NOT LISTED FOR SALE

Estimated Value: $209,000 - $242,000

3 Beds
1 Bath
1,541 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $50,000 $32 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,339/month

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Living Room

About This Home

As of February 2016

Great opportunity on this 3 bedroom, 1 bathroom Ranch home in Otter Lake. Partially finished basement. Home situated on just over one acre with mature trees on property. Back deck for entertaining or enjoying wildlife.

Last Agent to Sell the Property

Troy Cordes

Realty Executives Main St-Lap License #MISPE-6501372767 Listed on: 12/02/2015

Realty Executives Main St-Lap

Co-Listed By

Raymond Megie

Realty Executives Main St-Lap License #MISPE-6502321606

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 192x250

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • Living Room
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Tall Pines Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01328000300

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1806
  • Year Built: 1988
  • Mail City: Otter Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 10 x 11
  • Bedroom 2: On Entry Level, Dimensions: 9 x 11
  • Bedroom 3: On Entry Level, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Living Room
  • Dining Room: On Entry Level, Dimensions: 7 x 10
  • Kitchen: On Entry Level, Dimensions: 7 x 16
  • Living Room: On Entry Level, Dimensions: 11 x 14
  • Below Grade Sq Ft: 1041
  • Finished Below Grade Sq Ft: 500
  • Above Grade Finished Sq Ft: 1041
  • Total Finished Sq Ft: 1541

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 192
  • Road: Gravel

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 01328000300
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 192x250
  • Acreage: 1.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $401.00
  • Winter Tax: Amount: $1,405.00
  • Total Tax: Amount: $1,806.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 11, 2016
Sold by
Housing And Urban Development
Bought by
Carafelly Ned
Seller's Agent
Troy Cordes
Realty Executives Main St-Lap
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$42,000
Sold Price
$50,000
Premium/Discount to List
$8,000
19.05%
Current Estimated Value
$227,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,924
Avg. Annual Appreciation
15.88%
Original Mortgage
$47,500
Outstanding Balance
$38,027
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$168,468

Purchase Details

Closed on
Nov 3, 2015
Sold by
Bac Home Loan Servicing Lp and Bank Of America Na
Bought by
Housing And Urban Development

Purchase Details

Closed on
Jun 5, 2013
Sold by
Preece Marcy J
Bought by
Bank Of America and Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 12, 2008
Sold by
Ponka Dale R
Bought by
Preece Marcy J and Ponka Marcy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,904
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2005
Sold by
Ferguson Michael L
Bought by
Ponka Dale R and Ponka Marcy J

Purchase Details

Closed on
Sep 1, 1999
Sold by
Miller Teresa
Bought by
Ferguson Michael L

Purchase Details

Closed on
Mar 10, 1995
Sold by
Quertermous Danny K
Bought by
Miller Teresa
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
Carafelly Ned $50,000 --
Housing And Urban Development $133 --
Bank Of America $48,750 --
Preece Marcy J -- --
Ponka Dale R $129,000 --
Ferguson Michael L $97,900 --
Miller Teresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carafelly Ned A $25,000
Closed Carafelly Ned A $25,000
Open Carafelly Ned $47,500
Previous Owner Preece Marcy J $142,002
Previous Owner Preece Marcy J $139,904
Previous Owner Ponka Dale R $137,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $50,000 +19.0% $32 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $42,000 -- $27 / 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 $1,615 $90,500 $0 $0
2024 $1,547 $91,900 $0 $0
2023 $580 $79,200 $0 $0
2022 $1,469 $74,400 $0 $0
2021 $1,354 $64,500 $0 $0
2020 $1,338 $61,300 $0 $0
2019 $522 $59,100 $0 $0
2018 $1,285 $49,600 $49,600 $0
2017 $1,345 $49,500 $0 $0
2016 $401 $45,800 $45,800 $0
2015 -- $46,700 $0 $0
2014 -- $41,200 $41,200 $0
2013 -- $39,300 $39,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31272168

Michigan Multiple Listing Service

APN: 013-280-003-00