NOT LISTED FOR SALE

16839 Riverbank Trail Leroy, MI 49655

Estimated Value: $136,000 - $165,000

1 Bed
1 Bath
680 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $53,500 $79 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $854/month

1,176 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 22 Acre Lot
  • Deck
  • 2,500 Feet of Waterfront
  • Countryside Views
  • Wooded Lot

About This Home

As of March 2018

PRICE REDUCED! Pine River cottage. Partnership of 22 acres m/l with approximately 2500 ft of pristine Pine River frontage. Completely renovated 1BD cabin in great condition within 20 ft of the river. Excellent fishing - wonderful wilderness retreat. Club membership of $2500 required (this is included in the 'sale price', a one time fee). The cabin is 'wholly owned' by the purchaser, just the land and improvements are shared. This association setup is similar to condo regs., and similar to some of the retirement communities in Florida. The land is company owned. The 'company' is comprised of the owners. It is organized per state law, with yearly meetings and regulating officers. In the case of a non-resident vacation property, the advantages far out-weigh the negatives! See "Associated Docs" for more details.

Last Agent to Sell the Property

Peter Nemish

Coldwell Banker Schmidt-Cadillac License #6506038299 Listed on: 12/15/2014

Last Buyer's Agent

Peter Nemish

Coldwell Banker Schmidt-Cadillac License #6506038299 Listed on: 12/15/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1980

Lot Details

  • 22 Acre Lot
  • 2,500 Feet of Waterfront
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 680 Sq Ft Home
  • Wood Burning Fireplace
  • Countryside Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Well

Community Details

  • The Riverbank Land Company Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1980
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 16
  • Year Updated: 1980
  • Year Renovated: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 14x10, On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 13x7.5, On Level: Main Floor
  • Living Room: Dimensions: 19.5x13, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 680
  • Price Per Sq Ft: 78.68
  • Range: R 10W
  • Total Finished Sf Apx: 680

Exterior Features

  • Body Of Water: Pine River
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 22
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: River
  • Waterfront Frontage: 2500

Garage/Parking

  • Driveway: Dirt

Utilities

  • Fireplaces And Stoves: Wood, Stove, Pellet, Corn
  • Heating Cooling Types: Wall
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: The Riverbank Land Company

Schools

  • School District: Pine River Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: irr

MLS Schools

  • School District: Pine River Area Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $53,500 -17.6% $79 / Sq Ft
12/15/2014 12/15/14 For Sale $64,900 -- $95 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $852 $28,600 $0 $0
2024 $621 $25,400 $0 $0
2023 $592 $21,600 $0 $0
2022 $592 $20,100 $0 $0
2021 -- $18,600 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1793194

Northern Great Lakes REALTORS® MLS

APN: 07-899-020-00