NOT LISTED FOR SALE

1383 Old Ferris Ln Bitely, MI 49309

Estimated Value: $273,000 - $661,000

2 Beds
1 Bath
898 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $185,000 $206 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,375/month

62 Days on Market

Highlights

  • Private Waterfront
  • Maid or Guest Quarters
  • Wood Flooring
  • 240 Acre Lot
  • Wooded Lot
  • Fireplace

About This Home

As of November 2012

Beauiful, Cozy, Relaxing and Tasteful. One look and you will fall in love - @100ft. of clear sandy beach front on Pickeral Lake. Impeccably maintained log home wih covered wrap-around porch, multi level decking for beach front entertaining. It has a comfortable rustic look with great thought given to each detail in decorating. This cabin has a new sun room which doubles for dining room and bar area with an awesome view of the lake and french doors that open onto the decking and steps out to the beach. Large new garage/barn with loft for guests to relax and sleep. New owner will also receive a 1/15th ownership in association's 240 acre wooded parcel for hunting, 2-wheeling and many other outdoor activities. *NOTE-Sale will include most of the custom wood furnishings, decoratons, dock, ra

Last Agent to Sell the Property

Ryan Gehris

USREALTY.COM LLP Listed on: 08/29/2012

Last Buyer's Agent

Vicki Wynne-Parry

Century 21 Trophy Class License #6501207772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1960

Lot Details

  • 240 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 898 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Heating System Powered By Owned Propane
  • Well
  • Septic System
  • Cable TV Available

Community Details

Recreation

  • Waterfront Owned by Association
  • Recreational Area
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,808

Year Built

Built in 1960

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Guest Quarters, LP Tank Owned, Wood Floor
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 898.0

Exterior Features

  • Construction Materials: Wood Siding, Log
  • List Price: 249999.0
  • Lot Features: Recreational, Wooded
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Pickerel Lake
  • Waterfront Features: All Sports, Assoc Access, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Cable Connected, Telephone Line
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 240.0
  • Lot Size Area: 240.0
  • Lot Size Sq Ft: 10454400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 30, 2012
Sold by
Courtres Llc
Bought by
Layer Kurt
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Vicki Wynne-Parry
Century 21 Trophy Class
List Price
$249,999
Sold Price
$185,000
Premium/Discount to List
-$64,999
-26%
Current Estimated Value
$402,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,580
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Apr 16, 2006
Sold by
Kailunas John
Bought by
Courtres Llc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Miller Revocable Living Trust
Bought by
Kailunas Ii John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Layer Kurt $185,000 --
Courtres Llc -- --
Kailunas Ii John $191,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $185,000 -26.0% $206 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $249,999 -- $278 / Sq Ft
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 $2,808 $126,900 $0 $0
2024 $8 $100,000 $0 $0
2023 $722 $88,100 $0 $0
2022 $2,676 $77,800 $0 $0
2021 $2,601 $70,100 $0 $0
2020 $2,577 $66,700 $0 $0
2019 $2,535 $64,400 $0 $0
2018 $2,487 $62,300 $0 $0
2017 $2,443 $61,900 $0 $0
2016 $2,403 $58,600 $0 $0
2015 -- $57,300 $0 $0
2014 -- $57,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan Gehris

    USREALTY.COM LLP

  • V

    Buyer's Agent in 2012

    Vicki Wynne-Parry

    Century 21 Trophy Class

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Map

Source: MichRIC

MLS Number: 12047673

MichRIC

APN: 02-14-100-003

Michigan Newaygo County Bitely 49309

1383 Old Ferris Ln, Bitely, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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