NOT LISTED FOR SALE

7940 Bankers Rd Reading, MI 49274

Estimated Value: $78,793 - $237,000

3 Beds
1 Bath
1,440 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $19,000 $13 Per Sq Ft

Est. 827% increase in value since last sale

Current estimated payment $1,036/month

31 Days on Market

Highlights

  • Living Room
  • Dining Area
  • Wood Burning Fireplace

About This Home

As of May 2013

This home on 3.5 acres is selling at absolute auction on Thursday, April 18 at 6:00 pm. We are also selling the adjoining 46 acres in two 23+/- acre parcels the same time and may be purchased with or without representation of any licensed REALTOR. Do not miss this opportunity to bid and buy this property at your price! This company makes no warranty about the contents of this data. It is the responsibility of the parties looking at property to satisfy themselves as to the accuracy of this information. Taxes were obtained from the local assessor and taxes could change for the buyer after a closed transaction. No absentee bids. Tax info is for complete 50 acre parcel. Split has been pre approved.

Last Agent to Sell the Property

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 03/19/2013

Co-Listed By

Dan Satow

Sherry Haylett Homes and Recreational Properties

Last Buyer's Agent

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 03/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1900

Lot Details

  • 3.5 Acre Lot
  • Flag Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Natural Gas Connected
  • Well
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1440.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 19000.0
  • Lot Features: Flag Lot, Wooded
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Natural Gas Connected, Telephone Line, Cable Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 3.5
  • Lot Size Area: 3.5
  • Lot Size Sq Ft: 152460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 2, 2013
Sold by
Robert K Holloway Revocable Living Trust and Holloway Velda I
Bought by
Trine William and Trine Rebekah M
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$1
Sold Price
$19,000
Premium/Discount to List
$18,999
1899900%
Current Estimated Value
$176,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,198
Avg. Annual Appreciation
20.88%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Morris Charles A and Morris Carol
Bought by
Holloway, Robert K Rev Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Trine William $19,000 None Available
Holloway, Robert K Rev Living Trust $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trine William $89,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $19,000 +1899900.0% $13 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $1 -- $0 / 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 $916 $47,200 $0 $0
2024 $227 $42,900 $0 $0
2023 $217 $40,200 $0 $0
2022 $817 $35,600 $0 $0
2021 $8 $31,300 $0 $0
2020 $792 $23,300 $0 $0
2019 $771 $18,800 $0 $0
2018 $742 $19,500 $0 $0
2017 $720 $17,100 $0 $0
2016 $714 $17,300 $0 $0
2015 $182 $17,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darin Spieth

    Seller's Agent in 2013

    Darin Spieth

    Spieth & Satow Auctions & Real Estate

    (517) 398-6060

    158 Total Sales

    Darin Spieth
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Dan Satow

    Sherry Haylett Homes and Recreational Properties

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13014192

Southwestern Michigan Association of REALTORS®

APN: 10-003-300-006-03-7-4

Michigan Hillsdale County Reading 49274

7940 Bankers Rd, Reading, MI

This home is located at 7940 Bankers Rd, Reading, MI 49274 since 19 March 2013 and is currently estimated at $176,198, approximately $122 per square foot. This property was built in 1900. 7940 Bankers Rd is a home located in Hillsdale County with nearby schools including Reynolds Elementary School and Reading High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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