NOT LISTED FOR SALE

725 River St Spring Lake, MI 49456

Estimated Value: $231,000 - $309,000

3 Beds
2 Baths
1,533 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $82,000 $53 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,667/month

114 Days on Market

Highlights

  • 0.27 Acre Lot
  • Detached Garage
  • Wood Siding
  • Spring Lake High School Rated A-
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2012

This is a Fannie Mae Homepath property. New roof on home and garage, Living room has hardwood floors, fresh paint and new carpet throughout including the large, spacious family room in the lower level, nice wooded backyard, detached 2 stall garage, only blocks from schools & shopping. Purchase this property for as little as 3% down! This property is eligible for HomePath/HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Bernie Tassin

Nexes Lumbertown Listed on: 04/02/2012

Last Buyer's Agent

Mary Teitsma

Coldwell Banker Woodland Schmidt Grand Haven License #6502345179

Coldwell Banker Woodland Schmidt Grand Haven

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65x183

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 76.18
  • General Property Info:Lot Dimensions: 65x183
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1533.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2500.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1083.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1533.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 450.0
  • Basement Rooms:Total Basement SQFT: 896.0
  • Below Grade Sq Ft: 450.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 82500.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features:Detached2: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 65x183
  • Lot Size Sq Ft: 11892.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Sheneman Larry
Bought by
Sheneman Larry and Sheneman Donna
Current Estimated Value
$263,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Outstanding Balance
$106,785
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$162,143

Purchase Details

Listed on
Apr 2, 2012
Closed on
Aug 17, 2012
Sold by
Fannie Mae
Bought by
Harper Susan
Seller's Agent
Bernie Tassin
Nexes Lumbertown
Buyer's Agent
Mary Teitsma
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Apr 2, 2012
Closed on
Aug 15, 2012
Sold by
Harper Susan
Bought by
Bytwerk Richard and Ohio Donna
Seller's Agent
Bernie Tassin
Nexes Lumbertown
Buyer's Agent
Mary Teitsma
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%

Purchase Details

Closed on
Feb 28, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 19, 2012
Sold by
Zaverl Mitchel and Junge Nichole
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 28, 2006
Sold by
Bodbyl Mast Aaron and Bodbyl Mast Amy
Bought by
Zaverl Mitchel and Junge Nichole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
8.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 20, 2003
Sold by
Brackett Patrick M and Brackett Barbara D
Bought by
Mitchell David and Mitchell Sueann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Sheneman Larry -- None Listed On Document
Sheneman Larry $147,000 --
Harper Susan $82,000 Attorneys Title Agency Llc
Bytwerk Richard -- None Available
Fannie Mae -- None Available
Bank Of America Na $144,903 None Available
Zaverl Mitchel $124,000 Chicago Title
Mitchell David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheneman Larry $110,250
Previous Owner Zaverl Mitchel $99,200
Previous Owner Zaverl Mitchel $24,800
Previous Owner Mitchell David $140,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2012 08/21/12 Sold $82,000 -17.9% $53 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $99,900 -- $65 / Sq Ft
Source: MichRIC

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 $3,571 $105,300 $0 $0
2024 $36 $105,800 $0 $0
2023 $1,760 $95,800 $0 $0
2022 $2,003 $71,200 $0 $0
2021 $1,935 $65,100 $0 $0
2020 $1,934 $58,800 $0 $0
2019 $1,909 $53,700 $0 $0
2018 $1,814 $50,500 $16,300 $34,200
2017 $1,299 $51,400 $0 $0
2016 $1,291 $47,300 $0 $0
2015 -- $45,100 $0 $0
2014 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12017405

MichRIC

APN: 70-03-14-375-079