Sold
74220 1ST Street, Armada, MI
Sold on 07/17/2023 for$155,000
MLS # 20230044554 (Realcomp)
3 beds1 bath1,136 sqftBuilt 19520.15 acres
1 / 1
Listing Description
Here is your opportunity to pick up a great investment property with loads of curb appeal! Beautiful lot near schools, commercial area with restaurants and shopping within walking distance. Home may need some renovations. REO Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,136 sq ft home in Armada Village in Armada built in 1952.
Final sale price: $155,000 (about $136/sq ft).
Property tax estimate: $1,482 per year ($124/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,136 sqft
Lot Size0.15 acres
Year Built1952
Stories1
Location
CityArmada
CountyMacomb
School DistrictArmada
Construction & Systems
ConstructionOther
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/4/2023
Sold Date7/16/2023
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,482
State Equalized Value$70,300
Taxable Value$69,695
Assessed Value$70,300
Parcel #02-24-153-006
Source: Public Records
Legal Description
02 24 153 006 74220 FIRST MI 48005 VILLAGE OF ARMADA HIRAM BARROWS SECOND ADDITION N 77.5 FT OF LOT 29.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lori A Brown
Realhome Services and Solutions Inc
Frequently Asked Questions about 74220 1ST Street, Armada, MI
What school district is 74220 1ST Street, Armada, MI in?
Per MLS# 20230044554, this property is served by Armada. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20230044554, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230044554, the most recent reported annual property tax for 74220 1ST Street, Armada, MI is $1,482. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 74220 1ST Street, Armada, MI eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 74220 1ST Street, Armada, MI is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: SEMCO Energy Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Macomb County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
74220 1ST Street, Armada, MI
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Municipality
Armada Village
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County
Macomb County
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