NOT LISTED FOR SALE

701 Jerome St Midland, MI 48640

Estimated Value: $212,000 - $247,000

3 Beds
1 Bath
1,864 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $202,500 $109 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,473/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Fenced Yard
  • Northeast Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Midland County Parks & Rec

About This Home

As of May 2022

JUST WHAT YOU NEED ON JEROME! Coming home to the downtown area of Midland awaits you with this 1864 sqft, 1920’s two-story home. Featuring an open concept, updated paint and natural light, this home is ready for new owners! Get started by enjoying a large kitchen with a breakfast bar that opens to your outdoor deck for all your family and friends to join. The living room and dining room offer lots of space and hardwood floors that give so much character to your main area. There is also a mudroom, half bath and first floor laundry to make life easier. Upstairs you will find three nicely sized bedrooms and a full bath. Choose between having your own morning second story deck for coffee off your bedroom or a master with double closets. Both options are perfect! A fenced in backyard, 2 car garage, a shed in the back yard make the perfect home. Enjoy all of the entertainment that the downtown area has to offer! Call today for your private showing!

Last Agent to Sell the Property

Cassie Cohoon

Modern Realty License #MBR-6501414670 Listed on: 05/05/2022

Modern Realty

Last Buyer's Agent

Judi Hughes

Modern Realty License #MBR-6501379288

Modern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55x93
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14-16-60-610

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,935

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 2162.42
  • Total Tax Year: 2021
  • Year Built: 1920
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 15
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 16
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 8 x 12
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Dining Room: On Main Floor, Dimensions: 16 x 12
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 10 x 16
  • Kitchen Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 15 x 14
  • Living Room Floor Covering: Wood
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1864
  • Total Finished Sq Ft: 1864

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Crawl
  • Frontage: 55
  • Road: City/County, Curbed, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Gar Door Opener, Side Loading Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 14-16-60-610
  • Zoning: Residential
  • Lot Dimensions: 55x93
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,703.98
  • Winter Tax: Year: 2021, Amount: $458.44
  • Taxable Value: 55265
  • Total Tax: Year: 2021, Amount: $2,162.42
  • SEV Year: 2022

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 31, 2022
Sold by
Mason Butler
Bought by
Lloyd Matthew
Seller's Agent
Cassie Cohoon
Modern Realty
Buyer's Agent
Judi Hughes
Modern Realty
List Price
$170,000
Sold Price
$202,500
Premium/Discount to List
$32,500
19.12%
Current Estimated Value
$225,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,851
Avg. Annual Appreciation
3.71%
Original Mortgage
$182,250
Outstanding Balance
$173,657
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$54,288

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 28, 2020
Sold by
Bolin Joseph M
Bought by
Butler Mason and Buscher Autumn
Seller's Agent
Cassie Cohoon
Modern Realty
Buyer's Agent
Cory Faccio
eXp Realty
List Price
$130,000
Sold Price
$132,000
Premium/Discount to List
$2,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.53%
Original Mortgage
$129,609
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2017
Closed on
Oct 18, 2017
Sold by
Palmer Sandra K and Stock Sandra K
Bought by
Bolin Joseph M
Seller's Agent
Tony Lechner
RE/MAX of Midland
Buyer's Agent
Rachel Belgiorno
Ayre Rhinehart Real Estate Partners
List Price
$114,900
Sold Price
$108,000
Premium/Discount to List
-$6,900
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Mar 8, 2014
Closed on
Oct 3, 2014
Sold by
Lapham Michael Lynn
Bought by
Stock Sandra K
Seller's Agent
Tony Lechner
RE/MAX of Midland
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$109,900
Sold Price
$87,550
Premium/Discount to List
-$22,350
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lloyd Matthew $202,500 Diversified National Title
Butler Mason $132,000 None Available
Butler Mason $132,000 None Listed On Document
Bolin Joseph M $108,000 None Available
Stock Sandra K $87,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Matthew $182,250
Previous Owner Butler Mason $129,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $202,500 +19.1% $109 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $170,000 +28.8% $91 / Sq Ft
08/28/2020 08/28/20 Sold $132,000 +1.5% $71 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $130,000 0.0% $70 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $130,000 +20.4% $70 / Sq Ft
10/18/2017 10/18/17 Sold $108,000 -6.0% $58 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $114,900 +31.2% $62 / Sq Ft
10/03/2014 10/03/14 Sold $87,550 -20.3% $44 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $109,900 -- $55 / Sq Ft
Source: Midland Board 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 $2,935 $90,700 $0 $0
2024 $2,282 $77,600 $0 $0
2023 $2,175 $68,700 $0 $0
2022 $2,255 $60,200 $0 $0
2021 $2,174 $52,500 $0 $0
2020 $2,165 $52,000 $0 $0
2019 $2,147 $51,800 $6,300 $45,500
2018 $2,178 $58,000 $6,300 $51,700
2017 $0 $50,100 $6,300 $43,800
2016 $1,954 $48,400 $6,300 $42,100
2012 -- $46,800 $6,300 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 50073055

Midland Board of REALTORS®

APN: 14-16-60-610