NOT LISTED FOR SALE

1501 Nipissing Trail Indian River, MI 49749

Estimated Value: $334,000 - $467,000

4 Beds
1 Bath
836 Sq Ft
$483/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $401,000 $480 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,453/month

3 Days on Market

Highlights

  • 142 Feet of Waterfront
  • 16 Acre Lot
  • Wood Frame Window
  • Pellston Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of July 2013

Quaint but charming cottage nestled on the Eastern Shore off Burt Lake on a quiet road. The cottage features knotty pine tongue and groove interior screened in porch, new well in 1999. New septic in 2002, sheds and beautiful sunsets across the lake. Conveniently located to Indian River and I-75.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 05/31/2013

Real Estate One

Last Buyer's Agent

C.T. Shuman

Real Estate One Listed on: 05/31/2013

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Lot Details

  • 16 Acre Lot
  • 142 Feet of Waterfront

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 836 Sq Ft Home
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 120-026-200-020-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Agent
  • Section: 26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Mini Blinds, Range, Refrigerator
  • Total Finished Sq Ft: 836
  • Master Bedroom: Dimensions: 8.10 x 14.4, On Level: Main
  • Bedroom 2: Dimensions: 9 x 14.4, On Level: Main
  • Bedroom 3: Dimensions: 8.6 x 9.6, On Level: Main
  • Bedroom 4: Dimensions: 9.5 x 10.5, On Level: Main
  • Total Rooms: 5
  • Basement: Slab
  • Dining Room: Dimensions: Combo w/kitchen, On Level: Main
  • Kitchen: Dimensions: 12 x 11.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 11.5 x 15.6, On Level: Main
  • Above Grade Finished Sq Ft: 836
  • Bathroom 1: Dimensions: 6 x 7, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 4
  • Full Bathrooms: 1
  • Rooms 1: Dimensions: Screened Porch-14.6x21.6, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Burt
  • Waterfront Frontage: 142
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric, 40 Gal

Schools

  • School District: Inland Lakes

Lot Info

  • Estimated Number of Acres: 16
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 120-026-200-020-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2024
Sold by
Parker J Randall
Bought by
Parker J Randall 1996 Trust and Parker Sharon H 1996 Trust
Current Estimated Value
$404,146

Purchase Details

Closed on
Dec 1, 2023
Sold by
Parker J Randall
Bought by
Parker J Randall Trust and Parker Sharon H Trust

Purchase Details

Closed on
Apr 18, 2014
Bought by
Parker J Randall and Parker Sharon H

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 23, 2013
Sold by
Law Bruce W and Law Terri L
Bought by
Green Acorn Properties Llc
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$389,900
Sold Price
$401,000
Premium/Discount to List
$11,100
2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 10, 2013
Sold by
Padesky Rosemary E and Obrien Gerald J
Bought by
Law Bruce W and Law Terri L
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$389,900
Sold Price
$401,000
Premium/Discount to List
$11,100
2.85%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parker J Randall 1996 Trust -- --
Parker J Randall Trust -- --
Parker J Randall Trust -- --
Parker J Randall -- --
Green Acorn Properties Llc -- --
Law Bruce W -- Talon Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $401,000 +2.8% $480 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $389,900 -- $466 / Sq Ft
Source: Northern Michigan MLS

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 $3,825 $136,100 $0 $0
2024 $2,848 $125,700 $0 $0
2023 $3,354 $240,100 $0 $0
2022 $4,864 $231,200 $0 $0
2021 $6,445 $168,200 $168,200 $0
2020 $6,472 $159,800 $159,800 $0
2019 $5,989 $142,700 $142,700 $0
2018 $6,402 $170,300 $0 $0
2017 $6,076 $196,600 $0 $0
2016 $6,007 $147,300 $0 $0
2015 -- $163,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 437196

Northern Michigan MLS

APN: 120-026-200-020-01