$53,500
SOLD FEB 28, 2013

8051 S Island View Dr Newaygo, MI 49337

2 Beds
1 Bath
-- Sq Ft
10,637 Sq Ft Lot

Recently Sold

42% Below List Price

134 Days on Market

Highlights

  • 52 Feet of Waterfront
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Traditional Architecture

About This Home

As of August 2019

Great Lake Front Home! 2 BR 2 BA conveniently located Petit Lake. Your finishing touch would add a 3rd BR. See this home today! Click 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. All information represented herein is approximated and independent verification by buyer is required - information is not guaranteed. It is suggested that all offers include proof of funds, or pre-qual letter. INCLUDE YOUR E-MAIL, E-MAIL OFFERS ONLY. Potential buyers should independently verify all information on listing card for accuracy, Agent for owner. Verify if offer is owner occupant or investor. This prope rty is approved for Homepath Renovation Mortgage Financing. Legibly include the buyer's legal name on the purchase agreement-this must exactly match buyer's signature, addendums and loan docs.

Last Agent to Sell the Property

Tom Dann

Value Point Real Estate License #6502327633 Listed on: 09/10/2012

Co-Listed By

Ken Cleypool

Value Point Real Estate

Last Buyer's Agent

Dan Stegman

Five Star Real Estate (Rock) License #6501117104

Five Star Real Estate (Rock)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 10,637 Sq Ft Lot
  • Lot Dimensions are 52.4x203
  • 52 Feet of Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • 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 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 52.4X203
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1394.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 52.0
  • General Property Info:Fireplace: No
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk-Out Access
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 53500.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Pettit Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: 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

  • 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: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 52.4X203
  • Lot Size Sq Ft: 10637.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1394.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2012
Closed on
Feb 27, 2013
Sold by
Fannie Mae
Bought by
Adams Sarah
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
Dan Stegman
Five Star Real Estate (Rock)
List Price
$92,020
Sold Price
$53,500
Premium/Discount to List
-$38,520
-41.86%
Current Estimated Value
$306,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,655
Avg. Annual Appreciation
15.24%
Original Mortgage
$42,800
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Bank Of America
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 10, 2012
Sold by
Brenner Raymond
Bought by
Bank Of America Na
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 Type Sale Price Title Company
Warranty Deed $53,500 --
Quit Claim Deed -- --
Sheriffs Deed $154,413 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $42,800 New Conventional
Previous Owner $114,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 For Sale $172,000 0.0% $76 / Sq Ft
08/29/2019 08/29/19 Sold $172,000 +221.5% $76 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
02/28/2013 02/28/13 Sold $53,500 -41.9% --
01/22/2013 01/22/13 Pending -- -- --
09/10/2012 09/10/12 For Sale $92,020 -- --
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 $2,633 $129,400 $0 $0
2024 $15 $100,000 $0 $0
2023 $1,479 $95,300 $0 $0
2022 $2,565 $89,900 $0 $0
2021 $2,496 $85,900 $0 $0
2020 $2,571 $86,400 $0 $0
2019 $3,395 $80,900 $0 $0
2018 $3,357 $70,000 $0 $0
2017 $3,293 $71,200 $0 $0
2016 $2,043 $70,000 $0 $0
2015 -- $69,700 $0 $0
2014 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12049676

Southwestern Michigan Association of REALTORS®

APN: 20-30-201-005