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 1000

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Frontage: 210
  • Road: City/County, Country, Paved Street

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 04002710011000
  • Zoning: Agricultural, Residential
  • Location: Rural
  • Lot Dimensions: 210x660
  • Acreage: 3.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $377.20
  • Winter Tax: Year: 2019, Amount: $1,251.93
  • Total Tax: Amount: $1,629.13

MLS Schools

  • School District: Bullock Creek School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 10, 2020
Sold by
All Janet and Hudson Geraldine
Bought by
Garver Lauren
Seller's Agent
Badger Beall
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Mo Bringard
NextHome Park Place Homes Group
List Price
$89,700
Sold Price
$90,000
Premium/Discount to List
$300
0.33%
Current Estimated Value
$159,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,532
Avg. Annual Appreciation
11.23%
Original Mortgage
$72,000
Outstanding Balance
$63,822
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$95,710

Purchase Details

Closed on
Oct 27, 2014
Sold by
Otey Dorotha and Otey Kenneth
Bought by
Otey Dorotha
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
Garver Lauren $90,000 None Available
Otey Dorotha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garver Lauren $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $90,000 +0.3% $90 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $89,700 -- $90 / Sq Ft
Source: Midland Board 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 $1,677 $73,100 $0 $0
2024 $501 $64,700 $0 $0
2023 $477 $58,600 $0 $0
2022 $1,854 $47,400 $0 $0
2021 $1,797 $40,400 $0 $0
2020 $1,650 $42,100 $0 $0
2019 $1,629 $40,500 $40,500 $0
2018 $1,621 $37,300 $37,300 $0
2017 $0 $37,000 $37,000 $0
2016 $1,590 $36,900 $36,900 $0
2014 -- $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50008609

Midland Board of REALTORS®

APN: 040-027-100-110-00