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5750 Richmond Avenue

5750 Richmond Avenue, Muskegon, MI 49442
Property in Egelston
Sold Mar 06, 2014
$122,000
$140,000 by Towne Mortgage Co
Mortgage Due Jan 01, 2041
Sold Jul 21, 2008
Transfer
$80,000 by Muskegon Commerce Bank
Mortgage Due Aug 01, 2038
5750 Richmond Avenue in Muskegon, MI was first built in 1998 and is 26 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 split level style. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5750 Richmond Avenue has 1,540 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. In total, the area measurement of the land is 19,646 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 576 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. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 5750 Richmond Avenue sold most recently in Mar 4, 2014 for a total of $122,000. If you work out the math, that's approximately a cost of $79.22 per sqft. 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 $760 in taxes each year. 5750 Richmond Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,200. 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

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Type: Unspecified basement
  • Basement Area: 550
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,646
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROBERT'S WOLF LAKE
  • Land Acres: 0.451
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E-1335 EGELSTON TOWNSHIP ROBERTS WOLF LAKE SUB DIV LOTS 23-24 & W 26.667 FT LOT 22

Ownership

  • Current Owner : KARIS HEATHER M
  • Previous Owner : FARWIG WILLIAM P
  • Previous Owner 2: FARWIG DEBORAH A
  • Owner Before Previous Owner: JOHNSON JOYCE M
  • Owner Before Previous Owner 2: PIPKENS TAMIKA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oakridge Public Schools
  • School Tax School District: OAKRIDGE
  • Census Tract: 003200

Zoning

  • Zoning: R2

Geography

  • District: 11
  • Parcel: 61-11-505-000-0023-00
  • Lot: 23,24
  • Municipality: EGELSTON TOWNSHIP
  • Latitude: 43.2486
  • Longitude: -86.1035

    Address

  • Full Address: 5750 Richmond Ave
  • Address - House Number: 5750
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Muskegon
  • Carrier Code: C050
  • 4-Digit Zip Code: 3162
  • Zip Code: 49442

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760

    Appraisal Valuation

  • Standard Deviation: 0.4787
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 4
  • Final Value: 210,931
  • High Value: 311,910
  • Low Value: 109,951

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041
  • Second Open Lien Mortgage Lender: BEST FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 22, 2023
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 14, 2038

    Market Valuation

  • Market Total Value: $200,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2014
  • Current Sale Recording Date: Mar 06, 2014
  • Current Sale Transaction ID: 11472311451
  • Current Sale Price: $122,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5477806
  • Previous Sale Recording Date: Jul 21, 2008
  • Previous Sale Contract Date: Jul 11, 2008
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Mar 06, 2014
  • First Mortgage Loan Amount: $119,790
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: MUSKEGON COMMERCE BANK
  • Previous Mortgage Transaction Date: Jul 21, 2008
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Wolf Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5750 Richmond Avenue located in?
The 5750 Richmond Avenue is a located in the neighborhood of Egelston in Wolf Lake, Muskegon.
What is the average sales price for listings in 5750 Richmond Avenue?
The average sales price for units in 5750 Richmond Avenue is $0 currently.

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