NOT LISTED FOR SALE

861 Mayer Rd Wales, MI 48027

Estimated Value: $174,000 - $353,000

4 Beds
1 Bath
1,760 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2012

Last sale price $53,500 $30 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,295 / mo

10 Days on Market

About This Home

As of May 2012

Great Opportunity on this 4 bedroom, 1 bath home in Wales. Home is only studs on the inside. Great layout for someone willing to finish. No electric, plumbing, furnace, drywall etc. Agents: See agent remarks for offer instructions.

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St-Lap License #MISPE-6502321606 Listed on: 04/01/2012

Last Buyer's Agent

Michael Young

Realty Executives Main St-Lap License #MISPE-6501348403

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 677x677x1381x1381

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 74310252011000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

15 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Total Tax Amount: 1403.84
  • Year Built: 1991
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 4: On Upper Floor, Dimensions: 12 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 18 x 10
  • Living Room: On Entry Level, Dimensions: 16 x 14
  • Above Grade Finished Sq Ft: 1760
  • Total Finished Sq Ft: 1760

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 677
  • Road: Gravel

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 74310252011000
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 677x677x1381x1381
  • Section: 25
  • Acreage: 15
  • Map Side Numeric: 17
  • Map Top Alpha: T
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $589.14
  • Winter Tax: Amount: $814.70
  • Total Tax: Amount: $1,403.84

MLS Schools

  • School District: Memphis Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 16, 2012
Sold by
Romig Alexander N
Bought by
Romig Alexander N and Romig Kathleen S
Seller's Agent
Raymond Megie
Realty Executives Main St-Lap
Buyer's Agent
Michael Young
Realty Executives Main St-Lap
List Price
$20,500
Sold Price
$53,500
Premium/Discount to List
$33,000
160.98%
Current Estimated Value
$238,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,833
Avg. Annual Appreciation
11.30%

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 2, 2012
Sold by
Us Bank National Association
Bought by
Romig Alexander N
Seller's Agent
Raymond Megie
Realty Executives Main St-Lap
Buyer's Agent
Michael Young
Realty Executives Main St-Lap
List Price
$20,500
Sold Price
$53,500
Premium/Discount to List
$33,000
160.98%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Ostasiewicz Anthony R
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 8, 2006
Sold by
Raymo Timothy M and Raymo Kelly L
Bought by
Ostasiewicz Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romig Alexander N -- None Available
Romig Alexander N $53,500 None Available
Us Bank National Association $146,651 None Available
Ostasiewicz Anthony R $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ostasiewicz Anthony R $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2012 05/11/12 Sold $53,500 +161.0% $30 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $20,500 -- $12 / Sq Ft
Source: Michigan Multiple Listing Service

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 $488 $37,800 $0 $0
2024 $473 $35,000 $0 $0
2023 $451 $29,400 $0 $0
2022 $696 $29,400 $0 $0
2020 $645 $26,600 $26,600 $0
2019 $633 $31,500 $0 $0
2018 $622 $31,500 $0 $0
2017 $614 $31,900 $0 $0
2016 $255 $31,900 $0 $0
2015 -- $22,200 $22,200 $0
2014 -- $23,800 $23,800 $0
2013 -- $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Raymond Megie

    Realty Executives

  • M

    Buyer's Agent in 2012

    Michael Young

    Realty Executives

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31096811

Michigan Multiple Listing Service

APN: 31-025-2011-000

Michigan St. Clair County Wales 48027

861 Mayer Rd, Wales, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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