NOT LISTED FOR SALE

7991 Patterson Ave SE Caledonia, MI 49316

Estimated Value: $518,082 - $547,000

3 Beds
4 Baths
1,714 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $212,000 $124 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,206/month

36 Days on Market

Highlights

  • 5.55 Acre Lot
  • Deck
  • Pole Barn
  • Caledonia Elementary School Rated A
  • Traditional Architecture
  • 4 Car Detached Garage

About This Home

As of January 2012

Great Caledonia property. 5.5 acres, private setting. 2 large additional out buildings each with a 1/2 bathroom. Ideal for an in home business. This 3 Br 2.5 BA home will need just a little attention to cosmetic detail. See this one today! nmClick Homepath.com to check for Special offers and for more details or ask me. Seller will not consider non owner occupant offers until 15 days from MLs date. Property is sold as is and buyer is responsible for all inspections including well and septic where applicable. All information represented herein is approximated and independent verification by buyer is required - information is not guaranteed. All offers require proof of funds, or pre-qual letter. INCLUDE YOUR E-MAIL, E-MAIL OFFERS ONLY. Potential buyers should independently verify all inform ation on listing card for accuracy, Agent for owner. Verify if offer is owner occupant or investor. This property is approved for Homepath Renovation Mortgage Financing and HomePath Mortgage financing

Last Agent to Sell the Property

Tom Dann

Value Point Real Estate License #6502327633 Listed on: 12/08/2011

Co-Listed By

Ken Cleypool

Value Point Real Estate

Last Buyer's Agent

Thomas Sill

Agent History

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1987

Lot Details

  • 5.55 Acre Lot
  • Lot Dimensions are 310x780

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Pole Barn

Utilities

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

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,409

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 310x780
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1714.0
  • General Property Info:Design: Traditional
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: No
  • Outbuildings:Pole Barn: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1714.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 1714.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Deck(s)
  • List Price: 219000.0
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_four_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Other
  • Association: Yes

Lot Info

  • Lot Size Acres: 5.55
  • Lot Size Area: 5.55
  • Lot Dimensions: 310x780
  • Lot Size Sq Ft: 241758.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Schmidt Wendelin and Schmidt Karin S
Bought by
Schmidt Wendelin and Schmidt Karin S
Current Estimated Value
$537,021

Purchase Details

Closed on
May 31, 2018
Sold by
Christopher Kevin and Jacobsma Julie
Bought by
Schmidt Karin S and Schmidt Wendelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$133,746
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$403,275

Purchase Details

Listed on
Dec 8, 2011
Closed on
Jan 31, 2012
Sold by
Fannie Mae
Bought by
Christopher Kevin and Jacobsma Julie
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
Thomas Sill
Agent History
List Price
$232,725
Sold Price
$212,000
Premium/Discount to List
-$20,725
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$169,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Chemical Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2010
Sold by
Kwekel Steven J and Kwekel Karla L
Bought by
Chemical Bank and Sbc Mortgage Llc

Purchase Details

Closed on
Jan 21, 2004
Sold by
Drake Robert
Bought by
Drake Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Schmidt Wendelin -- None Available
Schmidt Karin S $300,000 None Available
Christopher Kevin $212,000 Parks Title
Federal National Mortgage Association -- None Available
Chemical Bank $189,270 None Available
Drake Deborah L -- --
Kwekel Steven J $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Karin S $155,000
Previous Owner Christopher Kevin $169,600
Previous Owner Kwekel Steven J $200,000
Closed Kwekel Steven J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $212,000 -8.9% $124 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $232,725 -- $136 / 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 $4,409 $233,100 $0 $0
2024 $4,409 $225,900 $0 $0
2022 $4,011 $160,400 $0 $0
2021 $6,104 $128,400 $0 $0
2020 $3,868 $131,100 $0 $0
2019 $3,014 $125,100 $0 $0
2018 $3,014 $128,500 $30,900 $97,600
2017 $0 $120,800 $0 $0
2016 $0 $110,700 $0 $0
2015 -- $110,700 $0 $0
2013 -- $97,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11063850

Southwestern Michigan Association of REALTORS®

APN: 41-22-13-200-007