NOT LISTED FOR SALE

14420 Old M28 Covington, MI 49919

Estimated Value: $78,000 - $110,000

40 Acres
$2,255 Price per Acre
1,742,400 Sq Ft Lot

Sale Details

Date Sold: May 29, 2020

Last sale price $47,500

Est. 90% increase in value since last sale

Current estimated payment $591 / mo

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

40 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 18, 2019
Sold by
Bought by
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
$90,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,183
Avg. Annual Appreciation
11.01%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,186 $25,638 $0 $0
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

    374 Total Sales

    Rob Sullivan
    Section Image
  • Tracy Kahkonen

    Buyer's Agent in 2020

    Tracy Kahkonen

    UP NORTH REALTY

    (906) 361-0408

    147 Total Sales

    Tracy Kahkonen
    Section Image
  • Dale Gordon

    Seller's Agent in 2019

    Dale Gordon

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 362-0372

    159 Total Sales

    Dale Gordon
    Section Image
  • Jeremy Rowe

    Buyer's Agent in 2019

    Jeremy Rowe

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 281-3825

    127 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

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.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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