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12898 Burroughs Street Southeast

12898 Burroughs Street Southeast, Lowell, MI 49331
Property in Vergennes
Sold Oct 16, 2020
$325,000
$308,750 by Ruoff Mortgage Company Inc
Mortgage Due Oct 01, 2050
Sold Jun 27, 1994
$127,500
12898 Burroughs Street Southeast has been categorized by the local assessors in Lowell, MI as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12898 Burroughs Street Southeast has 1,432 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 122,404 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12898 Burroughs Street Southeast sold most recently in Sep 1, 2020 for a total of $325,000. If you work out the math, that's approximately a cost of $226.96 per sqft. Before that, the property was also sold for $127,500 in Jun 27, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,309 in taxes each year. 12898 Burroughs Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,432
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 122,404
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART GOVT LOT 8 COM ON E&W 1/4 LINE 566 FT E OF W 1/4 COR TH S 3D 44M W 373 FT TH W PAR WITH E&W 1/4 LINE 360.1 FT M/L TO E

Ownership

  • Current Owner : RAGUSE DAVID M
  • Previous Owner : CRAFT CHRISOTPHER C
  • Previous Owner 2: CRAFT KATHLEEN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Lowell Area Schools
  • School Tax School District: LOWELL
  • Census Tract: 012003

Zoning

  • Zoning: R-1 FR

Geography

  • District: 31
  • Parcel: 41-16-26-301-001
  • Lot: 8
  • Meridian: SEC 26 TWN 07N RNG 09W
  • Municipality: VERGENNES TWP
  • Latitude: 42.9652
  • Longitude: -85.35

    Address

  • Full Address: 12898 Burroughs St
  • Address - House Number: 12898
  • Address - Street Name: Burroughs
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lowell
  • Carrier Code: R001
  • 4-Digit Zip Code: 9705
  • Zip Code: 49331

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,309
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 380,721
  • High Value: 440,736
  • Low Value: 320,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,750
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $308,750
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $244,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,200

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11804470060
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202010160096549
  • Previous Sale Recording Date: Jun 27, 1994
  • Previous Sale Contract Date: Jun 27, 1994
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $308,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Kent



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Frequently Asked Questions

What neighborhood is 12898 Burroughs Street Southeast located in?
The 12898 Burroughs Street Southeast is a located in the neighborhood of Vergennes in Kent, Lowell.
What is the average sales price for listings in 12898 Burroughs Street Southeast?
The average sales price for units in 12898 Burroughs Street Southeast is $0 currently.

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