NOT LISTED FOR SALE

11508 Mason Pit Rd Vanderbilt, MI 49795

Estimated Value: $114,998 - $192,000

2 Beds
1 Bath
500 Sq Ft
$296/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $50,000 $100 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $954/month

24 Days on Market

Highlights

  • Water Access
  • Double Pane Windows
  • Shed
  • 28 Acre Lot
  • Living Room
  • 1-Story Property

About This Home

As of April 2015

28 acres of prime hunting property with a cabin. The property has deer, elk, turkey, and touches the West Arm of the Sturgeon River. The 2-bedroom cabin has a new roof and furnace and is move in ready. Shooting lane that the deer travel has a permanent tree blind that is ideal. Minutes from I-75 for easy access, close to Thumb Lake for fishing and Boyne Mountain is right down the road if you love to ski. Mineral rights included, 2014 generated around $1500 in income. This is a year around up north retreat.

Last Listed By

JP Gerster

Pat O'Brien & Associates - Boyne City Listed on: 03/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Lot Details

  • 28 Acre Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 042-005-100-020-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 5T32 NR3W
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Mini Blinds, Refrigerator
  • Total Finished Sq Ft: 500
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Slab
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 500
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Double

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Lake: Sturgeon River
  • Roof: Asphalt Shingle
  • Waterfront Frontage: Unknown
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Vanderbilt

Lot Info

  • Estimated Number of Acres: 28
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 042-005-100-020-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Mellema-Mellema
Bought by
Chapa Family Limited Partnership
Total Days on Market
24
Current Estimated Value
$147,999

Purchase Details

Closed on
Jan 28, 2016
Sold by
Chapa Melissa R and Chapa Robert R
Bought by
Chapa Family Limited Partnership

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 28, 2015
Sold by
Carr Gary W
Bought by
Mellema Derek and Mellema Drew
Seller's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
Buyer's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Feb 16, 2015
Sold by
Karrie Lynn Karrie Lynn
Bought by
Carr Gary W

Purchase Details

Closed on
Jan 9, 2015
Sold by
Gary W Gary W and Allen Karrie L
Bought by
Chapa Robert R and Chapa Melissa R

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
Chapa Family Limited Partnership $50,000 --
Chapa Family Limited Partnership -- None Available
Mellema Derek $50,000 Attorneys Title Agency Llc
Carr Gary W -- --
Chapa Robert R $25,000 Attorneys Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $50,000 -15.3% $100 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $59,000 +12.4% $118 / Sq Ft
11/07/2013 11/07/13 Sold $52,500 -29.9% $105 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $74,900 -- $150 / Sq Ft
Source: Northern Michigan 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
2024 $1,542 $48,400 $0 $0
2023 $1,546 $42,800 $0 $0
2022 $1,455 $39,700 $0 $0
2021 $1,139 $36,800 $0 $0
2020 $1,334 $35,800 $0 $0
2019 $1,315 $35,700 $0 $0
2018 -- $33,600 $33,600 $0
2017 -- $29,900 $0 $0
2016 -- $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JP Gerster

    Seller's Agent in 2015

    JP Gerster

    Pat O'Brien & Associates - Boyne City

    (231) 675-2300

    83 Total Sales

    JP Gerster
    Section Image

  • C

    Seller's Agent in 2013

    C. Michael Doherty

    C. Michael Doherty Realty

    (517) 719-8432

    C. Michael Doherty
    Section Image
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Map

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Source: Northern Michigan MLS

MLS Number: 443629

Northern Michigan MLS

APN: 042-005-100-020-01

Michigan Otsego County Vanderbilt 49795

11508 Mason Pit Rd, Vanderbilt, MI

Homes for Sale in Vanderbilt, MI

This home is located at 11508 Mason Pit Rd, Vanderbilt, MI 49795 since 23 March 2015 and is currently estimated at $147,999, approximately $295 per square foot. 11508 Mason Pit Rd is a home located in Otsego County with nearby schools including Vanderbilt Area 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 Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.