NOT LISTED FOR SALE

1012 S Lorenz Rd Tawas City, MI 48763

Estimated Value: $82,852 - $127,000

1 Bed
1 Bath
672 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $40,000 $60 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $638/month

302 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • 1 Car Detached Garage
  • Wooded Lot
  • Mud Room
  • Paneling

About This Home

As of March 2017

Secluded in the woods cottage. Family has owned for many years, and very well maintained! The bedroom has 2 sets of bunk beds. Open living room and kitchen. There is a wood stove and electric heat for those chilly nights. Cottage sits on 1.5 acres.

Last Agent to Sell the Property

Debbie Richardson

CENTURY 21 SIGNATURE REALTY License #6502351909 Listed on: 05/03/2016

CENTURY 21 SIGNATURE REALTY

Co-Listed By

Dean Richardson

CENTURY 21 SIGNATURE REALTY License #6501317643

Last Buyer's Agent

Deborah TOBIN

BEST CHOICE REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $326

Year Built

  • Built in 1956

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 331x208
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • Paneling
  • Wood Burning Stove
  • Mud Room

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Well
  • TV Antenna

Community Details

  • M&B Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$326

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Cottage, 1 Story
  • Estimated Year Built: 1956
  • Construction: Frame
  • Section Number: 9
  • Year Updated: 1980
  • Year Renovated: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Appliances Equipment: Oven/Range
  • Interior Amenities: Mud Room, Drywall, Paneling
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 15x9
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Kitchen: Dimensions: 14x15
  • Living Room: Dimensions: 14x15
  • Estimated Above Ground Finished Sq Ft: 672
  • Price Per Sq Ft: 59.52
  • Range: R 7E
  • Total Finished Sf Apx: 672

Exterior Features

  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 1.5
  • Road: Easement, Privately Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Stove
  • Heating Cooling Types: Baseboard
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna
  • Water: Private Well

Association/Amenities

  • Development Name: M&B

Schools

  • School District: Tawas Area Schools

Lot Info

  • Land Features: Level, Wooded
  • Lot Dimensions: 331x208
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 268.75
  • Taxable Value: 8980
  • Total Taxes: 325.53
  • Winter Taxes: 56.78
  • Year Summer: 2015
  • Year Winter: 2015

MLS Schools

  • School District: Tawas Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Mar 17, 2017
Sold by
Peil Paul H and Peil Judy K
Bought by
Laidlaw Joseph C
Seller's Agent
Debbie Richardson
CENTURY 21 SIGNATURE REALTY
Buyer's Agent
Deborah TOBIN
BEST CHOICE REALTY, INC.
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$107,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,713
Avg. Annual Appreciation
12.18%
Original Mortgage
$36,000
Outstanding Balance
$18,363
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$89,350

Purchase Details

Listed on
May 3, 2016
Closed on
Feb 27, 2017
Sold by
Vittitow Russell A and Vittitow Terri L
Bought by
Peil Paul H and Peil Judy K
Seller's Agent
Debbie Richardson
CENTURY 21 SIGNATURE REALTY
Buyer's Agent
Deborah TOBIN
BEST CHOICE REALTY, INC.
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$18,363
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$89,350
Source: Public Records

Range of Values:

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Average Value
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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
Laidlaw Joseph C $40,000 Landmark Title Corp
Peil Paul H -- Landmark Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laidlaw Joseph C $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $40,000 -27.3% $60 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
05/03/2016 05/03/16 For Sale $55,000 -- $82 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2025 $878 $32,600 $32,600 $0
2024 $958 $29,600 $0 $0
2023 $607 $24,000 $24,000 $0
2022 $897 $23,100 $23,100 $0
2021 $848 $20,400 $20,400 $0
2020 $833 $18,900 $18,900 $0
2019 $820 $18,900 $18,900 $0
2018 $677 $17,800 $17,800 $0
2017 $323 $16,500 $16,500 $0
2016 $314 $16,500 $0 $0
2015 -- $15,300 $0 $0
2014 -- $15,100 $0 $0
2013 -- $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Debbie Richardson

    CENTURY 21 SIGNATURE REALTY

    (989) 362-4261

    19 Total Sales

    Debbie Richardson
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Dean Richardson

    CENTURY 21 SIGNATURE REALTY

    (989) 240-2315

    1 Total Sale

    Dean Richardson
    Section Image

  • D

    Buyer's Agent in 2017

    Deborah TOBIN

    BEST CHOICE REALTY, INC.

    (989) 820-7976

    37 Total Sales

    Deborah TOBIN
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1815605

Northern Great Lakes REALTORS® MLS

APN: 101-009-300-010-00

Michigan Iosco County Tawas City 48763

1012 S Lorenz Rd, Tawas City, MI

This home is located at 1012 S Lorenz Rd, Tawas City, MI 48763 since 03 May 2016 and is currently estimated at $107,713, approximately $160 per square foot. This property was built in 1956. 1012 S Lorenz Rd is a home located in Iosco County with nearby schools including Clara B. Bolen Elementary School, Tawas Area Middle School, and Tawas Area 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.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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