NOT LISTED FOR SALE

8580 W School Section Lake Dr Mecosta, MI 49332

Estimated Value: $311,000 - $385,000

3 Beds
1 Bath
1,085 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $151,000 $139 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,222/month

18 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Living Room
  • Wood Siding
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2014

Waterfront home with 75 ft of waterfront to all sports School Section Lake. Home offers 3 bedrooms, 1 bath, and attached garage. Just in time for summer fun on the lake. About 1 hour North of Grand Rapids. Home is eligible under Freddie Mac First Look Initiative through June 18, 2014, where only owner occupant offers will be considered.

Last Agent to Sell the Property

Marcy Myers

Your Team Realty License #6502324643 Listed on: 05/29/2014

Last Buyer's Agent

Non Member

Non Member Of Swmric

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75 x 144
  • 75 Feet of Waterfront

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,085 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Utilities

  • Baseboard Heating
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,406

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: A-Frame
  • Stories: 2
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 75 x 144
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1085.0
  • General Property Info:Design: A-Frame
  • Tax Info:Annual Property Tax: 3406.0
  • Waterfront Options:Water Access YN: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 75.0
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1085.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1085.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 129900.0
  • Water Body Name: School Section Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 75 x 144
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3406.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 23, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mills Chad D and Mills Janine L
Seller's Agent
Marcy Myers
Your Team Realty
Buyer's Agent
Non Member
Non Member Of Swmric
List Price
$129,900
Sold Price
$151,000
Premium/Discount to List
$21,100
16.24%
Current Estimated Value
$347,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,888
Avg. Annual Appreciation
7.62%
Original Mortgage
$135,900
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2013
Sold by
Quicken Loans Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 11, 2013
Sold by
Cyberski Boughan Nancy A and Cyberski Matthew T
Bought by
Quicken Loans Inc

Purchase Details

Closed on
Sep 10, 2013
Sold by
Bauerle Brad and Bauerle Emily
Bought by
Cyberski Boughan Nancy A and Cyberski Matthew T

Purchase Details

Closed on
Feb 6, 2007
Sold by
Cyberski Boughan Nancy
Bought by
Cyberski Boughan Nancy A and Cyberski Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Ione D Barkman Trust
Bought by
Cyberski Boughan Nacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Mills Chad D $151,000 Etitle
Federal Home Loan Mortgage Corporation -- None Available
Quicken Loans Inc $110,000 None Available
Cyberski Boughan Nancy A -- None Available
Cyberski Boughan Nancy A -- None Available
Cyberski Boughan Nacy $200,000 Lakeland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Janine L $145,600
Closed Mills Chad D $135,900
Previous Owner Cyberski Boughan Nancy A $200,000
Previous Owner Cyberski Boughan Nacy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $151,000 +16.2% $139 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $129,900 -- $120 / 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 $3,954 $156,600 $0 $0
2024 -- $145,700 $0 $0
2023 -- $114,500 $0 $0
2022 $0 $99,100 $0 $0
2021 -- $95,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marcy Myers

    Your Team Realty

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    Non Member Of Swmric

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14029280

Southwestern Michigan Association of REALTORS®

APN: 5411-075-008-000

Michigan Mecosta County Mecosta 49332

8580 W School Section Lake Dr, Mecosta, MI

This home is located at 8580 W School Section Lake Dr, Mecosta, MI 49332 since 29 May 2014 and is currently estimated at $347,888, approximately $320 per square foot. This property was built in 1972. 8580 W School Section Lake Dr is a home located in Mecosta County with nearby schools including Chippewa Hills 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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