NOT LISTED FOR SALE

12138 T Rd Rapid River, MI 49878

Estimated Value: $135,000 - $462,180

2 Beds
1.5 Baths
1,114 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $65,797 $59 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $2,140/month

337 Days on Market

Highlights

  • River Front
  • Wood Burning Stove
  • Bathroom on Main Level
  • 40 Acre Lot
  • 4 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2012

BEAUTIFUL 40 ACRES WITH THE RAID RIVER RUNNING THROUGH IT. THIS AFFORDABLE PLACE WOULD MAKE A GREAT CAMP/COTTAGE OR THE PERFECT PLACE TO BUILD A NEW HOME. PLENTY OF ROOM FOR A HOBBY FARM. TWO OLDER MOBILE HOMES ARE ATTACHED BY CONVENTIONAL FRAME ADDITION. LARGE GARAGE WITH POWER. ALSO LISTED ON MLS #1059756

Last Agent to Sell the Property

Jamie Frost-Jensen

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 05/16/2011

Last Buyer's Agent

Jamie Frost-Jensen

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 05/16/2011

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1975

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320' x 1320'
  • River Front

Parking

  • 4 Car Detached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Space Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01223201600

Property Details

Home Type

Manufactured Home

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1975
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Fireplaces: Wood Stove
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 11
  • Bedroom 4: On 1st Floor, Dimensions: 6 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 9
  • Family Room: On 1st Floor, Dimensions: 11 x 16
  • Kitchen: On 1st Floor, Dimensions: 11 x 15
  • Living Room: On 1st Floor, Dimensions: 15 x 16
  • Total Finished Sq Ft: 1114
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding, Wood
  • Foundation: Crawl, Slab
  • Lake Name: Rapid River
  • Water Features: River Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Space Heater
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 01223201600
  • Lot Dimensions: 1320' x 1320'
  • Acreage: 40
  • Geo Subdivision: MI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2011
Closed on
May 22, 2012
Sold by
Schaub Diane
Bought by
Hastings Damon
Seller's Agent
Jamie Frost-Jensen
PREMIER REAL ESTATE, INC.
Buyer's Agent
Jamie Frost-Jensen
PREMIER REAL ESTATE, INC.
List Price
$89,000
Sold Price
$65,797
Premium/Discount to List
-$23,203
-26.07%
Current Estimated Value
$389,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,035
Avg. Annual Appreciation
11.73%
Original Mortgage
$65,800
Outstanding Balance
$45,590
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$253,000

Purchase Details

Closed on
May 5, 2010
Sold by
Daniel Steven Daniel Steven
Bought by
Schaub Diane Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hastings Damon -- --
Schaub Diane Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Damon $65,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2012 05/24/12 Sold $65,797 -26.1% $59 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
05/16/2011 05/16/11 For Sale $89,000 -- $80 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,219 $191,600 $0 $0
2024 $1,185 $192,000 $0 $0
2023 $1,131 $168,900 $0 $0
2022 $2,880 $145,400 $0 $0
2021 $2,788 $135,300 $0 $0
2020 $2,720 $132,500 $0 $0
2019 $2,615 $129,600 $0 $0
2018 $2,554 $120,400 $0 $0
2017 $965 $142,677 $0 $0
2016 $2,385 $141,840 $0 $0
2014 -- $62,642 $0 $0
2013 -- $62,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jamie Frost-Jensen

    PREMIER REAL ESTATE, INC.

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10001029

Upper Peninsula Association of REALTORS®

APN: 21-012-232-016-00

Michigan Delta County Rapid River 49878

12138 T Rd, Rapid River, MI

Not Listed for Sale

Mobile Manufactured

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