NOT LISTED FOR SALE

14420 Old M28 Covington, MI 49919

Estimated Value: $73,000 - $92,000

40 Acres
$2,066 Price per Acre
1,742,400 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $47,500

Est. 74% increase in value since last sale

Current estimated payment $514/month

12 Days on Market

Highlights

  • 40 Acre Lot
  • Shed
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Lot

As of May 2020

Nicely wooded 40 acre parcel that has year round access near Vermilac Lake in Baraga County. This parcel has a great specific location that is adjacent to State land ownership on the lake and just down the road from the public access site. The property is a rolling mixed terrain with some high hardwood ridges. The lake is just a few hundred feet from the southeast corner across State lands. There is power available at the road and a driveway into a clearing with a small woodshed and cabin. The cabin is rustic, but makes for a place to hang your hat. There is a steel roof and the building is solid. Vermilac Lake is good fishing and there is a wide variety of game in the area for hunters. This could be a nice rural home site and or a recreational base camp that provides year round opportunities.

Last Agent to Sell the Property

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 04/10/2020

Last Buyer's Agent

Tracy Kahkonen

UP NORTH REALTY License #UPAR

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Lot Has A Rolling Slope
  • Wooded Lot

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 003-224-001-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Sub Structure Types: Shed
  • Mail City: Covington
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: City/County, Paved Street

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: Electric

Lot Info

  • Assessor Parcel Number: 003-224-001-00
  • Acreage: 40
  • Lot Description: Rolling/Hilly, Wooded
  • Lot Size: 1320x1320
  • Geo Subdivision: MI

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 18, 2019
Sold by
Karcher George H
Bought by
Fortier
Seller's Agent
Dale Gordon
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Jeremy Rowe
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$48,000
Sold Price
$44,000
Premium/Discount to List
-$4,000
-8.33%
Current Estimated Value
$82,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,627
Avg. Annual Appreciation
10.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fortier $44,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $47,500 -4.8% --
04/22/2020 04/22/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $49,900 +13.4% --
09/18/2019 09/18/19 Sold $44,000 -8.3% -- View Prior Sale
08/09/2019 08/09/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $48,000 -- --
Source: Upper Peninsula Association of REALTORS®

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 $1,017 $25,638 $0 $0
2024 $1,006 $27,376 $0 $0
2023 $958 $26,636 $0 $0
2022 $916 $23,925 $0 $0
2021 $1,026 $22,186 $0 $0
2020 $1,125 $24,281 $0 $0
2019 $855 $25,660 $0 $0
2018 -- $18,013 $0 $18,013
2017 -- $18,013 $0 $0
2016 -- $18,258 $0 $0
2015 -- $18,204 $0 $0
2014 -- $17,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Sullivan

    Seller's Agent in 2020

    Rob Sullivan

    NORTHERN MICHIGAN LAND BROKERS

    (906) 362-3337

    367 Total Sales

    Rob Sullivan
    Section Image
  • Tracy Kahkonen

    Buyer's Agent in 2020

    Tracy Kahkonen

    UP NORTH REALTY

    (906) 361-0408

    170 Total Sales

    Tracy Kahkonen
    Section Image
  • Dale Gordon

    Seller's Agent in 2019

    Dale Gordon

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 362-0372

    166 Total Sales

    Dale Gordon
    Section Image
  • Jeremy Rowe

    Buyer's Agent in 2019

    Jeremy Rowe

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 281-3825

    128 Total Sales

    Jeremy Rowe
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10063655

Upper Peninsula Association of REALTORS®

APN: 003-224-001-00

Michigan Baraga County Covington 49919

14420 Old M28, Covington, MI

Not Listed for Sale

Lots

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