NOT LISTED FOR SALE

1501 Nipissing Trail Indian River, MI 49749

Estimated Value: $350,765 - $424,000

4 Beds
1 Bath
836 Sq Ft
$476/Sq Ft Est. Value

Last Sold July 10, 2013

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

Est. 1% decrease in value since last sale

Current estimated payment $2,552/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
Total Days on Market
3
Current Estimated Value
$397,922

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
-0.06%

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

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Range of Values:

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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
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

  • C.T. Shuman

    Seller's Agent in 2013

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    134 Total Sales

    C.T. Shuman
    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 437196

Northern Michigan MLS

APN: 120-026-200-020-01

Michigan Cheboygan County Indian River 49716

1501 Nipissing Trail, Indian River, MI

This home is located at 1501 Nipissing Trail, Indian River, MI 49749 since 31 May 2013 and is currently estimated at $397,922, approximately $475 per square foot. 1501 Nipissing Trail is a home located in Cheboygan County with nearby schools including Pellston Elementary School and Pellston Middle/High School.

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.

Northern Michigan MLS 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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