NOT LISTED FOR SALE

707 Prospect St Albion, MI 49224

Estimated Value: $92,000 - $125,245

2 Beds
1 Bath
942 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $5,000 $5 Per Sq Ft

Est. 1,976% increase in value since last sale

Current estimated payment $685/month

20 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2021

MULTIPLE OFFERS. Highest and best due by Monday 3/29/21 at 12pm. This house will be adorable. 2 bedrooms, 1 bath. Small kitchen but those cabinets are pretty. Basement is a little choppy but there is potential down there for a nice rec room or another bedroom if you add an egress window. It is plumbed for another bathroom but everything was removed. This home is being offered through The Calhoun County Land Bank's Transform This Home Program where buyers agree to rehab the home within a given time frame. This home needs building, mechanical, plumbing, and electrical repairs. Additional inspections are required for Occupancy Permit.

Last Agent to Sell the Property

Melissa Kennedy

Coldwell Banker Morehart Realty License #6501385948 Listed on: 03/12/2021

Coldwell Banker Morehart Realty

Last Buyer's Agent

Melissa Kennedy

Coldwell Banker Morehart Realty License #6501385948 Listed on: 03/12/2021

Coldwell Banker Morehart Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 5,793 Sq Ft Lot
  • Lot Dimensions are 51 x 114
  • Property is zoned R1C, R1C

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1935
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 15.92
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51 x 114
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 942.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Zoning3: R1C
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 942.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 942.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 788.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 15000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 51 x 114
  • Lot Size Sq Ft: 5793.0
  • Zoning Description: R1C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 5, 2021
Sold by
Calhoun County Land Bank Authority
Bought by
Reese Joann and Haynes Jakeyla
Seller's Agent
Melissa Kennedy
Coldwell Banker Morehart Realty
Buyer's Agent
Melissa Kennedy
Coldwell Banker Morehart Realty
List Price
$15,000
Sold Price
$5,000
Premium/Discount to List
-$10,000
-66.67%
Current Estimated Value
$103,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,811
Avg. Annual Appreciation
91.46%

Purchase Details

Closed on
Nov 12, 2019
Sold by
Calhoun County Treasurer
Bought by
Calhoun County Land Bank Authority

Purchase Details

Closed on
May 19, 2015
Sold by
Holt Ethel
Bought by
Williams Darlene

Purchase Details

Closed on
Jan 27, 2010
Sold by
Best Value Properties Llc
Bought by
Holt Ethel

Purchase Details

Closed on
Dec 10, 2009
Sold by
Commodore Housing Llc
Bought by
Best Value Properties Llc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Jackson Nora and Jackson Marlin Dennis
Bought by
U S Bank National Association and Saxon Mortgage Services Inc
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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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
Reese Joann $5,000 Lievois Daniel P
Calhoun County Land Bank Authority -- None Available
Williams Darlene $15,000 None Available
Holt Ethel $20,000 None Available
Holt Ethel -- None Available
Best Value Properties Llc -- None Available
U S Bank National Association $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holt Ethel $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $5,000 -66.7% $5 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $15,000 -- $16 / 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 $1,713 $27,000 $0 $0
2024 $838 $25,300 $0 $0
2023 $1,809 $32,700 $0 $0
2022 $934 $28,200 $0 $0
2021 $0 $0 $0 $0
2020 $1,039 $0 $0 $0
2019 $0 $16,500 $0 $0
2018 $0 $15,700 $6,200 $9,500
2017 $0 $16,000 $0 $0
2016 $0 $15,800 $0 $0
2015 -- $15,100 $0 $0
2014 -- $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21007671

MichRIC

APN: 51-009-782-00