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517 1st Street

517 1st Street, Pentwater, MI 49449
Property in Pentwater
Sold Sep 17, 2021
$160,000
$120,000 by American Financial Resources I
Mortgage Due Oct 01, 2051
Sold May 10, 2021
$107,666
517 1st Street has been categorized by the local assessors in Pentwater, MI as a residential type of property. The area measurement of the land has been determined as 8,592 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, 517 1st Street sold most recently in Sep 17, 2021 for a total of $160,000. Before that, the property was also sold for $107,666 in May 5, 2021. 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 $2,654 in taxes each year. 517 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,600. If we break it down further, the land itself was valued at $99,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 8,592
  • 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
  • Subdivision: VILLAGE OF PENTWATER
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 517 E 1ST ST WD795296 QC-L2007P11509LE VILLAGE OF PENTWATER - BLK 52 LOT 1

Ownership

  • Current Owner : PAPARELLA MICHAEL ANGELO
  • Current Owner 2: ESPEJO BRIANA LYNN
  • Previous Owner : PAPARELLA BEVERLY A
  • Owner Before Previous Owner: GRAHAM DONALD O
  • Owner Before Previous Owner 2: BECKE CHERYL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pentwater Public School District
  • School Tax School District: PENTWATER
  • Census Tract: 010800

Geography

  • District: 044
  • Parcel: 044-722-001-00
  • Block: 52
  • Lot: 1
  • Municipality: VILLAGE OF PENTWATER
  • Latitude: 43.7808
  • Longitude: -86.4264

    Address

  • Full Address: 517 1st St
  • Address - House Number: 517
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Pentwater
  • Carrier Code: R002
  • 4-Digit Zip Code: 9580
  • Zip Code: 49449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,654
  • Tax Rate Code Area: 044

    Appraisal Valuation

  • Standard Deviation: 0.2603
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 63
  • Final Value: 242,392
  • High Value: 305,490
  • Low Value: 179,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $199,200
  • Market Land Value: $199,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,600
  • Assessed Land Value: $99,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11860201020
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100006511
  • Previous Sale Recording Date: May 10, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $107,666
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Pentwater



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Frequently Asked Questions

What neighborhood is 517 1st Street located in?
The 517 1st Street is a located in the neighborhood of Pentwater in Pentwater, Pentwater.
What is the average sales price for listings in 517 1st Street?
The average sales price for units in 517 1st Street is $0 currently.

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