NOT LISTED FOR SALE

92675 Cedar Lake Ave Marcellus, MI 49067

Estimated Value: $382,000 - $486,022

2 Beds
2 Baths
1,248 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $106,000 $85 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $2,464/month

112 Days on Market

Highlights

  • A-Frame, Dome or Log Home
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2014

Private Setting for this unique Log Home. House is unfinished. Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 03/24/2014. ________________________________________

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 03/05/2014

Weichert Realtors-Gold Star

Co-Listed By

TARAH SHETERON

Cressy & Everett Real Estate License #6501334297

Last Buyer's Agent

Candace Dunham

Welcome Home Real Estate LLC License #6502375352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1998

Lot Details

  • 2.2 Acre Lot

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • A-Frame, Dome or Log Home
  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

Built in 1998

Lot Details

2.2 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Log Home
  • Stories: 2
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 80.05
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1248.0
  • Tax Info:Annual Property Tax: 2575.0
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1248.0
  • General Property Info Garage YN: Yes
  • Architectural Style Log Home: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1248.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1248.0

Exterior Features

  • Construction Materials: Log
  • List Price: 99900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Log: 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: Forced Air, None
  • Heating: No
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.2
  • Lot Size Area: 2.2
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 95832.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2575.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Jul 1, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lincoln Heather
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
Candace Dunham
Welcome Home Real Estate LLC
List Price
$99,900
Sold Price
$106,000
Premium/Discount to List
$6,100
6.11%
Current Estimated Value
$420,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,506
Avg. Annual Appreciation
12.52%
Original Mortgage
$102,180
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Townsend Jerry C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 2, 2006
Sold by
Townsend Frank
Bought by
Townsend Jerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,329
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2006
Sold by
Townsend Frank
Bought by
Townsend Frank Marvin and The Frank Townsend Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,329
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2001
Sold by
Townsend Jerry C and Townsend Kelli L
Bought by
Townsend Frank

Purchase Details

Closed on
Mar 23, 1998
Sold by
Townsend Frank and Townsend Laura J
Bought by
Townsend Jerry and Townsend Kelli
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
Lincoln Heather $106,000 Ptt Title
Federal Home Loan Mortgage Corporation $185,076 None Available
Townsend Jerry C $159,580 Landamerica
Townsend Frank Marvin -- None Available
Townsend Frank $190,000 --
Townsend Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lincoln Heather $102,180
Previous Owner Townsend Jerry C $158,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $106,000 +6.1% $85 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $99,900 -- $80 / Sq Ft
Source: MichRIC

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 $3,649 $241,900 $0 $0
2024 $1,498 $190,300 $0 $0
2023 $1,427 $167,400 $0 $0
2022 $3,266 $160,400 $0 $0
2021 $3,327 $155,600 $0 $0
2020 $3,332 $142,600 $15,300 $127,300
2019 $3,310 $139,500 $139,500 $0
2018 $3,251 $130,200 $130,200 $0
2017 $2,977 $114,500 $0 $0
2016 $3,012 $116,900 $0 $0
2015 $3,202 $116,900 $0 $0
2014 $3,053 $102,500 $0 $0
2013 -- $100,800 $100,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Brown

    Seller's Agent in 2014

    Jeffrey Brown

    Weichert Realtors-Gold Star

    (574) 320-2365

    75 Total Sales

    Jeffrey Brown
    Section Image
  • TARAH SHETERON

    Seller Co-Listing Agent in 2014

    TARAH SHETERON

    Cressy & Everett Real Estate

    (269) 876-9276

    141 Total Sales

    TARAH SHETERON
    Section Image

  • C

    Buyer's Agent in 2014

    Candace Dunham

    Welcome Home Real Estate LLC

    (269) 694-9370

    59 Total Sales

    Candace Dunham
    Section Image
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Map

Source: MichRIC

MLS Number: 14009661

MichRIC

APN: 80-16-033-004-06

Michigan Van Buren County Marcellus 49067

92675 Cedar Lake Ave, Marcellus, MI

Not Listed for Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
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