NOT LISTED FOR SALE

1416 Cumberland Ave SE Lowell, MI 49331

Estimated Value: $168,000 - $291,000

19.47 Acres
$11,787 Price per Acre
848,113 Sq Ft Lot

Last Sold March 31, 2014

Last sale price $110,000

Est. 109% increase in value since last sale

Current estimated payment $1,318/month

332 Days on Market

About This Lot

As of March 2014

Phase 2 and 3 of Cumberland Ridge Condominiums. Up to 63 units can be built. Water, sewer, electric and gas to edge of property. Site plan and utility plans available. Active building happening in Phase 1 of development.

Last Agent to Sell the Property

Christopher Graves

Crown Realty of Grand Rapids License #6504144788 Listed on: 01/15/2013

Last Buyer's Agent

Christopher Graves

Redder, Marshall & Assoc.-I

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,046

Lot Details

  • 19.47 Acre Lot
  • Finished Lot(s)
  • Zoning described as OS-PUD

Property Details

Property Type

Land

Est. Annual Taxes

$2,046

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 126000.0
  • Lot Features: Buildable
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}

Lot Info

  • Lot Size Acres: 19.47
  • Lot Size Area: 19.47
  • Lot Size Sq Ft: 848113.0
  • Zoning Description: OS-PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2046.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Crp-2 Llc
Bought by
Sgs Homes Llc
Current Estimated Value
$229,500

Purchase Details

Closed on
Oct 29, 2021
Sold by
Crp 2 Llc
Bought by
Stanford Vaughn Development Llc

Purchase Details

Closed on
Oct 8, 2021
Sold by
Stanford Vaughn Development Llc
Bought by
Svalen Stephanie

Purchase Details

Closed on
Aug 16, 2021
Sold by
Crp 2 Llc
Bought by
Stanford Vaugh Development Llc

Purchase Details

Closed on
Jul 8, 2021
Sold by
Crp-2 Llc
Bought by
Stanford Vaugh Development Llc

Purchase Details

Closed on
Oct 15, 2020
Sold by
Crp 2 Llc
Bought by
Stanford Vaughn Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,295
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 11, 2020
Sold by
Crp 2 Llc
Bought by
Stanford Vaughn Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,295
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2020
Sold by
Stanford Vaughn Development Llc
Bought by
Cumberland Ridge Condominiums

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,295
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2016
Sold by
1416 Cumberland Llc
Bought by
Crp 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 15, 2013
Closed on
Mar 31, 2014
Sold by
Ubm Residential Llc
Bought by
1416 Cumberland Llc
Seller's Agent
Christopher Graves
Crown Realty of Grand Rapids
Buyer's Agent
Christopher Graves
Crown Realty of Grand Rapids
List Price
$161,500
Sold Price
$110,000
Premium/Discount to List
-$51,500
-31.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Cox Leasing Inc
Bought by
T & M Partners Llc

Purchase Details

Closed on
Nov 1, 1995
Bought by
T&M Partners and Ubm Residential Llc
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
Sgs Homes Llc -- Sun Title
Stanford Vaughn Development Llc -- Sun Title Agency Of Mi Llc
Svalen Stephanie $395,375 Sun Title
Stanford Vaugh Development Llc -- Sun Title Agency Of Mi Llc
Stanford Vaugh Development Llc -- Sun Title
Stanford Vaughn Development Llc -- Sun Title Agency
Stanford Vaughn Development Llc -- Sun Title Agency Of Mi Llc
Cumberland Ridge Condominiums -- None Listed On Document
Crp 2 Llc -- Michigan Commercial Title Ag
1416 Cumberland Llc -- Chicago Title
T & M Partners Llc $115,000 Beltline Title Agency Inc
T&M Partners $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crp 2 Llc $530,920
Previous Owner Stanford Vaughn Development Llc $498,295
Previous Owner Crp 2 Llc $1,192,500
Previous Owner Crp 2 Llc $31,800
Previous Owner Crp 2 Llc $16,500
Previous Owner Crp 2 Llc $331,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $110,000 -31.9% --
12/13/2013 12/13/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $161,500 -- --
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
2023 $836 $50,400 $0 $0
2022 $1,241 $45,100 $0 $0
2021 $1,189 $45,100 $0 $0
2020 $1,451 $54,200 $0 $0
2019 $81,117 $47,000 $0 $0
2018 $2,249 $47,000 $0 $0
2017 $2,151 $47,000 $0 $0
2016 $2,151 $45,500 $0 $0
2015 -- $45,500 $0 $0
2013 -- $45,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13003347

Southwestern Michigan Association of REALTORS®

APN: 41-20-05-276-001