NOT LISTED FOR SALE

9263 W School Section Lake Dr Mecosta, MI 49332

Estimated Value: $200,000 - $258,000

3 Beds
1.5 Baths
1,464 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $105,000 $72 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,497/month

31 Days on Market

Highlights

  • Water Access
  • Corner Lot: Yes
  • Shed
  • Deck
  • 2 Car Detached Garage
  • Kitchen Island

About This Home

As of March 2023

Wake up every morning to the sunrise over School Section Lake. Home sits across the street from the lake and is slightly elevated. Home offers 3 bedrooms, possibly 4 and 1.5 baths with a finished walkout basement. This home is just waiting for it's new owners to make it their own. Enjoy boating, fishing and other watersports on this all sports lake.

Last Agent to Sell the Property

Yvonne Meyer

RiverTown Real Estate License #6506046514 Listed on: 02/04/2023

Last Buyer's Agent

Yvonne Meyer

RiverTown Real Estate License #6506046514 Listed on: 02/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1963

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 71x148
  • Corner Lot: Yes

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Kitchen Island
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Deck
  • Shed
  • Storage Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1963

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: 1963
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 71x148
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1464.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1024.8
  • Waterfront Options:Water Access YN: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Heat Type:Wall Furnace: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 984.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial, Walk-Out Access
  • LivingArea: 1464.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 480.0
  • Basement Rooms:Total Basement SQFT: 480.0
  • Kitchen Features:Center Island: Yes
  • Below Grade Sq Ft: 480.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 71x148
  • Lot Size Sq Ft: 10498.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1024.8
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 10, 2023
Sold by
Vrmtg Asset Trust
Bought by
Crandall Darrel and Crandall Sandra
Seller's Agent
Yvonne Meyer
RiverTown Real Estate
Buyer's Agent
Yvonne Meyer
RiverTown Real Estate
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%
Views
544
Current Estimated Value
$228,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,827
Avg. Annual Appreciation
31.14%

Purchase Details

Closed on
Jul 20, 2022
Sold by
Olsen Jon and Olsen Renae
Bought by
Us Bank Trust Na and Vrmtg Asset Trust

Purchase Details

Closed on
Oct 29, 2015
Sold by
Olsen Jon Duane
Bought by
Dubridge Renae Kay

Purchase Details

Closed on
May 18, 2006
Sold by
Dubridge Leon J and Dubridge Helen T
Bought by
Olsen Jon and Olsen Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Crandall Darrel $105,000 Parks Title
Us Bank Trust Na $82,159 --
Dubridge Renae Kay -- Attorney
Olsen Jon $44,000 First American Title Ins
Dubridge Leon J -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Jon $74,750
Previous Owner Olsen Jon $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $105,000 +5.1% $72 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $99,900 -- $68 / 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 $3,121 $76,300 $0 $0
2024 -- $68,900 $0 $0
2023 -- $62,900 $0 $0
2022 $0 $49,600 $0 $0
2021 -- $49,100 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23003605

Southwestern Michigan Association of REALTORS®

APN: 5411-067-090-000