NOT LISTED FOR SALE

7781 Island Reading, MI 49274

Estimated Value: $271,000 - $318,000

3 Beds
1 Bath
1,910 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2015

Last sale price $50,000 $26 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $1,722 / mo

85 Days on Market

Highlights

  • 146 Feet of Waterfront
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Deck
  • Baseboard Heating
  • Wood Burning Fireplace

About This Home

As of May 2015

1 STORY LAKE FRONT HOME ON RIBECK LAKE. HOME FEATURES A FULL WALKOUT BASEMENT WITH PATIO AREA. 3 BEDROOMS, 1020 SQFT OF LIVING SPACE AND A FIREPLACE.

Last Agent to Sell the Property

Mark Goedert

Goedert Real Estate License #6502127024 Listed on: 01/13/2015

Last Buyer's Agent

Mark Goedert

Goedert Real Estate License #6502127024 Listed on: 01/13/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 146x133
  • 146 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • No Wake Zone
  • Deck

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0.45 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 49.02
  • General Property Info:Lot Dimensions: 146X133
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1910.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Ranch
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Waterfront Options:Water Frontage3: 146.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • Heat Source:Wood2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out
  • LivingArea: 1910.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 50000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Riebeck Lake
  • Waterfront Features: No Wake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Baseboard, Electric, Wood
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 146X133
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Apr 22, 2015
Sold by
Bought by
Seller's Agent
Mark Goedert
Goedert Real Estate
Buyer's Agent
Mark Goedert
Goedert Real Estate
List Price
$85,500
Sold Price
$50,000
Premium/Discount to List
-$35,500
-41.52%
Current Estimated Value
$300,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,248
Avg. Annual Appreciation
17.32%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2001
Bought by

Purchase Details

Closed on
Apr 21, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1986
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1983
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 None Available
$54,311 None Available
-- --
$80,000 --
$7,000 --
$55,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $50,000 -41.5% $26 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $85,500 -- $45 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,095 $164,400 $0 $0
2024 $11 $135,600 $0 $0
2023 $1,017 $129,700 $0 $0
2022 $3,838 $120,600 $0 $0
2021 $3,733 $104,100 $0 $0
2020 $3,721 $101,600 $0 $0
2019 $3,620 $93,000 $0 $0
2018 $3,502 $84,900 $0 $0
2017 $3,381 $86,400 $0 $0
2016 $3,351 $76,200 $0 $0
2015 $835 $76,200 $0 $0
2013 $798 $105,380 $0 $0
2012 $779 $104,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15001496

MichRIC

APN: 10-180-001-029

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