NOT LISTED FOR SALE

78420 Capac Rd Armada, MI 48005

Estimated Value: $343,000 - $500,000

3 Beds
2 Baths
2,580 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $81,000 $31 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $2,445/month

42 Days on Market

Highlights

  • 10.2 Acre Lot
  • Orville C. Krause Elementary School Rated A-
  • 2.5 Car Garage

About This Home

As of November 2012

Beautiful property with a heavily vandalized house.Tear down,re-hab??Newer pole barn w/concrete floor,asphalt drive,pond,trail through wooded rearof property.Lots of mature tree's.Would make an excellent building site as most improvements are there-or rebuild with an ambitious rehabber. Must set appt.to gain access.House was hit by lightning.

Last Agent to Sell the Property

Shawn Modzelewski

Nelson Property Management License #MISPE-6501207977 Listed on: 10/02/2012

Last Buyer's Agent

Glenn Eckert

Select Business Agency LLC License #MISPE-6502404797

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 10.2 Acre Lot
  • 335 Ft Wide Lot

Parking

  • 2.5 Car Garage

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0209100005

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 3028
  • Total Tax Year: 2011
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2580
  • Total Finished Sq Ft: 2580

Exterior Features

  • Foundation: Basement
  • Frontage: 335

Garage/Parking

  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 0209100005
  • Lot Dimensions: 10.2 acres
  • Acreage: 10.2
  • Map Side Numeric: 29
  • Map Top Alpha: j
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $1,878.00
  • Winter Tax: Year: 2011, Amount: $1,150.00
  • Taxable Value: 67092
  • Total Tax: Year: 2011, Amount: $3,028.00
  • SEV Year: 2011

MLS Schools

  • School District: Armada Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 29, 2012
Sold by
Powers Larry and Powers Mary
Bought by
Cusimano James and Cusimano Sarah E
Seller's Agent
Shawn Modzelewski
Nelson Property Management
Buyer's Agent
Glenn Eckert
Select Business Agency LLC
List Price
$99,900
Sold Price
$81,000
Premium/Discount to List
-$18,900
-18.92%
Current Estimated Value
$404,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,388
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Sep 12, 2012
Sold by
Macomb County Properties Llc
Bought by
Powers Larry

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wahby Ted B
Bought by
Macomb County Properties Llc

Purchase Details

Closed on
Aug 8, 2008
Sold by
Edwards Veronica M and Edwards Timothy B
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jan 11, 2006
Sold by
Edwards Timothy B and Edwards Larry E
Bought by
Edwards Timothy B and Edwards Veronica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,900
Interest Rate
6.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 1, 1999
Sold by
Benson Daniel F
Bought by
Edwards Timothy B
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
Cusimano James $81,000 Visionary Title Agency Llc
Powers Larry $30,000 The Executive Advantage Titl
Macomb County Properties Llc -- None Available
Chase Home Finance Llc $235,000 None Available
Edwards Timothy B -- Stewart Title Guaranty Co
Edwards Timothy B $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Timothy B $235,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2012 11/29/12 Sold $81,000 -18.9% $31 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $99,900 -- $39 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,760 $210,600 $0 $0
2024 $1,700 $198,900 $0 $0
2023 $1,611 $166,800 $0 $0
2022 $2,439 $142,800 $0 $0
2021 $2,372 $131,900 $0 $0
2020 $1,481 $125,200 $0 $0
2019 $2,178 $106,900 $0 $0
2018 $1,996 $103,700 $0 $0
2017 $1,969 $95,500 $43,600 $51,900
2016 $1,955 $95,500 $0 $0
2015 -- $84,200 $0 $0
2011 -- $67,092 $40,527 $26,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31121743

Michigan Multiple Listing Service

APN: 13-02-09-100-005