NOT LISTED FOR SALE

8417 E M 20 Hesperia, MI 49421

Estimated Value: $289,277

Studio
-- Bath
-- Sq Ft
5 Acre Lot

Sale Details

Date Sold: June 26, 2015

Last sale price $70,000

Est. 313% increase in value since last sale

Current estimated payment $1,645 / mo

98 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Level Lot

About This Home

As of June 2015

Excellent opportunity to own income property or live in one side and rent out the other. Located on main road for easy commute to a number of places. Banked owned home. Not a short sale. Quick easy purchase process. $1000 minimum deposit and proof of funds (less than 30 days old) or pre-approval letter for financed offers also required. Subject to bank addendum. Buyer to verify all information.

Last Agent to Sell the Property

Robert Breen

RE/MAX River Valley License #6501352938 Listed on: 01/28/2015

RE/MAX River Valley

Last Buyer's Agent

Sarah Cassidy

Peacock Real Estate

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 285x770
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic System
  • Phone Connected

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

5 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1985
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 22.81
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 285x770
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2333.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Utilities Attached:Propane3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • List Price: 66500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Propane
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2333.0
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Bought by
Current Estimated Value
$289,277

Purchase Details

Listed on
Jan 28, 2015
Closed on
Jun 26, 2015
Sold by
Bought by
Seller's Agent
Robert Breen
RE/MAX River Valley
Buyer's Agent
Sarah Cassidy
Peacock Real Estate
List Price
$70,500
Sold Price
$70,000
Premium/Discount to List
-$500
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$101,628
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$70,000 Hbi Title Services Inc
$100,000 None Available
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,000
Closed $241,350
Closed $232,000
Closed $25,000
Closed $113,451
Closed $116,758
Closed $99,091
Closed $101,628
Previous Owner $180,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $70,000 -0.7% --
05/06/2015 05/06/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $70,500 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $124,200 $0 $0
2025 -- $120,600 $120,600 $0
2024 $698 $99,000 $99,000 $0
2023 -- $89,700 $89,700 $0
2022 $0 $73,600 $0 $0
2021 $1,491 $0 $0 $0
2020 -- $59,200 $59,200 $0
2019 -- $58,000 $0 $0
2018 -- $55,100 $0 $0
2017 -- $55,100 $0 $0
2016 -- $43,300 $0 $0
2013 -- $44,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15003600

MichRIC

APN: 014-035-100-15

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