NOT LISTED FOR SALE

Estimated Value: $194,000 - $230,000

2 Beds
1 Bath
900 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $55,000 $61 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,261/month

29 Days on Market

Highlights

  • Recreation Room
  • Brick or Stone Mason
  • Bungalow
  • 1 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of June 2017

This home is in need of some TLC but it could be a sharp home! The main floor featrues: living room, bedroom, dining room, kitchen with a breakfast nook. Upper floor: large bedroom and full bath. It has a full basement and a one stall detached garage. See attachment for PA Requirements and WFHM offer submittal information in MLS document section. Buyer or buyer agent is responsible to check city for any code violations or liens. Non GRAR forms are involved. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call 1-877-617-5274 .

Last Agent to Sell the Property

Nicky Fahselt

Ford Real Estate of Mich LLC License #6501171738 Listed on: 03/06/2017

Last Buyer's Agent

Nicky Fahselt

Ford Real Estate of Mich LLC License #6501171738 Listed on: 03/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1930

Lot Details

  • 5,590 Sq Ft Lot
  • Lot Dimensions are 43 x130

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating 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

$950

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 43 x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 950.0
  • Tax Info:Zoning3: res
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 900.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Stone
  • List Price: 49900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 43 x130
  • Lot Size Sq Ft: 5590.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 950.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 8, 2017
Sold by
Wells Fargo Bank Na
Bought by
Payton Loreale and Payton Loreann
Seller's Agent
Nicky Fahselt
Ford Real Estate of Mich LLC
Buyer's Agent
Nicky Fahselt
Ford Real Estate of Mich LLC
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Current Estimated Value
$212,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,826
Avg. Annual Appreciation
17.25%
Original Mortgage
$52,250
Outstanding Balance
$43,669
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$161,031

Purchase Details

Closed on
Oct 18, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 9, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 26, 2015
Sold by
Latham Jermaine
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 30, 2003
Sold by
Allmon Mike
Bought by
Latham Jermaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,798
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1999
Sold by
Crpntr Crpntr P P and Crpntr Cuncannan K
Bought by
Latham Cuncannan K and Latham Jermaine

Purchase Details

Closed on
Jan 30, 1997

Purchase Details

Closed on
Mar 11, 1996
Bought by
Latham Carpenter M and Latham Jermaine

Purchase Details

Closed on
Apr 9, 1993
Sold by
Hunefeld Hunefeld J J and Hunefeld Roberts C
Bought by
Latham Jermaine

Purchase Details

Closed on
Jul 18, 1991
Source: Public Records

Range of Values:

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Average Value
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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
Payton Loreale $55,000 None Available
Wells Fargo Bank Na -- None Available
Secretary Of Housing & Urban Development -- Attorney
Wells Fargo Bank Na $38,710 Attorney
Latham Jermaine $89,500 --
Latham Cuncannan K $61,000 --
-- $47,900 --
Latham Carpenter M $47,900 --
Latham Jermaine $46,900 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payton Loreale $52,250
Previous Owner Latham Jermaine $88,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $55,000 +10.2% $61 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $49,900 -- $55 / 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 $1,326 $91,100 $0 $0
2024 $1,326 $80,700 $0 $0
2023 $1,345 $68,000 $0 $0
2022 $1,277 $60,100 $0 $0
2021 $1,249 $49,400 $0 $0
2020 $1,194 $46,600 $0 $0
2019 $1,250 $41,300 $0 $0
2018 $1,207 $34,700 $0 $0
2017 $1,361 $29,800 $0 $0
2016 $945 $25,500 $0 $0
2015 $857 $25,500 $0 $0
2013 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17008787

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-307-010