$42,500
SOLD JUL 15, 2016

725 S Patterson Rd Midland, MI 48640

2 Beds
1 Bath
1,512 Sq Ft
1.5 Acres

Recently Sold

$28 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

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

About This Home

As of January 2021

ENDLESS POSSIBILITIES!! This home needs your touch but has unlimited potential. Beautiful 1.5 acres lot with mature trees. The main furnace was installed in 2005. The family room was originally a garage. City water. Current owner has lived here since 1950's!! Bullock Creek Schools.

Last Agent to Sell the Property

Shannon Killinger

Ayre Rhinehart Real Estate Partners License #MBR-6501187675 Listed on: 05/13/2016

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Mathew Killinger

Ayre Rhinehart Real Estate Partners License #MBR-6501268241

Ayre Rhinehart Real Estate Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 198x330

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,512 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
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

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
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11 x 9
  • Bedroom 2: Dimensions: 11 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room Types: First Floor Laundry, First Floor Mstr Bedroom, Master Bedroom
  • Kitchen: Dimensions: 11 x 10
  • Laundry: Dimensions: 11 x 9
  • Living Room: Dimensions: 11 x 26
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1512

Exterior Features

  • Exterior: Wood, Cinder Block
  • Exterior Features: Deck
  • Foundation: Crawl, Slab
  • Out Buildings: Shed

Utilities

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

Lot Info

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

Tax Info

  • Summer Tax: Amount: $378.00
  • Winter Tax: Amount: $722.00
  • Total Tax: Amount: $1,100.00

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%
Total Days on Market
13
Current Estimated Value
$147,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,143
Avg. Annual Appreciation
18.31%
Original Mortgage
$5,672
Outstanding Balance
$5,150
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$142,269

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:

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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 Type Sale Price Title Company
Warranty Deed $70,000 None Available
Warranty Deed $4,250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,672 New Conventional
Open $68,732 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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
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

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Map

Source: Midland Board of REALTORS®

MLS Number: 160979

Midland Board of REALTORS®

APN: 120-029-200-148-00