NOT LISTED FOR SALE

724 Lyons Rd Portland, MI 48875

Estimated Value: $238,401 - $271,000

3 Beds
2 Baths
1,498 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $72,500 $48 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,565/month

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

This Cape Cod features three Bedrooms, 2 baths, Kitchen, Dining room, Living room, main floor laundry, and Family room. Nice size yard, double car garage and central air.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 01/22/2016

KW Rivertown Hoppough

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 73x100

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 48.06
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 73x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1498.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2172.14
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1498.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1498.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 696.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 71999.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Dimensions: 73x100
  • Lot Size Sq Ft: 19166.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2172.14
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
May 3, 2016
Sold by
Federal National Mortgage Association
Bought by
Edwards Brian
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$80,000
Sold Price
$72,500
Premium/Discount to List
-$7,500
-9.38%
Current Estimated Value
$258,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,850
Avg. Annual Appreciation
13.97%
Original Mortgage
$71,186
Outstanding Balance
$56,669
Interest Rate
3.66%
Estimated Equity
$201,681

Purchase Details

Closed on
Apr 1, 2014
Sold by
Donnell Timothy R O and Merryfield Angela J
Bought by
Donnell Timothy R O and Merryfield Angela J

Purchase Details

Closed on
Jul 28, 2000
Bought by
Odonnell Timothy R and Odonnell Merryfield A
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
Edwards Brian -- --
Donnell Timothy R O -- None Available
Odonnell Timothy R $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Brian $71,186
Closed Edwards Brian --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $72,500 -9.4% $48 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $80,000 -- $53 / 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 $2,574 $88,800 $16,400 $72,400
2024 $19 $88,800 $16,400 $72,400
2023 $1,841 $79,800 $12,200 $67,600
2022 $1,754 $79,800 $12,200 $67,600
2021 $2,314 $61,000 $11,200 $49,800
2020 $1,680 $61,000 $11,200 $49,800
2019 $2,157 $61,000 $11,200 $49,800
2018 $2,220 $55,500 $11,200 $44,300
2017 $1,668 $55,500 $11,200 $44,300
2016 $1,632 $54,400 $11,200 $43,200
2015 -- $54,400 $11,200 $43,200
2014 -- $54,700 $12,600 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15060007

MichRIC

APN: 300-080-000-065-01