NOT LISTED FOR SALE

8585 Mcarthur Ave NE Greenville, MI 48838

Oakfield Township Neighborhood

Estimated Value: $60,000 - $265,000

4.1 Acres
$33,252 Price per Acre
178,596 Sq Ft Lot

Last Sold August 28, 2015

Last sale price $22,000

Est. 520% increase in value since last sale

Current estimated payment $759/month

14 Days on Market

Highlights

  • 4.1 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of August 2015

Buildable very private lot in the midst of several lakes on the NE edge of Kent County. Property is owned by the Kent County Land Bank Authority and will be sold as is. KCLBA makes no assertions regarding condition of the well and septic system left from prior residence. Inspections at Buyer expense.

Last Agent to Sell the Property

James Ogg

Greenridge Realty (Kentwood) License #6502368784 Listed on: 07/27/2015

Last Buyer's Agent

Danielle Landis

Best Homes of Michigan LLC License #6502427305

Property Details

Property Type

  • Land

Lot Details

  • 4.1 Acre Lot
  • Lot Dimensions are 445x400x445x400
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned RR, RR

Utilities

  • Well
  • Septic Tank
  • Phone Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 445x400x445x400
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1039.0
  • Tax Info:Zoning3: RR
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 25000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Acres: 4.1
  • Lot Size Area: 4.1
  • Lot Size Sq Ft: 178596.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1039.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 28, 2015
Sold by
Kent County Land Bank Authority
Bought by
Wallis Richard E and Wallis Judy L
Seller's Agent
James Ogg
Greenridge Realty (Kentwood)
Buyer's Agent
Danielle Landis
Best Homes of Michigan LLC
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%
Current Estimated Value
$136,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,333
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Wells Fargo Bank Na
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Oct 20, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Sep 10, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 8, 2014
Sold by
Thompson Mark J and Thompson Pamela L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 13, 2003
Sold by
Thaler Linda L
Bought by
Thompson Mark J and Thompson Pamela L

Purchase Details

Closed on
Mar 22, 2001
Sold by
Schansema William D
Bought by
Thompson Mark J and Thompson Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,180
Interest Rate
7.02%
Mortgage Type
VA

Purchase Details

Closed on
Jan 26, 2000
Bought by
Thompson Schansema and Thompson Mark J

Purchase Details

Closed on
Jun 5, 1995
Bought by
Woodruff Thomas R and Thompson Mark J
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
Wallis Richard E $22,000 Sun Title Agency Of Mi Llc
Kent County Land Bank Authority -- Stewart Title Company
Wells Fargo Bank -- None Available
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $25,515 None Available
Thompson Mark J -- --
Thompson Mark J $109,000 --
Thompson Schansema $82,900 --
Woodruff Thomas R $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Mark J $35,000
Previous Owner Thompson Mark J $27,298
Previous Owner Thompson Mark J $111,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $22,000 -12.0% --
08/10/2015 08/10/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $25,000 -- --
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 $188 $38,000 $0 $0
2024 $188 $27,800 $0 $0
2023 $180 $22,700 $0 $0
2022 $767 $17,900 $0 $0
2021 $744 $16,200 $0 $0
2020 $174 $19,300 $0 $0
2019 $758 $18,800 $0 $0
2018 $742 $18,800 $0 $0
2017 $716 $15,600 $0 $0
2016 $710 $23,900 $0 $0
2015 -- $23,900 $0 $0
2013 -- $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Ogg

    Greenridge Realty (Kentwood)

  • Danielle Landis

    Buyer's Agent in 2015

    Danielle Landis

    Best Homes of Michigan LLC

    (616) 915-9352

    31 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15040206

Southwestern Michigan Association of REALTORS®

APN: 41-08-34-300-041

Michigan Kent County Greenville 48809 Oakfield Township

8585 Mcarthur Ave NE, Greenville, MI

This home is located at 8585 Mcarthur Ave NE, Greenville, MI 48838 since 27 July 2015 and is currently estimated at $136,333. 8585 Mcarthur Ave NE is a home located in Kent County with nearby schools including Woodview Elementary School, Ellis Elementary School, and Belding Middle 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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