NOT LISTED FOR SALE

12867 U S 131 Schoolcraft, MI 49087

Estimated Value: $362,821

1.72 Acres
$210,942 Price per Acre
74,923 Sq Ft Lot

Last Sold May 18, 2020

Last sale price $52,500

Est. 591% increase in value since last sale

Current estimated payment $2,577/month

783 Days on Market

About This Lot

As of May 2020

Excellent location on busy US 131. Perfect for a number of different businesses. Vacant land right next door is also available for purchase.

Property is currently leased, see attached documents. $3800 per year.

(Depth of property approximately 500 ft)

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 03/08/2018

Last Buyer's Agent

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 03/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $899

Lot Details

  • 1.72 Acre Lot
  • Cleared Lot
  • Finished Lot(s)

Utilities

  • Septic Tank
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$899

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 150 x irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 899.0
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Cleared: Yes
  • Util Avail at Street:Telephone: Yes
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Telephone Line: Yes
  • Utilities Attached:Public Water2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 60000.0
  • Lot Features: Buildable, Cleared
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.72
  • Lot Size Area: 1.72
  • Lot Size Sq Ft: 74923.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 899.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Peninger Scott R and Peninger Cherie A
Bought by
Tas Leasing Llc
Current Estimated Value
$362,821

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 13, 2020
Sold by
Dalley Steven A
Bought by
Peninger Scott R and Peninger Cherie A
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Patrick O'Brien
O'Brien Real Estate
List Price
$99,000
Sold Price
$52,500
Premium/Discount to List
-$46,500
-46.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.95%
Source: Public Records

Range of Values:

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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
Tas Leasing Llc $300,000 --
Peninger Scott R $52,500 Devon Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $52,500 -47.0% --
04/29/2020 04/29/20 Pending -- -- --
03/08/2018 03/08/18 For Sale $99,000 -- --
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 $7,910 $165,200 $0 $0
2024 $1,656 $154,400 $0 $0
2023 $1,569 $146,100 $0 $0
2022 $963 $18,800 $0 $0
2021 $965 $18,800 $0 $0
2020 $882 $17,300 $0 $0
2019 $804 $17,300 $0 $0
2018 $804 $17,300 $0 $0
2017 $0 $17,300 $0 $0
2016 -- $18,800 $0 $0
2015 -- $43,200 $43,200 $0
2014 -- $43,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick O'Brien

    Seller's Agent in 2020

    Patrick O'Brien

    O'Brien Real Estate

    (269) 207-7446

    2 in this area

    304 Total Sales

    Patrick O'Brien
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18008438

Southwestern Michigan Association of REALTORS®

APN: 14-07-455-030

Michigan Kalamazoo County Schoolcraft 49087

12867 U S 131, Schoolcraft, MI

This home is located at 12867 U S 131, Schoolcraft, MI 49087 since 08 March 2018 and is currently estimated at $362,821. 12867 U S 131 is a home located in Kalamazoo County with nearby schools including Schoolcraft Upper Elementary School, Schoolcraft Middle School, and Schoolcraft High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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