$199,000
$29K PRICE DROP

10 acres Co 513 T Rd Rapid River, MI 49878

Estimated payment $1,115/month

Total Views 14,653
11 Acres
$18,952 Price per Acre
457,380 Sq Ft Lot

About This Lot

10 acres located in the highly desirable Stonington Peninsula, just 15 minutes South of Rapid River. With an abundance of recreational and homestead opportunities, from fishing, hunting to side x side riding, this location is great. This acreage could potentially be split into and sold as two parcels. This is year-round easy access, with easy opportunity to develop into a homestead. Electric is available at the road. Give us a call with any questions or schedule a viewing today.

Listing Agent

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 06/11/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $188

Lot Details

  • 10.5 Acre Lot
  • Lot Dimensions are 1085x 285x204x1315x353
  • Waterfront
  • Rural Setting
  • Bluff on Lot
  • Property is zoned Mixed Use

Location

  • Property is near a Great Lake

Listing and Financial Details

  • Assessor Parcel Number 003-275-015-00

Property Details

Property Type

Land

Est. Annual Taxes

$188

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Year: 2023
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 1085
  • Lake Name: Lake Michigan
  • Water Features: Lake Frontage, Water View, Waterfront, All Sports Lake, Great Lake
  • Waterfront: Yes
  • Roads: Access, City/County, Year Round
  • Frontage Type: Water

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: None (Fuel On Site)

Schools

  • School District: Rapid River Public Schools

Lot Info

  • Assessor Parcel Number: 003-275-015-00
  • Location: Main Street, Rural
  • Acreage: 10.5
  • Lot Description: Bluff
  • Zoning: Mixed Use
  • Lot Size: 1085x 285x204x1315x353
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023
  • Winter Tax: Year: 2023
  • Total Tax: Year: 2023

MLS Schools

  • School District: Rapid River Public Schools

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $188 $0 $0 $0
2024 $69 $24,100 $0 $0
2023 $66 $18,300 $0 $0
2022 $173 $10,300 $0 $0
2021 $168 $11,700 $0 $0
2020 $163 $11,700 $0 $0
2019 $157 $11,700 $0 $0
2018 $154 $11,700 $0 $0
2017 $57 $11,700 $0 $0
2016 $141 $15,000 $0 $0
2014 -- $25,900 $0 $0
2013 -- $25,872 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $199,000 -12.7% --
06/11/2024 06/11/24 For Sale $228,000 -- --
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Similar Property in Rapid River, MI

  • 0 Tbd Co Rd 513 T Rd, Rapid River, MI 49878

    $228,000

    • Land
    • 11 Acres
    • $21,289 per Acre
    • 0 Tbd Co Rd 513 T Rd
    • Rapid River, MI

    This property features just over 10 acres located in the highly desirable Stonington Peninsula, and is only 15 minutes from Rapid River! This area provides an abundance of recreational and homestead opportunities, from fishing to hunting to side-by-side riding. Overall, this location is great! The acreage has potential to be split and sold as two parcels, as well. There is easy year-round access,

    Rob Sullivan Northern Michigan Land Brokers

    Section Image

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50145036

Upper Peninsula Association of REALTORS®

APN: 21-003-275-015-00