NOT LISTED FOR SALE

45580 18th Ave Bloomingdale, MI 49026

Estimated Value: $335,000 - $654,000

45 Acres
$10,527 Price per Acre
1,960,200 Sq Ft Lot

Last Sold February 19, 2013

Last sale price $135,000

Est. 251% increase in value since last sale

Current estimated payment $2,803/month

171 Days on Market

About This Lot

As of February 2013

Bring it back to life as a beautiful campground or make it your own personal recreational oasis!! This 45 acres was operated as the Spring Valley Campground complete with private swimming and fishing lake, rec center, public restrooms, 100 oversized campsites with water and electric hook ups and dump station, and plenty of room to roam and play. The lake is still there, the hook ups are still there, the rec center and restrooms are still there!! The home is unlivible in it's current state but it too could be revived. But now let's look at it this way. How would you like your very own recreational oasis where you can hunt, fish, swim, and explore. You have a rec center complete with fireplace and restrooms and pole barn for toys, toy, and more toys!! In the past a part of this property was

Last Listed By

Bob Rateike

ERA Reardon Realty License #6501335208 Listed on: 07/16/2012

Property Details

Property Type

  • Land

Year Built

  • 1971

Lot Details

  • 45 Acre Lot
  • Cleared Lot
  • Finished Lot(s)

Additional Features

  • Tillable Land
  • Well

Community Details

  • Recreational Area

Property Details

Property Type

Land

Year Built

1971

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1971

Exterior Features

  • List Price: 168500.0
  • Lot Features: Buildable, Building, Cleared, Recreational, Tillable, Wooded
  • Road Surface Type: Paved
  • Topography: {"Level":true,"Rolling Hills":true}

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Acres: 45.0
  • Lot Size Area: 45.0
  • Lot Size Sq Ft: 1960200.0

Tax Info

  • Tax Annual Amount: 6599.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2018
Sold by
Moorthy Murray and Moorthy Echo
Bought by
Reverie Springs Llc
Total Days on Market
171
Current Estimated Value
$473,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$164,471
Interest Rate
4.45%
Mortgage Type
Unknown
Estimated Equity
$309,234

Purchase Details

Listed on
Jul 16, 2012
Closed on
Feb 19, 2013
Sold by
Gail S Petersen Trust
Bought by
Moorthy Murrary and Moorthy Echo
Seller's Agent
Bob Rateike
ERA Reardon Realty
Buyer's Agent
Bob Rateike
ERA Reardon Realty
List Price
$168,500
Sold Price
$135,000
Premium/Discount to List
-$33,500
-19.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$108,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2011
Sold by
Petersen Gail S
Bought by
Petersen Gail S and Gail S Petersen Trust

Purchase Details

Closed on
May 2, 2011
Sold by
Fischer Jean J
Bought by
Petersen Gail S

Purchase Details

Closed on
Jul 1, 2004
Sold by
Fischer Jean J
Bought by
Kind Deborah L

Purchase Details

Closed on
Aug 6, 2002
Sold by
Fischer Jean J
Bought by
Fischer Jean J

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reverie Springs Llc $250,000 Nations Title Agency
Moorthy Murrary $135,000 Chicago Title
Petersen Gail S -- None Available
Petersen Gail S -- None Available
Kind Deborah L -- --
Fischer Jean J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reverie Springs Llc $200,000
Previous Owner Moorthy Murrary $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2013 02/19/13 Sold $135,000 -19.9% --
01/03/2013 01/03/13 Pending -- -- --
07/16/2012 07/16/12 For Sale $168,500 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,910 $204,700 $0 $0
2023 $1,819 $194,200 $0 $0
2022 $8,562 $200,400 $0 $0
2021 $8,292 $187,400 $64,700 $122,700
2020 $8,251 $161,000 $47,400 $113,600
2019 $7,963 $154,000 $62,200 $91,800
2018 $4,207 $138,800 $81,400 $57,400
2017 $4,103 $147,100 $5,500 $141,600
2016 $4,060 $155,000 $5,500 $149,500
2015 $3,544 $155,000 $5,500 $149,500
2014 $3,657 $120,000 $0 $0
2013 -- $127,500 $66,800 $60,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bob Rateike

    ERA Reardon Realty

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12038260

Southwestern Michigan Association of REALTORS®

APN: 80-05-030-013-10

Michigan Van Buren County Bloomingdale 49026

45580 18th Ave, Bloomingdale, MI

Homes for Sale in Bloomingdale, MI

This home is located at 45580 18th Ave, Bloomingdale, MI 49026 since 16 July 2012 and is currently estimated at $473,705. This property was built in 1971. 45580 18th Ave is a home located in Van Buren County with nearby schools including Bloomingdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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