NOT LISTED FOR SALE

602 Walnut St Three Rivers, MI 49093

Estimated Value: $148,000 - $202,000

3 Beds
1 Bath
1,410 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $88,500 $63 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,255/month

83 Days on Market

Highlights

  • Newly Remodeled
  • Corner Lot: Yes
  • Forced Air Heating System
  • 1 Fireplace
  • Bungalow
  • 4-minute walk to Bowman Park

About This Home

As of August 2023

Great Opportunity to own this single-family home oozing with potential. This home was built in 1953 and features 3 bedrooms and 1 bathroom, with plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***

Last Agent to Sell the Property

Lori Brown

REALHOME SERVICES AND SOLUTIONS INC - I License #6502431396 Listed on: 04/28/2023

Last Buyer's Agent

Nonmember Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1953 | Newly Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55 x 132
  • Corner Lot: Yes

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,410 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Reserve Auction

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,182

Year Built

Built in 1953 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: Yes
  • Stories: 2
  • Year Built: 1953
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 55 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1410.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2182.0
  • Tax Info:Zoning3: unknown
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Construction Status: Completed
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Auction Type:Reserve: Yes
  • General Property Info:SqFt Above Grade: 1410.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Special Features: 1026
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1410.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1410.0

Exterior Features

  • Construction Materials: Brick, Other
  • List Price: 101500.0
  • Lot Features: Corner Lot
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 55 x 132
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2182.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 27, 2023
Sold by
Discovery Mortgage Loan Trust
Bought by
Larson Kristen Marie and Larson Michael James
Seller's Agent
Lori Brown
REALHOME SERVICES AND SOLUTIONS INC - I
Buyer's Agent
Nonmember Agent
Non Member
List Price
$115,500
Sold Price
$88,500
Premium/Discount to List
-$27,000
-23.38%
Views
409
Current Estimated Value
$172,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,903
Avg. Annual Appreciation
32.24%

Purchase Details

Closed on
Oct 20, 2022
Sold by
Morse Bruce L
Bought by
Discovery Mortgage Loan Trust

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 11, 2019
Sold by
Bloom Mathew J
Bought by
Bloom Mathew J and Hernandez Maria
Seller's Agent
Natasha Anderson
Five Star Real Estate
Buyer's Agent
Randy Blankenship
Michigan Top Producers-Vicksburg
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$88,369
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
Peck Cheryl L
Bought by
Schrock Randy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 1999
Sold by
Brigham
Bought by
Peck

Purchase Details

Closed on
Mar 11, 1999

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

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
Larson Kristen Marie $88,500 Vylla Title
Discovery Mortgage Loan Trust $101,354 --
Bloom Mathew J -- None Available
Bloom Matthew J $90,000 Devon Title
Schrock Randy D $75,000 None Available
Peck $68,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bloom Matthew J $88,369
Previous Owner Schrock Randy D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $88,500 -12.8% $63 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $101,500 -12.1% $72 / Sq Ft
04/28/2023 04/28/23 For Sale $115,500 +28.3% $82 / Sq Ft
01/11/2019 01/11/19 Sold $90,000 0.0% $62 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $90,000 -- $62 / 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 $4,086 $73,400 $3,500 $69,900
2024 $2,505 $64,200 $2,700 $61,500
2023 $1,446 $55,300 $2,500 $52,800
2022 $1,377 $51,300 $2,500 $48,800
2021 $2,026 $48,600 $2,300 $46,300
2020 $2,001 $43,900 $2,300 $41,600
2019 $1,425 $39,000 $1,800 $37,200
2018 $1,353 $34,000 $3,700 $30,300
2017 $1,333 $32,800 $32,800 $0
2016 -- $31,400 $31,400 $0
2015 -- $29,700 $0 $0
2014 -- $28,500 $28,500 $0
2012 -- $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23013275

Southwestern Michigan Association of REALTORS®

APN: 051-145-258-00