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324 East Exchange Street

324 East Exchange Street, Spring Lake, MI 49456
House in Spring Lake
Sold Jun 06, 2022
$225,000
324 East Exchange Street has been categorized by the local assessors in Spring Lake, MI as a residential type of property. The building on the property was first built in 1882 and is 142 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. In addition, 324 East Exchange Street has 1,645 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 1,320 ft and across the front of the lot is 990 ft. The area measurement of the land has been determined as 13,068 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. In terms of heating, it 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, 324 East Exchange Street was last sold in Jun 3, 2022 for $225,000. According to our calculations, that's $136.78 per sqft. Current property owners are expected to pay $5,977 in taxes per year. The property on 324 East Exchange Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $115,100. 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. 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!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

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

Building Info

Overview

    General

  • Year Built: 1882
  • Effective Year Built: 1882
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Basement Type: Unspecified basement
  • Basement Area: 839
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,645
  • Building Area: 1,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S PLAT
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 47 KOSTER'S ASSESSOR'S PLAT NO 2

Ownership

  • Current Owner : PAMELA ANN DROZD LIVING TRUST
  • Previous Owner : HOMAN ROBERT E
  • Previous Owner 2: HOMAN JANICE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Spring Lake Public Schools
  • School Tax School District: SPRING LAKE
  • Census Tract: 021100

Zoning

  • Zoning: SFR-A

Geography

  • District: 07
  • Parcel: 70-03-15-455-006
  • Block: 455
  • Lot: 47
  • Meridian: SEC 15 TWN 5N RNG 16W
  • Municipality: SPRING LAKE VILLAGE
  • Latitude: 43.0754
  • Longitude: -86.1917

    Address

  • Full Address: 324 E Exchange St
  • Address - House Number: 324
  • Street Direction: E
  • Address - Street Name: Exchange
  • Address - Suffix Type: St
  • State: MI
  • City Name: Spring Lake
  • Carrier Code: C001
  • 4-Digit Zip Code: 2023
  • Zip Code: 49456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,977

    Appraisal Valuation

  • Standard Deviation: 0.0737
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 257,496
  • High Value: 276,497
  • Low Value: 238,495

    Market Valuation

  • Market Total Value: $230,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11890330560
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21026

About Spring Lake



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 324 East Exchange Street located in?
The 324 East Exchange Street is a house located in the neighborhood of Spring Lake in Spring Lake, Spring Lake.
What is the average sales price for listings in 324 East Exchange Street?
The average sales price for units in 324 East Exchange Street is $0 currently.

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