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5374 Folks Road

5374 Folks Road, Horton, MI 49246
House in Hanover
Sold Nov 19, 2020
$438,000
$344,800 by Member First Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Jun 17, 1996
$80,000
5374 Folks Road has been categorized by the local assessors in Horton, MI as a residential type of property. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5374 Folks Road has 1,164 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,744,280 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 739 sqft. According to our sources, there are a total of 3 available parking spaces. The exterior walls of the building are made of wood siding. 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, 5374 Folks Road was last sold in Nov 4, 2020 for $438,000. According to our calculations, that's $376.29 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Jun 17, 1996. Current property owners are expected to pay $2,397 in taxes per year. The property on 5374 Folks Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $212,600. 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. 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.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

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Garage
  • Garage Square Area: 739
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 2,744,280
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 63
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: BEG AT S 1/4 POST OF SEC 14 TH N ALG N&S 1/4 LN 546 FT TO A PT FOR PL OF BEG OF THIS DESCN TH CONTINUING N ALG SD 1/4 LN TO

Ownership

  • Current Owner : MAYO STEVEN
  • Previous Owner : HATCH EDWARD D
  • Previous Owner 2: HATCH BARBARA A
  • Owner Before Previous Owner: VANKIRK MARGARET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 05
  • Parcel: 000-17-14-400-001-04
  • Meridian: SEC 14 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1188
  • Longitude: -84.5057

    Address

  • Full Address: 5374 Folks Rd
  • Address - House Number: 5374
  • Address - Street Name: Folks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R001
  • 4-Digit Zip Code: 9705
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $2,397
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 70
  • Final Value: 509,772
  • High Value: 619,740
  • Low Value: 399,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,800
  • First Open Lien Mortgage Lender: MEMBER FIRST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 19, 2020
  • First Open Lien Mortgage Loan Amount: $344,800
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $425,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11807097681
  • Current Sale Price: $438,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2865529
  • Previous Sale Recording Date: Jun 17, 1996
  • Previous Sale Contract Date: Jun 17, 1996
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEMBER FIRST MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $344,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Jackson



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Frequently Asked Questions

What neighborhood is 5374 Folks Road located in?
The 5374 Folks Road is a house located in the neighborhood of Hanover in Jackson, Horton.
What is the average sales price for listings in 5374 Folks Road?
The average sales price for units in 5374 Folks Road is $0 currently.

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