NOT LISTED FOR SALE

6508 Ostrum Rd Belding, MI 48809

Estimated Value: $502,000 - $959,481

4 Beds
4 Baths
1,294 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $124,000 $96 Per Sq Ft

Est. 480% increase in value since last sale

Current estimated payment $4,272/month

Highlights

  • 60 Acre Lot
  • Pole Barn
  • Farm
  • Wooded Lot
  • Wood Siding

About This Home

As of December 2012

Older farm house, needs burning down. Pole barn, newer water and septic. Large creek, large pond, 60 acres of land. Woods and high grass. Great hunting, walk the land. Why use someone else's land when you could own your own.

Last Agent to Sell the Property

Donald Ferguson

Greenridge Realty (Ionia) Listed on: 11/08/2012

Last Buyer's Agent

Denise Maghielse

Real Estate with Maghielse &Co

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • 60 Acre Lot
  • The property's road front is unimproved
  • Wooded Lot

Home Design

  • Farm
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Outdoor Features

  • Pole Barn

Utilities

  • Well
  • Septic System

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Farm
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 180000.0
  • Lot Features: Wooded
  • Other Structures: Pole Barn
  • Road Surface Type: Unimproved
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line
  • Water Source: Well

Lot Info

  • Lot Size Acres: 60.0
  • Lot Size Area: 60.0
  • Lot Size Sq Ft: 2613600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Cargill Terri and Cargill Jeff
Bought by
The Jeff And Terri Cargill Trust
Current Estimated Value
$719,644

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 14, 2012
Sold by
Setchfield Todd and Setchfield Paula
Bought by
Cargill Terri and Cargill Jeff
Seller's Agent
Donald Ferguson
Greenridge Realty (Ionia)
Buyer's Agent
Denise Maghielse
Real Estate with Maghielse &Co
List Price
$180,000
Sold Price
$124,000
Premium/Discount to List
-$56,000
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$99,200
Outstanding Balance
$18,916
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$711,825
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
The Jeff And Terri Cargill Trust -- None Available
Cargill Terri $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cargill Terri $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $124,000 -31.1% $96 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $180,000 -- $139 / 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 $6,104 $385,200 $136,500 $248,700
2024 $21 $385,200 $136,500 $248,700
2023 $2,030 $273,300 $72,000 $201,300
2022 $1,933 $273,300 $72,000 $201,300
2021 $5,396 $259,000 $72,000 $187,000
2020 $1,855 $259,000 $72,000 $187,000
2019 $1,728 $246,600 $68,000 $178,600
2018 $5,114 $202,400 $68,000 $134,400
2017 $1,742 $202,400 $68,000 $134,400
2016 $1,728 $177,100 $64,000 $113,100
2015 -- $177,100 $64,000 $113,100
2014 $380 $157,800 $54,000 $103,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Donald Ferguson

    Greenridge Realty (Ionia)

  • D

    Buyer's Agent in 2012

    Denise Maghielse

    Real Estate with Maghielse &Co

    (616) 977-7790

    228 Total Sales

    Denise Maghielse
    Section Image

  • P

    Buyer Co-Listing Agent in 2012

    Paul Eslinger

    Real Estate with Maghielse &Co

See All Agents

Map

Source: MichRIC

MLS Number: 12059576

MichRIC

APN: 130-013-000-240-00

Michigan Ionia County Belding 48809

6508 Ostrum Rd, Belding, MI

Not Listed for Sale

Other

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