NOT LISTED FOR SALE

5988 Ostrum Rd Belding, MI 48809

Estimated Value: $272,127 - $384,000

4 Beds
2.5 Baths
2,382 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $129,500 $54 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,957/month

Highlights

  • Deck
  • Forced Air Heating System
  • Level Lot
  • Traditional Architecture

About This Home

As of September 2020

Sold before broadcast

Last Agent to Sell the Property

Chris Lehman

RE/MAX United (Main) License #6501359503 Listed on: 06/08/2020

RE/MAX United (Main)

Last Buyer's Agent

Chris Lehman

RE/MAX United (Main) License #6501359503 Listed on: 06/08/2020

RE/MAX United (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1930

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 201x160x201x160
  • Level Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,703

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 201x160x201x160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2382.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1703.0
  • Tax Info:Zoning3: RES
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Water Heater:Propane2: Yes
  • Lot Description:Level: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2382.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Michigan Basement
  • LivingArea: 2382.0
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129500.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Dimensions: 201x160x201x160
  • Lot Size Sq Ft: 21344.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1703.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Sep 4, 2020
Sold by
Smith and Gerd
Bought by
Malich Dixie and Merritt Marcus
Seller's Agent
Chris Lehman
RE/MAX United (Main)
Buyer's Agent
Chris Lehman
RE/MAX United (Main)
List Price
$129,500
Sold Price
$129,500
Current Estimated Value
$323,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,532
Avg. Annual Appreciation
15.88%
Original Mortgage
$127,153
Outstanding Balance
$113,606
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$155,802

Purchase Details

Closed on
Jul 24, 2003
Sold by
Gilmore Jeffrey A and Gilmore Stacy
Bought by
Smith Gary and Smith Gerd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
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
Malich Dixie $129,500 --
Smith Gary $89,500 Crowne Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malich Dixie $127,153
Previous Owner Smith Gary $25,000
Previous Owner Smith Gary $80,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $129,500 0.0% $54 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $129,500 -- $54 / Sq Ft
Source: Southwestern Michigan 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 $2,362 $108,600 $9,000 $99,600
2024 $895 $108,600 $9,000 $99,600
2023 $853 $76,700 $8,500 $68,200
2022 $813 $76,700 $8,500 $68,200
2021 $2,006 $58,700 $8,500 $50,200
2020 $410 $58,700 $8,500 $50,200
2019 $382 $55,600 $8,000 $47,600
2018 $1,664 $44,700 $8,000 $36,700
2017 $385 $44,700 $8,000 $36,700
2016 $382 $39,900 $8,000 $31,900
2015 -- $39,900 $8,000 $31,900
2014 $427 $36,000 $8,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20020720

Southwestern Michigan Association of REALTORS®

APN: 120-018-000-060-00