NOT LISTED FOR SALE

Estimated Value: $209,399 - $222,000

3 Beds
1 Bath
1,002 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $42,000 $42 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $1,398/month

2 Days on Market

Highlights

  • Guest House
  • Recreation Room
  • Pole Barn
  • 1.04 Acre Lot
  • Wood Flooring
  • Den

About This Home

As of November 2016

Call Ron Mallernee At (269)209-8027 Or Laurie Paul At (269)317-2324 For More Information. This Unique Property In Pennfield Township Offers Many Possibilities! Located On Just Over An Acre, There Is A 3 Bedroom Bungalow, A Detached 1 Bedroom Guest House With Kitchen, Living Room And Bath (Approx. 650 Sq Ft.), A 2 Car Garage And A 30 X 40 Pole Bldg. **ROOM SIZES IN MLS ARE FOR THE MAIN HOUSE ONLY **HUD Homes Sold AS-IS. WWW.SAGEACQ.COM OR WWW.HUDHOMESTORE.COM For Bidding Info. FHA Case# 263-434551 - Insurability Code (UI). Lead Based Paint Notices Online To Sign.

Last Agent to Sell the Property

Ron Mallernee

Homestyle Realty License #6502365623 Listed on: 09/07/2016

Co-Listed By

Laurinda Mallernee

Homestyle Realty License #6502365633

Last Buyer's Agent

Tessa Zettelmaier

Knobloch, REALTORS License #6501385449

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 150 x 298

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Pole Barn
  • Porch

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 150 X 298
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1002.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2768.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1002.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Bungalow: Yes
  • Other Structures:Pole Barn: Yes
  • Other Structures:Guest House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1002.0
  • Window Features: Screens, Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1002.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 57672.0
  • Other Structures: Guest House, Pole Barn
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.04
  • Lot Size Area: 1.04
  • Lot Dimensions: 150 X 298
  • Lot Size Sq Ft: 45302.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2768.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 10, 2016
Sold by
Secreatary Of Housing & Urban Developmen
Bought by
Peterson Ashley
Seller's Agent
Ron Mallernee
Homestyle Realty
Buyer's Agent
Tessa Zettelmaier
Knobloch, REALTORS
List Price
$80,000
Sold Price
$42,000
Premium/Discount to List
-$38,000
-47.5%
Current Estimated Value
$216,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,850
Avg. Annual Appreciation
20.08%
Original Mortgage
$37,800
Outstanding Balance
$30,442
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$186,408

Purchase Details

Closed on
Oct 30, 2015
Sold by
Shoup Mary J
Bought by
Black Linda M

Purchase Details

Closed on
Dec 3, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 14, 2014
Sold by
Gronlie Tristan D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 10, 2008
Sold by
Hinton Autumn and Hinton Jerry
Bought by
Gronlie Tristan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,099
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2004
Sold by
Dean Helen L
Bought by
Hinton Jerry and Hinton Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Sold by
Wortley Dean P and Wortley Marion J
Bought by
Dean Ronald and Dean Helen
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
Peterson Ashley $42,000 Chicago Title Of Michigan
Black Linda M $98,300 Attorney
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $48,750 None Available
Gronlie Tristan D $85,000 First American Title Ins Co
Hinton Jerry $127,000 --
Dean Ronald $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Ashley $37,800
Previous Owner Gronlie Tristan D $84,099
Previous Owner Hinton Jerry $101,600
Closed Hinton Jerry $25,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $42,000 -47.5% $42 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $80,000 -- $80 / 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 $3,137 $98,600 $0 $0
2024 $1,399 $88,100 $0 $0
2023 $2,711 $78,830 $0 $0
2022 $1,269 $68,330 $0 $0
2021 $2,721 $65,900 $0 $0
2020 $2,672 $65,220 $0 $0
2019 $2,584 $60,100 $0 $0
2018 $2,329 $58,220 $19,850 $38,370
2017 -- $57,090 $0 $0
2016 -- $55,570 $0 $0
2015 -- $48,690 $16,390 $32,300
2014 -- $41,410 $16,390 $25,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16014890

MichRIC

APN: 18-570-024-00