NOT LISTED FOR SALE

111 Chocolay River Trail Unit Lot 16 Marquette, MI 49855

Estimated Value: $852,000 - $1,043,470

1.62 Acres
$597,141 Price per Acre
70,567 Sq Ft Lot

Last Sold July 23, 2012

Last sale price $54,000

Est. 1,691% increase in value since last sale

Current estimated payment $5,153/month

177 Days on Market

Highlights

  • River Front
  • 1.62 Acre Lot
  • Lot Has A Rolling Slope
  • Marquette Senior High School Rated A-
  • Wooded Lot

About This Lot

As of July 2012

Beautiful river lot in Chocolay River Estates. It is a site condominium with common ground to all and by-laws to protect the home owner. This spacious 1.6+ acre site has over 200 ft of frontage, high area for development, and twp sewer, electricity, telephone, & cable. Annual road maintenace, which includes snow plowing is approximately $250. Location is close to Marquette, yet offers a rural setting. Development newer upscale homes and is a bird watchers paradise. The Chocolay R provides great trout fishing, canoeing, and sight seeing. If you are looking for a ideal palce for your dream home, this could be it.

Last Agent to Sell the Property

John Driver

RE/MAX 1ST REALTY License #UPAR-6501131250 Listed on: 12/14/2011

Last Buyer's Agent

JULIE LAITURI

SELECT REALTY License #UPAR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 200x300x226x400
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 52-02-490-016-00

Property Details

Property Type

Land

Est. Annual Taxes

$44

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Total Tax Year: 2011
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Name: Chocolay River
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: Paved Street

Utilities

  • Water: None
  • Sewer/Septic System: Public Sanitary
  • Fuel On Site: Electric, Natural Gas

Schools

  • School District: Marquette Area School District

Lot Info

  • Assessor Parcel Number: 52-02-490-016-00
  • Acreage: 1.62
  • Lot Description: Rolling/Hilly, Wooded
  • Lot Size: 200x300x226x400
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2011

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Hellman Matthew R and Hellman Patricia A
Bought by
Lemanek Rory W and Lemanek Leslie M
Current Estimated Value
$967,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,500
Outstanding Balance
$801,528
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$165,840
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
Lemanek Rory W $975,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemanek Rory W $806,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold $54,000 -9.8% --
06/08/2012 06/08/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $59,900 -- --
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
2025 $44 $407,600 $0 $0
2024 $44 $379,800 $0 $0
2023 $3,178 $309,600 $0 $0
2022 $3,305 $304,400 $0 $0
2021 $6,161 $294,400 $0 $0
2020 $2,883 $304,400 $0 $0
2019 $5,997 $291,500 $0 $0
2018 $5,861 $243,900 $0 $0
2017 $5,799 $244,500 $0 $0
2016 $5,667 $240,700 $0 $0
2015 -- $240,700 $0 $0
2014 -- $242,600 $0 $0
2012 -- $46,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10049311

Upper Peninsula Association of REALTORS®

APN: 52-02-490-016-00