NOT LISTED FOR SALE

61 Summit St Saranac, MI 48881

Estimated Value: $205,000 - $255,000

5 Beds
2 Baths
2,146 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $82,000 $38 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,357/month

122 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Wood Flooring
  • Barn
  • Traditional Architecture
  • Mud Room

About This Home

As of June 2016

2,000+ Sq FT home in the desireable village of Saranac. Can be used as a 4 or 5 bedroom home, 2 full bath, large open floor-plan including huge Kitchen. 1 full bath on each level, large remodeled master with double closets. Several areas of the home have newer wall and floor coverings, trim and fixtures. Home is mechanically sound with updated furnace/central air, water heater, electrical and plumbing throughout. Beautiful 1/2+ acre plus lot with frontage on Lake Creek. There is a large barn on the property that needs doors and some other finishing touches. Hurry to show, offers welcome!

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 12/14/2015

Last Buyer's Agent

Cory Pangburn

Pangburn Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 130x200
  • Private Waterfront
  • 125 Feet of Waterfront
  • Shrub
  • Terraced Lot

Parking

  • 1 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Mud Room
  • Wood Flooring
  • Basement
  • Michigan Basement
  • Storm Windows
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Mineral Rights Excluded
  • Barn

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 130x200
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2146.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1750.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 125.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Landscape:Terraced Yard: Yes
  • Substructure:Michigan Basement: Yes
  • Roofing:Metal: Yes
  • Windows:Storms: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info:SqFt Above Grade: 2146.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2146.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1114.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 79900.0
  • Lot Features: Recreational
  • Other Structures: Barn(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Metal
  • Water Body Name: Lake Creek
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Dimensions: 130x200
  • Lot Size Sq Ft: 26136.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1750.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Jun 24, 2016
Sold by
Wilson Carl W and Wilson Heather
Bought by
Reynolds Daniel R
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Cory Pangburn
Pangburn Properties Inc.
List Price
$84,900
Sold Price
$82,000
Premium/Discount to List
-$2,900
-3.42%
Current Estimated Value
$228,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,286
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Jan 4, 2007
Sold by
Reynolds Scott
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 12, 2004
Sold by
Perrin Donna M
Bought by
Reynolds Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,520
Interest Rate
7.7%
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
Reynolds Daniel R -- None Available
Deutsche Bank National Trust Co $120,489 None Available
Reynolds Scott $96,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Scott $77,520
Closed Reynolds Scott $19,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $82,000 -3.4% $38 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $84,900 -- $40 / 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 $1,763 $82,000 $27,800 $54,200
2024 $1,456 $82,000 $27,800 $54,200
2023 $1,389 $65,100 $21,200 $43,900
2022 $1,323 $65,100 $21,200 $43,900
2021 $2,284 $58,400 $16,700 $41,700
2020 $1,266 $58,400 $16,700 $41,700
2019 $1,009 $54,300 $15,600 $38,700
2018 $2,163 $48,900 $15,600 $33,300
2017 $1,213 $48,900 $15,600 $33,300
2016 $1,009 $45,400 $14,900 $30,500
2015 -- $45,400 $14,900 $30,500
2014 $1,172 $42,800 $14,900 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15062989

Southwestern Michigan Association of REALTORS®

APN: 021-130-000-205-00