NOT LISTED FOR SALE

8471 E Ruth Dr Township of Branch, MI 49402

Estimated Value: $91,000 - $128,000

-- Bed
-- Bath
400 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 11, 2012

Last sale price $20,000 $50 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $710/month

15 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Sun or Florida Room
  • 1-Story Property
  • Deck
  • No Heating

About This Home

As of January 2012

An unbelievable opportunity to own a little place on the PM River. A secluded setting with over 100' on the South Branch. Lots of potential for this fixer upper, great views and access to the river. A cash buyer will be needed due to condition of this cabin. At this time only the cabin structure is there. Unknown on any well, septic being on property. Cabin has updated breaker box, unknown about any plumbing. Needs a new roof. No kitchen or bath. Inside was framed out for a bathroom and 2 Bedrooms. Front porch overlooking river. Price to sell with immediate possession. Sq. ft. is estimated, buyer is recommended to verify all information. Buyer will need to double check school system, agent has not checked on school system for accuracy.

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 10/20/2011

Last Buyer's Agent

Lori Dickenson

CENTURY 21 Bayshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1955

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 100.76x310
  • 100 Feet of Waterfront

Home Design

  • Slab Foundation

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Water Views
  • Crawl Space

Outdoor Features

  • Water Access
  • Deck

Utilities

  • No Heating
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 100.76x310
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 400.0
  • Tax Info:Annual Property Tax: 1.0
  • Waterfront Options:Water Access YN: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 100.0
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 400.0
  • Sewer None2: Yes
  • Water None6: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Basement: Crawl Space, Slab
  • LivingArea: 400.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Block
  • Exterior Features: 3 Season Room
  • List Price: 24900.0
  • Patio and Porch Features: Deck
  • Roof: Other
  • Water Body Name: Pere Marquette S Br
  • Waterfront Features: River
  • Waterfront: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: None
  • Heating: No
  • Sewer: None
  • Water Source: None

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Dimensions: 100.76x310
  • Lot Size Sq Ft: 31363.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2011
Closed on
Feb 15, 2012
Sold by
2010-3 Sfr Venture Llc
Bought by
2010-3 Sfr Venture Reo Llc
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Current Estimated Value
$105,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,587
Avg. Annual Appreciation
13.35%

Purchase Details

Listed on
Oct 20, 2011
Closed on
Dec 29, 2011
Sold by
2010-3 Sfr Venture Reo Llc
Bought by
Kann John and Kann Penny D
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Koets Jonathan W
Bought by
2010-3 Sfr Venture Llc

Purchase Details

Closed on
Sep 14, 2006
Sold by
Bockheim Joseph E and Bockheim Karen A
Bought by
Koets Jonathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2006
Sold by
Fuhrman Decil and Fuhrman Melanie
Bought by
Bockheim Joseph E and Bockheim Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1996
Sold by
Fuhrman and Bockheim
Bought by
Fuhrman and Bockheim
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 Buyer Sale Price Title Company
2010-3 Sfr Venture Reo Llc -- None Available
Kann John $20,000 None Available
2010-3 Sfr Venture Llc $23,000 None Available
Koets Jonathan W $70,000 Chicago Title
Bockheim Joseph E $42,500 None Available
Fuhrman $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koets Jonathan W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2012 01/11/12 Sold $20,000 -19.7% $50 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $24,900 -- $62 / 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 $1,614 $39,600 $39,600 $0
2024 $1,564 $36,500 $36,500 $0
2023 $1,421 $32,100 $32,100 $0
2022 $1,421 $30,400 $0 $0
2021 $830 $23,700 $23,700 $0
2020 $270 $22,800 $22,800 $0
2019 $1,187 $24,700 $0 $0
2018 $1,288 $26,900 $0 $0
2017 $1,288 $26,900 $0 $0
2016 -- $28,400 $0 $0
2013 -- $30,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lori Dickenson

    LIGHTHOUSE REALTY-Ludington

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11056917

Southwestern Michigan Association of REALTORS®

APN: 004-600-049-00

Michigan Oceana County 49402

8471 E Ruth Dr, MI

This home is located at 8471 E Ruth Dr, Township of Branch, MI 49402 since 20 October 2011 and is currently estimated at $105,587, approximately $263 per square foot. This property was built in 1955. 8471 E Ruth Dr is a home located in Oceana County with nearby schools including Walkerville Public Schools.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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