NOT LISTED FOR SALE

725 S Patterson Rd Midland, MI 48640

Estimated Value: $132,000 - $192,000

2 Beds
1 Bath
1,500 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $70,000 $47 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $992/month

26 Days on Market

Highlights

  • 1.5 Acre Lot
  • Ranch Style House
  • Forced Air Heating System
  • Deck
  • Shed
  • Wood Siding

About This Home

As of January 2021

HUGE UPSIDE POTENTIAL! If you are looking for a big house with a small price this is it! The home is move in ready but with some elbow grease you can update this into something special. Featuring two bedrooms and 1.5 baths, city water, natural gas and a huge 1.5 acre parcel! New roof was just installed and water assessment is all paid for, so don't miss your chance on this one.

Last Agent to Sell the Property

Mathew Killinger

Ayre Rhinehart Real Estate Partners License #MBR-6501268241 Listed on: 11/04/2020

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Judi Hughes

Modern Realty License #MBR-6501379288

Modern Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 198x330

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 120-029-200-148-00

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1813
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 8, On Level: First
  • Family Room: On 1st Floor, Dimensions: 19 x 18
  • Kitchen: On 1st Floor, Dimensions: 11 x 10
  • Living Room: On 1st Floor, Dimensions: 26 x 11
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1500
  • Total Finished Sq Ft: 1500

Exterior Features

  • Exterior: Wood, Cinder Block
  • Exterior Features: Deck
  • Foundation: Crawl
  • Sideof Street: E
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 120-029-200-148-00
  • Lot Dimensions: 198x330
  • Acreage: 1.5
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $373.00
  • Winter Tax: Year: 2019, Amount: $1,440.00
  • Total Tax: Amount: $1,813.00

MLS Schools

  • School District: Bullock Creek School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 4, 2021
Sold by
Bejcek Laura and Mclaughlin Laura
Bought by
Kohlhoff Heidi Sue
Seller's Agent
Mathew Killinger
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Judi Hughes
Modern Realty
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$165,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,512
Avg. Annual Appreciation
18.54%
Original Mortgage
$5,672
Outstanding Balance
$5,034
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$160,478

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 15, 2016
Sold by
Boyle Leo and Boyle Leo J
Bought by
Mclaughlin Laura
Seller's Agent
Shannon Killinger
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Mathew Killinger
Ayre Rhinehart Real Estate Partners
List Price
$45,000
Sold Price
$42,500
Premium/Discount to List
-$2,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kohlhoff Heidi Sue $70,000 None Available
Mclaughlin Laura $4,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohlhoff Heidi Sue $5,672
Open Kohlhoff Heidi Sue $68,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $70,000 -6.7% $47 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $75,000 0.0% $50 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $75,000 +76.5% $50 / Sq Ft
07/15/2016 07/15/16 Sold $42,500 -5.6% $28 / Sq Ft View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $45,000 -- $30 / Sq Ft
Source: Midland Board of REALTORS®

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 $1,589 $55,900 $0 $0
2024 $506 $53,700 $0 $0
2023 $482 $45,200 $0 $0
2022 $1,382 $42,100 $0 $0
2021 $1,202 $36,300 $0 $0
2020 $1,825 $34,300 $0 $0
2019 $1,840 $36,900 $0 $0
2018 $1,851 $36,900 $36,900 $0
2017 $0 $39,100 $39,100 $0
2016 $1,104 $38,700 $38,700 $0
2014 -- $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mathew Killinger

    Seller's Agent in 2021

    Mathew Killinger

    Ayre Rhinehart Realtors

    (989) 205-7546

    38 in this area

    67 Total Sales

    Mathew Killinger
    Section Image
  • Judi Hughes

    Buyer's Agent in 2021

    Judi Hughes

    Modern Realty

    (989) 701-5511

    88 in this area

    177 Total Sales

    Judi Hughes
    Section Image
  • Shannon Killinger

    Seller's Agent in 2016

    Shannon Killinger

    Ayre Rhinehart Realtors

    (989) 631-9496

    69 in this area

    110 Total Sales

    Shannon Killinger
    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50028233

Midland Board of REALTORS®

APN: 120-029-200-148-00

Michigan Midland County Midland 48640

725 S Patterson Rd, Midland, MI

Not Listed for Sale

Detached

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