NOT LISTED FOR SALE

5847 Francis St Kalamazoo, MI 49048

Estimated Value: $155,614 - $180,000

3 Beds
2 Baths
1,344 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $16,000 $12 Per Sq Ft

Est. 942% increase in value since last sale

Current estimated payment $993/month

21 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Merrill Park

About This Home

As of March 2012

Cute Kalamazoo Home in need of some TLC! Lots of potential. Three bedrooms and two full baths. Spacious Michigan basement, cozy backyard with privacy fence and two car detached garage. This is a Fannie Mae Homepath Property. Purchase this home for as little as 3% down! This home qualifies for Homepath Mortgage Financing and Renovation Mortgage Financing. Visit www.homepath.com for more information or to submit offers.

Last Agent to Sell the Property

Jesse Granado - Caporossi

i-VEST Real Estate Group License #6501339734 Listed on: 02/10/2012

Co-Listed By

Heath Terlesky

i-VEST Real Estate Group License #6501324778

Last Buyer's Agent

Gary Laduke

Michigan Top Producers License #6501286437

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 12.65
  • General Property Info:Lot Dimensions: 50 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1344.0
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 1403.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1344.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1344.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 672.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 16995.0
  • Waterfront: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Mar 16, 2012
Sold by
Fannie Mae
Bought by
Barnes Brian
Seller's Agent
Jesse Granado - Caporossi
i-VEST Real Estate Group
Buyer's Agent
Gary Laduke
Michigan Top Producers
List Price
$16,995
Sold Price
$16,000
Premium/Discount to List
-$995
-5.85%
Current Estimated Value
$166,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,654
Avg. Annual Appreciation
18.43%

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jan 19, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association
Seller's Agent
Jesse Granado - Caporossi
i-VEST Real Estate Group
Buyer's Agent
Gary Laduke
Michigan Top Producers
List Price
$16,995
Sold Price
$16,000
Premium/Discount to List
-$995
-5.85%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Nemire Rebecca C and Holdridge Rebecca
Bought by
Ae Fannie M and Federal National Mortgage Association

Purchase Details

Closed on
Dec 8, 2011
Sold by
Nemire Rebecca C
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 28, 2007
Sold by
Lovell Johnie L and Lovell Judith K
Bought by
Nemire Rebecca C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.28%
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
Barnes Brian $16,000 Attorneys Title Agency
Fannie Mae -- None Available
Ae Fannie M $4,000 None Available
Bank Of America Na $110,303 None Available
Nemire Rebecca C $85,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nemire Rebecca C $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $16,000 -5.9% $12 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $16,995 -- $13 / Sq Ft
Source: MichRIC

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 $1,462 $65,800 $0 $0
2024 $1,420 $63,200 $0 $0
2023 $1,353 $54,900 $0 $0
2022 $1,891 $45,600 $0 $0
2021 $1,840 $40,300 $0 $0
2020 $1,754 $35,800 $0 $0
2019 $1,652 $31,700 $0 $0
2018 $1,711 $30,200 $0 $0
2017 $0 $29,300 $0 $0
2016 -- $28,600 $0 $0
2015 -- $31,000 $4,000 $27,000
2014 -- $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12007855

MichRIC

APN: 07-19-291-020