$68,000
SOLD DEC 23, 2016

8704 Kephart Ln Berrien Springs, MI 49103

3 Beds
1.5 Baths
1,260 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Baseboard Heating
  • Berrien Springs High School Rated A-
  • Living Room
  • Dining Area

About This Home

As of March 2018

GREAT BUY AND AREA , JUST MINUTES FROM ANDREWS UNIVERSITY. VERY STRAIGHT RANCH WITH PRIVATE YARD AND SETTING. LARGE OPEN BASEMENT FOR STORAGE OR POSSIBLE ADDITIONAL LIVING SPACE

Last Agent to Sell the Property

Thomas Tracey

RE/MAX Modern Realty, Inc. License #6501190463 Listed on: 11/18/2016

Last Buyer's Agent

Angela Nutto

Keller Williams Realty Swm License #6501330577

Keller Williams Realty Swm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100X100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1260.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1158.0
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1260.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1260.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 65000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 100X100
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2017
Closed on
Mar 22, 2018
Sold by
Nelson Gerald and Nelson Bernice
Bought by
Nay John R and Nay Judith A
Seller's Agent
Scott McLauchlin
McLauchlin Realty, Inc.
Buyer's Agent
Jeanne Hass
Century 21 Affiliated
List Price
$132,500
Sold Price
$124,700
Premium/Discount to List
-$7,800
-5.89%
Current Estimated Value
$212,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,987
Avg. Annual Appreciation
7.52%
Original Mortgage
$99,000
Outstanding Balance
$59,582
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$153,105

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 13, 2016
Sold by
Finance Of America Reverse Llc
Bought by
Nelson Bernice and Nelson Gerald
Seller's Agent
Thomas Tracey
RE/MAX Modern Realty, Inc.
Buyer's Agent
Angela Nutto
Keller Williams Realty Swm
List Price
$65,000
Sold Price
$68,000
Premium/Discount to List
$3,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.07%

Purchase Details

Closed on
Sep 22, 2016
Sold by
Gillman Florence C and Gillman Christopher
Bought by
Finance Of America Reverse Llc
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 Type Sale Price Title Company
Warranty Deed $124,700 First American Title
Deed $68,000 None Available
Deed In Lieu Of Foreclosure -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,000 New Conventional
Previous Owner $156,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $124,700 -5.9% $99 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
08/13/2017 08/13/17 For Sale $132,500 +94.9% $105 / Sq Ft
12/23/2016 12/23/16 Sold $68,000 +4.6% $54 / Sq Ft
11/24/2016 11/24/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $65,000 -- $52 / 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 $2,762 $79,100 $0 $0
2024 $2,121 $72,700 $0 $0
2023 $2,032 $70,100 $0 $0
2022 $1,970 $63,000 $0 $0
2021 $2,423 $57,600 $0 $0
2020 $2,402 $54,000 $0 $0
2019 $2,393 $54,500 $9,800 $44,700
2018 $2,347 $54,500 $0 $0
2017 $2,397 $54,200 $0 $0
2016 $1,176 $47,500 $0 $0
2015 $1,178 $45,600 $0 $0
2014 $846 $48,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16057538

Southwestern Michigan Association of REALTORS®

APN: 11-15-4270-0238-00-4