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525 East Lovett Street

525 East Lovett Street, Charlotte, MI 48813
Property in Charlotte
Sold Jun 07, 2004
$155,000
$124,000 by Americas Wholesale Lender
Mortgage Due Jun 01, 2034
Local assessors in Charlotte, MI have categorized 525 East Lovett Street as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 29,621 square feet. The linear feet between the front and back of the lot was measured at 1,680 ft and the front of the lot was measured at 1,765 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 525 East Lovett Street has a total of 1,288 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 800 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 525 East Lovett Street was last sold in May 17, 2004 for $155,000. According to our calculations, that's $120.34 per sqft. Current property owners are expected to pay $2,753 in taxes per year. The property on 525 East Lovett Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $117,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Type: Unspecified basement
  • Basement Area: 1,288
  • Garage Type: Garage
  • Garage Square Area: 800
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 1,765
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EXTENDED CHURCH ADD
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E 176.5 FT OF THAT PART OF BLKS 4 & 5 & VACATED ELM CIRCLE DESC AS LYING S OF N LINES OF LOTS 5,6& 7 BLK 5 EXTENDED. CHURCH ADDITION, CITY OF CHARLOTTE 1987

Ownership

  • Current Owner : OLSON TODD R
  • Previous Owner : MCNAMARA ANNE K
  • Previous Owner 2: MCNAMARA GERALD B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte Public Schools
  • School Tax School District: 23030
  • Census Tract: 020901

Zoning

  • Zoning: N/A

Geography

  • District: 200
  • Parcel: 200 044 005 091 00
  • Block: 4-5
  • Lot: 5-7
  • Municipality: CHARLOTTE CITY
  • Latitude: 42.5627
  • Longitude: -84.8276

    Address

  • Full Address: 525 E Lovett St
  • Address - House Number: 525
  • Street Direction: E
  • Address - Street Name: Lovett
  • Address - Suffix Type: St
  • State: MI
  • City Name: Charlotte
  • Carrier Code: C001
  • 4-Digit Zip Code: 1673
  • Zip Code: 48813

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,753

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 270,956
  • High Value: 314,077
  • Low Value: 227,835

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Jun 07, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $124,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034
  • Second Open Lien Mortgage Recording Date: Jun 07, 2004
  • Second Open Lien Mortgage Loan Amount: $31,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Market Valuation

  • Market Total Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2004
  • Current Sale Recording Date: Jun 07, 2004
  • Current Sale Transaction ID: 1093669495
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Jun 07, 2004
  • First Mortgage Loan Amount: $124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2034
  • Second Mortgage Loan Amount: $31,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Charlotte



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Frequently Asked Questions

What neighborhood is 525 East Lovett Street located in?
The 525 East Lovett Street is a located in the neighborhood of Charlotte in Charlotte, Charlotte.
What is the average sales price for listings in 525 East Lovett Street?
The average sales price for units in 525 East Lovett Street is $0 currently.

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