NOT LISTED FOR SALE

7243 E 5 Point Hwy Eaton Rapids, MI 48827

Estimated Value: $234,000 - $268,000

2 Beds
1.5 Baths
1,136 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $200,000 $176 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,620/month

Highlights

  • 1.87 Acre Lot
  • Wood Flooring
  • Porch
  • Ranch Style House
  • Pole Barn
  • 3 Car Attached Garage

About This Home

As of July 2021

Two bedroom, 1.5 bathroom ranch home on 1.89 acres in Eaton Rapids. This home features a 3 car garage, wood burning fireplace in the living room, wood floors throughout, full basement with walk out, covered back porch, and generator! Additional one car detached garage and 20x30 (apprx) pole barn on the property as well. **Sellers have multiple offers. Offers due 6/7/21 by 11am.

Last Agent to Sell the Property

Laura DeLong

DeLong and Co. License #6502382220 Listed on: 06/03/2021

Last Buyer's Agent

Laura DeLong

DeLong and Co. License #6502382220 Listed on: 06/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1961

Lot Details

  • 1.87 Acre Lot
  • Property fronts a county road
  • Few Trees
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Pole Barn
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • 200+ Amp Service
  • Power Generator
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,226

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2020
  • Levels: One
  • Parking Features Garage Spaces: 3.0
  • Year Built: 1961
  • Basement Level: Basement
  • Lot Size Acres: 1.87
  • Lot Size: undefinedxundefined
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1136.0
  • Architectural Style: Ranch
  • Living Area: 1136.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 1136.0
  • General Property Info:Total Livable Area: 1136.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Other Structures:Barn(s): Yes
  • Other Structures:Pole Barn: Yes
  • Exterior:Aluminum Siding: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Water Softeners: Yes
  • Rooms:Basement3: Yes
  • Flooring:Hardwood: Yes
  • Road Frontage Type:County Road: Yes
  • Electric:Generator: Yes
  • Flooring:Linoleum: Yes
  • Electric:_two_00 Amp Service: Yes
  • General Property Info:Building Area Total SqFt: 2272.0
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Heating: Fireplace(s), Forced Air, Propane, Wood
  • Flooring: Hardwood, Linoleum
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 2
  • Room: 7
  • Property Type: Residential
  • Other Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Rain Gutters
  • Lot Features: Back Yard, Few Trees, Front Yard
  • OtherStructures: Barn(s), Pole Barn
  • RoadFrontageType: County Road
  • Patio And Porch Features: Patio, Porch
  • Construction Type: Aluminum Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Parking Features: Attached, Concrete Driveway, Garage
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Concrete Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Disposal, Electric Range, Gas Water Heater, Water Softener, Washer, Dryer
  • Cooling: Central Air
  • Electric: 200+ Amp Service, Generator
  • LaundryFeatures: Electric Dryer Hookup, In Basement
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes
  • Heating:Wood2: Yes
  • Heating:Fireplace(s): Yes

Schools

  • Junior High Dist: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 81457.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 8026
  • Tax Annual Amount: 2226.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 14, 2021
Sold by
The William R Bursley Revocable Trust
Bought by
Mathews Allen Lee and Mathews Ainslie Christine
Seller's Agent
Laura DeLong
DeLong and Co.
Buyer's Agent
Laura DeLong
DeLong and Co.
List Price
$165,000
Sold Price
$200,000
Premium/Discount to List
$35,000
21.21%
Current Estimated Value
$256,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,132
Avg. Annual Appreciation
5.08%
Original Mortgage
$190,000
Outstanding Balance
$173,141
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,282

Purchase Details

Closed on
Aug 24, 2017
Sold by
Bursley William R and Bursley William T
Bought by
Bursley William R and Bursley William T

Purchase Details

Closed on
Aug 16, 2007
Sold by
Bursley William Robert and Bursley Judith Rae
Bought by
Bursley William Robert and Bursley Judith Rae
Source: Public Records

Range of Values:

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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
Mathews Allen Lee $200,000 Main Street Escrow And Title
Bursley William R -- None Available
Bursley William R -- None Available
Bursley William Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Allen Lee $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $200,000 +21.2% $176 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $165,000 -- $145 / Sq Ft
Source: Greater Lansing 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
2025 $3,143 $124,800 $0 $0
2024 $1,138 $120,800 $0 $0
2023 $1,084 $105,000 $0 $0
2022 $2,770 $91,200 $0 $0
2021 $2,255 $85,500 $0 $0
2020 $2,226 $81,300 $0 $0
2019 $2,195 $78,000 $0 $0
2018 $2,146 $77,734 $0 $0
2017 $2,031 $74,351 $0 $0
2016 -- $71,022 $0 $0
2015 -- $71,192 $0 $0
2014 -- $67,916 $0 $0
2013 -- $69,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256109

Greater Lansing Association of Realtors®

APN: 160-005-100-032-00