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1220 Pearl Street

1220 Pearl Street, Lake Odessa, MI 48849
Property in Odessa
Sold Jun 04, 2021
$175,000
$171,830 by First Heritage Fin'l Llc
Mortgage
Sold Aug 12, 2010
$56,000
$55,215 by Independent Mortgage Co
Mortgage Due Sep 01, 2040
Local assessors in Lake Odessa, MI have categorized 1220 Pearl Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 660 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1220 Pearl Street has a total of 1,516 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 888 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. The home's a forced air unit is the primary heating source. 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, 1220 Pearl Street was last sold in May 26, 2021 for $175,000. According to our calculations, that's $115.44 per sqft. Prior to that sales transaction, the property was sold for $56,000 in Aug 9, 2010. Current property owners are expected to pay $1,817 in taxes per year. The property on 1220 Pearl Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,900. To break that down further, the land itself was valued at $11,900. While improvements to the property were assessed at a total of $56,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 453
  • Garage Type: Garage
  • Garage Square Area: 888
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF LAKE ODESSA JOHNSONS ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF LAKE ODESSA JOHNSONS ADD TO VILLAGE OF BONANZA LOT 30 ODESSA TWP, IONIA COUNTY, MICHIGAN

Ownership

  • Current Owner : PHILLIPS ASHLEY
  • Previous Owner : TYLER OESCH
  • Owner Before Previous Owner: COLLIER CHARLOTTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lakewood Public Schools
  • School Tax School District: LAKEWOOD
  • Census Tract: 031200

Geography

  • District: 101
  • Parcel: 34-101-150-000-110-00
  • Lot: 30
  • Municipality: LAKE ODESSA VILLAGE
  • Latitude: 42.7854
  • Longitude: -85.1356

    Address

  • Full Address: 1220 Pearl St
  • Address - House Number: 1220
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lake Odessa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1143
  • Zip Code: 48849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,817
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 206,315
  • High Value: 248,658
  • Low Value: 163,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,830
  • First Open Lien Mortgage Lender: FIRST HERITAGE FIN'L LLC
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $135,800
  • Market Land Value: $23,800
  • Market Improvement Value: $112,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,900
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $56,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11877838366
  • Current Sale Price: $175,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 12, 2010
  • Previous Sale Contract Date: Aug 09, 2010
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE FIN'L LLC
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 12, 2010
  • Previous Mortgage Loan Amount: $55,215
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Lake Odessa



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1175 Emerson St #One Bedroom, Lake Odessa, MI, 48849 Listing by Emerson Manor Apartments

Frequently Asked Questions

What neighborhood is 1220 Pearl Street located in?
The 1220 Pearl Street is a located in the neighborhood of Odessa in Lake Odessa, Lake Odessa.
What is the average sales price for listings in 1220 Pearl Street?
The average sales price for units in 1220 Pearl Street is $0 currently.

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