NOT LISTED FOR SALE

714 Ternes Rd Tecumseh, MI 49286

Estimated Value: $183,440 - $210,000

3 Beds
1 Bath
1,008 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $67,000 $66 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,200/month

60 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Fenced Yard
  • Patio
  • 1-Story Property

About This Home

As of February 2012

Updates since June 2009 - furnace and central air, hot water heater, vinyl siding,gutters, garage door, garage door opener, kitchen cabinets, countertops and flooring, windows in dining rm and living rm, bathtub, vanity, all light fixtures, all carpeting and landscaping. Basement plumbed for 2nd bath. Taxes are currently non-homestead. Seller willing to have taxes prorated as if 100% homestead. Seller is a licensed Associate Broker in the State of Michigan. Partially fenced rear yard.

Last Agent to Sell the Property

Barb Schrader

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6506032036 Listed on: 12/01/2011

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

David Corder

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502332298 & 6502357706

Howard Hanna Real Estate Services-Tecumseh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Ceramic Tile Flooring
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number XTO600065000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Amount: 2617.54
  • Total Tax Year: 2011
  • Year Built: 1955
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceramic Floors, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 10 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Flr Primary Bedroom, Lower Level Laundry, Primarybdrm Lavatory
  • Dining Room: On 1st Floor, Dimensions: 11 x 8
  • Kitchen: On 1st Floor, Dimensions: 12 x 11
  • Laundry: In Basement, Dimensions: 6 x 8
  • Living Room: On 1st Floor, Dimensions: 16 x 12
  • Below Grade Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Total Finished Sq Ft: 1008

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Patio
  • Frontage: 66
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: XTO600065000
  • Zoning: Residential
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,357.64
  • Winter Tax: Amount: $259.90
  • Total Tax: Year: 2011, Amount: $2,617.54

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2011
Closed on
Feb 29, 2012
Sold by
Schrader Barbara
Bought by
Wanzeck Jane M
Seller's Agent
Barb Schrader
Howard Hanna Real Estate Services-Tecumseh
Buyer's Agent
David Corder
Howard Hanna Real Estate Services-Tecumseh
List Price
$77,000
Sold Price
$67,000
Premium/Discount to List
-$10,000
-12.99%
Current Estimated Value
$197,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,860
Avg. Annual Appreciation
8.14%
Original Mortgage
$72,704
Outstanding Balance
$49,919
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$147,941

Purchase Details

Closed on
Jun 22, 2009
Sold by
Trott and Trott P C
Bought by
Schrader Barbara

Purchase Details

Closed on
Sep 19, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2008
Sold by
Nichols Benjamin J and Nichols Emily S
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 31, 2006
Sold by
Miller James F and Miller Ethel
Bought by
Nichols Benjamin J and Nichols Emily S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,600
Interest Rate
6.85%
Mortgage Type
New Conventional
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
Wanzeck Jane M $67,000 None Available
Schrader Barbara $39,900 Attorneys Title
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $125,256 None Available
Nichols Benjamin J $114,600 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanzeck Jane M $72,704
Previous Owner Nichols Benjamin J $114,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $67,000 -13.0% $66 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $77,000 -- $76 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,970 $65,900 $0 $0
2024 $1,667 $63,700 $0 $0
2023 $1,938 $60,600 $0 $0
2022 $1,864 $53,700 $0 $0
2021 $1,977 $51,100 $0 $0
2020 $1,959 $52,500 $0 $0
2019 $1,925 $49,700 $7,100 $42,600
2017 $1,818 $44,600 $7,100 $37,500
2016 $1,814 $42,300 $6,500 $35,800
2014 $2,592 $39,300 $8,300 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20022868

Michigan Multiple Listing Service

APN: XT0-600-0650-00