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5221 Ostlund Drive

5221 Ostlund Drive, Hope, MI 48628
Property in Billings
Sold Oct 25, 2018
$175,000
$140,000 by Jpmorgan Chase Bk Na
Mortgage Due Nov 01, 2048
This has been categorized as a residential property type. The linear feet across the front of the lot is 1,230 ft and the linear feet between the front and back of the lot is 1,165. In total, the area measurement of the land is 14,375 square feet.

Learn more about the property and building on this page. 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, 5221 Ostlund Drive sold most recently in Oct 10, 2018 for a total of $175,000. 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 $1,026 in taxes each year. 5221 Ostlund Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $81,900. Improvements to the property, however, were assessed at a total of $81,900. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 14,375
  • Lot Size Depth Feet: 1,165
  • Lot Size Frontage Feet: 1,230
  • 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: OSTLUND SUB
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 17 1E OSTLUND SUB LOT 28 & N 1/2 OF LOT 27

Ownership

  • Current Owner : SPENCER GERALD R
  • Current Owner 2: SPENCER TABITHA L
  • Previous Owner : LYNCH BRIAN A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Beaverton Rural Schools
  • School Tax School District: BEAVERTON
  • Census Tract: 000900

Zoning

  • Zoning: RESIDEN

Geography

  • District: 030
  • Parcel: 030-185-000-027-00
  • Lot: 28-27
  • Meridian: SEC 185 TWN 17N RNG 1E
  • Municipality: BILLINGS TOWNSHIP
  • Latitude: 43.8364
  • Longitude: -84.3307

    Address

  • Full Address: 5221 Ostlund Dr
  • Address - House Number: 5221
  • Address - Street Name: Ostlund
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Hope
  • Carrier Code: R011
  • 4-Digit Zip Code: 9619
  • Zip Code: 48628

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,026

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 310,466
  • High Value: 380,294
  • Low Value: 240,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BK NA
  • First Open Lien Mortgage Recording Date: Oct 25, 2018
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $163,800
  • Market Improvement Value: $163,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,900
  • Assessed Improvements Value: $81,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11708733943
  • Current Sale Price: $175,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BK NA
  • First Mortgage Transaction Date: Oct 25, 2018
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Gladwin



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Frequently Asked Questions

What neighborhood is 5221 Ostlund Drive located in?
The 5221 Ostlund Drive is a located in the neighborhood of Billings in Gladwin, Hope.
What is the average sales price for listings in 5221 Ostlund Drive?
The average sales price for units in 5221 Ostlund Drive is $0 currently.

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