NOT LISTED FOR SALE

103 N Bailey St Cheboygan, MI 49721

Estimated Value: $194,000 - $252,327

0.11 Acre
$2,134,836 Price per Acre
4,792 Sq Ft Lot

Last Sold January 31, 2025

Last sale price $245,500 $75 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,476/month

23 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • 1 Car Attached Garage
  • Victorian Architecture
  • No HOA
  • Patio

About This Lot

As of January 2025

Step into a world where history meets lifestyle in this beautifully preserved Victorian gem. Imagine hosting family gatherings with laughter echoing through spacious living areas, the aroma of Thanksgiving dinner wafting through the air, and a grand tree twinkling in the parlor during the holidays.
This home isn't just a place to live; it's a backdrop for cherished memories.
Picture cozy evenings by the fireplace or summer barbecues and entertaining on the covered porch all while enjoying the added benefit of rental income. With a proven track record of summer rentals, the current owner has seamlessly blended personal enjoyment with smart investment. Located just a stroll away from charming local shops and delightful dining spots, you'll savor the convenience of community life.

Last Agent to Sell the Property

Julie Ryzenga

Brookstone Realtors License #6506045028 Listed on: 11/01/2024

Brookstone Realtors

Last Buyer's Agent

Julie Ryzenga

Brookstone Realtors License #6506045028 Listed on: 11/01/2024

Brookstone Realtors

Property Details

Property Type

  • Land

Lot Details

  • Fenced
  • Landscaped

Home Design

  • Victorian Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,279 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • Hot Water Heating System
  • Municipal Utilities District for Water and Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 054-H22-004-002-00
  • Tax Block 4

Community Details

Overview

  • No Home Owners Association
  • Horne's Third Addition Subdivision

Recreation

  • Patio

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Main Street to West on Pine Street. Home is on corner of Pine and Bailey
  • Garage Yn: Yes
  • Lot Size: .11 acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 2nd
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: In Basement
  • Road Surface Type: Paved, Maintained
  • MLS Status: Closed
  • Subdivision Name: Horne's Third Addition
  • Above Grade Finished Sq Ft: 2172.0
  • Architectural Style: Victorian
  • ResoBuildingAreaSource: County Records
  • Reso Fireplace Features: Insert
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: .11 acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Victorian
  • Property Information Construction: Frame
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Garage Door Opener2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Water Heater: Gas
  • HeatingAir Natural Gas4: Yes
  • Exterior Features Fence: Yes
  • Appliances Equipmt Blinds: Yes
  • Exterior Wood3: Yes
  • HeatingAir Hot Water3: Yes
  • Water Municipal3: Yes
  • Sewer Municipal4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full
  • Interior Amenities: Blinds, Dishwasher, Garage Door Opener, Refrigerator, Range/Oven
  • Bedroom 3 Level: 2nd
  • Bedroom 4 Level: 2nd
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Hardwood
  • Other Rooms:Sun Room: Yes
  • Interior Features Fireplace W Insert: Yes
  • Interior Features:Hardwood Floors: Yes

Exterior Features

  • Exterior Features: Cable TV, Fence, Landscaped, Patio/Porch, Paved Driveways, Satellite Dish
  • Waterfront: No
  • Construction Type: Wood
  • Foundation Details: Basement
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Features Paved Driveways: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Municipal
  • Heating: Hot Water, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Parcel Number: 054-H22-004-002-00

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 31, 2025
Sold by
Chase Karen K
Bought by
Palmer David and Goslin Margaret
Seller's Agent
Julie Ryzenga
Brookstone Realtors
Buyer's Agent
Julie Ryzenga
Brookstone Realtors
List Price
$245,500
Sold Price
$245,500
Views
46
Current Estimated Value
$234,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,668
Avg. Annual Appreciation
-4.14%
Original Mortgage
$184,125
Outstanding Balance
$182,883
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$51,949

Purchase Details

Closed on
Jun 30, 2015
Sold by
Citizens National Bank Of Cheboygan
Bought by
Chase Karen K

Purchase Details

Closed on
Jun 27, 2013
Sold by
Ormsbee Terry E
Bought by
Citizens National Bank Of Cheboygan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer David -- --
Chase Karen K $38,000 None Available
Citizens National Bank Of Cheboygan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer David $184,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $245,500 0.0% $75 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $245,500 -- $75 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $3,085 $98,100 $0 $0
2024 $2,514 $82,600 $0 $0
2023 $2,981 $71,800 $0 $0
2022 $2,941 $50,500 $0 $0
2021 $3,468 $47,300 $47,300 $0
2020 $3,068 $46,700 $46,700 $0
2019 $2,590 $44,700 $44,700 $0
2018 $2,518 $45,400 $0 $0
2017 $2,440 $42,000 $0 $0
2016 $2,437 $42,000 $0 $0
2015 -- $39,300 $0 $0
2014 -- $37,500 $0 $0
2012 -- $37,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201832420

Water Wonderland Board of REALTORS®

APN: 054-H22-004-002-00

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