NOT LISTED FOR SALE

11126 Potter Rd Bear Lake, MI 49614

Estimated Value: $235,000 - $266,000

80 Acres
$3,117 Price per Acre
3,484,800 Sq Ft Lot

Last Sold October 06, 2015

Last sale price $90,000

Est. 177% increase in value since last sale

Current estimated payment $1,634/month

Highlights

  • Barn
  • Wooded Lot
  • Lot Has A Rolling Slope
  • 80 Acre Lot

About This Lot

As of October 2015

Beautiful 80 acre parcel of land with rolling hills, hardwoods and some open areas. There is a producing oil well on the property and the seller would consider selling the property with their oil and gas rights. There is an older garage and home on the property which neither have been used for many many years, the home is in very poor condition and DO NOT ENTER THE HOME, The garage appears to be useable. The owner said the well and septic systems have not been used for many many years and probably need to be replaced, any well/septic inspections will be at the cost of the buyer if requested.

Last Agent to Sell the Property

Bill Ringel

Ringel Real Estate License #6502101620 Listed on: 10/06/2015

Last Buyer's Agent

Pauline Jaquish

Ringel Real Estate License #6502126020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,769

Lot Details

  • 80 Acre Lot
  • Lot Dimensions are 1320 x 2640
  • The property's road front is unimproved
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Agr, Agr

Additional Features

  • Mineral Rights
  • Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,769

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 1320 x 2640
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1769.0
  • Tax Info:Zoning3: Agr
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Rolling Hills: Yes
  • Outbuildings:Barn: Yes
  • Mineral Rights:Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 119000.0
  • Lot Features: Wooded
  • Road Surface Type: Unimproved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 80.0
  • Lot Size Area: 80.0
  • Lot Size Sq Ft: 3484800.0
  • Zoning Description: Agr
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1769.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Oct 5, 2015
Sold by
Wussow Kurt E and Wussow Sheri
Bought by
Schmidt Robert and Schmidt Terri
Seller's Agent
Bill Ringel
Ringel Real Estate
Buyer's Agent
Pauline Jaquish
Ringel Real Estate
List Price
$135,000
Sold Price
$90,000
Premium/Discount to List
-$45,000
-33.33%
Current Estimated Value
$249,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,321
Avg. Annual Appreciation
11.20%
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
Schmidt Robert $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $90,000 -33.3% --
10/06/2015 10/06/15 For Sale $135,000 -- --
08/11/2015 08/11/15 Pending -- -- --
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 $3,338 $112,700 $0 $0
2024 $2,754 $84,100 $0 $0
2023 $2,628 $74,800 $0 $0
2022 $2,946 $65,300 $65,300 $0
2021 $2,899 $64,000 $64,000 $0
2020 $2,842 $63,500 $63,500 $0
2019 $2,837 $64,300 $64,300 $0
2018 $2,783 $63,400 $63,400 $0
2017 $2,614 $57,600 $57,600 $0
2016 $2,235 $56,600 $56,600 $0
2015 -- $73,600 $73,600 $0
2014 -- $73,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Ringel

    Seller's Agent in 2015

    Bill Ringel

    Ringel Real Estate

    (231) 723-9224

    32 Total Sales

    Bill Ringel
    Section Image

  • P

    Buyer's Agent in 2015

    Pauline Jaquish

    Ringel Real Estate

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14058177

Southwestern Michigan Association of REALTORS®

APN: 02-001-325-01

Michigan Manistee County Bear Lake 49614

11126 Potter Rd, Bear Lake, MI

This home is located at 11126 Potter Rd, Bear Lake, MI 49614 since 06 October 2015 and is currently estimated at $249,321. 11126 Potter Rd is a home located in Manistee County with nearby schools including Bear Lake Elementary School and Bear Lake 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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