NOT LISTED FOR SALE

8920 S Redwood Dr Newaygo, MI 49337

Estimated Value: $287,000 - $1,137,578

2 Beds
1.5 Baths
1,250 Sq Ft
$641/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $160,000 $128 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $5,076/month

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of June 2015

Handyman Special!! This home is in need of extensive repair. Waterfront lot with beautiful views of Hess Lake. Sold As is. Call today for your personal tour! FMFL only offers until 8/9/14.

Last Agent to Sell the Property

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 06/19/2015

Co-Listed By

Sonja Porter

RiverTown Real Estate

Last Buyer's Agent

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 06/19/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 97x303
  • Private Waterfront
  • 97 Feet of Waterfront
  • The property's road front is unimproved

Parking

  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 97x303
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1250.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1918.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 97.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1250.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1250.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 500.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 54900.0
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Hess Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Dimensions: 97x303
  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jun 4, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thompson Leon
Seller's Agent
Lori Brock
RiverTown Real Estate
Buyer's Agent
Lori Brock
RiverTown Real Estate
List Price
$54,900
Sold Price
$160,000
Premium/Discount to List
$105,100
191.44%
Current Estimated Value
$801,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,526
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Brenner Raymond
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 5, 2003
Sold by
Lopez Darlene
Bought by
Postema Russell
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Leon $160,000 None Available
Federal Home Loan Mortgage Corporation $70,054 --
Postema Russell -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 For Sale $54,900 -65.7% $44 / Sq Ft
06/04/2015 06/04/15 Sold $160,000 -- $128 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
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 $9,909 $558,800 $0 $0
2024 $56 $512,500 $0 $0
2023 $5,344 $438,800 $0 $0
2022 $9,173 $366,900 $0 $0
2021 $8,940 $340,900 $0 $0
2020 $14,578 $332,700 $0 $0
2019 $14,441 $323,000 $0 $0
2018 $10,162 $206,500 $0 $0
2017 $10,134 $207,500 $0 $0
2016 $3,374 $67,600 $0 $0
2015 -- $110,300 $0 $0
2014 -- $109,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15032234

Southwestern Michigan Association of REALTORS®

APN: 19-31-260-008