Check Availability

4501 Spruce Avenue

4501 Spruce Avenue, Honor, MI 49640
House in Lake
Sold Dec 02, 2019
$117,500
$82,250 by Gold Star Mtg Fin'l Grp
Mortgage Due Dec 01, 2049
Local assessors in Honor, MI have categorized 4501 Spruce Avenue as a residential type of property. The property's lot size has been calculated to be 20,120 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home's a forced air unit is the primary heating source. 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, 4501 Spruce Avenue sold most recently in Nov 15, 2019 for a total of $117,500. 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 $636 in taxes each year. 4501 Spruce Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Log Siding
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: 20,120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DYE BROS SUBD PLATTE LAKES RESORT
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 37-38-39 DYE BROS SUBD PLATTE LAKES RESORT P.A. 4501 SPRUCE AVENUE [[ 589 233977 EST DEED; 0499 BP; 0506 BP; 0510 2010R-02176 QC; 1119 2019R-04853 WD

Ownership

  • Current Owner : MUNRO MARITESS
  • Previous Owner : ELLINGSON B J JR & A T TRUST

Neighborhood

  • School District Name: Benzie County Central School
  • School Tax School District: BENZIE CO CENT
  • Census Tract: 000200

Geography

  • District: 10
  • Parcel: 10-095-032-00
  • Lot: 37-39
  • Municipality: LAKE TWP
  • Latitude: 44.6964
  • Longitude: -86.0768

    Address

  • Full Address: 4501 Spruce Ave
  • Address - House Number: 4501
  • Address - Street Name: Spruce
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Honor
  • Carrier Code: R001
  • 4-Digit Zip Code: 9782
  • Zip Code: 49640

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636

    Appraisal Valuation

  • Standard Deviation: 0.254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 252,372
  • High Value: 316,487
  • Low Value: 188,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,250
  • First Open Lien Mortgage Lender: GOLD STAR MTG FIN'L GRP
  • First Open Lien Mortgage Recording Date: Dec 02, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $82,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $177,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,500

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Transaction ID: 11788372573
  • Current Sale Price: $117,500
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MTG FIN'L GRP
  • First Mortgage Transaction Date: Dec 02, 2019
  • First Mortgage Loan Amount: $82,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Benzie



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4501 Spruce Avenue located in?
The 4501 Spruce Avenue is a house located in the neighborhood of Lake in Benzie, Honor.
What is the average sales price for listings in 4501 Spruce Avenue?
The average sales price for units in 4501 Spruce Avenue is $0 currently.

Quantcast