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7435 1 1/2 Mile Road

7435 1 1/2 Mile Road, East Leroy, MI 49051
Property in Leroy
Sold Dec 08, 2015
$81,270
$85,796 by Amerifirst Financial Corp
Mortgage Due Dec 01, 2045
Sold Feb 10, 2015
$31,279
7435 1 1/2 Mile Road has been categorized by the local assessors in East Leroy, MI as a residential type of property. The building on the property was first built in 1920 and is 104 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. The building has a total of 2 stories. In addition, 7435 1 1/2 Mile Road has 1,147 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 182,952 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. In terms of heating, it is utilizing a forced air unit. 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, 7435 1 1/2 Mile Road sold most recently in Nov 24, 2015 for a total of $81,270. If you work out the math, that's approximately a cost of $70.85 per sqft. Before that, the property was also sold for $31,279 in Jan 8, 2015. 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 $1,356 in taxes each year. 7435 1 1/2 Mile Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,250. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 182,952
  • Total Building Area: 1,147
  • Building Area: 1,147
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,147
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEROY TWP. SEC. 29 T3S R8WPART SW1/4 COM 90 FT S OF NE COR THEREOF S 210 FT W 700 FT N 300 FT E 400 FT S90 FT E 300 FT TO BEG

Ownership

  • Current Owner : HENDERSHOT FRED LEE
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: BRADLEY LAURIE
  • Owner Before Previous Owner 2: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Athens Area Schools
  • School Tax School District: ATHENS
  • Census Tract: 002700

Zoning

  • Zoning: AA AGRI

Geography

  • Assessors Map Reference: SW1/4 SEC 29
  • District: 14
  • Parcel: 14-290-021-00
  • Meridian: TWN 3S RNG 8W
  • Municipality: LEROY TWP
  • Latitude: 42.18
  • Longitude: -85.267

    Address

  • Full Address: 7435 1 1/2 Mile Rd
  • Address - House Number: 7435
  • Address - Street Name: 1 1/2 Mile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: East Leroy
  • Carrier Code: R021
  • 4-Digit Zip Code: 9718
  • Zip Code: 49051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,356

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 61
  • Final Value: 165,158
  • High Value: 210,000
  • Low Value: 120,316

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $99,796
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 08, 2015
  • First Open Lien Mortgage Loan Amount: $85,796
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045
  • Second Open Lien Mortgage Lender: KELLOGG COMMUNITY CU
  • Second Open Lien Mortgage Recording Date: Oct 07, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $14,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 07, 2042

    Market Valuation

  • Market Total Value: $134,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2015
  • Current Sale Recording Date: Dec 08, 2015
  • Current Sale Transaction ID: 1439075015
  • Current Sale Price: $81,270
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Jan 08, 2015
  • Previous Sale Amount: $31,279
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 08, 2015
  • First Mortgage Loan Amount: $85,796
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

About Calhoun



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Frequently Asked Questions

What neighborhood is 7435 1 1/2 Mile Road located in?
The 7435 1 1/2 Mile Road is a located in the neighborhood of Leroy in Calhoun, East Leroy.
What is the average sales price for listings in 7435 1 1/2 Mile Road?
The average sales price for units in 7435 1 1/2 Mile Road is $0 currently.

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