NOT LISTED FOR SALE

7501 Paradise Trail Carp Lake, MI 49718

Estimated Value: $204,594 - $246,000

3 Beds
1 Bath
1,300 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $51,000 $39 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $1,313/month

95 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Pellston Elementary School Rated 9+
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of February 2014

Nice clean 3 bedroom 1 bath home with a seasonal view of Carp Lake. Nice big oversized 2 car garage with lots of room for storage for your toys. Home is ready to move into and would make a great summer time home or year round residence. Please refer to www.hudhomestore.com for rules and regulations for bidding information

Last Listed By

Matt Sura

WaterWonderland Board Listed on: 10/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 220

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Thermal Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 03-06-11-400-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1980
  • Measurement Source: Appraiser
  • Section: 11
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Features: Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1300
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1300
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Pellston

Lot Info

  • Estimated Lot Dimensions: 100 x 220
  • Estimated Number of Acres: 0.5
  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 03-06-11-400-042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Feb 19, 2014
Bought by
Pallagi Lisa A
Seller's Agent
Matt Sura
WaterWonderland Board
Buyer's Agent
Karen Petrimoulx
Coldwell Banker Fairbairn Realty
List Price
$70,000
Sold Price
$51,000
Premium/Discount to List
-$19,000
-27.14%
Total Days on Market
95
Current Estimated Value
$223,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,899
Avg. Annual Appreciation
13.97%
Original Mortgage
$48,450
Outstanding Balance
$16,477
Interest Rate
4.39%
Mortgage Type
Stand Alone First
Estimated Equity
$204,328

Purchase Details

Closed on
Jun 11, 2013
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Dec 6, 2012
Sold by
Watts Tl
Bought by
Midfirst Bank

Purchase Details

Closed on
May 21, 2008
Sold by
Burfield Terri L
Bought by
Mcmichael Clyde E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,370
Interest Rate
6.01%

Purchase Details

Closed on
Aug 15, 2002
Sold by
Rose Leroy and Rose Debra
Bought by
Mcmichael Clyde E and Burfield Terri

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
Pallagi Lisa A $51,000 --
The Secretary Of Housing And Urban Devel -- --
Midfirst Bank $162,872 --
Mcmichael Clyde E -- --
Mcmichael Clyde E $58,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallagi Lisa A $48,450
Previous Owner Mcmichael Clyde E $160,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $51,000 -27.1% $39 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $70,000 -- $54 / Sq Ft
Source: Northern Michigan MLS

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
2024 $863 $63,500 $0 $63,500
2023 $862 $54,600 $0 $54,600
2022 $862 $47,500 $0 $47,500
2021 $906 $50,400 $0 $50,400
2020 $884 $45,600 $0 $45,600
2019 -- $40,100 $500 $39,600
2018 -- $35,500 $500 $35,000
2017 -- $28,400 $500 $27,900
2016 -- $28,800 $500 $28,300
2015 -- $26,300 $0 $0
2014 -- $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 438613

Northern Michigan MLS

APN: 03-06-11-400-042