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56 Division Street

56 Division Street, Petersburg, MI 49270
Property in Petersburg
Sold Jul 20, 2021
$75,000
$67,500 by Union Home Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Sep 01, 1988
$25,500
56 Division Street has been categorized by the local assessors in Petersburg, MI as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home comes with a single bedroom. 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, 56 Division Street has 756 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 9,670 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. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 56 Division Street sold most recently in Jul 13, 2021 for a total of $75,000. If you work out the math, that's approximately a cost of $99.21 per sqft. Before that, the property was also sold for $25,500 in Sep 1, 1988. 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 $919 in taxes each year. 56 Division Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,900. 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

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 450
  • Total Building Area: 756
  • Building Area: 756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROSBY ADDITION
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 828-158; 877-773 & 775; 1128-278 ZABEL & CROSBY ADDITION 0.115 AC PT OF OUTLOT 1 DESC AS COM 32.45 FT S 0 DEG 30' W & 175.06

Ownership

  • Current Owner : SCOTT TONY
  • Current Owner 2: SCOTT DONNA
  • Previous Owner : WALTERS JAMES D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Summerfield School District
  • School Tax School District: SUMMERFIELD
  • Census Tract: 832900

Zoning

  • Zoning: R1

Geography

  • District: 57
  • Section: 3
  • Parcel: 57-050-021-00
  • Lot: 1
  • Meridian: SEC 03 TWN 07S RNG 06E
  • Municipality: PETERSBURG CITY
  • Latitude: 41.9024
  • Longitude: -83.7096

    Address

  • Full Address: 56 Division St
  • Address - House Number: 56
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: MI
  • City Name: Petersburg
  • Carrier Code: R004
  • 4-Digit Zip Code: 9501
  • Zip Code: 49270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $919
  • Tax Rate Code Area: 57

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 66
  • Final Value: 99,870
  • High Value: 123,537
  • Low Value: 76,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $67,500
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $69,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11849759803
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R19015
  • Previous Sale Recording Date: Sep 01, 1988
  • Previous Sale Contract Date: Sep 01, 1988
  • Previous Sale Amount: $25,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $67,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Petersburg



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Frequently Asked Questions

What neighborhood is 56 Division Street located in?
The 56 Division Street is a located in the neighborhood of Petersburg in Petersburg, Petersburg.
What is the average sales price for listings in 56 Division Street?
The average sales price for units in 56 Division Street is $0 currently.

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