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120 West Read Street

120 West Read Street, Marcellus, MI 49067
Property in Marcellus
Sold Jul 14, 2021
$194,000
$190,486 by Flagstar Bank Fsb
Mortgage Due Aug 01, 2051
Sold Mar 20, 2018
$117,500
$115,371 by Amerifirst Financial Corp
Mortgage Due Apr 01, 2048
120 West Read Street has been categorized by the local assessors in Marcellus, MI as a residential type of property. 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. The property was last sold in Jul 2, 2021 for $194,000. Prior to that sales transaction, the property was also sold in Mar 16, 2018 for $117,500. 120 West Read Street was last assessed in 2023. The total value of the property was assessed at $106,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,352. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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 Frontage Feet: 0
  • 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: NORTH 1 WEST
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 382-1058 338-870 191 B2N-1W VIL MARCELLUS LOT 15 B2N-1W.

Ownership

  • Current Owner : LAMBERT SABRINA
  • Previous Owner : NIX JOSHUA
  • Owner Before Previous Owner: MRRILL WILLIAM JOSEPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marcellus Community Schools
  • School Tax School District: MARCELLUS
  • Census Tract: 001701

Geography

  • District: 050
  • Parcel: 14-051-562-015-00
  • Lot: 15
  • Municipality: MARCELLUS VILLAGE
  • Latitude: 42.0282
  • Longitude: -85.8157

    Address

  • Full Address: 120 W Read St
  • Address - House Number: 120
  • Street Direction: W
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MI
  • City Name: Marcellus
  • Carrier Code: R001
  • 4-Digit Zip Code: 8799
  • Zip Code: 49067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,352

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 254,620
  • High Value: 321,807
  • Low Value: 187,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,486
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $190,486
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $213,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11844805919
  • Current Sale Price: $194,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 20, 2018
  • Previous Sale Contract Date: Mar 16, 2018
  • Previous Sale Amount: $117,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $190,486
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • Previous Mortgage Transaction Date: Mar 20, 2018
  • Previous Mortgage Loan Amount: $115,371
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Marcellus



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Frequently Asked Questions

What neighborhood is 120 West Read Street located in?
The 120 West Read Street is a located in the neighborhood of Marcellus in Marcellus, Marcellus.
What is the average sales price for listings in 120 West Read Street?
The average sales price for units in 120 West Read Street is $0 currently.

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