$120,000
SOLD OCT 10, 2025

12381 E County Road 462 Newberry, MI 49868

120 Acres
$1,000 Price per Acre
5,227,200 Sq Ft Lot

Recently Sold

14% Below List Price

123 Days on Market

About This Lot

As of October 2025

WOW! 120 Acres of Opportunity Just North of Newberry! This expansive property is packed with potential- located on a year-round, paved road with power already installed and a large barn on site! Once an operating sawmill, the property still holds much of the original equipment, including a chopsaw, notcher, bandsaw, table saw, jointer, and planer--all of which convey with the sale. Powering this operation is a simulated 3-phase system with a 400-amp service already in place!The land spans three L-shaped 40-acre parcels (totaling 120 acres), with the 39 Creek meandering through the southern portion and reaching up toward the southeast corner of the northern 40. While much of the land is low and wet, the area around the barn is high and cleared--ideal for building or development.

Last Agent to Sell the Property

Marissa Metcalf

Cummings-McCraney License #6501430978 Listed on: 06/04/2025

Last Buyer's Agent

Abby Magnuson

Cummings-McCraney

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cleared Acreage: 80+ Acres
  • Directions: From office, head N, once you cross the RR tracks, go .3 miles, turn right onto Co Rd 462, head down 1.6 miles, property is to the right
  • Financial Info Electric: Available, Installed
  • Lake River Frontage: 39.00
  • Listing Member Name: Marissa Metcalf
  • Prop. Type: C
  • Road Surface: Black Top
  • Co Selling Member Short Id: 0259
  • Selling Office Short Id: 0139
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Access: County Road, Paved
  • Driveway Features:Turnaround Drive: Dirt
  • Water Extras: Pole Barn

Schools

  • Junior High Dist: Tahquamenon

Lot Info

  • Lot Size: 3- 1320x1320 L shaped
  • Estimated Number of Acres: 120.00

Rental Info

  • Lease Terms: Cash, Conventional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2011
Sold by
Gibson Elsie Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $120,000 -13.7% --
10/06/2025 10/06/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $139,000 -- --

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 $818 $49,800 $0 $0
2024 $605 $48,600 $0 $0
2023 $605 $53,500 $0 $0
2022 $605 $38,500 $0 $0
2021 $605 $38,900 $0 $0
2020 $605 $38,800 $0 $0
2019 $605 $39,000 $0 $0
2018 $605 $39,500 $0 $0
2017 $605 $30,500 $0 $0
2016 $584 $30,500 $0 $0
2014 $561 $30,500 $0 $0
2013 $561 $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marissa Metcalf

    Seller's Agent in 2025

    Marissa Metcalf

    Cummings-McCraney

    (906) 440-4534

    161 Total Sales

    Marissa Metcalf
    Section Image

  • A

    Buyer's Agent in 2025

    Abby Magnuson

    Cummings-McCraney

    (906) 586-9812

    228 Total Sales

    Abby Magnuson
    Section Image
See All Agents

Map

Michigan Luce County Newberry 49868

12381 E County Road 462, Newberry, MI

Sold

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes