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56080 Wilbur Road

56080 Wilbur Road, Three Rivers, MI 49093
Property in Lockport
Sold Aug 30, 2012
$108,000
$150,000 by Century Bank And Trust
Mortgage Due Nov 01, 2032
Sold Aug 30, 2005
$107,000
$107,000 by Fmf Capital Llc
Mortgage Due Aug 01, 2035
Local assessors in Three Rivers, MI have categorized 56080 Wilbur Road as a residential type of property. The property's lot size has been calculated to be 25,265 square feet. The linear feet between the front and back of the lot was measured at 2,309 ft and the front of the lot was measured at 1,100 ft.

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. The property was last sold in Aug 28, 2012 for $108,000. Prior to that sales transaction, the property was also sold in Jul 21, 2005 for $107,000. 56080 Wilbur Road was last assessed in 2023. The total value of the property was assessed at $72,900. Specifically, the land the property is located on was valued at $5,900. While improvements on the property were assessed at a total of $67,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $501. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 25,265
  • Lot Size Depth Feet: 2,309
  • Lot Size Frontage Feet: 1,100
  • 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: SHADY BROOK
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 SHADY BROOK SUB NO1 SEC 6 T6S R11W.

Ownership

  • Current Owner : KRETSCHMAN ROBERT
  • Current Owner 2: GRABER ELISE M
  • Previous Owner : REED TIMOTHY JAMES
  • Previous Owner 2: REED MELANIE J
  • Owner Before Previous Owner: SCHUBERT HANNAH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Geography

  • District: 009
  • Parcel: 009-220-004-00
  • Lot: 23
  • Meridian: SEC 06 TWN 06S RNG 11W
  • Municipality: LOCKPORT TOWNSHIP
  • Latitude: 41.9826
  • Longitude: -85.6357

    Address

  • Full Address: 56080 Wilbur Rd
  • Address - House Number: 56080
  • Address - Street Name: Wilbur
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R008
  • 4-Digit Zip Code: 8112
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 190,789
  • High Value: 237,407
  • Low Value: 144,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: CENTURY BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032

    Market Valuation

  • Market Total Value: $145,800
  • Market Land Value: $11,800
  • Market Improvement Value: $134,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,900
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $67,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2012
  • Current Sale Recording Date: Aug 30, 2012
  • Current Sale Transaction ID: 1096554828
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Contract Date: Jul 21, 2005
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Aug 30, 2012
  • First Mortgage Loan Amount: $97,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FMF CAPITAL LLC
  • Previous Mortgage Transaction Date: Aug 30, 2005
  • Previous Mortgage Loan Amount: $107,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About St. Joseph



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Frequently Asked Questions

What neighborhood is 56080 Wilbur Road located in?
The 56080 Wilbur Road is a located in the neighborhood of Lockport in St. Joseph, Three Rivers.
What is the average sales price for listings in 56080 Wilbur Road?
The average sales price for units in 56080 Wilbur Road is $0 currently.

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