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120 Palmer Avenue

120 Palmer Avenue, Colon, MI 49040
Property in Colon
Sold Aug 04, 2016
$63,500
$65,295 by Amerifirst Financial Corp
Mortgage Due Sep 01, 2046
Sold Jun 06, 2000
$67,300
Buyer
Seller
120 Palmer Avenue has been categorized by the local assessors in Colon, MI as a residential type of property. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 120 Palmer Avenue was last sold in Aug 1, 2016 for $63,500. Prior to that sales transaction, the property was sold for $67,300 in Jun 6, 2000. Current property owners are expected to pay $0 in taxes per year. The property on 120 Palmer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,600. To break that down further, the land itself was valued at $4,400. While improvements to the property were assessed at a total of $49,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSESSORS PLAT NO 1 VILL OF COLON
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15 ASSESSORS PLAT NO 1 VILL OF COLON.

Ownership

  • Current Owner : FALES WELDON H
  • Previous Owner : SIZEMORE ANNA
  • Previous Owner 2: ROWE ANNA
  • Owner Before Previous Owner: JASKOLSKI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colon Community School District
  • School Tax School District: COLON
  • Census Tract: 041302

Geography

  • District: 041
  • Parcel: 041-060-014-00
  • Lot: 15
  • Municipality: CENTREVILLE VILLAGE
  • Latitude: 41.9572
  • Longitude: -85.3209

    Address

  • Full Address: 120 Palmer Ave
  • Address - House Number: 120
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Colon
  • Carrier Code: R002
  • 4-Digit Zip Code: 9302
  • Zip Code: 49040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 71
  • Final Value: 62,498
  • High Value: 71,526
  • Low Value: 53,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,295
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Aug 04, 2016
  • First Open Lien Mortgage Loan Amount: $65,295
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $107,200
  • Market Land Value: $8,800
  • Market Improvement Value: $98,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,600
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $49,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2016
  • Current Sale Recording Date: Aug 04, 2016
  • Current Sale Transaction ID: 1752840832
  • Current Sale Price: $63,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 06, 2000
  • Previous Sale Contract Date: Jun 06, 2000
  • Previous Sale Amount: $67,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 04, 2016
  • First Mortgage Loan Amount: $65,295
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Colon



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Frequently Asked Questions

What neighborhood is 120 Palmer Avenue located in?
The 120 Palmer Avenue is a located in the neighborhood of Colon in Colon, Colon.
What is the average sales price for listings in 120 Palmer Avenue?
The average sales price for units in 120 Palmer Avenue is $0 currently.

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