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275 East Read Street

275 East Read Street, Marcellus, MI 49067
Property in Marcellus
Sold Aug 11, 2020
$72,000
$72,727 by Amerifirst Financial Corp
Mortgage Due Sep 01, 2050
Sold Aug 29, 2005
$55,000
275 East 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 7,841 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. 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, 275 East Read Street sold most recently in Aug 4, 2020 for a total of $72,000. Before that, the property was also sold for $55,000 in Aug 24, 2005. 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 $929 in taxes each year. 275 East Read Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,200. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • 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
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 392-867 357-651 64 VIL MARCELLUS LOT 18 B2N-2E.

Ownership

  • Current Owner : STEINBERGER DUSTIN
  • Previous Owner : WISEMAN MARLE L
  • Owner Before Previous Owner: WELBURN EVA ELAINE
  • 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: 14-051-512-018-00
  • Lot: 18
  • Municipality: MARCELLUS VILLAGE
  • Latitude: 42.0283
  • Longitude: -85.8111

    Address

  • Full Address: 275 E Read St
  • Address - House Number: 275
  • Street Direction: E
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MI
  • City Name: Marcellus
  • Carrier Code: R001
  • 4-Digit Zip Code: 9582
  • Zip Code: 49067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929

    Appraisal Valuation

  • Standard Deviation: 0.3717
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 25
  • Final Value: 166,083
  • High Value: 227,817
  • Low Value: 104,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,727
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $72,727
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $104,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11783488973
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $72,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2050

About Marcellus



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Frequently Asked Questions

What neighborhood is 275 East Read Street located in?
The 275 East Read Street is a located in the neighborhood of Marcellus in Marcellus, Marcellus.
What is the average sales price for listings in 275 East Read Street?
The average sales price for units in 275 East Read Street is $0 currently.

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