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742 East Gull Lake Drive

742 East Gull Lake Drive, Augusta, MI 49012
Property in Ross
Sold Aug 25, 2020
$775,000
$607,500 by First National Bank Of Michiga
Mortgage Due Sep 01, 2035
Sold Aug 01, 2003
$679,000
$509,250 by National City Mortgage Co
Mortgage Due Aug 01, 2033
742 East Gull Lake Drive has been categorized by the local assessors in Augusta, MI as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 742 East Gull Lake Drive has 1,484 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 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 742 East Gull Lake Drive was last sold in Aug 6, 2020 for $775,000. According to our calculations, that's $522.24 per sqft. Prior to that sales transaction, the property was sold for $679,000 in Jul 18, 2003. Current property owners are expected to pay $11,490 in taxes per year. The property on 742 East Gull Lake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $387,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERVISORS PLAT OF GULL LAKE PARK
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: D 43-31 SUPERVISORS PLAT OF GULL LAKE PARK LOT 34 & NLY 15 FT LOT 33 AS MEAS AT RT ANG TO N LI LOT 33

Ownership

  • Current Owner : SUTTON DAVID
  • Current Owner 2: SUTTON CHELSEA
  • Previous Owner : HORIO BLAKE
  • Previous Owner 2: HORIO BETH M
  • Owner Before Previous Owner: GENSLER RICHARD B
  • Owner Before Previous Owner 2: GENSLER NANCY N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gull Lake Community Schools
  • School Tax School District: GULL LAKE
  • Census Tract: 002601

Zoning

  • Zoning: R-1

Geography

  • District: 4
  • Parcel: 04-17-380-030
  • Lot: 33-34
  • Municipality: ROSS TWP
  • Latitude: 42.3811
  • Longitude: -85.3891

    Address

  • Full Address: 742 E Gull Lake Dr
  • Address - House Number: 742
  • Street Direction: E
  • Address - Street Name: Gull Lake
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Augusta
  • Carrier Code: R072
  • 4-Digit Zip Code: 9271
  • Zip Code: 49012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,490

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 75
  • Final Value: 864,891
  • High Value: 1,026,371
  • Low Value: 703,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $607,500
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF MICHIGA
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Loan Amount: $607,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $774,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Transaction ID: 11788357292
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-027920
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Contract Date: Jul 18, 2003
  • Previous Sale Amount: $679,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF MICHIGA
  • First Mortgage Transaction Date: Aug 25, 2020
  • First Mortgage Loan Amount: $607,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 01, 2003
  • Previous Mortgage Loan Amount: $509,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About South Gull Lake



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Frequently Asked Questions

What neighborhood is 742 East Gull Lake Drive located in?
The 742 East Gull Lake Drive is a located in the neighborhood of Ross in South Gull Lake, Augusta.
What is the average sales price for listings in 742 East Gull Lake Drive?
The average sales price for units in 742 East Gull Lake Drive is $0 currently.

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