$60,000
SOLD DEC 23, 2024

1207 Hangar Way Kewadin, MI 49648

0.22 Acre
$272,727 Price per Acre
9,583 Sq Ft Lot

Recently Sold

13% Below List Price

30 Days on Market

Highlights

  • Level Lot
  • Elk Rapids High School Rated A-
  • 1-minute walk to Torch Lake Day Park

About This Lot

As of December 2024

Prime commercial hangar lot, with already poured 50 x 56 cement pad, well and septic on site. It also has direct access to the runway, located in stunning Torch Lake, Michigan. Build your hangar and fly in and out to access one of the most beautiful places in our country. This commercially zoned parcel allows for you to be a part of this unique, growing aviation community. The association has approved the paving of one Runway (9-27) and is working with architects to finalize the plans to pave a 3000’ runway with pilot-controlled lighting which will include PAPI’s on both ends. This unique small airport will have a culture of aviation and these lots won't last long. The assessments are current and HOA dues are minimal annually. Underground electric is on-site. There are only 14 commercial lots TOTAL in the whole Airpark!! Reserve yours today and fly into your Northern Michigan adventure. Located just minutes from Torch Lake, golf courses, wineries, Village of Elk Rapids, Charlevoix and Bay Harbor.

Last Agent to Sell the Property

Kellie Sergent

Century 21 Northland-Elk Rapids License #6506048950 Listed on: 10/28/2024

Century 21 Northland-Elk Rapids

Last Buyer's Agent

Kellie Sergent

Century 21 Northland-Elk Rapids License #6506048950 Listed on: 10/28/2024

Century 21 Northland-Elk Rapids

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80 x 120
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $42 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Torchport Airpark Community

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$3

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 25
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 272727.27
  • Range: R 19W

Exterior Features

  • Number Of Acres: 0.22
  • Road: Private Owned, Blacktop, Privately Maintained

Utilities

  • Utilities Available: Underground Electric
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 500
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Torchport Airpark

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Land Features: Level, Cleared
  • Lot Dimensions: 80 x 120
  • Zoning Use Restrictions: Commercial, Site Condominium, Deed Restrictions, Bldg & Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Szynal Stephen
Bought by
Szynal Holdings Llc
Current Estimated Value
$142,461

Purchase Details

Closed on
Aug 10, 2015
Sold by
Vancoe Jane M and Varcoe Randall A
Bought by
Szynal Stephen

Purchase Details

Closed on
Aug 7, 2015
Sold by
Waswagonink Resorts Llc
Bought by
Varcoe Jane M and Varcoe Randall A

Purchase Details

Closed on
Jul 14, 2011
Bought by
Waswagonink Resorts Llc
Source: Public Records

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Range of Values:

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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 -- None Available
Warranty Deed -- None Available
Warranty Deed $78,000 None Available
Deed $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $60,000 -13.0% --
11/27/2024 11/27/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $69,000 -- --
Source: Northern Great Lakes REALTORS® 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 $3 $13,900 $0 $0
2023 $276 $13,900 $0 $0
2022 $1,466 $36,500 $0 $0
2021 $1,393 $34,800 $0 $0
2020 $1,350 $34,500 $0 $0
2019 $1,381 $34,200 $0 $0
2018 $1,353 $33,500 $0 $0
2017 $1,327 $32,100 $0 $0
2016 $1,133 $32,600 $0 $0
2015 -- $30,400 $0 $0
2014 -- $30,600 $0 $0
2013 -- $31,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1928555

Northern Great Lakes REALTORS® MLS

APN: 05-14-770-010-00