NOT LISTED FOR SALE

1445 Old Ferris Ln Bitely, MI 49309

Estimated Value: $340,746 - $545,000

3 Beds
1 Bath
1,300 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $185,000 $142 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,501/month

176 Days on Market

Highlights

  • Private Waterfront
  • Ceiling Fan
  • Gas Log Fireplace
  • Wooded Lot
  • Wood Siding

About This Home

As of November 2012

Bitely real estate! This wonderful 3BD 1BA with 80' of frontage located on all sports Pickeral Lake has so much to offer w/ its large open floor plan perfect for entertaining! There is a large loft overlooking the fantastic great room w/ cathedral ceiling , a lovely kitchen with large eating area, 2 bedrooms, large full bath and a 3-season porch offering additional living space w/ sliders leading out to the fantastic deck overlooking the beautiful lake! Outside there is a patio perfect for grilling, a great fire pit, 2-stall garage, carport, and an incredible pole barn to house all your toys! This property includes shared ownership in the Picker Woods Association that owns the adjacent 240 acres of wood with trails for riding, walking and food plots planted for deer hunting.

Last Agent to Sell the Property

Diane Griffin

Keller Williams GR North (Main) License #6502361836 Listed on: 04/24/2012

Keller Williams GR North (Main)

Last Buyer's Agent

Shannon Mitchell

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1974

Lot Details

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

Parking

  • Carport

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Community Details

  • Recreational Area
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,570

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fans
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out
  • LivingArea: 1300.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 198800.0
  • Lot Features: Recreational, Wooded
  • Road Surface Type: Unimproved
  • Roof: Metal
  • Water Body Name: Pickerel Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Carport: Yes
  • Garage: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Size Sq Ft: 27007.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Nov 14, 2012
Sold by
Plockmeyer Dennis R and Plockmeyer Kathleen
Bought by
Gortsema Brett E and Gortsema Kristine L
Seller's Agent
Diane Griffin
Keller Williams GR North (Main)
Buyer's Agent
Shannon Mitchell
Keller Williams GR East
List Price
$212,000
Sold Price
$185,000
Premium/Discount to List
-$27,000
-12.74%
Current Estimated Value
$417,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,187
Avg. Annual Appreciation
6.44%
Original Mortgage
$110,000
Outstanding Balance
$19,492
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$397,695

Purchase Details

Closed on
Mar 9, 2010
Sold by
Mehney Gayle T and Mehney Kelly
Bought by
Wood Andrea S and Plockmeyer Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Dice James Kenneth
Bought by
Mehney Thomas
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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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
Gortsema Brett E $185,000 --
Wood Andrea S $192,200 --
Mehney Thomas $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gortsema Brett E $110,000
Previous Owner Wood Andrea S $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $185,000 -12.7% $142 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $212,000 -- $163 / 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 $3,570 $153,500 $0 $0
2024 $10 $122,500 $0 $0
2023 $918 $108,500 $0 $0
2022 $3,402 $95,000 $0 $0
2021 $3,307 $86,100 $0 $0
2020 $3,276 $82,000 $0 $0
2019 $3,224 $79,100 $0 $0
2018 $3,162 $75,400 $0 $0
2017 $3,106 $75,400 $0 $0
2016 $3,055 $71,900 $0 $0
2015 -- $67,000 $0 $0
2014 -- $67,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Griffin

    Seller's Agent in 2012

    Diane Griffin

    Keller Williams GR North (Main)

    (616) 916-5960

    91 Total Sales

    Diane Griffin
    Section Image

  • S

    Buyer's Agent in 2012

    Shannon Mitchell

    Keller Williams GR East

See All Agents

Map

Source: MichRIC

MLS Number: 12022234

MichRIC

APN: 02-14-100-008

Michigan Newaygo County Bitely 49309

1445 Old Ferris Ln, Bitely, MI

Not Listed for Sale

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