NOT LISTED FOR SALE

5840 Rau Hwy Palmyra, MI 49268

Estimated Value: $317,000 - $434,000

3 Beds
3 Baths
2,444 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $270,000 $110 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,385/month

87 Days on Market

Highlights

  • Pole Barn
  • Bonus Room
  • Living Room
  • Farmhouse Style Home
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Enjoy country living at it's finest in this completely redone beautiful farm house nestled nicely on a quiet road with over 4 acres. This home is the epitome of quiet living with 3 bedrooms (possible 4th) and 3 bathrooms. Home is located just on the outskirts of Palmyra, close to Adrian with a private well. Bring the whole family and check out this amazing home!!

Last Agent to Sell the Property

Andrew Roddy

Xsell Realty License #LCAR-6501392026 Listed on: 09/10/2020

Co-Listed By

Caroline Flores

Howard Hanna Real Estate Services-Adrian License #LCAR-6501423635

Last Buyer's Agent

Mike Knox

Xsell Realty License #Lcar-6501398382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 518x330x518x330
  • Rural Setting
  • Kennel

Parking

  • 3 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pole Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number PA0-129-3850-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3840.24
  • Total Tax Year: 2020
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Leased
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 17 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 15
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 14
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: First
  • Room Types: First Floor Laundry, Living Room, Master Bathroom, Bonus Room
  • Dining Room: On 1st Floor, Dimensions: 14 x 19
  • Family Room: On 1st Floor, Dimensions: 12 x 14
  • Kitchen: On 1st Floor, Dimensions: 14 x 16
  • Living Room: On 1st Floor, Dimensions: 16 x 14
  • Other Room1: Dimensions: 15x14, On Level: Second
  • Below Grade Sq Ft: 1222
  • Above Grade Finished Sq Ft: 2444
  • Total Finished Sq Ft: 2444

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement, Michigan Basement
  • Frontage: 518
  • Out Buildings: Kennel, Pole Barn
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Parking: Garage
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: PA0-129-3850-00
  • Zoning: Residential
  • Location: Rural
  • Lot Dimensions: 518x330x518x330
  • Acreage: 4
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,372.42
  • Winter Tax: Year: 2020, Amount: $1,467.82
  • Taxable Value: 127927
  • Total Tax: Year: 2020, Amount: $3,840.24
  • SEV Year: 2020

MLS Schools

  • School District: Blissfield Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 22, 2020
Sold by
Yenor Karen and Holtz Whitney
Bought by
Cagle Travis S and Cagle Janelle
Seller's Agent
Andrew Roddy
Xsell Realty
Buyer's Agent
Mike Knox
Xsell Realty
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$371,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,361
Avg. Annual Appreciation
6.57%
Original Mortgage
$229,500
Outstanding Balance
$205,615
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,486

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 27, 2017
Sold by
Yenor Karen
Bought by
Yenor Karen and Yenor Whitney
Seller's Agent
Gloria Leonard
Howard Hanna Real Estate Services-Adrian
Buyer's Agent
Andrew Roddy
Xsell Realty
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Clements Steven and Clements Janet
Bought by
Lavoy Travis J and Lavoy Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,881
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2009
Sold by
Clements Rachael and Clements Steven Casey
Bought by
Clements Steven and Clements Janet

Purchase Details

Closed on
Feb 23, 2007
Sold by
Wiesmann Henry J and Wiesmann Joyce E
Bought by
Clements Rachel and Nixon Nathen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,905
Interest Rate
6.28%
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
Cagle Travis S $270,000 None Available
Yenor Karen -- Prestige Title
Yenor Karen $260,000 Prestige Title
Lavoy Travis J $123,000 Hbi Title Services Inc
Clements Steven $92,927 None Available
Clements Rachel $99,900 Prestige Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cagle Travis S $229,500
Previous Owner Lavoy Travis J $119,881
Previous Owner Clements Rachel $94,905
Previous Owner Wiesmann Henry J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $270,000 -3.6% $110 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $280,000 -1.8% $115 / Sq Ft
09/24/2020 09/24/20 Price Changed $285,000 -1.7% $117 / Sq Ft
09/10/2020 09/10/20 For Sale $290,000 +11.5% $119 / Sq Ft
11/27/2017 11/27/17 Sold $260,000 -1.8% $106 / Sq Ft
08/28/2017 08/28/17 For Sale $264,900 -- $108 / 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 $4,380 $184,500 $0 $0
2024 $2,730 $178,500 $0 $0
2023 $4,069 $160,500 $0 $0
2022 $2,474 $139,700 $0 $0
2021 $3,996 $134,900 $0 $0
2020 $3,850 $138,500 $0 $0
2019 $120,129 $122,600 $0 $0
2018 $3,746 $122,594 $0 $0
2017 $1,220 $65,792 $0 $0
2016 $1,195 $81,287 $0 $0
2014 -- $74,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Roddy

    Seller's Agent in 2020

    Andrew Roddy

    Xsell Realty

    (517) 260-9866

    103 Total Sales

    Andrew Roddy
    Section Image
  • Caroline Flores

    Seller Co-Listing Agent in 2020

    Caroline Flores

    Howard Hanna Real Estate Services-Adrian

    (517) 673-7891

    98 Total Sales

    Caroline Flores
    Section Image
  • Mike Knox

    Buyer's Agent in 2020

    Mike Knox

    Xsell Realty

    (517) 673-3837

    51 Total Sales

    Mike Knox
    Section Image
  • Gloria Leonard

    Seller's Agent in 2017

    Gloria Leonard

    Howard Hanna Real Estate Services-Adrian

    (517) 605-0303

    83 Total Sales

    Gloria Leonard
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50023088

Michigan Multiple Listing Service

APN: PA0-129-3850-00

Michigan Lenawee County Palmyra 49268

5840 Rau Hwy, Palmyra, MI

This home is located at 5840 Rau Hwy, Palmyra, MI 49268 since 10 September 2020 and is currently estimated at $371,361, approximately $151 per square foot. This property was built in 1880. 5840 Rau Hwy is a home located in Lenawee County with nearby schools including Adrian High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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