Check Availability

575 Ridge Lane

575 Ridge Lane, Tecumseh, MI 49286
Property in Tecumseh
Sold Oct 14, 2021
$282,900
$150,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2051
Sold Jan 12, 2011
Transfer
575 Ridge Lane in Tecumseh, MI was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 575 Ridge Lane has 1,216 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 460 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 12, 2021 for $282,900. That's $232.65 per sqft. 575 Ridge Lane was last assessed in 2022. The total value of the property was assessed at $146,000. 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 $5,942. 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. 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

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Condo
  • Basement Type: Unspecified basement
  • Basement Area: 1,216
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUTTERMILK PARK CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLDG 26 UNIT A BUTTERMILK CONDOMINIUM CITY OF TECUMSEH

Ownership

  • Current Owner : LOOS SUZANNE L
  • Previous Owner : ROBERTS INVST CO LLC
  • Owner Before Previous Owner: VON KALER DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tecumseh Public Schools
  • School Tax School District: SCH: 46140
  • Census Tract: 062300

Zoning

  • Zoning: RA-2

Geography

  • District: XT0
  • Parcel: XT0-855-0261-00
  • Municipality: TECUMSEH CITY
  • Latitude: 42.0117
  • Longitude: -83.963

    Address

  • Full Address: 575 Ridge Ln
  • Legal Unit: A
  • Address - House Number: 575
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Tecumseh
  • Carrier Code: R006
  • 4-Digit Zip Code: 7791
  • Zip Code: 49286

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,942

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 77
  • Final Value: 338,384
  • High Value: 397,504
  • Low Value: 279,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $292,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11862134427
  • Current Sale Price: $282,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 12, 2011
  • Previous Sale Contract Date: Dec 28, 2010
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Nov 01, 2051

About Tecumseh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 575 Ridge Lane located in?
The 575 Ridge Lane is a located in the neighborhood of Tecumseh in Tecumseh, Tecumseh.
What is the average sales price for listings in 575 Ridge Lane?
The average sales price for units in 575 Ridge Lane is $0 currently.

Nearby Counties
Quantcast