NOT LISTED FOR SALE

74315 Fair St Armada, MI 48005

Estimated Value: $202,000 - $254,000

5 Beds
2 Baths
1,486 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $56,100 $38 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,413/month

190 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1 Car Detached Garage
  • Orville C. Krause Elementary School Rated A-
  • Covered Patio or Porch
  • Shed

About This Home

As of January 2017

HUD HOME. Large spacious colonial sitting on a 0.19 acre lot. Home features a 1 car detached garage and an additional shed. Home has five bedrooms, large living room and two full baths. All bids are due by daily until sold. For more information please visit the HUDHomestore website or SageAcq website.

Last Agent to Sell the Property

Jason Megie

Preferred Realty Pros License #6501315913 Listed on: 06/16/2016

Last Buyer's Agent

Jason Megie

Preferred Realty Pros License #6501315913 Listed on: 06/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 80x100

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hiram Barrow 2Nd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224154007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1486
  • Total Sq Ft: 1486

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Armada

Lot Info

  • Homestead: Yes
  • List Price per Acre: 422052.6316
  • Lot Size Area: 0.19
  • Lot Dimensions: 80x100
  • Parcel Number: 0224154007

Tax Info

  • Tax Amount Summer: 990.0000
  • Tax Amount Winter: 316.0000
  • Total Tax: 1306.0000

MLS Schools

  • School District: Armada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jan 17, 2017
Sold by
Secretary Of Hud
Bought by
Madill Veronica
Seller's Agent
Jason Megie
Preferred Realty Pros
Buyer's Agent
Jason Megie
Preferred Realty Pros
List Price
$99,000
Sold Price
$56,100
Premium/Discount to List
-$42,900
-43.33%
Current Estimated Value
$230,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,503
Avg. Annual Appreciation
18.35%

Purchase Details

Closed on
Jul 27, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 12, 2015
Sold by
Sova Heather E
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 12, 2008
Sold by
Schluentz Lorraine J and Raines Joseph A
Bought by
Sova Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,594
Interest Rate
6.19%
Mortgage Type
FHA
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
Madill Veronica $56,100 None Available
Secretary Of Housing & Urban Development -- None Available
Nationstar Mortgage Llc $76,604 Attorney
Sova Heather $75,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sova Heather E $74,594
Previous Owner Raines Jonah W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $56,100 -30.0% $38 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
12/08/2016 12/08/16 Price Changed $80,190 -19.0% $54 / Sq Ft
11/19/2016 11/19/16 For Sale $99,000 0.0% $67 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $99,000 0.0% $67 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $99,000 -10.0% $67 / Sq Ft
06/16/2016 06/16/16 For Sale $110,000 -- $74 / Sq Ft
Source: Realcomp

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 $1,913 $79,300 $0 $0
2024 $1,179 $76,200 $0 $0
2023 $1,117 $68,600 $0 $0
2022 $1,691 $62,800 $0 $0
2021 $1,645 $60,700 $0 $0
2020 $1,782 $57,800 $0 $0
2019 $1,510 $51,900 $0 $0
2018 $2,245 $48,000 $0 $0
2017 $2,631 $41,900 $7,200 $34,700
2016 $1,854 $41,900 $0 $0
2015 -- $35,400 $0 $0
2011 -- $37,201 $8,055 $29,146
Source: Public Records

Agents Affiliated with this Home

  • Jason Megie

    Seller's Agent in 2017

    Jason Megie

    Preferred Realty Pros

    (586) 484-8398

    154 Total Sales

    Jason Megie
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Map

Source: Realcomp

MLS Number: 216062158

Realcomp

APN: 25-02-24-154-007

Michigan Macomb County Armada 48005

74315 Fair St, Armada, MI

This home is located at 74315 Fair St, Armada, MI 48005 since 16 June 2016 and is currently estimated at $230,603, approximately $155 per square foot. This property was built in 1940. 74315 Fair St is a home located in Macomb County with nearby schools including Orville C. Krause Elementary School, Armada Middle School, and Armada High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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