NOT LISTED FOR SALE

7547 N Keating Dr Walkerville, MI 49459

Estimated Value: $176,000 - $194,000

3 Beds
1 Bath
1,600 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $69,900 $44 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,116/month

84 Days on Market

Highlights

  • Private Waterfront
  • Chalet
  • Recreation Room
  • Property is near a lake
  • Deck
  • Den

About This Home

As of October 2016

Large Year Round 3 Bedroom 1 Bath home with 75’ feet of frontage on School Section Lake. Home features a large open living room on the lakeside with a wrap deck and fireplace. Main floor bedroom and a huge 4 car attached garage. Nice mud room/entryway for extra storage. Walkout basement on the lakeside. So much storage on this large parcel of land with a dock located on the bayou of School Section Lake. Lots of yard space between the lake and home for summer time living at the waters edge.
Home has so much to offer!

Last Agent to Sell the Property

Nicole Estes

Big River Properties Brokerage Email: NancyRandall@BigRiverVentures.com License #6501311074 Listed on: 04/25/2016

Last Buyer's Agent

John Morgan

Morgan Property Services, Inc. License #6502123300

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Private Waterfront
  • 75 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road

Parking

  • 4 Car Attached Garage

Home Design

  • Chalet
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Partial Basement
  • Oven

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Property is near a lake
  • Deck

Utilities

  • Central Air
  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System
  • Phone Available

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Chalet
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Attribution Contact: NancyRandall@BigRiverVentures.com
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 49.94
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x322x407x?
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1600.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Waterfront Options:Water Access YN: No
  • Heat Source:Propane: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Waterfront Options:Water Frontage3: 75.0
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Hot Water: Yes
  • General Property Info:SqFt Above Grade: 1600.0
  • General Property Info Garage YN: Yes
  • Architectural Style Chalet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1600.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 79900.0
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: School Section Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 60.0
  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 75x322x407x?
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Oct 12, 2016
Sold by
Estate Of Richard L Bradley and Bradley Daniel
Bought by
Morgan Joshua P and Morgan Bethany M
Seller's Agent
Nicole Estes
Big River Properties
Buyer's Agent
John Morgan
Morgan Property Services, Inc.
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%
Current Estimated Value
$183,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,473
Avg. Annual Appreciation
11.26%
Original Mortgage
$39,900
Outstanding Balance
$19,001
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$168,384

Purchase Details

Closed on
Apr 30, 2013
Sold by
Bradley Richard L
Bought by
Bradley Richard L

Purchase Details

Closed on
Jul 10, 2007
Sold by
Bradley Richard L
Bought by
Bradley Richard L

Purchase Details

Closed on
Jul 21, 1997
Sold by
Fahl and Bradley
Bought by
Fahl and Bradley

Purchase Details

Closed on
Apr 22, 1997
Sold by
Fahl and Bradley
Bought by
Fahl and Bradley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Morgan Joshua P $69,900 Lake County Title & Escrow
Bradley Richard L -- None Available
Bradley Richard L -- None Available
Fahl $88,000 --
Fahl $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Joshua P $39,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $69,900 -12.5% $44 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $79,900 -- $50 / 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 $1,899 $75,500 $75,500 $0
2024 $1,807 $66,800 $66,800 $0
2023 $1,779 $62,600 $62,600 $0
2022 $1,779 $54,100 $0 $0
2021 $1,320 $50,100 $50,100 $0
2020 $411 $34,700 $34,700 $0
2019 $1,817 $37,800 $0 $0
2018 $1,915 $38,300 $0 $0
2017 $1,915 $56,300 $0 $0
2016 -- $58,000 $0 $0
2013 -- $49,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16018430

MichRIC

APN: 004-016-400-16