NOT LISTED FOR SALE

7502 Elm Watervliet, MI 49098

Estimated Value: $109,000 - $145,000

2 Beds
1 Bath
868 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $17,000 $20 Per Sq Ft

Est. 636% increase in value since last sale

Current estimated payment $733/month

95 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 1-Story Property
  • Traditional Architecture

About This Home

As of February 2012

Pending 1/31/12. HUD Home 'SOLD AS IS' Lead Based Paint. Property is connected to a well. Any required well and septic repairs will be the buyers expence. Evidence of defective paint. Minimum Commission Applies: Listing Broker $1250, Selling Broker up to $1250.ABSOLUTELY NO WORK TO BE DONE ON HUD HOMES BEFORE CLOSING OR CONTRACT MAY BE CANCELED AND BUYERS RISK LOSING EARNEST MONEY. ATTACHED DOCUMENT MUST BE SIGNED BY SELLING AGENT AND PURCHASER AND INCLUDED WITH PURCHASE AGREEMENT. Earnest money check MUST be made out to HUD in the form of cashiers check or money order.

Last Agent to Sell the Property

Michael Stover

Coldwell Banker Anchor R.E. License #6501309833 Listed on: 10/28/2011

Last Buyer's Agent

Brian Brant

Sunrise Real Estate, Inc. License #6506045279

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,040 Sq Ft Lot
  • Lot Dimensions are 88x80

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 88x80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 868.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1379.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 868.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 868.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 20300.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 88x80
  • Lot Size Sq Ft: 7040.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1379.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2014
Sold by
Pater Parent Llc
Bought by
L & C Property Llc
Current Estimated Value
$125,052

Purchase Details

Closed on
Jan 1, 2014
Sold by
L & C Property Llc
Bought by
Pater Parent Llc

Purchase Details

Listed on
Oct 28, 2011
Closed on
Mar 28, 2012
Sold by
Pater Charles L and Pater Linda J
Bought by
L & C Property Llc
Seller's Agent
Michael Stover
Coldwell Banker Anchor R.E.
Buyer's Agent
Brian Brant
Sunrise Real Estate, Inc.
List Price
$29,000
Sold Price
$17,000
Premium/Discount to List
-$12,000
-41.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%

Purchase Details

Listed on
Oct 28, 2011
Closed on
Feb 17, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Pater Charles L and Pater Linda J
Seller's Agent
Michael Stover
Coldwell Banker Anchor R.E.
Buyer's Agent
Brian Brant
Sunrise Real Estate, Inc.
List Price
$29,000
Sold Price
$17,000
Premium/Discount to List
-$12,000
-41.38%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 24, 2011
Sold by
Roberts Christopher
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Apr 24, 2007
Sold by
Adams Caren Marie
Bought by
Roberts Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,742
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1992

Purchase Details

Closed on
Jan 27, 1988

Purchase Details

Closed on
Apr 11, 1985

Purchase Details

Closed on
Jun 19, 1979
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
L & C Property Llc -- None Available
Pater Parent Llc -- None Available
L & C Property Llc -- None Available
Pater Charles L $17,000 None Available
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $100,213 None Available
Roberts Christopher $74,900 None Available
-- $100 --
-- $22,200 --
-- $100 --
-- $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Christopher $73,742
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $17,000 -41.4% $20 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $29,000 -- $33 / Sq Ft
Source: Southwestern Michigan Association 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 $839 $32,700 $0 $0
2024 $645 $30,600 $0 $0
2023 $614 $22,400 $0 $0
2022 $593 $19,000 $0 $0
2021 $749 $18,300 $0 $0
2020 $739 $18,100 $0 $0
2019 $724 $16,200 $0 $0
2018 $708 $16,700 $0 $0
2017 $698 $17,000 $0 $0
2016 $683 $14,300 $0 $0
2015 $687 $14,300 $0 $0
2014 $542 $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Stover

    Coldwell Banker Anchor R.E.

  • B

    Buyer's Agent in 2012

    Brian Brant

    Sunrise Real Estate, Inc.

    (269) 876-7513

    1 in this area

    77 Total Sales

    Brian Brant
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11058313

Southwestern Michigan Association of REALTORS®

APN: 11-21-4550-0032-01-5

Michigan Berrien County Watervliet 49098

7502 Elm, Watervliet, MI

This home is located at 7502 Elm, Watervliet, MI 49098 since 28 October 2011 and is currently estimated at $125,052, approximately $144 per square foot. This property was built in 1955. 7502 Elm is a home located in Berrien County with nearby schools including South Elementary School, North Elementary School, and Watervliet Middle 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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