NOT LISTED FOR SALE

7490 S Reed Rd Durand, MI 48429

Estimated Value: $311,000 - $345,000

4 Beds
3 Baths
2,150 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $193,000 $90 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,031/month

2 Days on Market

Highlights

  • Wooded Lot
  • Ground Level Unit
  • Covered Patio or Porch
  • 2-Story Property
  • No HOA
  • Tankless Water Heater

About This Home

As of July 2020

The home is located on a quiet wooded lot with lots of wildlife. The living room is super spacious which makes it perfect for hosting family gatherings or to have friends over. Along with the family room the master bedroom is located on the opposite side of the house from the other three bedrooms. The basement is partially finished with a full bath and a fireplace with a walk-up staircase. The multiple bedrooms, numerous entertainment rooms, and a large yard make this a perfect family home.

Last Agent to Sell the Property

Edward Constable

Tremaine Real Estate License #6501377324 Listed on: 06/19/2020

Last Buyer's Agent

Dane Seltzer

License #125577

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 313 x 223 x 313 x 221
  • Wooded Lot

Home Design

  • 2-Story Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,150 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement
  • Fireplace in Basement

Kitchen

  • Built-In Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0122920000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Assessment: 195
  • Year Built: 9999
  • State Equalized Value: 88400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (rented)
  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Built-In Electric Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 2150

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Tankless
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 115625.0000
  • Lot Features: Wooded
  • Lot Size Area: 1.60
  • Lot Dimensions: 313 x 223 x 313 x 221
  • Parcel Number: 0122920000400

Tax Info

  • Tax Amount Summer: 828.0000
  • Tax Amount Winter: 1430.0000
  • Total Tax: 2258.0000
  • Taxable Value: 71056.0000

MLS Schools

  • School District: Durand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 31, 2020
Sold by
Maranzano William J
Bought by
Mclavy Kristin
Seller's Agent
Edward Constable
Tremaine Real Estate
Buyer's Agent
Dane Seltzer
List Price
$180,000
Sold Price
$193,000
Premium/Discount to List
$13,000
7.22%
Current Estimated Value
$326,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,490
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Jan 22, 2018
Sold by
Christopher Lavelle
Bought by
Maranzano Phillip and Maranzano Candance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.04%

Purchase Details

Listed on
May 23, 2011
Closed on
Jan 11, 2012
Sold by
Sawyer Shannon and Cooney Shannon
Bought by
Maranzano William J
Seller's Agent
Jennifer Nemitz
ERA Prime Real Estate Group
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$124,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2011
Sold by
Cooney Shannon
Bought by
Fannie Mae

Purchase Details

Closed on
May 19, 2003
Sold by
Runco Eugene and Runco Jennifer
Bought by
Johnson Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.95%
Mortgage Type
Unknown
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
Mclavy Kristin $193,000 Liberty Title
Maranzano Phillip $130,000 --
Maranzano William J $120,000 --
Fannie Mae $107,920 --
Johnson Jeffrey $190,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maranzano Phillip $123,500
Previous Owner Maranzano Phillip --
Previous Owner Maranzano William J $124,000
Previous Owner Johnson Jeffrey $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $193,000 +4.3% $90 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $185,000 +2.8% $86 / Sq Ft
06/19/2020 06/19/20 For Sale $180,000 +50.0% $84 / Sq Ft
01/11/2012 01/11/12 Sold $120,000 -11.0% $53 / Sq Ft View Prior Sale
01/06/2012 01/06/12 Pending -- -- --
05/23/2011 05/23/11 For Sale $134,900 -- $60 / 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 $3,829 $137,600 $0 $0
2024 $3,733 $126,800 $0 $0
2023 $1,246 $114,600 $0 $0
2022 $1,187 $105,400 $0 $0
2021 $3,258 $99,600 $0 $0
2020 $2,406 $92,800 $0 $0
2019 $2,259 $76,600 $0 $0
2018 $2,208 $75,000 $0 $0
2017 $2,087 $69,100 $0 $0
2016 $195 $69,100 $0 $0
2015 $195 $69,800 $0 $0
2014 $8 $66,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Constable

    Seller's Agent in 2020

    Edward Constable

    Tremaine Real Estate

    (810) 938-3339

    309 Total Sales

    Edward Constable
    Section Image

  • D

    Buyer's Agent in 2020

    Dane Seltzer

    (810) 814-1158

    87 Total Sales

    Dane Seltzer
    Section Image
  • Jennifer Nemitz

    Seller's Agent in 2012

    Jennifer Nemitz

    ERA Prime Real Estate Group

    (248) 778-6275

    48 Total Sales

    Jennifer Nemitz
    Section Image

  • M

    Buyer's Agent in 2012

    Mirs Staff

    MI_MiRealSource

See All Agents

Map

Source: Realcomp

MLS Number: 2200045386

Realcomp

APN: 012-29-200-004

Michigan Shiawassee County Durand 48429

7490 S Reed Rd, Durand, MI

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

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