NOT LISTED FOR SALE

Estimated Value: $326,000 - $1,480,000

4.02 Acres
$270,625 Price per Acre
175,111 Sq Ft Lot

Last Sold February 03, 2012

Last sale price $540,000

Est. 101% increase in value since last sale

Current estimated payment $5,980/month

614 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Beach
  • Wooded Lot
  • Chikaming Elementary School Rated A-
  • Community Lake

About This Lot

As of February 2012

The last vacant lakefront lot in Highland Shores, a private association of fine homes with 650' of private Lake Michigan beach.

Last Agent to Sell the Property

Charles Steffey

Olson Real Estate Listed on: 05/21/2010

Last Buyer's Agent

Jerry Olson

Cressy & Everett R.E. of Harbor Country License #6506019842

Cressy & Everett R.E.  of Harbor Country

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,585

Lot Details

  • 65 Feet of Waterfront
  • Property fronts a private road
  • Wooded Lot

Utilities

  • Cable TV Available

Community Details

Overview

  • Community Lake
  • Property is near a ravine

Recreation

  • Waterfront Owned by Association
  • Beach
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,585

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 9585.0
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 65.0
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 950000.0
  • Lot Features: Ravine, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Michigan
  • Waterfront Features: Assoc Access
  • Waterfront: Yes

Utilities

  • Utilities: None Connected, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available

Condo/Co-op/Association

  • Association Amenities: Beach Area
  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Beach Area: Yes

Lot Info

  • Lot Dimensions: irregular
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9585.0
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2010
Closed on
Jan 25, 2012
Sold by
Manning William H and Mickelsen Ruth A
Bought by
Polaris Limited Partnership
Seller's Agent
Charles Steffey
Olson Real Estate
Buyer's Agent
Jerry Olson
Cressy & Everett R.E. of Harbor Country
List Price
$1,400,000
Sold Price
$540,000
Premium/Discount to List
-$860,000
-61.43%
Current Estimated Value
$1,087,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,912
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Jul 27, 2000

Purchase Details

Closed on
Dec 15, 1997

Purchase Details

Closed on
Jul 7, 1995

Purchase Details

Closed on
Aug 3, 1993

Purchase Details

Closed on
May 8, 1990
Source: Public Records

Range of Values:

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Average Value
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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
Polaris Limited Partnership -- Multiple
-- $550,000 --
-- $100 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2012 02/03/12 Sold $540,000 -61.4% --
01/25/2012 01/25/12 Pending -- -- --
05/21/2010 05/21/10 For Sale $1,400,000 -- --
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 $3,080 $538,400 $0 $0
2024 $2,657 $452,600 $0 $0
2023 $2,531 $356,900 $0 $0
2022 $2,410 $371,400 $0 $0
2021 $2,717 $288,200 $288,200 $0
2020 $2,604 $365,800 $0 $0
2019 $2,506 $424,300 $424,300 $0
2018 $11,337 $424,300 $0 $0
2017 $11,128 $424,300 $0 $0
2016 $10,633 $424,300 $0 $0
2015 $10,561 $424,300 $0 $0
2014 $9,405 $282,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 10023452

MichRIC

APN: 11-07-3176-0004-00-6