NOT LISTED FOR SALE

8353 Madison Rd Hesperia, MI 49421

Estimated Value: $242,000 - $466,572

2 Beds
2 Baths
-- Sq Ft
20 Acres

Last Sold July 17, 2013

Last sale price $90,000

Est. 279% increase in value since last sale

Current estimated payment $2,117/month

73 Days on Market

About This Home

As of July 2013

Very nice bi-level home on 20 acres just N and E of Hesperia. Paved road, two large buildings for storage. This is a Fannie Mae Homepath Property, purchase for as little as 3% Down. Approved for Homepath Renovation Financing.

Last Agent to Sell the Property

Mark Wentland

Big Rapids Realty License #6502102934 Listed on: 02/26/2013

Last Buyer's Agent

Mark Wentland

Reed City Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,279

Year Built

  • Built in 1986

Lot Details

  • 20 Acre Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,279

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • List Price: 94750.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 20.0
  • Lot Size Area: 20.0
  • Lot Size Sq Ft: 871200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Aug 14, 2013
Sold by
Burns Danny
Bought by
Burns Danny and Martin Linda
Seller's Agent
Mark Wentland
Big Rapids Realty
Buyer's Agent
Mark Wentland
Big Rapids Realty
List Price
$113,000
Sold Price
$90,000
Premium/Discount to List
-$23,000
-20.35%
Current Estimated Value
$341,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,143
Avg. Annual Appreciation
10.26%
Original Mortgage
$16,000
Outstanding Balance
$12,051
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$282,972

Purchase Details

Listed on
Feb 26, 2013
Closed on
Jul 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Burns Danny
Seller's Agent
Mark Wentland
Big Rapids Realty
Buyer's Agent
Mark Wentland
Big Rapids Realty
List Price
$113,000
Sold Price
$90,000
Premium/Discount to List
-$23,000
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Outstanding Balance
$12,051
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$282,972

Purchase Details

Closed on
Jun 6, 2012
Sold by
Huntington National Bank
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 17, 2012
Sold by
Ortega Theresa R and Nebola Timothy K
Bought by
Huntington National Bank

Purchase Details

Closed on
Oct 18, 2004
Sold by
Hovey Randy M
Bought by
Ortega Theresa R Et Al Timothy K Ne

Purchase Details

Closed on
Sep 18, 1998
Sold by
Henson Leona M
Bought by
Hovey Randy M
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
Burns Danny -- --
Burns Danny $90,000 --
Fannie Mae -- --
Huntington National Bank $145,143 --
Ortega Theresa R Et Al Timothy K Ne $145,900 --
Hovey Randy M $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Danny $16,000
Open Burns Danny $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $90,000 -20.4% --
05/10/2013 05/10/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $113,000 -- --
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 $3,279 $212,700 $0 $0
2024 $12 $189,900 $0 $0
2023 $1,156 $173,800 $0 $0
2022 $3,011 $130,900 $0 $0
2021 $2,925 $123,500 $0 $0
2020 $2,993 $121,200 $0 $0
2019 $2,942 $107,900 $0 $0
2018 $2,871 $99,800 $0 $0
2017 $2,809 $96,900 $0 $0
2016 $2,759 $95,300 $0 $0
2015 -- $73,700 $0 $0
2014 -- $70,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13008660

Southwestern Michigan Association of REALTORS®

APN: 09-20-400-001