NOT LISTED FOR SALE

Estimated Value: $204,000 - $277,000

3 Beds
1 Bath
1,174 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $110,000 $94 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,426/month

18 Days on Market

Highlights

  • 14.29 Acre Lot
  • Wood Burning Stove
  • Main Floor Bedroom
  • Memphis Elementary School Rated 9+
  • Pole Barn
  • Farmhouse Style Home

About This Home

As of January 2016

Cute farmhouse on over 14 Acres in Wales Township. This home features 3 bedrooms (1 of which is the entire upstairs), 1 newer bathroom, updated plumbing throughout including plumbing run to the upstairs for the addition of another bathroom. Stay cozy in the winter with a newer pellet burning wood stove in addition to another wood stove in the kitchen, both of which supplement the baseboard hot water heat. Lots of trees keep the home and yard cool in the summer. Also, this property includes a 30 X 40 pole barn, a 30 x 20 barn and a 10 X 10 greenhouse. Just off a paved road and close to I-69. Kitchen appliances, washer and dryer are included in the sale. This home and property have awesome potential.

Last Agent to Sell the Property

James Gilbert

J L Smith Realty LLC License #MISPE-6501377573 Listed on: 09/21/2015

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Lot Details

  • 14.29 Acre Lot
  • Lot Dimensions are 460 x 1356
  • Rural Setting

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,174 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pole Barn
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 74-31-016-2004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: Wood Stove
  • Bedrooms: 3
  • Bedroom 1: On Entry Level
  • Bedroom 2: On Entry Level
  • Bedroom 3: On Upper Floor
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Bedroom, First Floor Laundry, Utility/Laundry Room
  • Breakfast Nook: On Entry Level
  • Kitchen: On Entry Level
  • Kitchen Features: Breakfast Nook/Room
  • Laundry: On Entry Level
  • Living Room: On Entry Level
  • Above Grade Finished Sq Ft: 1174
  • Total Finished Sq Ft: 1174

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 460
  • Road: City/County, Gravel
  • Out Buildings: Barn, Pole Barn

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 74-31-016-2004-000
  • Zoning: Residential
  • Location: Rural
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 460 X 1356
  • Acreage: 14.29
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $379.28
  • Winter Tax: Year: 2014, Amount: $555.18

MLS Schools

  • School District: Memphis Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jan 28, 2016
Sold by
Lafata Mary Noreen
Bought by
Kargula Jeremy E
Seller's Agent
James Gilbert
J L Smith Realty LLC
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$249,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,402
Avg. Annual Appreciation
9.19%
Original Mortgage
$108,007
Outstanding Balance
$88,690
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$167,211
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
Kargula Jeremy E $110,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kargula Jeremy E $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $110,000 -8.3% $94 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $119,900 -- $102 / Sq Ft
Source: Michigan Multiple Listing Service

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 $836 $87,800 $0 $0
2024 $836 $84,300 $0 $0
2023 $796 $77,400 $0 $0
2022 $1,368 $72,300 $0 $0
2021 $1,285 $64,800 $0 $0
2020 $1,285 $57,500 $57,500 $0
2019 $1,267 $39,700 $0 $0
2018 $1,235 $39,700 $0 $0
2017 $1,085 $37,000 $0 $0
2016 $380 $37,000 $0 $0
2015 -- $38,200 $38,200 $0
2014 -- $35,900 $35,900 $0
2013 -- $35,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31263441

Michigan Multiple Listing Service

APN: 31-016-2004-000