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242 Cutler Street

242 Cutler Street, Allegan, MI 49010
Property in Allegan
Sold Oct 26, 2021
$255,000
$229,500 by Allegan Community Fcu
Mortgage Due Nov 01, 2051
242 Cutler Street has been categorized by the local assessors in Allegan, MI as a residential type of property. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 242 Cutler Street has 2,667 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 737 ft and across the front of the lot is 587 ft. The area measurement of the land has been determined as 4,312 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 exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 242 Cutler Street sold most recently in Oct 20, 2021 for a total of $255,000. If you work out the math, that's approximately a cost of $95.61 per sqft. 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 $4,884 in taxes each year. 242 Cutler Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $108,500. If we break it down further, the land itself was valued at $8,600. Improvements to the property, however, were assessed at a total of $99,900. 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

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,356
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Lot Size Depth Feet: 737
  • Lot Size Frontage Feet: 587
  • Total Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALLEGAN
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 181 EX NLY 55 FT O. P. SEC 28.

Ownership

  • Current Owner : WALKER WILLIAM L
  • Current Owner 2: STEFFENS ANGELA M
  • Previous Owner : MORTON MICHAEL J
  • Previous Owner 2: MORTON DIANE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 031200

Zoning

  • Zoning: R2 SFR

Geography

  • District: 51
  • Parcel: 51-105-162-00
  • Lot: 181
  • Municipality: ALLEGAN CITY
  • Latitude: 42.5299
  • Longitude: -85.8525

    Address

  • Full Address: 242 Cutler St
  • Address - House Number: 242
  • Address - Street Name: Cutler
  • Address - Suffix Type: St
  • State: MI
  • City Name: Allegan
  • Carrier Code: C004
  • 4-Digit Zip Code: 1259
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,884

    Appraisal Valuation

  • Standard Deviation: 0.2758
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 60
  • Final Value: 266,198
  • High Value: 339,632
  • Low Value: 192,763

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,500
  • First Open Lien Mortgage Lender: ALLEGAN COMMUNITY FCU
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $229,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $217,000
  • Market Land Value: $17,200
  • Market Improvement Value: $199,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,500
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $99,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11861229121
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLEGAN COMMUNITY FCU
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $229,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Allegan



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Frequently Asked Questions

What neighborhood is 242 Cutler Street located in?
The 242 Cutler Street is a located in the neighborhood of Allegan in Allegan, Allegan.
What is the average sales price for listings in 242 Cutler Street?
The average sales price for units in 242 Cutler Street is $0 currently.

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