NOT LISTED FOR SALE

8502 W Silver Lake Rd Unit 5 Mears, MI 49436

Estimated Value: $251,000 - $335,000

2 Beds
1 Bath
734 Sq Ft
$412/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $136,200 $186 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,848/month

67 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Porch
  • Ceiling Fan
  • Gas Log Fireplace

About This Home

As of December 2015

Marketing Remarks: HUD Home. Sold AS IS' by elec bid only.Price reduction Prop Available 10/20/15 Bids due daily by 11:59 PM Central Time then daily till sold. FHA Case #263-464552. insured 203K elig. Keys in LO $2/each or $16/8-key set. For info visit www.HUDHomestore.com. For additional forms, updates, step-by-step video & free photo list, please visit www.BLBResources.com.BLB Resources makes no warranty as to condition of prop. Commission of 3% to selling and buying agent

Last Agent to Sell the Property

Anthony Lambers

HomeRealty, LLC License #6501365708 Listed on: 08/18/2015

HomeRealty, LLC

Last Buyer's Agent

Steve Dykstra

Dykstra Real Estate LLC License #6501222095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 2005

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 120x307
  • 120 Feet of Waterfront

Home Design

  • Vinyl Siding

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120x307
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 734.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1100.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 120.0
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 734.0
  • General Property Info Garage YN: No
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 734.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Porch(es)
  • List Price: 136040.0
  • Road Surface Type: Paved
  • Water Body Name: Silver Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Fee: 1800.0
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 1800.0
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.85
  • Lot Size Area: 0.85
  • Lot Dimensions: 120x307
  • Lot Size Sq Ft: 36840.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Dec 14, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Bosch Edward Jay and Bosch Jilayne B
Seller's Agent
Anthony Lambers
HomeRealty, LLC
Buyer's Agent
Steve Dykstra
Dykstra Real Estate LLC
List Price
$179,000
Sold Price
$136,200
Premium/Discount to List
-$42,800
-23.91%
Current Estimated Value
$270,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,384
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
May 8, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 5, 2015
Sold by
Mckown Gary M and Mckown Susan M
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 23, 2009
Sold by
Mckown Gary M and Mckown Susan M
Bought by
Mckown Gary M and Mckown Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2009
Sold by
Gibson Gary M
Bought by
Mckown Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.07%
Mortgage Type
FHA
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
Bosch Edward Jay $136,200 None Available
The Secretary Of Housing & Urban Develop $204,587 Attorney
Bank Of America Na $204,587 First American Els
Mckown Gary M -- Oceana Land Title Agency Inc
Mckown Gary M $225,000 Oceana Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoeksema Kathleen Marie $68,500
Previous Owner Mckown Gary M $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $136,200 -23.9% $186 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $179,000 -- $244 / 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 $4,237 $137,000 $137,000 $0
2024 $1,031 $128,600 $128,600 $0
2023 $3,782 $117,000 $117,000 $0
2022 $3,782 $101,200 $0 $0
2021 $3,710 $96,700 $96,700 $0
2020 $3,630 $89,000 $89,000 $0
2019 $3,609 $82,100 $0 $0
2018 $3,930 $91,800 $0 $0
2017 $3,930 $93,400 $0 $0
2016 -- $81,900 $0 $0
2013 -- $81,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anthony Lambers

    HomeRealty, LLC

    (231) 670-6724

    102 Total Sales

    Section Image
  • Steve Dykstra

    Buyer's Agent in 2015

    Steve Dykstra

    Dykstra Real Estate LLC

    (616) 826-4387

    119 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15044737

Southwestern Michigan Association of REALTORS®

APN: 006-210-005-00

Michigan Oceana County Mears 49436

8502 W Silver Lake Rd Unit 5, Mears, MI

This home is located at 8502 W Silver Lake Rd Unit 5, Mears, MI 49436 since 18 August 2015 and is currently estimated at $302,109, approximately $411 per square foot. This property was built in 2005. 8502 W Silver Lake Rd Unit 5 is a home located in Oceana County with nearby schools including Spitler Elementary School, Hart Middle School, and Hart 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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