NOT LISTED FOR SALE

73788 Franklin Ln Armada, MI 48005

Estimated Value: $272,000 - $294,000

4 Beds
2 Baths
1,515 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $80,000 $53 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,705/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Porch
  • Orville C. Krause Elementary School Rated A-
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of May 2012

HUD Home. Country living and close to the city, great 4 bedroom home with attached 2 car garage,built on a basement ,2 full baths,custom rear deck, open layout, plenty of kitchen cabinets,great neighborhood,great home, great price,great for the 1st time homebuyer, Bids due by 11:59 PM CST daily til sold!

Last Agent to Sell the Property

Hank Mendez

Real Estate One Inc-Shelby License #MISPE-6502355303 Listed on: 03/06/2012

Real Estate One Inc-Shelby

Last Buyer's Agent

Mark Farquhar

Coldwell Banker Professionals License #MISPE-6506041441

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 78x120
  • Fenced Yard
  • Sprinkler System

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,515 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Armada Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224331002

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2189
  • Total Tax Year: 2010
  • Year Built: 1984
  • Mail City: Armada
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceramic Floors, Sump Pump, Walk-In Closet
  • Basement: Yes
  • Basement: Full, Partially Finished
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 13 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 8
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 4: On Upper Floor, Dimensions: 11 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Breakfast Nook: On Entry Level, Dimensions: 9 x 11
  • Kitchen: On Entry Level, Dimensions: 9 x 11
  • Living Room: On Entry Level, Dimensions: 18 x 13
  • Above Grade Finished Sq Ft: 1515
  • Total Finished Sq Ft: 1515

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Lawn Sprinkler, Porch, Sidewalks, Street Lights
  • Foundation: Basement
  • Frontage: 78
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 0224331002
  • Zoning: Residential
  • Lot Dimensions: 78X120
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2010, Amount: $1,746.00
  • Winter Tax: Year: 2010, Amount: $443.00
  • Total Tax: Year: 2010, Amount: $2,189.00

MLS Schools

  • School District: Armada Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 24, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Winkel Colleen M and Pollack Julia
Seller's Agent
Hank Mendez
Real Estate One Inc-Shelby
Buyer's Agent
Mark Farquhar
Coldwell Banker Professionals
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$281,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,255
Avg. Annual Appreciation
9.94%
Original Mortgage
$64,640
Outstanding Balance
$45,826
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$235,429

Purchase Details

Closed on
Apr 11, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 1, 2010
Sold by
Hodapp Timothy A and Hodapp Laurie
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 28, 2002
Sold by
Kenneth C Major
Bought by
Hodapp Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
7.07%

Purchase Details

Closed on
Sep 26, 1994
Sold by
John W Herbert
Bought by
Major Kenneth C and Major Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
5.88%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Winkel Colleen M $80,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $171,527 None Available
Hodapp Timothy A $167,000 --
Major Kenneth C $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkel Colleen M $64,640
Previous Owner Hodapp Timothy $15,000
Previous Owner Gutierrez Jaime $136,000
Previous Owner Hodapp Timothy A $171,283
Previous Owner Hodapp Timothy A $165,690
Previous Owner Major Kenneth C $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $80,000 0.0% $53 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $80,000 -- $53 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,115 $115,500 $0 $0
2024 $1,303 $110,900 $0 $0
2023 $1,235 $98,000 $0 $0
2022 $1,870 $92,700 $0 $0
2021 $1,818 $89,400 $0 $0
2020 $1,970 $84,300 $0 $0
2019 $1,669 $78,600 $0 $0
2018 $2,482 $73,000 $0 $0
2017 $3,205 $67,300 $9,000 $58,300
2016 $2,168 $67,300 $0 $0
2015 -- $54,500 $0 $0
2011 -- $51,953 $10,000 $41,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31093482

Michigan Multiple Listing Service

APN: 25-02-24-331-002