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1875 Murphy Lake Road

1875 Murphy Lake Road, Silverwood, MI 48760
Property in Rich
Sold Jun 24, 2009
$60,000
Hud
Seller
$66,938 by Icon Mortgage Lending Inc
Mortgage
Sold Dec 19, 2007
$145,422
1875 Murphy Lake Road in Silverwood, MI was first built in 1977 and is 47 years old. This has been categorized as a residential property type. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1875 Murphy Lake Road has 1,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 217,582 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 528 sqft. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood shingle. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit. 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, 1875 Murphy Lake Road was last sold in Jun 1, 2009 for $60,000. According to our calculations, that's $51.02 per sqft. Prior to that sales transaction, the property was sold for $145,422 in Dec 12, 2007. Current property owners are expected to pay $613 in taxes per year. The property on 1875 Murphy Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $77,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,176
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,582
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 4.995
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 18 12 101 000 00 SEC 10 T10N R10E THE E 400 FT OF THE W 1342 FT OF THE S 544 FTOF THE SW 1/4 OF THE SE 1/4.

Ownership

  • Current Owner : KLOSS RODNEY J
  • Previous Owner : HUD
  • Owner Before Previous Owner: PUTNAM REX H
  • Owner Before Previous Owner 2: PUTNAM LISA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mayville Community School District
  • School Tax School District: MAYVILLE
  • Census Tract: 330500

Zoning

  • Zoning: AR

Geography

  • District: 018
  • Parcel: 018-010-016-00
  • Meridian: SEC 10 TWN 10N RNG 10E
  • Municipality: RICH TWP
  • Latitude: 43.2951
  • Longitude: -83.2823

    Address

  • Full Address: 1875 Murphy Lake Rd
  • Address - House Number: 1875
  • Address - Street Name: Murphy Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Silverwood
  • Carrier Code: R021
  • 4-Digit Zip Code: 9528
  • Zip Code: 48760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 176,053
  • High Value: 220,006
  • Low Value: 132,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,938
  • First Open Lien Mortgage Lender: ICON MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Loan Amount: $66,938
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $154,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2009
  • Current Sale Recording Date: Jun 24, 2009
  • Current Sale Transaction ID: 1151469752
  • Current Sale Price: $60,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 19, 2007
  • Previous Sale Contract Date: Dec 12, 2007
  • Previous Sale Amount: $145,422
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: POLARIS HOME FUNDING CORP
  • First Mortgage Transaction Date: Jun 24, 2009
  • First Mortgage Loan Amount: $73,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 01, 2039

About Lapeer



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Frequently Asked Questions

What neighborhood is 1875 Murphy Lake Road located in?
The 1875 Murphy Lake Road is a located in the neighborhood of Rich in Lapeer, Silverwood.
What is the average sales price for listings in 1875 Murphy Lake Road?
The average sales price for units in 1875 Murphy Lake Road is $0 currently.

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