NOT LISTED FOR SALE

123 E Eliza St Schoolcraft, MI 49087

Estimated Value: $163,948 - $290,000

0.69 Acre
$343,097 Price per Acre
30,056 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $7,500

Est. 3,056% increase in value since last sale

Current estimated payment $1,269/month

13 Days on Market

About This Lot

As of May 2016

Vacant lot, approximately 0.69 acre, in the Village of Schoolcraft with road frontage on East Eliza and Robinson. The buyer and agent must register and submit offers at https://www.auction.com/. (Register at http://www.auction.com/broker-registration/residential.php). Contact agent for info. Auction results may take up to 7 calendar days after auction closes. $2000 buyer premium paid at closing. •Bank of America employees, household members or business partners prohibited from purchasing.

Last Agent to Sell the Property

Terrie Boven

Hoffman REALTORS License #6501218956 Listed on: 04/13/2016

Hoffman REALTORS

Last Buyer's Agent

Tim Brown

Five Star Real Estate License #6502123960

Five Star Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 236x128
  • Level Lot

Utilities

  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 236x128
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 792.0
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Telephone: Yes
  • Sale Conditions:REOBank Owned2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 8750.0
  • Lot Features: Sidewalk
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Sq Ft: 30056.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 792.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
Lambe David
Bought by
Hayward Management Llc
Current Estimated Value
$236,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,930
Outstanding Balance
$139,930
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$96,807

Purchase Details

Closed on
May 18, 2020
Sold by
Musselman Matthew
Bought by
Musselman Matthew and Musselman Chelsea

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 18, 2016
Sold by
Bank Of America Na
Bought by
Musselman Matthew and Musselman Chelsea
Seller's Agent
Terrie Boven
Hoffman REALTORS
Buyer's Agent
Tim Brown
Five Star Real Estate
List Price
$8,750
Sold Price
$7,500
Premium/Discount to List
-$1,250
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.06%

Purchase Details

Closed on
Nov 20, 2014
Sold by
Turmage Kirby L and Turnage Luann
Bought by
Bank Of America Na
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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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
Hayward Management Llc $199,900 Chicago Title
Hayward Management Llc $199,900 Chicago Title
Musselman Matthew -- None Available
Musselman Matthew -- None Available
Musselman Matthew $7,500 Kens Title Searches
Bank Of America Na $105,480 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward Management Llc $139,930
Closed Hayward Management Llc $139,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $7,500 -14.3% --
04/26/2016 04/26/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $8,750 -- --
Source: MichRIC

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 $373 $14,900 $0 $0
2024 $363 $13,700 $0 $0
2023 $355 $13,400 $0 $0
2022 $636 $12,900 $0 $0
2021 $618 $12,800 $0 $0
2020 $606 $11,900 $0 $0
2019 $555 $9,000 $0 $0
2018 $555 $9,000 $0 $0
2017 $0 $9,000 $0 $0
2016 -- $27,200 $0 $0
2015 -- $25,300 $9,000 $16,300
2014 -- $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16015947

MichRIC

APN: 14-18-454-140