NOT LISTED FOR SALE

5883 Venice Rd Newport, MI 48166

Estimated Value: $101,522 - $143,000

2 Beds
1 Bath
945 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $38,000 $40 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $716/month

132 Days on Market

Highlights

  • Beach Access
  • Ground Level Unit
  • Shed
  • Deck
  • Bungalow
  • 1-Story Property

About This Home

As of July 2020

Cute home located close to Lake Erie. Large living room and 2 bedroom with walk in closet off the master. Galley Kitchen that leads to the semi private deck. Laundry room is large with extra storage. Two parks within walking distance of the home. One park over looks Lake Erie. The Association is for Park maintenance and snow removal only. This home will need some TLC but great for investment property.

Last Listed By

James Beavers

Berkshire Hathaway HomeServices Realty License #6501410011 Listed on: 03/05/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 80.00x80.00

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Beach Access
  • Deck
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 580792702600

Community Details

Overview

  • Stoney Pointe Beach Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1930
  • State Equalized Value: 30300.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Electric Cooktop, Washer
  • Sq Ft Combined: 945
  • Total Sq Ft: 945

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Association Fee: Yes

Schools

  • School District: Jefferson Schools-Monroe Co

Lot Info

  • List Price per Acre: 333333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 80.00X80.00
  • Parcel Number: 580792702600

Tax Info

  • Tax Amount Summer: 256.0000
  • Tax Amount Winter: 952.0000
  • Total Tax: 1208.0000
  • Taxable Value: 23755.0000

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Aug 5, 2020
Sold by
Marie Myers Geraldine
Bought by
Policht Larry
Seller's Agent
James Beavers
Berkshire Hathaway HomeServices Realty
Buyer's Agent
James Beavers
RE/MAX Dynamic
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%
Total Days on Market
132
Current Estimated Value
$119,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,631
Avg. Annual Appreciation
26.92%

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 23, 2020
Sold by
Marie Myers Geraldine and Myers Geraldine Marie
Bought by
Policht Larry
Seller's Agent
James Beavers
Berkshire Hathaway HomeServices Realty
Buyer's Agent
James Beavers
RE/MAX Dynamic
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%

Purchase Details

Closed on
Aug 6, 2018
Sold by
Gossett Jillian Lee
Bought by
Myers Geraldine Marie

Purchase Details

Closed on
Jan 6, 2011
Sold by
Myers Geraldine Marie
Bought by
Gossett Jillian Lee

Purchase Details

Closed on
Dec 30, 2010
Sold by
Eh Pooled 810 Lp
Bought by
Myers Geraldine M

Purchase Details

Closed on
Sep 24, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Eh Pooled 810 Lp

Purchase Details

Closed on
Nov 5, 2009
Sold by
Lambert Joe
Bought by
Deutsche Bank National Trust Company and Certificateholders For Ameriquest Mort

Purchase Details

Closed on
Jun 23, 1995
Sold by
Hoppert Randy
Bought by
Kaepp Patricia A

Range of Values:

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Average Value
Not Available
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
Policht Larry $38,000 Michigan Title Insurance Agenc
Policht Larry $38,000 Michigan Title Insurance Agenc
Myers Geraldine Marie -- None Available
Gossett Jillian Lee $27,500 --
Myers Geraldine M $16,405 --
Eh Pooled 810 Lp -- --
Deutsche Bank National Trust Company $104,823 --
Kaepp Patricia A $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaepp Patricia A $13,337
Previous Owner Kaepp Patricia A $92,000
Closed Kaepp Patricia A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $38,000 -24.0% $40 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $50,000 -3.8% $53 / Sq Ft
05/18/2020 05/18/20 Price Changed $52,000 -5.5% $55 / Sq Ft
03/05/2020 03/05/20 For Sale $55,000 -- $58 / Sq Ft
Source: Realcomp

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
2024 $488 $53,000 $0 $0
2023 $465 $42,800 $0 $0
2022 $1,350 $42,800 $0 $0
2021 $1,299 $39,700 $0 $0
2020 $816 $30,300 $0 $0
2019 $1,208 $30,300 $0 $0
2018 $1,328 $24,500 $0 $0
2017 $245 $24,500 $0 $0
2016 $1,281 $24,400 $0 $0
2015 $715 $22,100 $0 $0
2014 $705 $22,100 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200018100

Realcomp

APN: 07-927-026-00