NOT LISTED FOR SALE

12961 Torch River Rd Rapid City, MI 49676

Estimated Value: $121,000 - $212,000

2.1 Acres
$77,575 Price per Acre
91,476 Sq Ft Lot

Last Sold October 22, 2015

Last sale price $85,500

Est. 91% increase in value since last sale

Current estimated payment $904/month

96 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Elk Rapids High School Rated A-
  • RV or Boat Parking

About This Lot

As of October 2015

Torch River vacant parcel with easy access to Torch Lake and the world famous Torch Lake sand bar. This deep wooded lot is located a few hundred yards from the Torch River access into Torch Lake. The shoreline on Torch River features a peninsula that juts out into the river for great views up and down the river. This is a very wide part of Torch River, just out of the main flow of the boats. Very scenic and peaceful location. There is a driveway in place from Torch River Drive to the river and just needs a little clearing.

Last Listed By

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 07/17/2015

Berkshire Hathaway Homeservices - TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 100x900
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • RV or Boat Parking

Community Details

Overview

  • Hemlock Shore Community

Recreation

  • Deeded Waterfront Access Rights
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$17

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 40714.29
  • Range: R 9W

Exterior Features

  • Body Of Water: Torch River
  • Exterior Features: Rv Parking
  • Number Of Acres: 2.1
  • Road: Public Maintained, Blacktop
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, River
  • Waterfront Frontage: 100

Utilities

  • Waste Available: Unknown
  • Water Available: Unknown

Association/Amenities

  • Development Name: Hemlock Shore

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded
  • Lot Dimensions: 100X900
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 22, 2015
Sold by
Jerry A Reece Revocable Trust and Reece Jerry A
Bought by
Lang Patricia A and Lang Robert J
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$98,000
Sold Price
$85,500
Premium/Discount to List
-$12,500
-12.76%
Total Days on Market
96
Current Estimated Value
$162,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,408
Avg. Annual Appreciation
7.80%

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 21, 2015
Sold by
Estate Of Charlotte Ann Reece and Reece Jerry A
Bought by
Jerry A Reece Revocable Trust and Reece Jerry A
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$98,000
Sold Price
$85,500
Premium/Discount to List
-$12,500
-12.76%

Purchase Details

Closed on
Jan 11, 2012
Sold by
Bowski Carol Jean
Bought by
Reece Jerry A

Purchase Details

Closed on
Oct 27, 2000
Bought by
Reece Jerry A

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
Lang Patricia A $85,500 None Available
Jerry A Reece Revocable Trust -- None Available
Reece Jerry A -- --
Reece Jerry A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $85,500 -12.8% --
10/21/2015 10/21/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $98,000 -- --
Source: Northern Great Lakes REALTORS® MLS

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
2024 $17 $75,000 $0 $0
2023 $1,616 $54,000 $0 $0
2022 $1,786 $48,000 $0 $0
2021 $1,720 $48,000 $0 $0
2020 $1,658 $48,000 $0 $0
2019 $1,682 $48,000 $0 $0
2018 $1,667 $48,000 $0 $0
2017 $1,636 $48,000 $0 $0
2016 $1,357 $40,000 $0 $0
2015 -- $30,000 $0 $0
2014 -- $27,000 $0 $0
2013 -- $24,000 $0 $0
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1803579

Northern Great Lakes REALTORS® MLS

APN: 05-12-760-011-00