NOT LISTED FOR SALE

8480 Bankers Rd Reading, MI 49274

Estimated Value: $91,000 - $128,768

2 Beds
1 Bath
816 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $76,000 $93 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $752/month

11 Days on Market

Highlights

  • Earth Berm
  • Forced Air Heating System
  • Gas Log Fireplace
  • Window Unit Cooling System
  • 1-Story Property

About This Home

As of March 2021

HUD HOME Case Number: 263-380791 - 2 Bedroom, 1 Bath, Home on 4 acres with Pole Barn. Property being sold in AS-IS Condition, without any guarantee or warranty by the seller. Please take a look at the Property Condition Report. Furnace, Plumbing and Water Heater are damaged. Agents may visit
www.Sageacq.com or www.hudhomestore.com

Last Agent to Sell the Property

April Osborne

Midwestern Realty Group License #6502388252 Listed on: 01/30/2021

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1950

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 613x283

Parking

  • Unpaved Driveway

Home Design

  • Earth Berm
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Window Unit Heating System
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Underground
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 613x283
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 816.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1082.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 816.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 816.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 85000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 4.0
  • Lot Size Area: 4.0
  • Lot Dimensions: 613x283
  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1082.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 30, 2021
Sold by
Secretary Of Housing & Urban Development
Bought by
Odegard Kai
Seller's Agent
April Osborne
Midwestern Realty Group
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$85,000
Sold Price
$76,000
Premium/Discount to List
-$9,000
-10.59%
Current Estimated Value
$109,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,692
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Dec 11, 2020
Sold by
Thornton Joanne H and Thornton William N
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 13, 1982
Sold by
Blanchard Jean and Thomas Muriel E
Bought by
Thornton William N and Thornton Joanne H

Purchase Details

Closed on
Jun 25, 1982
Sold by
Wood Diana L
Bought by
Blanchard Jean

Purchase Details

Closed on
Feb 2, 1981
Sold by
Wood Thomas W
Bought by
Wood Diana L

Purchase Details

Closed on
Sep 15, 1978
Sold by
Wood Thomas W and Wood Diana L
Bought by
Thornton William N and Thornton Joanne H

Purchase Details

Closed on
May 31, 1975
Sold by
Thomas Arthur N and Thomas Muriel E
Bought by
Wood Thomas W and Wood Diana L

Purchase Details

Closed on
Mar 17, 1975
Sold by
Chester Frank A and Chester Margaret L
Bought by
Doiran Louis L and Doiran Juanita

Purchase Details

Closed on
Mar 11, 1975
Sold by
Doiran Louis L and Doiran Juanita
Bought by
Thomas Arthur N and Thomas Muriel E
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
Odegard Kai $76,000 None Available
Secretary Of Housing & Urban Development -- None Available
Thornton William N $5,000 --
Blanchard Jean $2,600 --
Wood Diana L -- --
Thornton William N $5,000 --
Wood Thomas W $18,000 --
Doiran Louis L $49,000 --
Thomas Arthur N $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thornton William N $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $76,000 -10.6% $93 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $85,000 -- $104 / 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 $1,872 $50,000 $0 $0
2024 $464 $45,500 $0 $0
2023 $442 $42,700 $0 $0
2022 $1,669 $38,400 $0 $0
2021 $1,066 $41,100 $0 $0
2020 $782 $40,700 $0 $0
2019 $752 $33,500 $0 $0
2018 $717 $28,700 $0 $0
2017 $701 $29,000 $0 $0
2016 $695 $30,000 $0 $0
2015 $308 $30,000 $0 $0
2013 $298 $28,250 $0 $0
2012 $291 $27,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    April Osborne

    Midwestern Realty Group

    (517) 278-6400

    35 Total Sales

    April Osborne
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21002966

Southwestern Michigan Association of REALTORS®

APN: 10-004-400-008-04-7-4

Michigan Hillsdale County Reading 49274

8480 Bankers Rd, Reading, MI

This home is located at 8480 Bankers Rd, Reading, MI 49274 since 30 January 2021 and is currently estimated at $109,692, approximately $134 per square foot. This property was built in 1950. 8480 Bankers Rd is a home located in Hillsdale County with nearby schools including Reynolds Elementary School and Reading High School.

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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