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7092 Schmeid Road

7092 Schmeid Road, Lakeview, MI 48850
Property in Cato
Sold Nov 21, 2019
$144,900
$142,274 by Top Flite Financial Inc
Mortgage
Sold Nov 21, 2005
$101,000
$99,625 by Centennial Mortgage & Funding
Mortgage Due Dec 01, 2035
7092 Schmeid Road has been categorized by the local assessors in Lakeview, MI as a residential type of property. The linear feet between the front and back of the lot is 2,740 ft and across the front of the lot is 3,310 ft. The area measurement of the land has been determined as 96,051 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. 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, 7092 Schmeid Road sold most recently in Nov 13, 2019 for a total of $144,900. Before that, the property was also sold for $101,000 in Nov 11, 2005. 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 $0 in taxes each year. 7092 Schmeid Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 96,051
  • Lot Size Depth Feet: 2,740
  • Lot Size Frontage Feet: 3,310
  • 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: 2.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 659-1219/035-50/1992 PART OF NE 1/4 DES AS BEG AT A POINT ON E-W 1/4 LINE OF SAID SEC 2, N 88 DEG W 331.16 FT FROM E 1/4 COR;

Ownership

  • Current Owner : JACK JASON
  • Current Owner 2: JACK MELISSA
  • Previous Owner : ROBERTS MICHAEL J
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lakeview Community Schools
  • School Tax School District: LAKEVIEW
  • Census Tract: 970400

Zoning

  • Zoning: S-R

Geography

  • District: 004
  • Parcel: 004-002-035-51
  • Meridian: SEC 02 TWN 12N RNG 08W
  • Municipality: CATO TWP
  • Latitude: 43.4604
  • Longitude: -85.2261

    Address

  • Full Address: 7092 Schmeid Rd
  • Address - House Number: 7092
  • Address - Street Name: Schmeid
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Lakeview
  • Carrier Code: R002
  • 4-Digit Zip Code: 9739
  • Zip Code: 48850

Valuation

    Tax

  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2743
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 60
  • Final Value: 192,497
  • High Value: 245,305
  • Low Value: 139,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,274
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2019
  • First Open Lien Mortgage Loan Amount: $142,274
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $89,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,400

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11706789194
  • Current Sale Price: $144,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R-11899
  • Previous Sale Recording Date: Nov 21, 2005
  • Previous Sale Contract Date: Nov 11, 2005
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Mortgage Transaction Date: Nov 21, 2019
  • First Mortgage Loan Amount: $142,274
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: CENTENNIAL MORTGAGE & FUNDING
  • Previous Mortgage Transaction Date: Nov 21, 2005
  • Previous Mortgage Loan Amount: $99,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Montcalm



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Frequently Asked Questions

What neighborhood is 7092 Schmeid Road located in?
The 7092 Schmeid Road is a located in the neighborhood of Cato in Montcalm, Lakeview.
What is the average sales price for listings in 7092 Schmeid Road?
The average sales price for units in 7092 Schmeid Road is $0 currently.

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