NOT LISTED FOR SALE

702 N Main St Three Rivers, MI 49093

Estimated Value: $123,000 - $162,000

2 Beds
2 Baths
1,162 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $20,000 $17 Per Sq Ft

Est. 635% increase in value since last sale

Current estimated payment $945/month

85 Days on Market

Highlights

  • Barn
  • Traditional Architecture
  • Detached Garage
  • Recreation Room
  • Corner Lot: Yes
  • 2-minute walk to Bowman Park

About This Home

As of October 2016

***This property is now under auction terms. See agent remarks***This is a Fannie Mae/Homepath property! The former buyer did all of the inspections and the home passed with flying colors...unfortunately the buyer can no longer proceed with the sale. This could be your good luck! Check out this home today and make it yours! This two bedroom home on a nice lot is ready for new owners! This home has over 1000 square feet of living area. The home has good curb appeal and you will love the large porch! The kitchen is very large with plenty of storage and the bathroom has had updates. There is an old barn on the property that could be used for additional storage. Check out this home today and make it yours!

Last Listed By

Gail Mitchell

Advanced Real Estate Services Listed on: 07/05/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1896

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 89x125
  • Corner Lot: Yes

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Barn

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1896
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Other Structures:Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1162.0
  • Basement Rooms:Total Basement SQFT: 798.0
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 25000.0
  • Lot Features: Corner Lot, Sidewalk
  • Other Structures: Barn(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 89x125
  • Lot Size Sq Ft: 11194.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 11, 2016
Sold by
Fannie Mae
Bought by
Larkins Scott Eric
Seller's Agent
Gail Mitchell
Advanced Real Estate Services
Buyer's Agent
Annette Larkins
RE/MAX Elite Group T.R.
List Price
$38,000
Sold Price
$20,000
Premium/Discount to List
-$18,000
-47.37%
Total Days on Market
85
Current Estimated Value
$147,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,080
Avg. Annual Appreciation
25.72%
Original Mortgage
$15,000
Outstanding Balance
$12,330
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$129,258

Purchase Details

Closed on
Mar 3, 2016
Sold by
Member First Mortgage Llc
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 15, 1997
Sold by
Vancely
Bought by
Shetterly Randy E

Purchase Details

Closed on
Jan 13, 1997

Purchase Details

Closed on
Jan 11, 1997

Purchase Details

Closed on
Jan 1, 1901

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
Larkins Scott Eric $20,000 First American Title Ins Co
Fannie Mae -- Attorney
Shetterly Randy E $54,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkins Scott Eric $15,000
Previous Owner Shetterly Randy E $65,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $20,000 -47.4% $17 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $38,000 -- $33 / Sq Ft
Source: Southwestern Michigan Association 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
2024 $1,561 $55,100 $4,100 $51,000
2023 $1,488 $48,000 $4,200 $43,800
2022 $1,417 $44,900 $4,200 $40,700
2021 $2,238 $42,500 $3,900 $38,600
2020 $2,209 $38,500 $3,900 $34,600
2019 $2,168 $34,000 $3,000 $31,000
2018 $2,227 $36,700 $4,500 $32,200
2017 $2,190 $34,900 $34,900 $0
2016 -- $33,600 $33,600 $0
2015 -- $31,800 $0 $0
2014 -- $31,000 $31,000 $0
2012 -- $31,400 $31,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16022511

Southwestern Michigan Association of REALTORS®

APN: 051-145-335-00