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7991 Market Street

7991 Market Street, Portland, MI 48875
Property in Danby
Sold Nov 01, 2018
$340,000
$200,000 by Bank Of America Na
Mortgage Due Jan 01, 2038
7991 Market Street has been categorized by the local assessors in Portland, MI as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7991 Market Street has 4,196 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 164,221 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,200 sqft. According to our sources, there are a total of 5 available parking spaces. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 7991 Market Street sold most recently in Oct 26, 2018 for a total of $340,000. If you work out the math, that's approximately a cost of $81.03 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 $1,924 in taxes each year. 7991 Market Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $179,400. If we break it down further, the land itself was valued at $21,100. Improvements to the property, however, were assessed at a total of $158,300. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 247
  • Garage Type: Garage
  • Garage Square Area: 1,200
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 164,221
  • Total Building Area: 4,196
  • Gross Building Area: 2,764
  • Building Area: 4,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART OF NW 1/4 SEC 4 & NE 1/4 SEC 5: COM 1171.5 FT, N & N 50 DEG 22 MIN 56 SEC W 193.86 FT OF E 1/4 POST OF SEC 5 ON C/L OF

Ownership

  • Current Owner : BUTLER KYLE B
  • Current Owner 2: BUTLER AMBER M
  • Previous Owner : WALSH KENNETH E
  • Previous Owner 2: WALSH MARILYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland Public School District
  • School Tax School District: PORTLAND PUBLIC
  • Census Tract: 031500

Geography

  • District: 040
  • Section: 4-5,5
  • Parcel: 34-040-005-000-002-20
  • Municipality: DANBY TOWNSHIP
  • Latitude: 42.8539
  • Longitude: -84.9159

    Address

  • Full Address: 7991 Market St
  • Address - House Number: 7991
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: MI
  • City Name: Portland
  • Carrier Code: C003
  • 4-Digit Zip Code: 1341
  • Zip Code: 48875

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,924
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 477,478
  • High Value: 569,029
  • Low Value: 385,927

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2018
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 229
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2038

    Market Valuation

  • Market Total Value: $358,800
  • Market Land Value: $42,200
  • Market Improvement Value: $316,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,400
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $158,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2018
  • Current Sale Recording Date: Nov 01, 2018
  • Current Sale Transaction ID: 11529813061
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 01, 2018
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 229
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2038

About Ionia



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Frequently Asked Questions

What neighborhood is 7991 Market Street located in?
The 7991 Market Street is a located in the neighborhood of Danby in Ionia, Portland.
What is the average sales price for listings in 7991 Market Street?
The average sales price for units in 7991 Market Street is $0 currently.

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