Sold Nov 06, 2017
$75,500
Buyer
Seller
$73,235
by Quicken Loans Inc
Mortgage Due Nov 01, 2047
7331 20 1/2 Mile Road has been categorized by the local assessors in Homer, MI as a residential type of property.
The building on the property was first built in 1974 and is 50 years old.
The home has a total of 3 bedrooms.
Residents will have access to one full bathroom.
There are 2 partial bathrooms in the home.
In addition, 7331 20 1/2 Mile Road has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 43,560 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. In terms of heating, it is utilizing a forced air unit. The property was last sold in Oct 24, 2017 for $75,500. That's $78.65 per sqft. 7331 20 1/2 Mile Road was last assessed in 2023. The total value of the property was assessed at $50,700. 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 $0. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. In terms of heating, it is utilizing a forced air unit. The property was last sold in Oct 24, 2017 for $75,500. That's $78.65 per sqft. 7331 20 1/2 Mile Road was last assessed in 2023. The total value of the property was assessed at $50,700. 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 $0. 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.
7331 20 1/2 Mile Road, Homer, MI 49245
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