NOT LISTED FOR SALE

0 Marshalek Rd & Us2 Bessemer, MI 49911

Estimated Value: $28,000 - $202,000

25 Acres
$4,600 Price per Acre
1,089,000 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $25,000

Est. 360% increase in value since last sale

Current estimated payment $752/month

145 Days on Market

About This Lot

As of February 2023

Parcel located on the west end of Bessemer with frontage on US 2 and Marshalek Rd. An excellent spot to build a business.

Last Agent to Sell the Property

Bob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502138854 Listed on: 08/18/2022

Last Buyer's Agent

Bob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502138854 Listed on: 08/18/2022

Property Details

Property Type

  • Land

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 460x1320x610x870x220x360
  • Property is zoned Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 51-14-503-800

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Mail City: Bessemer
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 1330
  • Roads: City/County, Year Round
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public Sanitary

Schools

  • School District: Bessemer City School District

Lot Info

  • Assessor Parcel Number: 51-14-503-800
  • Acreage: 25
  • Zoning: Mixed Use
  • Lot Size: 460x1320x610x870x220x360

Tax Info

  • Summer Tax: Year: 2021
  • Winter Tax: Year: 2021

MLS Schools

  • School District: Bessemer City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Feb 1, 2023
Sold by
Gogebic County Board Of Road Commissione
Bought by
Matonich Peter P and Matonich Stephanie A
Seller's Agent
Bob Sullivan
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Bob Sullivan
NORTHERN MICHIGAN LAND BROKERS
List Price
$65,000
Sold Price
$25,000
Premium/Discount to List
-$40,000
-61.54%
Current Estimated Value
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
82.29%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Ruotsala Construction Llc
Bought by
Gogebic County Road Commission
Source: Public Records

Range of Values:

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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
Matonich Peter P $25,000 --
Gogebic County Road Commission -- Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruotsala Land Llc $148,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $25,000 -61.5% --
01/10/2023 01/10/23 Pending -- -- --
08/18/2022 08/18/22 For Sale $65,000 -- --
Source: Upper Peninsula 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 -- $15,000 $15,000 $0
2023 -- $0 $0 $0
2022 -- $0 $0 $0
2021 -- $0 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50087193

Upper Peninsula Association of REALTORS®

APN: 51-14-503-800