NOT LISTED FOR SALE

734 Elm St Colon, MI 49040

Estimated Value: $113,823 - $183,000

3 Beds
1 Bath
1,048 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $11,200 $11 Per Sq Ft

Est. 1,150% increase in value since last sale

Current estimated payment $839/month

52 Days on Market

Highlights

  • Living Room
  • Shed
  • Forced Air Heating System
  • Bungalow

About This Home

As of January 2015

Small 3 bedroom, 1 bath fixer upper in Colon. Being sold as-is. Seller will not pay for or provide any inspections, reports or repairs. This property is eligible under the Freddie Mac First Look Initiative through 11/19/14. Earnest money must be a Cashiers check made payable to Attorneys Title and all offers must include a Proof of funds. Possession of this property will Not be given until all funds and documents have been received. Tax amounts may change following a closed transaction.

Last Agent to Sell the Property

Jim Drews

Century 21 Drews Realty License #6502138704 Listed on: 10/31/2014

Century 21 Drews Realty

Co-Listed By

Valerie Proctor

Century 21 Drews Realty License #6506040942

Last Buyer's Agent

William Coats

Berkshire Hathaway HomeServices Michigan Real Estate License #6506040497

Berkshire Hathaway HomeServices Michigan Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating 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 1903

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1903
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1048.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 715.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1048.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1048.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 576.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 13500.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 715.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 6, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thornton Carl
Seller's Agent
Jim Drews
Century 21 Drews Realty
Buyer's Agent
William Coats
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$16,000
Sold Price
$11,200
Premium/Discount to List
-$4,800
-30%
Current Estimated Value
$139,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,756
Avg. Annual Appreciation
26.45%

Purchase Details

Closed on
Sep 11, 2014
Sold by
George Shannon A and Agar Paula S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 10, 1998

Purchase Details

Closed on
Sep 24, 1997

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

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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
Thornton Carl $11,200 None Available
Federal Home Loan Mortgage Corporation $24,000 None Available
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2015 01/09/15 Sold $11,200 -30.0% $11 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $16,000 -- $15 / Sq Ft
Source: Southwestern Michigan 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 $1,167 $43,700 $4,400 $39,300
2024 $622 $40,500 $3,900 $36,600
2023 $1,116 $37,400 $3,900 $33,500
2022 $0 $28,500 $3,400 $25,100
2021 $797 $26,700 $3,400 $23,300
2020 $297 $28,000 $2,900 $25,100
2019 $228 $23,300 $2,900 $20,400
2018 $1,193 $21,000 $2,900 $18,100
2017 $1,204 $21,600 $21,600 $0
2016 -- $21,000 $21,000 $0
2015 -- $20,200 $0 $0
2014 -- $20,700 $20,700 $0
2012 -- $16,600 $16,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14060627

Southwestern Michigan Association of REALTORS®

APN: 041-110-010-00