$52,500
SOLD NOV 7, 2013

11508 Mason Pit Rd Vanderbilt, MI 49795

2 Beds
1 Bath
500 Sq Ft
40 Acres

Recently Sold

$105 Per Sq Ft

30% Below List Price

Highlights

  • Water Access
  • Lower Floor Utility Room
  • 1-Story Property
  • 40 Acre Lot
  • Living Room

About This Home

As of April 2015

40 acres of undeveloped and untouched forest land available in Vanderbilt, MI. Included on property is a cozy, small, red cabin, with a brand new roof, and electrical/heating hook ups. Cabin needs updating, but is structurally sound. Property is located minutes from I-75, less than 5 miles from pristine Lake Louise/Thumb Lake, and less than 15 minutes from Gaylord and 20 minutes from Boyne City. Ideal for hunters and snowmobilers!

Last Agent to Sell the Property

C. Michael Doherty

C. Michael Doherty Realty License #6504080903 Listed on: 06/30/2013

Last Buyer's Agent

C. Michael Doherty

C. Michael Doherty Realty License #6504080903 Listed on: 06/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Lot Details

  • 40 Acre Lot
  • Property is zoned FR

Home Design

  • Wood Frame Construction

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom located in the basement
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Listing and Financial Details

  • Assessor Parcel Number 042-005-100-020-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 5T32NR3W
  • S E V Yr: 43,300 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 500
  • Master Bedroom: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 3
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Lower
  • Family Room: On Level: N/A
  • Living Room: On Level: Lower
  • Above Grade Finished Sq Ft: 500
  • Bathroom 1: On Level: Lower
  • 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

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Lake: Sturgeon River
  • Waterfront Frontage: unknown
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Schools

  • School District: Vanderbilt

Lot Info

  • Estimated Number of Acres: 40
  • Zoning: FR

Tax Info

  • Assessor Parcel Number: 042-005-100-020-00

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
Current Estimated Value
$145,634

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
10.48%

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
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 Type Sale Price Title Company
Warranty Deed $50,000 --
Quit Claim Deed -- None Available
Warranty Deed $50,000 Attorneys Title Agency Llc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $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

    88 Total Sales

    Section Image

  • C

    Seller's Agent in 2013

    C. Michael Doherty

    C. Michael Doherty Realty

    (517) 719-8432

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Map

Source: Northern Michigan MLS

MLS Number: 437600

Northern Michigan MLS

APN: 042-005-100-020-01

Michigan Otsego County Vanderbilt 49795

11508 Mason Pit Rd, Vanderbilt, MI

This home is located at 11508 Mason Pit Rd, Vanderbilt, MI 49795 and is currently priced at $52,500, approximately $105 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.

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