NOT LISTED FOR SALE

16384 W Horseshoe Trail Linden, MI 48451

Estimated Value: $239,000 - $441,000

0.39 Acre
$853,510 Price per Acre
16,988 Sq Ft Lot

Last Sold October 06, 2021

Last sale price $40,000

Est. 732% increase in value since last sale

Current estimated payment $2,047/month

391 Days on Market

About This Lot

As of October 2021

Have your custom home built by Bailey Custom Homes, Inc. in this 60+ home community. Your plans or ours! Agent is officer of seller.

Last Agent to Sell the Property

Richard Bailey

Bailey Realty & Investment Co License #6502123329 Listed on: 07/31/2020

Last Buyer's Agent

Richard Bailey

Bailey Realty & Investment Co License #6502123329 Listed on: 07/31/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 83x172x130x138
  • Property fronts a private road
  • Property is zoned Site Plan Condo

HOA Fees

  • $33 Monthly HOA Fees

Community Details

  • Lakeview Farms Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0631651008

Property Details

Property Type

Land

Est. Annual Taxes

$664

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 15000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 83
  • Road Frontage Type: Paved, Private

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annual
  • Association Fee: 200

Schools

  • School District: Linden

Lot Info

  • List Price per Acre: 99743.5800
  • Lot Features: Build Job Only, Possible Basement
  • Lot Size Area: 0.39
  • Lot Dimensions: 83x172x130x138
  • Parcel Number: 0631651008
  • Zoning: Residential, Site Plan Condo

Tax Info

  • Tax Amount Summer: 275.0000
  • Tax Amount Winter: 389.0000
  • Total Tax: 664.0000
  • Taxable Value: 10919.0000

MLS Schools

  • School District: Linden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Morris Custom Homes Inc
Bought by
Morris Richard and Morris Sonja
Total Days on Market
391
Current Estimated Value
$332,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,349
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$225,922

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 15, 2021
Sold by
Bailey Custom Homes Inc
Bought by
Morris Custom Homes Inc
Seller's Agent
Richard Bailey
Bailey Realty & Investment Co
Buyer's Agent
Richard Bailey
Bailey Realty & Investment Co
List Price
$38,900
Sold Price
$40,000
Premium/Discount to List
$1,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.35%

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 6, 2021
Sold by
Bailey Custom Homes Inc
Bought by
Morris Custom Homes Inc
Seller's Agent
Richard Bailey
Bailey Realty & Investment Co
Buyer's Agent
Richard Bailey
Bailey Realty & Investment Co
List Price
$38,900
Sold Price
$40,000
Premium/Discount to List
$1,100
2.83%

Purchase Details

Closed on
Apr 4, 2001
Sold by
Lakeview Farms Development Llc
Bought by
Bailey Custom Homes Inc
Source: Public Records

Range of Values:

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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
Morris Richard $325,000 Cislo Title
Morris Custom Homes Inc $40,000 First American Title Ins Co
Morris Custom Homes Inc $40,000 First American Title
Bailey Custom Homes Inc $29,900 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Richard $150,000
Closed Morris Richard $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $40,000 +2.8% --
08/27/2021 08/27/21 Pending -- -- --
07/31/2020 07/31/20 For Sale $38,900 -- --
Source: Realcomp

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
2024 $1,743 $77,500 $0 $0
2023 $463 $22,500 $0 $0
2022 $850 $17,500 $0 $0
2021 $698 $16,000 $0 $0
2020 $276 $15,000 $0 $0
2019 $275 $15,000 $0 $0
2018 $646 $15,000 $0 $0
2017 $620 $15,000 $0 $0
2016 $612 $14,000 $0 $0
2015 $615 $13,000 $0 $0
2014 $254 $12,000 $0 $0
2012 -- $11,000 $11,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200060845

Realcomp

APN: 06-31-651-008