NOT LISTED FOR SALE

7875 N Meridian Rd Jackson, MI 49201

Estimated Value: $315,000 - $567,000

3 Beds
3 Baths
2,700 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $249,900 $93 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,401/month

3 Days on Market

Highlights

  • 18.5 Acre Lot
  • No HOA
  • Living Room
  • Pole Barn
  • Fireplace

About This Home

As of May 2017

This home is located at 7875 N Meridian Rd, Jackson, MI 49201 since 21 April 2017 and is currently estimated at $402,826, approximately $149 per square foot. This property was built in 1930. 7875 N Meridian Rd is a home located in Jackson County with nearby schools including Northwest Early Elementary School, Northwest Elementary School, and Northwest Middle School.

Last Agent to Sell the Property

NON-MBR 'LIST' NON-MBR 'LIST'

NON-MEMBER REALTOR 'LIST' Listed on: 04/21/2017

Last Buyer's Agent

Michael Dixon

SPROAT REALTY PROFESSIONALS License #6506048898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 1930

Lot Details

  • 18.5 Acre Lot

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,700 Sq Ft Home
  • Fireplace
  • Living Room
  • Walk-Out Basement
  • Built-In Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Well
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,262

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Refrigerator
  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Basement: Walk Out
  • LivingArea: 2700.0

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • List Price: 249900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s), Pole Barn, Other
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Sewer: Septic System
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Lot Info

  • Lot Size Acres: 18.5
  • Lot Size Area: 18.5
  • Lot Size Sq Ft: 805860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 2, 2017
Sold by
Kelly Patrick and Kelly Taylor M
Bought by
Schnarr Jeffrey A
Seller's Agent
NON-MBR 'LIST' NON-MBR 'LIST'
NON-MEMBER REALTOR 'LIST'
Buyer's Agent
Michael Dixon
SPROAT REALTY PROFESSIONALS
Sold Price
$249,900
Current Estimated Value
$402,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,926
Avg. Annual Appreciation
5.85%
Original Mortgage
$245,373
Outstanding Balance
$202,343
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$200,483

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 30, 2017
Sold by
Schnarr Jeffrey A
Bought by
Schnarr Jeffrey A and Schnarr Michelle Sue
Seller's Agent
NON-MBR 'LIST' NON-MBR 'LIST'
NON-MEMBER REALTOR 'LIST'
Buyer's Agent
Michael Dixon
SPROAT REALTY PROFESSIONALS
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,373
Outstanding Balance
$202,343
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$200,483

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 11, 2016
Sold by
Dennis Sharon A and The Kathryn Mae Garrett Revoca
Bought by
Kelly Patrick and Kelly Taylor M
Seller's Agent
Heather Herndon
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$180,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Garrett Kathryn M and Garrett Ralph J
Bought by
The Kathryn Mae Garrett Revocable Living
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
Schnarr Jeffrey A $249,900 Attorney
Schnarr Jeffrey A -- Attorney
Kelly Patrick $225,000 Attorney
The Kathryn Mae Garrett Revocable Living -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schnarr Jeffrey A $245,373
Previous Owner Kelly Patrick $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2017 05/30/17 Sold $249,900 +11.1% $93 / Sq Ft
08/11/2016 08/11/16 Sold $225,000 -- $83 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
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 $3,262 $122,800 $0 $122,800
2024 $1,769 $120,300 $0 $120,300
2023 $1,684 $110,700 $0 $110,700
2022 $2,988 $98,800 $0 $98,800
2021 $2,941 $104,100 $48,000 $56,100
2020 $2,917 $102,300 $0 $0
2019 $2,847 $89,900 $0 $0
2018 $2,888 $90,100 $0 $0
2017 $2,882 $93,300 $0 $0
2016 $996 $73,733 $73,733 $0
2015 -- $62,300 $62,300 $0
2014 -- $59,339 $0 $0
2013 -- $59,339 $59,339 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21090070

Southwestern Michigan Association of REALTORS®

APN: 000-04-32-101-003-00