NOT LISTED FOR SALE

738 M-40 Hwy Allegan, MI 49010

Estimated Value: $98,000 - $212,777

3 Beds
1 Bath
2,175 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $37,000 $17 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $847/month

20 Days on Market

Highlights

  • Recreation Room
  • 3 Car Detached Garage
  • Laundry Room
  • Den
  • Living Room
  • Dining Room

About This Home

As of September 2018

3 bed, 1 bath home located in Allegan, MI. This spacious two story home sits on 5 acres of land. Offering a large detached three car
garage, that can be used for storage or even a work shop. The home is in need of many updates and repairs before move in ready, once updates
have been completed this will make a great home.

Last Agent to Sell the Property

Ryan Gehris

USREALTY.COM LLP Listed on: 08/08/2018

Last Buyer's Agent

Christopher Prentice

Five Star Real Estate (Holland) License #6501393379

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1833

Lot Details

  • 4.6 Acre Lot
  • Lot Dimensions are 457x548

Parking

  • 3 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • No Heating
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1833

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1833
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 457X548
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2175.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1088.0
  • Tax Info:Zoning3: RES
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2175.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 2175.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 39900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 4.6
  • Lot Size Area: 4.6
  • Lot Dimensions: 457X548
  • Lot Size Sq Ft: 200376.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1088.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Cates Douglas
Bought by
Flanner Glen
Current Estimated Value
$135,444

Purchase Details

Closed on
Nov 7, 2024
Sold by
Cates Jessie and Cates Amanda
Bought by
Cates Douglas and Cates Amanda K

Purchase Details

Closed on
Feb 24, 2023
Sold by
Cates Richard
Bought by
Cates Jessie D and Cates Amanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 18, 2018
Sold by
Cr 2018 Llc
Bought by
Cates David
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Christopher Prentice
Five Star Real Estate (Holland)
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.96%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Hitchcock Andrew L and Hitchcock Kathy J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 3, 2005
Sold by
Forster Donald T and Forster Carolyn K
Bought by
Hitchcock Andrew L and Hitchcock Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2004
Sold by
Donald Donald T and Donald Carolyn T
Bought by
Hitchcock Andrew L and Hitchcock Kathy J
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
Flanner Glen -- None Listed On Document
Cates Douglas -- None Listed On Document
Cates Jessie D $175,000 Ata National Title Group
Cates David $37,000 Owners Title Agency
Deutsche Bank National Trust Company $103,717 None Available
Hitchcock Andrew L $67,000 --
Hitchcock Andrew L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cates Jessie D $73,200
Previous Owner Hitchcock Andrew L $75,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2018 09/13/18 Sold $37,000 -7.3% $17 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $39,900 -- $18 / Sq Ft
Source: MichRIC

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 $4,657 $39,200 $33,200 $6,000
2024 $1,341 $92,500 $24,100 $68,400
2023 $1,341 $35,100 $22,900 $12,200
2022 $1,341 $30,600 $19,300 $11,300
2021 $1,285 $28,200 $18,200 $10,000
2020 $1,285 $28,400 $18,900 $9,500
2019 $0 $24,600 $16,400 $8,200
2018 $0 $46,000 $17,300 $28,700
2017 $0 $43,500 $15,100 $28,400
2016 $0 $40,300 $13,900 $26,400
2015 -- $40,300 $13,900 $26,400
2014 -- $36,800 $13,300 $23,500
2013 -- $34,700 $12,100 $22,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Gehris

    USREALTY.COM LLP

  • C

    Buyer's Agent in 2018

    Christopher Prentice

    Five Star Real Estate (Holland)

    (616) 844-8658

    29 Total Sales

    Christopher Prentice
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Map

Source: MichRIC

MLS Number: 18038476

MichRIC

APN: 21-017-019-30

Michigan Allegan County Allegan 49010

738 M-40 Hwy, Allegan, MI

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