NOT LISTED FOR SALE

8001 E Lake Rd Twin Lake, MI 49457

Estimated Value: $251,607 - $328,000

2 Beds
1 Bath
1,295 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $88,000 $68 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,739/month

88 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Wood Burning Stove
  • Eat-In Kitchen
  • Deck
  • 2 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of March 2012

Freddie Mac Foreclosure on Little Silver Lake. Great place for weekend getaways or to live year round. Large 2-tiered deck over looks the lake. There is a dock for your boating needs. This is a 2 bedroom, 1 bath home with separate dining area and snack bar and eat in kitchen area. There is a wood burning stove in the living room. New septic system installed in September. 2 year home warranty for owner occupants.

Last Listed By

Bernie Tassin

Nexes Realty Muskegon License #6502129865 Listed on: 09/30/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.31 Acre Lot
  • 87 Feet of Waterfront
  • The property's road front is unimproved

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Living Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Window Unit Heating System
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Gas/Wood Stove, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1295.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 92900.0
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Little Silver Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 63x177x87x178x
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2780.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2011
Closed on
Feb 29, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jenkins Susan R
Seller's Agent
Bernie Tassin
Nexes Realty Muskegon
Buyer's Agent
Daniel Wilde
Ridge Realty Inc
List Price
$115,900
Sold Price
$88,000
Premium/Discount to List
-$27,900
-24.07%
Total Days on Market
88
Current Estimated Value
$292,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,402
Avg. Annual Appreciation
9.93%
Original Mortgage
$85,769
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2011
Sold by
Brezina Matthew
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 28, 2007
Sold by
Vogelsong Michael J and Vogelsong Victoria S
Bought by
Brezina Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Federal Home Loan Mortgage Corp $99,000 None Available
Brezina Matthew -- Safe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syswerda Susan R $94,000
Closed Jenkins Susan R $18,000
Closed Jenkins Susan R $85,769
Previous Owner Brezina Matthew $156,750
Previous Owner Vogelsong Michael J $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $88,000 -24.1% $68 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
09/30/2011 09/30/11 For Sale $115,900 -- $89 / 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
2024 $1,238 $122,100 $0 $0
2023 $815 $108,400 $0 $0
2022 $2,137 $78,400 $0 $0
2021 $2,078 $74,200 $0 $0
2020 $2,056 $76,700 $0 $0
2019 $2,018 $72,900 $0 $0
2018 $1,971 $67,900 $0 $0
2017 $1,931 $65,400 $0 $0
2016 $695 $58,700 $0 $0
2015 -- $59,200 $0 $0
2014 -- $59,500 $0 $0
2013 -- $57,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11053645

Southwestern Michigan Association of REALTORS®

APN: 05-470-013-0009-00