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5591 Corey Cove

5591 Corey Cove, Gaylord, MI 49735
Property in Bagley
Sold Aug 06, 2020
$500,000
$500,000 by State Savings Bank
Mortgage
Sold Nov 12, 2002
Transfer
Local assessors in Gaylord, MI have categorized 5591 Corey Cove as a residential type of property. The property's lot size has been calculated to be 17,424 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. 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, 5591 Corey Cove sold most recently in Jul 27, 2020 for a total of $500,000. 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 $11,241 in taxes each year. 5591 Corey Cove was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $398,700. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 17,424
  • Lot Size Frontage Feet: 1,000
  • 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
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S 100' OF N 510' OF E 175' OF GLO LOT 3. SEC 32, T30N-R3W.

Ownership

  • Current Owner : WILSEY CRAIG
  • Current Owner 2: WILSEY DARLENE
  • Previous Owner : LAMBERT DONALD
  • Owner Before Previous Owner: LAMBERT DONALD D
  • Owner Before Previous Owner 2: LAMBERT SONDRA A

Neighborhood

  • School District Name: Gaylord Community Schools
  • School Tax School District: GAYLORD
  • Census Tract: 950500

Geography

  • District: 01
  • Parcel: 010-032-300-030-00
  • Lot: 3
  • Meridian: SEC 32 TWN 30N RNG 03W
  • Municipality: BAGLEY TOWNSHIP
  • Latitude: 44.9513
  • Longitude: -84.7017

    Address

  • Full Address: 5591 Corey Cv
  • Address - House Number: 5591
  • Address - Street Name: Corey
  • Address - Suffix Type: Cv
  • State: MI
  • City Name: Gaylord
  • Carrier Code: R002
  • 4-Digit Zip Code: 8865
  • Zip Code: 49735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,241

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 774,318
  • High Value: 941,357
  • Low Value: 607,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: STATE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $797,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,700

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11785134728
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 12, 2002
  • Previous Sale Contract Date: Nov 12, 2002
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE SAVINGS BANK
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Otsego



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Frequently Asked Questions

What neighborhood is 5591 Corey Cove located in?
The 5591 Corey Cove is a located in the neighborhood of Bagley in Otsego, Gaylord.
What is the average sales price for listings in 5591 Corey Cove?
The average sales price for units in 5591 Corey Cove is $0 currently.

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