NOT LISTED FOR SALE

62400 Shaffer Rd Constantine, MI 49042

Estimated Value: $185,000 - $249,000

3 Beds
1.5 Baths
1,292 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $48,460 $38 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $1,148/month

45 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2012

This is a HUD Home, sold AS-IS by electronic bid only. Equal Housing Opportunity. All bids must be submitted through a registered HUD approved real estate agent. For property conditions, forms, disclosures and availability, see website in agent remarks. Buyer to verify all information. Earnest money deposit: $500 if bid is less than $50,000; $1,000 if bid is $50,000 or more. All bidders must have lender prequalification letter. 0 points/0 repairs. Agents, please refer to Agent Comments section for additional details.

Last Agent to Sell the Property

John Henderson

J T Henderson & Assoc LLC License #6502331223 Listed on: 04/20/2012

Co-Listed By

Tyler Milliman

J T Henderson & Associates, LLC

Last Buyer's Agent

Vinette Reames

RE/MAX Elite Group License #6502372269

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $532

Year Built

  • Built in 1973

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 175x200

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Attached Garage
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$532

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1973
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 41.38
  • General Property Info:Lot Dimensions: 175x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1292.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 532.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1292.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1292.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 53460.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Dimensions: 175x200
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Ray William John and Ray Michaelyn Joan
Bought by
Weaver Justine J
Current Estimated Value
$211,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Outstanding Balance
$113,859
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$96,607

Purchase Details

Closed on
Oct 14, 2013
Sold by
Ray William John and Ray Michaelyn Joan
Bought by
Ray William John and Ray Michaelyn Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 1, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Ray William John and Ray Michaelyn Joan
Seller's Agent
John Henderson
J T Henderson & Assoc LLC
Buyer's Agent
Vinette Reames
RE/MAX Elite Group
List Price
$66,000
Sold Price
$48,460
Premium/Discount to List
-$17,540
-26.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$38,768
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2011
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 29, 2010
Sold by
Miller James and Miller Tamla
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 23, 2008
Sold by
Flynn James V
Bought by
Miller James R and Miller Tamla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,949
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2004
Sold by
Fannie Mae
Bought by
Flynn James and Flynn Konni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,655
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Chase Manhattan Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 6, 2003
Sold by
Zabonick Jack C and Zabonick Deborah L
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 14, 1991
Sold by
Burris David M and Burris Barbara C
Bought by
Zabonick Jack C and Zabonick Deborah L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weaver Justine J -- --
Ray William John -- Patrick Abstract & Title Off
Ray William John $48,460 Patrick Abstract
Ray William J $48,500 --
The Secretary Of Housing & Urban Develop -- None Available
Citimortgage Inc $138,597 None Available
Miller James R $134,000 Devon Title Three Rivers
Flynn James $104,900 --
Federal National Mortgage Association -- --
Federal National Mortgage Associati -- --
Chase Manhattan Mtg Corp $111,100 --
Zabonick Jack C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Justine J $121,000
Previous Owner Ray William John $84,000
Previous Owner Ray William J $38,768
Previous Owner Miller James R $132,949
Previous Owner Flynn James $99,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2012 08/06/12 Sold $48,460 -26.6% $38 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $66,000 -- $51 / 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 $492 $80,000 $8,200 $71,800
2024 $478 $69,800 $8,200 $61,600
2023 $456 $61,600 $8,200 $53,400
2022 $0 $58,700 $8,200 $50,500
2021 $0 $51,300 $7,500 $43,800
2020 $416 $45,700 $7,500 $38,200
2019 $1,132 $41,700 $7,500 $34,200
2018 $1,058 $41,700 $7,500 $34,200
2017 $1,027 $38,100 $38,100 $0
2016 -- $38,200 $38,200 $0
2015 -- $39,000 $0 $0
2014 -- $36,700 $36,700 $0
2012 -- $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12021214

MichRIC

APN: 003-003-016-10