NOT LISTED FOR SALE

1235 Corbat Rd Onaway, MI 49765

Estimated Value: $176,000 - $629,000

4 Beds
2 Baths
1,450 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $159,000 $110 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,066/month

155 Days on Market

Highlights

  • Waterfront
  • Hydromassage or Jetted Bathtub
  • Living Room
  • Ranch Style House
  • Fireplace
  • Forced Air Heating System

About This Home

As of May 2014

What a great opportunity--two cabins for the price of one on beautiful Hangore Bay, Black Lake! With its calm water and rippling sand, this is a wonderful swimming & boating area. This is a turn key property which also includes an Amish log cabin for additional sleeping space plus a large outdoor gazebo with hot tub. With a great rental history, you can continue to enjoy the solid income or use it as a wonderful family getaway! Either way, it is a great value and should be seen to be truly appreciated!

Last Agent to Sell the Property

JOANNE SUTTON

COLDWELL BANKER SCHMIDT CHEBOYGAN License #6502384896 Listed on: 10/04/2013

Last Buyer's Agent

Linda Jakeway

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045142

COLDWELL BANKER SCHMIDT INDIAN RIVER

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 66 x 132
  • Waterfront

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Above Grade Finished Sq Ft: 1450.00
  • Home Age: 31+ Years Approx
  • Directions: South Black River Rd. to Corbat. Property is at the end of the road.
  • Garage Yn: No
  • Lot Size: 66 x 132
  • Open House Office I D: 20050121235011003506000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Type Of Business: Business Opportunity, Income Property
  • Interior Amenities: Fireplace, Jet Tub
  • Laundry: None
  • Total Bathrooms: 2.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Concrete Block
  • Exterior: Block, Wood
  • Foundation: Slab
  • Road: Gravel
  • Waterfront: Yes

Garage/Parking

  • Garage Type: None

Utilities

  • Heating Air: Forced Air, Natural Gas
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Onaway
  • Elem School Dist Number: 1235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
May 15, 2014
Sold by
Debora A Debora A
Bought by
Newbright Kent S and Newbright Theresa J
Seller's Agent
JOANNE SUTTON
COLDWELL BANKER SCHMIDT CHEBOYGAN
Buyer's Agent
Linda Jakeway
COLDWELL BANKER SCHMIDT INDIAN RIVER
Sold Price
$159,000
Current Estimated Value
$351,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,786
Avg. Annual Appreciation
6.99%
Original Mortgage
$127,200
Outstanding Balance
$94,757
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,029

Purchase Details

Closed on
Mar 16, 2010
Sold by
Finlay David
Bought by
Finlay Debora A
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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Purchase History

Date Buyer Sale Price Title Company
Newbright Kent S $159,000 Talon Title Agency
Finlay Debora A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbright Kent S $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $159,000 -- $110 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $3,046 $122,700 $0 $0
2024 $933 $119,000 $0 $0
2023 $894 $111,000 $0 $0
2022 $852 $98,800 $0 $0
2021 $2,738 $94,300 $94,300 $0
2020 $2,717 $73,400 $73,400 $0
2019 $2,650 $67,700 $67,700 $0
2018 $2,663 $75,700 $0 $0
2017 $2,582 $66,600 $0 $0
2016 $2,827 $73,600 $0 $0
2015 -- $73,200 $0 $0
2014 -- $71,300 $0 $0
2012 -- $76,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 287543

Water Wonderland Board of REALTORS®

APN: 182-H03-001-019-04

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