NOT LISTED FOR SALE

743 N Homer Rd Midland, MI 48640

Estimated Value: $119,000 - $149,000

2 Beds
1 Bath
1,100 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $96,000 $87 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $804/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Jefferson Middle School Rated A

About This Home

As of October 2023

If you're looking for some country living and wish to earn some great equity by doing some projects - this is an excellent opportunity. Spacious living room and kitchen with two main floor bedrooms. There is an upstairs that is partially finished, not currently considered in square footage but could become 3rd bedroom. Great yard, detached garage make for ample space for hobbies or family fun.

Last Agent to Sell the Property

Monique Gilbert

Keller Williams Preferred License #MBR-6506048015 Listed on: 08/18/2023

Keller Williams Preferred

Last Buyer's Agent

Michelle Hill

Ayre Rhinehart Real Estate Partners License #MBR-6501332498

Ayre Rhinehart Real Estate Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x214

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 040-010-400-000-00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1400
  • Total Tax Year: 2020
  • Year Built: 1940
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Below Grade Sq Ft: 900
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 200

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 040-010-400-000-00
  • Lot Dimensions: 200x214
  • Acreage: 1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $335.00
  • Winter Tax: Year: 2020, Amount: $1,088.00
  • Total Tax: Year: 2020, Amount: $1,400.00

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 4, 2023
Sold by
Bergeron Patrick J
Bought by
Oldenburg Jayden
Seller's Agent
Monique Gilbert
Keller Williams Preferred
Buyer's Agent
Michelle Hill
Ayre Rhinehart Real Estate Partners
List Price
$80,000
Sold Price
$96,000
Premium/Discount to List
$16,000
20%
Current Estimated Value
$128,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,149
Avg. Annual Appreciation
14.17%
Original Mortgage
$94,261
Outstanding Balance
$92,446
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$35,703

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 2, 2023
Sold by
Bergeron Patrick J
Bought by
Oldenburg Jayden
Seller's Agent
Monique Gilbert
Keller Williams Preferred
Buyer's Agent
Michelle Hill
Ayre Rhinehart Real Estate Partners
List Price
$80,000
Sold Price
$96,000
Premium/Discount to List
$16,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,261
Outstanding Balance
$92,446
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$35,703

Purchase Details

Listed on
Aug 18, 2023
Closed on
Aug 8, 2023
Sold by
Sheriff Of Midland County
Bought by
Dow Chemical Employees Credit Union and Campbell
Seller's Agent
Monique Gilbert
Keller Williams Preferred
Buyer's Agent
Michelle Hill
Ayre Rhinehart Real Estate Partners
List Price
$80,000
Sold Price
$96,000
Premium/Discount to List
$16,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,261
Outstanding Balance
$92,446
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$35,703

Purchase Details

Closed on
Oct 12, 2021
Sold by
Campbell Ruth E
Bought by
Campbell Ruth E and Dauer Rute E

Purchase Details

Closed on
Mar 7, 2016
Sold by
Paisley Bruce D and Paisley Patricia A
Bought by
Campbell Ruth E

Purchase Details

Closed on
Jun 8, 2012
Sold by
Freeland State Bank
Bought by
Paisley Bruce D and Paisley Patricia A

Purchase Details

Closed on
Dec 1, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oldenburg Jayden $96,000 Saginaw Bay Area Title
Oldenburg Jayden $96,000 Saginaw Bay Area Title
Dow Chemical Employees Credit Union $43,288 None Listed On Document
Campbell Ruth E -- None Available
Campbell Ruth E -- None Listed On Document
Campbell Ruth E $6,500,000 None Available
Paisley Bruce D $34,000 --
-- $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldenburg Jayden $94,261
Closed Oldenburg Jayden $94,261
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $96,000 +20.0% $87 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $80,000 -- $73 / 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
2025 $1,556 $57,600 $0 $0
2024 $521 $47,800 $0 $0
2023 $364 $38,100 $0 $0
2022 $1,390 $34,700 $0 $0
2021 $1,356 $30,800 $0 $0
2020 $1,440 $32,900 $0 $0
2019 $1,427 $31,600 $5,900 $25,700
2018 $1,413 $31,100 $6,800 $24,300
2017 $0 $30,900 $6,400 $24,500
2016 $1,293 $30,800 $6,400 $24,400
2014 -- $30,400 $5,900 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50119279

Midland Board of REALTORS®

APN: 040-010-400-000-00