NOT LISTED FOR SALE

7932 Lake Wood Dr Portage, MI 49002

Estimated Value: $248,000 - $286,000

3 Beds
2.5 Baths
1,482 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $134,900 $91 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,626/month

47 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • 2 Car Attached Garage
  • Portage Central Middle School Rated A-
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

PRICE REDUCED! Rare opportunity for a distinctive property. Zoned OS-1, so there may be extra value now and in the future. Fresh paint, carpet, vinyl flooring and stainless steel appliances. Two bedrooms on the main floor and nice master suite upstairs, with a landing area that could make a nice computer room. Large living room with fireplace, big dining room and a kitchen with center island plus a breakfast area too. This is a Fannie Mae HomePath home! Buyer and agent should satisfy themselves as to existence of Principal Residence (Homestead) Exemption and the effect on taxes.

Last Agent to Sell the Property

Al Rowe

RE/MAX Advantage License #6502125668 Listed on: 05/25/2017

RE/MAX Advantage

Co-Listed By

Natalie Rowe

RE/MAX Advantage License #6502397820

Last Buyer's Agent

Johnnie Decker

Michigan Top Producers License #6501324394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1937

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 116 x 132
  • Corner Lot: Yes
  • Property is zoned OS-1, OS-1

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1937
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 116 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1482.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1999.79
  • Tax Info:Zoning3: OS-1
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1482.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Partial
  • LivingArea: 1482.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 910.0
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 134900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 116 x 132
  • Lot Size Sq Ft: 15312.0
  • Zoning Description: OS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1999.79
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Rowley Robert J and Rowley Kathleen M
Bought by
Meadows Jane I
Current Estimated Value
$267,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2019
Sold by
Rowley Robert J and Rowley Kathleen M
Bought by
Rowley Robert J and Rowley Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 1, 2017
Sold by
Fannie Mae
Bought by
Rowley Robert J and Rowley Kathleen M
Seller's Agent
Al Rowe
RE/MAX Advantage
Buyer's Agent
Johnnie Decker
Michigan Top Producers
List Price
$143,900
Sold Price
$134,900
Premium/Discount to List
-$9,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$104,900
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Hobson Marilyn J and Hobson Albert F
Bought by
Federal National Mortgage Association and Fannie Mae
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
Meadows Jane I -- None Available
Rowley Robert J -- None Available
Rowley Robert J $134,900 First Title & Escrow
Federal National Mortgage Association $118,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Jane I $171,000
Closed Meadows Jane Irene $167,897
Closed Meadows Jane I $120,000
Closed Meadows Jane I $18,000
Closed Meadows Jane I $106,000
Previous Owner Rowley Robert J $104,900
Previous Owner Hobson Marilyn J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $134,900 -6.3% $91 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $143,900 -- $97 / 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 $2,390 $118,400 $0 $0
2024 $2,390 $125,700 $0 $0
2023 $2,278 $107,100 $0 $0
2022 $2,440 $70,900 $0 $0
2021 $2,358 $64,200 $0 $0
2020 $2,307 $59,700 $0 $0
2019 $208 $51,300 $0 $0
2018 $0 $49,200 $0 $0
2017 $0 $52,000 $0 $0
2016 -- $49,500 $0 $0
2015 -- $48,500 $0 $0
2014 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17024514

Southwestern Michigan Association of REALTORS®

APN: 10-04200-179-O