NOT LISTED FOR SALE

12521 Russell St Bear Lake, MI 49614

Estimated Value: $222,000 - $288,000

-- Bed
2 Baths
1,320 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $90,000 $68 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,517/month

12 Days on Market

Highlights

  • Water Views
  • 1 Car Attached Garage
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Hot Water Heating System
  • 1-Story Property

About This Home

As of August 2021

Opportunity for making something out of an obsolete property. This building was a special use Commercial Use. Residential only now. Would make an amazing home with renovations. Building sits on the hill with great views of Bear Lake. Large 1/2 Acre parcel is wooded with large lawn. The building has an under the building garage. Solid foundation. With a bit of adjustment in layout could have beautiful living space with views and at least 3 bedrooms & 2 baths. Lots of plumbing has been run through the building. There are a few items left in the building which will be cleared out prior to closing. Property is a short walk to Bear Lake Schools & Bear Lake Beach Access. Call today to capture this opportunity in the lovely Village of Bear Lake.

Last Agent to Sell the Property

Virginia Pelton

CENTURY 21 Northland License #6501323236 Listed on: 07/02/2021

CENTURY 21 Northland

Last Buyer's Agent

Virginia Pelton

West Shore Rental Management

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1972

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 185 x 135
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,320 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Septic System

Property Details

Home Type

Manufactured Home

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Manufactured Home
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Manufactured Home
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 185 x 135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1320.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3000.0
  • Tax Info:Zoning3: Residential Imp
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: Yes
  • Substructure:Full: Yes
  • Water:Public2: Yes
  • Lot Description:Rolling Hills: Yes
  • Heat Type:Hot Water: Yes
  • General Property Info:SqFt Above Grade: 1320.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Fireplace: No
  • Half Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1320.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1320.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129000.0
  • Lot Features: Wooded, Rolling Hills
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Area: 0.57
  • Lot Dimensions: 185 x 135
  • Lot Size Sq Ft: 24975.0
  • Zoning Description: Residential Imp
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 26, 2021
Sold by
Olson Family Trust
Bought by
Spearman Barbara R and Kaiser Billy J
Seller's Agent
Virginia Pelton
CENTURY 21 Northland
Buyer's Agent
Virginia Pelton
CENTURY 21 Northland
List Price
$129,000
Sold Price
$90,000
Premium/Discount to List
-$39,000
-30.23%
Current Estimated Value
$244,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,159
Avg. Annual Appreciation
25.59%
Source: Public Records

Range of Values:

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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
Spearman Barbara R $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $90,000 -30.2% $68 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $129,000 -- $98 / Sq Ft
Source: Southwestern Michigan 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 $2,602 $112,100 $0 $0
2024 $2,146 $83,900 $0 $0
2023 $2,049 $64,100 $0 $0
2022 $2,296 $50,900 $3,400 $47,500
2021 $1,380 $41,700 $6,900 $34,800
2020 $1,344 $54,200 $6,900 $47,300
2019 $1,330 $52,500 $6,900 $45,600
2018 $1,304 $42,300 $6,900 $35,400
2017 $1,290 $44,600 $6,900 $37,700
2016 $1,103 $44,600 $6,900 $37,700
2015 -- $45,000 $6,900 $38,100
2014 -- $44,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025745

Southwestern Michigan Association of REALTORS®

APN: 02-581-715-11