NOT LISTED FOR SALE

12086 Silver Lake Rd Byron, MI 48418

Estimated Value: $628,371

100 Acres
$6,284 Price per Acre
4,356,000 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $440,000

Est. 43% increase in value since last sale

Current estimated payment $4,170/month

47 Days on Market

Highlights

  • River Front
  • 100 Acre Lot
  • Silo

About This Lot

As of August 2020

Investors/Developers - don't miss out! 100 Acres on Silver Lake Rd, Byron MI - Approx. 1/4 mile frontage on the north side of road with Shiawassee River Frontage and 1/2 mile frontage on south side of Silver Lake Rd. Approx 82 acres farmed. Great location for developing! Many splits available. Old house on property has burned down, but still includes a garage, well, and a silo on the property. Beautiful build sites with river frontage and on a paved road! Buyer responsible to verify frontage and to verify homestead status/tax rate.

Last Agent to Sell the Property

Morgan Beilfuss

THE HOME OFFICE REALTY LLC License #SAOR-277052 Listed on: 05/01/2020

Last Buyer's Agent

Morgan Beilfuss

THE HOME OFFICE REALTY LLC License #SAOR-277052 Listed on: 05/01/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 100 Acre Lot
  • 2,700 Ft Wide Lot
  • River Front
  • Rural Setting

Farming

  • Silo

Listing and Financial Details

  • Assessor Parcel Number 01-19-400-004

Property Details

Property Type

Land

Est. Annual Taxes

$3,643

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 3643
  • Total Tax Year: 2019
  • Mail City: Byron
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 2700
  • Lake Name: Shiawassee River
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: Paved Street
  • Frontage Type: Water

Utilities

  • Water: Private Well

Lot Info

  • Farm Features: Silo(s)
  • Assessor Parcel Number: 01-19-400-004
  • Location: Rural
  • Acreage: 100
  • Lot Size: 100
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,309.32
  • Winter Tax: Year: 2019, Amount: $2,334.22
  • Total Tax: Year: 2019, Amount: $3,643.00

MLS Schools

  • School District: Byron Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 12, 2020
Sold by
Malfa Carol A and Estate Of James C Brock
Bought by
Werner Spence M and Werner Stephanie D
Seller's Agent
Morgan Beilfuss
THE HOME OFFICE REALTY LLC
Buyer's Agent
Morgan Beilfuss
THE HOME OFFICE REALTY LLC
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%
Current Estimated Value
$628,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,371
Avg. Annual Appreciation
6.68%
Original Mortgage
$352,000
Outstanding Balance
$311,667
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$314,312
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Werner Spence M $440,000 Mason Burgess Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Spence M $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $440,000 -4.3% --
06/17/2020 06/17/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $460,000 -- --
Source: Michigan Multiple Listing Service

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 $10,880 $419,700 $0 $0
2024 $4,254 $409,800 $0 $0
2023 $4,058 $377,700 $0 $0
2022 $7,291 $335,900 $0 $0
2021 $5,528 $182,100 $0 $0
2020 $1,331 $178,400 $0 $0
2019 $1,309 $175,800 $0 $0
2018 $3,613 $155,700 $0 $0
2017 $3,384 $155,700 $0 $0
2016 $3,365 $154,600 $0 $0
2015 $2,789 $149,800 $0 $0
2014 $1,208 $148,700 $0 $0
2012 -- $165,900 $165,900 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Morgan Beilfuss

    THE HOME OFFICE REALTY LLC

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010144

Michigan Multiple Listing Service

APN: 01-19-400-004

Michigan Genesee County Byron 48418

12086 Silver Lake Rd, Byron, MI

Not Listed for Sale

Lots

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