NOT LISTED FOR SALE

9500 Old M 62 Eau Claire, MI 49111

Estimated Value: $248,000 - $536,000

3 Beds
2 Baths
1,400 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $34,000 $24 Per Sq Ft

Est. 960% increase in value since last sale

Current estimated payment $2,135/month

9 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Recreation Room
  • Living Room
  • Dining Area

About This Home

As of January 2017

''This property is now under auction terms. All offers to include pre-auction offers must be submitted via the website at www.hudsonandmarshall.com. This property is subject to a buyer's premium of 5% of the high bid or minimum of $2,000.00 pursuant to the Auction Terms & Conditions.'' Pre-Auction 11-30-16 to 12-14-16, Auction Dates 12-19-16 to 12-21-16.

Last Listed By

Beth Van

Bon Realty License #6502103167 Listed on: 12/13/2016

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1989

Lot Details

  • 1.43 Acre Lot
  • 300 Feet of Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Water Views
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

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
  • Reserve Auction

Property Details

Home Type

Manufactured Home

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1400.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Road Surface Type: Paved
  • Water Body Name: Brush Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 1.43
  • Lot Size Area: 1.43
  • Lot Dimensions: See Legal Description
  • Lot Size Sq Ft: 62290.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2483.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Nitz Steven M and Nitz Josefina M
Bought by
Demski Michael E and Demski Teresa
Total Days on Market
9
Current Estimated Value
$360,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$187,393
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$190,956

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jan 27, 2017
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Nitz Steven M and Nitz Josefina M
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Alex Caban
Bon Realty
List Price
$120,690
Sold Price
$34,000
Premium/Discount to List
-$86,690
-71.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.78%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Branch Banking & Trust Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 12, 2013
Sold by
Crowder Larry A and Crowder Kathy D
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jun 23, 2004
Sold by
Wilson Gerald A
Bought by
Crowder Larry A and Crowder Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2001

Purchase Details

Closed on
May 8, 2000

Purchase Details

Closed on
Feb 21, 1992

Purchase Details

Closed on
Sep 14, 1984

Range of Values:

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Average Value
Not Available
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
Demski Michael E $275,000 First American Title
Nitz Steven M $34,000 Chicago Title
The Secretary Of Housing & Urban Develop -- Attorney
Branch Banking & Trust Company $136,985 None Available
Crowder Larry A $97,994 --
-- $110,000 --
-- -- --
-- $85,000 --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demski Michael E $220,000
Previous Owner Crowder Larry A $134,846
Previous Owner Crowder Larry A $12,636
Previous Owner Crowder Larry A $134,995
Previous Owner Crowder Larry A $134,995
Previous Owner Crowder Larry A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $34,000 -71.8% $24 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/13/2016 12/13/16 For Sale $120,690 -- $86 / 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
2024 $1,639 $137,900 $0 $0
2023 $1,561 $119,700 $0 $0
2022 $1,487 $110,000 $0 $0
2021 $1,968 $104,000 $14,900 $89,100
2020 $1,924 $100,800 $0 $0
2019 $1,889 $76,600 $14,600 $62,000
2018 $2,169 $76,600 $0 $0
2017 $1,614 $40,600 $0 $0
2016 $1,673 $42,700 $0 $0
2015 $2,523 $65,600 $0 $0
2014 $960 $64,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16022071

Southwestern Michigan Association of REALTORS®

APN: 11-04-0001-0003-01-0