NOT LISTED FOR SALE

616 Elm St Three Rivers, MI 49093

Estimated Value: $153,235 - $172,000

3 Beds
2 Baths
1,500 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $47,770 $32 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,048/month

73 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Bowman Park

About This Home

As of January 2014

Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 11/18/2013. ________________________________________

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 11/03/2013

Weichert Realtors-Gold Star

Co-Listed By

TARAH SHETERON

Cressy & Everett Real Estate License #6501334297

Last Buyer's Agent

Justin Rarick

Five Star Real Estate License #6506043605

Five Star Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,793 Sq Ft Lot
  • Lot Dimensions are 44x132

Parking

  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 33.27
  • General Property Info:Lot Dimensions: 44x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1500.0
  • Tax Info:Annual Property Tax: 1455.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1500.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1500.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 49900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 44x132
  • Lot Size Sq Ft: 5793.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Corwin Jason
Bought by
Beattie Matthew and Zimmerman Tabitha
Current Estimated Value
$165,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,424
Outstanding Balance
$130,306
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$35,503

Purchase Details

Listed on
Nov 3, 2013
Closed on
Jan 14, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Corwin Jason
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
Justin Rarick
Five Star Real Estate
List Price
$49,900
Sold Price
$47,770
Premium/Discount to List
-$2,130
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$56,122
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2013
Sold by
Meyer Jacob D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 13, 2006
Sold by
Meyer Jacob D and Beurmann Kristyn
Bought by
Meyer Jacob D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Bouterse Peggy A
Bought by
Meyer Jacob D and Beurmann Kristyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1997

Purchase Details

Closed on
Nov 30, 1966
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beattie Matthew $141,000 Near North Title Group
Corwin Jason $47,700 E Title
Federal Home Loan Mortgage Corporation $40,000 None Available
Meyer Jacob D -- Meridian Title Corporation
Meyer Jacob D $70,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beattie Matthew $142,424
Previous Owner Corwin Jason $56,122
Previous Owner Meyer Jacob D $68,500
Previous Owner Meyer Jacob D $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $47,770 -4.3% $32 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
11/03/2013 11/03/13 For Sale $49,900 -- $33 / Sq Ft
Source: MichRIC

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 $2,125 $58,600 $2,800 $55,800
2024 $1,399 $52,900 $2,200 $50,700
2023 $1,334 $45,800 $2,000 $43,800
2022 $1,270 $42,400 $2,000 $40,400
2021 $1,503 $40,200 $1,900 $38,300
2020 $1,484 $37,300 $1,900 $35,400
2019 $1,456 $33,200 $1,400 $31,800
2018 $1,383 $34,500 $3,300 $31,200
2017 $1,362 $33,200 $33,200 $0
2016 -- $31,800 $31,800 $0
2015 -- $30,200 $0 $0
2014 -- $29,200 $29,200 $0
2012 -- $32,900 $32,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Brown

    Seller's Agent in 2014

    Jeffrey Brown

    Weichert Realtors-Gold Star

    (574) 320-2365

    1 in this area

    80 Total Sales

    Jeffrey Brown
    Section Image
  • TARAH SHETERON

    Seller Co-Listing Agent in 2014

    TARAH SHETERON

    Cressy & Everett Real Estate

    (269) 876-9276

    1 in this area

    141 Total Sales

    TARAH SHETERON
    Section Image

  • J

    Buyer's Agent in 2014

    Justin Rarick

    Five Star Real Estate

    Section Image
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Map

Source: MichRIC

MLS Number: 13063337

MichRIC

APN: 051-145-239-00

Michigan St. Joseph County Three Rivers 49093

616 Elm St, Three Rivers, MI

Not Listed for Sale

Detached

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