NOT LISTED FOR SALE

887 N Canada Rd Bailey, MI 49303

Estimated Value: $460,418

3 Beds
1.5 Baths
1,840 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $77,500 $42 Per Sq Ft

Est. 494% increase in value since last sale

Current estimated payment $2,639/month

48 Days on Market

Highlights

  • Stables
  • 1 Fireplace
  • Wood Siding
  • Pole Barn
  • Attached Garage
  • No Heating

About This Home

As of October 2012

Walkout, 3 bedroom 2 bath on 3.95 acres. Two large outbuildings/stables, 1 is 60x136 with riding arena and 17 stalls, other is 56x100 with 15 stalls. Property recently surveyed and there are no boundary disputes or issues. Home will need some repair (mechanical and electrical) and updating to buyers needs. First 2 pictures of aerial and survey show how the property lines lie on the property. Home is a foreclosure with local bank, will receive quick communication on offers. Property sold as is and buyer to verify all information to their satisfaction.

Last Agent to Sell the Property

Denise Maghielse

Real Estate with Maghielse &Co Listed on: 08/09/2012

Co-Listed By

Paul Eslinger

Five Star Real Estate (Courtland)

Last Buyer's Agent

Edward Hansen

Keller Williams GR North (Main) License #6502376437

Keller Williams GR North (Main)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 3.95

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • No Heating
  • Water Not Available
  • Well
  • Septic System

Additional Features

  • Pole Barn
  • 3.95 Acre Lot
  • Stables

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 54.29
  • General Property Info:Lot Dimensions: See survey
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1840.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Outbuildings:Stable: Yes
  • General Property Info:SqFt Above Grade: 1840.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Walk Out
  • LivingArea: 1840.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 99900.0
  • Other Structures: Pole Barn, Stable(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic System
  • Water Source: Well, None
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 3.95
  • Lot Size Area: 3.95
  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 172062.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Atwood Julie A and Atwood Julie Ann
Bought by
Stracuzzi Brandon
Current Estimated Value
$460,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Outstanding Balance
$168,198
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$292,220

Purchase Details

Closed on
Jun 18, 2015
Sold by
Atwood Julie A
Bought by
Atwood Julie A

Purchase Details

Closed on
Feb 11, 2011
Sold by
Slot David J and Slot Sonia K
Bought by
Mercantile Bank Mortgage Company Llc

Purchase Details

Closed on
Dec 11, 2009
Sold by
Slot David J and Slot Sonia K
Bought by
Mercantile Bank Mortgage Company Llc

Purchase Details

Closed on
Aug 14, 2008
Sold by
Slot Sonia K
Bought by
Slot David J and Slot Sonia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,879
Interest Rate
6.42%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Stracuzzi Brandon $260,000 Transnation Title Agcy Of Mi
Atwood Julie A -- None Available
Mercantile Bank Mortgage Company Llc $112,642 Rei
Mercantile Bank Mortgage Company Llc $226,233 Rei
Slot David J -- The Closing Office Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stracuzzi Brandon $191,000
Previous Owner Slot David J $226,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $77,500 -29.5% $42 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $109,900 -- $60 / Sq Ft
Source: MichRIC

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 $2,782 $241,900 $0 $0
2024 $1,234 $213,900 $0 $0
2023 $1,180 $175,500 $0 $0
2022 $2,558 $160,400 $0 $0
2021 $2,523 $149,500 $0 $0
2020 $2,499 $135,300 $0 $0
2019 $2,457 $102,300 $0 $0
2018 $2,520 $95,800 $0 $0
2017 $2,545 $92,900 $0 $0
2016 $1,006 $93,600 $0 $0
2015 -- $83,900 $0 $0
2014 -- $83,900 $0 $0
2013 -- $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12043160

MichRIC

APN: 13-009-400-0003-00