F
Seller's Agent in 2024
Faris Kheir
BOMIC Real Estate
(586) 495-2300
1 in this area
1 Total Sale
11815 Dixie Hwy Birch Run, MI 48415
Estimated Value: $203,860 - $250,000
1
Acre
$226,930
Price per Acre
43,560
Sq Ft Lot
About This Lot
As of August 2024For all investors that are looking to build a strip center or apartment, well my friend this is the one for you. Location, location, location is the key, this property is in the best area in Birch Run, Michigan. Minutes from Frankenmuth and it is in front of Meijers Super Market. Birch Run Mall is one minute from the property and exit 136 on I-75 is the second busiest exit. Survey done. Engineering and floor site plan is completed. Just need the new buyer to submit the plan to the city of Birch Run for approval, don't hesitate to call Bomic Real Estate @ 989/624-4444 or Faris Kheir @ 586/495-2300 for more information.
Last Agent to Sell the Property
BOMIC Real Estate License #SBR-6501346609 Listed on: 01/03/2024
Property Details
Property Type
- Land
Est. Annual Taxes
Lot Details
- 1 Acre Lot
- Property is zoned Commercial
Listing and Financial Details
- Assessor Parcel Number 05106213011000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Aug 9, 2024
Sold by
Gattas Jeer Fais
Bought by
Derocher Robert J and Derocher Ngoc M
Seller's Agent
Faris Kheir
BOMIC Real Estate
Buyer's Agent
Faris Kheir
BOMIC Real Estate
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,930
Avg. Annual Appreciation
3.58%
Original Mortgage
$160,000
Outstanding Balance
$158,359
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$49,319
Purchase Details
Listed on
Feb 4, 2016
Closed on
Aug 29, 2016
Sold by
Earl D Ostrander D and Earl Ella M
Bought by
Jeer Fais G
Seller's Agent
Faris Kheir
Century 21 Professionals Sterling Heights
Buyer's Agent
Faris Kheir
Century 21 Professionals Sterling Heights
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Interest Rate
3.43%
Purchase Details
Closed on
Nov 8, 2002
Sold by
Ostrander Earl D and Ostrander Ella M
Bought by
Ostrander Earl D and Ostrander Ella M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derocher Robert J | $200,000 | Homeland Title Services | |
| Jeer Fais G | $85,000 | -- | |
| Ostrander Earl D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derocher Robert J | $160,000 | |
| Previous Owner | Jeer Fais G | -- | |
| Previous Owner | Ostrander Earl D | $53,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $200,000 | -8.7% | -- |
| 04/04/2024 04/04/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $219,000 | +157.6% | -- |
| 08/01/2016 08/01/16 | Sold | $85,000 | -22.7% | -- |
| 06/14/2016 06/14/16 | Pending | -- | -- | -- |
| 02/04/2016 02/04/16 | For Sale | $110,000 | -- | -- |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $717 | $50,100 | $0 | $0 |
| 2024 | $156 | $40,100 | $0 | $0 |
| 2023 | $149 | $35,600 | $0 | $0 |
| 2022 | $628 | $35,600 | $0 | $0 |
| 2021 | $585 | $35,600 | $0 | $0 |
| 2020 | $576 | $35,600 | $0 | $0 |
| 2019 | $555 | $35,600 | $0 | $0 |
| 2018 | $130 | $12,300 | $0 | $0 |
| 2017 | $1,742 | $36,100 | $0 | $0 |
| 2016 | $967 | $32,900 | $0 | $0 |
| 2014 | -- | $33,800 | $0 | $24,700 |
| 2013 | -- | $33,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Faris Kheir
Map
Source: Michigan Multiple Listing Service
MLS Number: 50130801
APN: 05106213011000
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Source MLS: MiRealSource
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