NOT LISTED FOR SALE

7465 Elm Ave Newaygo, MI 49337

Estimated Value: $311,275 - $434,000

2 Beds
1 Bath
1,659 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $40,000 $24 Per Sq Ft

Est. 813% increase in value since last sale

Current estimated payment $2,013/month

22 Days on Market

Highlights

  • Wooded Lot
  • Farmhouse Style Home
  • Forced Air Heating System
  • Pole Barn

About This Home

As of June 2015

Older farm house in need of a lot of work. Very nice 10 acre parcel with mixed woods. Property and house are in need of clean up. Cash only due to condition on home. Property is very nice just needs to be cleaned up! Includes a 24 x 42 pole barn. Price to sell in ''as is' condition.

Last Agent to Sell the Property

Daniel Wilde

Ridge Realty Inc License #6502101985 Listed on: 05/28/2015

Last Buyer's Agent

Daniel Wilde

Ridge Realty Inc License #6502101985 Listed on: 05/28/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 500 x 871
  • Wooded Lot

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • 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 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 36.11
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 500 x 871
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1659.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Farmhouse
  • Tax Info:Annual Property Tax: 1515.0
  • Tax Info:Zoning3: res
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Outbuildings:Pole Barn: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1659.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1659.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1100.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 59900.0
  • Lot Features: Wooded
  • Other Structures: Pole Barn
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Dimensions: 500 x 871
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1515.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Aug 11, 2015
Sold by
Smith James B
Bought by
Murrell Tracy and Murrell Jeff
Seller's Agent
Daniel Wilde
Ridge Realty Inc
Buyer's Agent
Daniel Wilde
Ridge Realty Inc
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Current Estimated Value
$365,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,069
Avg. Annual Appreciation
23.34%

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 26, 2015
Sold by
Choiceone Bank
Bought by
Smith James B
Seller's Agent
Daniel Wilde
Ridge Realty Inc
Buyer's Agent
Daniel Wilde
Ridge Realty Inc
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Purchase Details

Closed on
May 4, 2004
Sold by
Baumgartner Tamera R and Brown Tamera Rae
Bought by
Baumgartner Tamera R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murrell Tracy $30,000 None Available
Smith James B $40,000 Sun Title Agency
Baumgartner Tamera R -- Michigan Bankers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baumgartner Tamera R $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $40,000 -33.2% $24 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $59,900 -- $36 / 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 $1,272 $138,800 $0 $0
2024 $12 $121,400 $0 $0
2023 $1,184 $99,000 $0 $0
2022 $2,053 $88,300 $0 $0
2021 $1,998 $82,900 $0 $0
2020 $2,018 $79,600 $0 $0
2019 $2,024 $71,600 $0 $0
2018 $2,029 $65,000 $0 $0
2017 $2,007 $68,100 $0 $0
2016 $3,112 $63,600 $0 $0
2015 -- $63,300 $0 $0
2014 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Daniel Wilde

    Ridge Realty Inc

    (616) 293-9934

    43 Total Sales

    Daniel Wilde
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Map

Source: MichRIC

MLS Number: 15026877

MichRIC

APN: 20-20-200-005

Michigan Newaygo County Newaygo 49337

7465 Elm Ave, Newaygo, MI

Not Listed for Sale

Detached

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