NOT LISTED FOR SALE

10557 Island Lake Rd Dexter, MI 48130

Estimated Value: $687,000 - $796,000

6.22 Acres
$117,646 Price per Acre
270,943 Sq Ft Lot

Last Sold January 03, 2019

Last sale price $60,000

Est. 1,120% increase in value since last sale

Current estimated payment $4,588/month

841 Days on Market

Highlights

  • Home fronts a pond
  • Creekside Intermediate School Rated A-
  • 6.22 Acre Lot

About This Lot

As of January 2019

Over 6 acres in desirable Dexter school district! Area of nice homes, ready to be built on, perked and the well already in along with driveway permit. Sits well back from the road with pond too! Seller is licensed in the state of Michigan.

Last Agent to Sell the Property

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 09/13/2016

The Charles Reinhart Company

Last Buyer's Agent

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 09/13/2016

The Charles Reinhart Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,135

Lot Details

  • 6.22 Acre Lot
  • Home fronts a pond
  • Property is zoned RR, RR

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,135

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 1134.72
  • Tax Info:Zoning3: RR
  • Waterfront Options:Water Frontage3: 1.0
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 89900.0
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Utilities: Well Attached, Septic Connected

Lot Info

  • Lot Size Acres: 6.22
  • Lot Size Area: 6.22
  • Lot Size Sq Ft: 270943.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1134.72
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 28, 2018
Sold by
Peltcs Thomas M and Peltcs William O
Bought by
Johnson Willis Ray and Johnson Ashley
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Jeff Klink
The Charles Reinhart Company
List Price
$99,900
Sold Price
$60,000
Premium/Discount to List
-$39,900
-39.94%
Current Estimated Value
$731,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,760
Avg. Annual Appreciation
44.69%
Original Mortgage
$389,500
Outstanding Balance
$343,158
Interest Rate
4.8%
Mortgage Type
Construction
Estimated Equity
$388,602

Purchase Details

Closed on
Jun 18, 2003
Sold by
Peltcs Family Ii Llc
Bought by
Peltcs Thomas M

Purchase Details

Closed on
May 7, 2003
Sold by
Solsburg Elizabeth M and Peltcs Elizabeth M
Bought by
Peltcs William O
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
Johnson Willis Ray $60,000 Liberty Title
Peltcs Thomas M -- --
Peltcs William O -- --
Peltcs Family Ii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Willis Ray $389,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $60,000 -39.9% --
01/02/2019 01/02/19 Pending -- -- --
09/13/2016 09/13/16 For Sale $99,900 -- --
Source: Southwestern Michigan 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
2025 $8,497 $341,400 $0 $0
2024 $2,690 $282,200 $0 $0
2023 $2,410 $244,000 $0 $0
2022 $8,222 $219,500 $0 $0
2021 $8,193 $239,300 $0 $0
2020 $6,371 $173,700 $0 $0
2019 $2,281 $41,500 $41,500 $0
2018 $1,177 $39,000 $39,000 $0
2017 $1,136 $39,000 $0 $0
2016 $220 $20,668 $0 $0
2015 -- $20,607 $0 $0
2014 -- $19,964 $0 $0
2013 -- $19,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23035434

Southwestern Michigan Association of REALTORS®

APN: 04-34-100-017