NOT LISTED FOR SALE

2050 Red School Rd Brutus, MI 49716

Estimated Value: $263,000 - $426,000

4 Beds
1 Bath
1,713 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $300,000 $175 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,148/month

19 Days on Market

Highlights

  • 24 Acre Lot
  • Wood Burning Stove
  • Lower Floor Utility Room
  • Pellston Elementary School Rated 9+
  • Pole Barn
  • 4 Car Detached Garage

About This Home

As of June 2021

Serene and secluded this 4 bedroom 1 bath residence is privately situated at the end of a quiet rural lane. The 24 acre property offers gently sloping terrain and open land for a variety of uses plus multi buildings for storage, chicken coops, play houses, and option for future building sites. Once used as an organic farm the farm and forestry zoning allows for an abundance of opportunity. This property also features an amazing 40 X 60 pole barn with an impressive office complete with a bathroom and heated workshop. The possibilities are endless. -Option to buy snow plow -Option to rent grange adjoining property for private events -The home is a cosmetic fixer that would shine with some TLC

Last Agent to Sell the Property

Atty Belanger

@properties Christie's International Real Estate - Petoskey Listed on: 04/18/2021

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Tawna Naturkas

MTN Real Estate, LLC License #6501308875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 2001

Lot Details

  • 24 Acre Lot
  • Property is zoned EC FF-1

Parking

  • 4 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,713 Sq Ft Home
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Washer
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-14-16-100-011/12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,345

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2001
  • Lvt Date: 04/30/2021
  • Section: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Features: Dishwasher, Range, Refrigerator, Washer, Wood Stove
  • Total Finished Sq Ft: 1713
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1713
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 4
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: LP Gas, Wood
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Pellston

Lot Info

  • Estimated Number of Acres: 24
  • Zoning: EC FF-1

Tax Info

  • Assessor Parcel Number: 09-14-16-100-011/12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jun 18, 2021
Sold by
Schumaker Gregg
Bought by
Ray Mark and Ray Andrea
Seller's Agent
Atty Belanger
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Tawna Naturkas
MTN Real Estate, LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$350,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,535
Avg. Annual Appreciation
3.89%
Original Mortgage
$300,000
Outstanding Balance
$275,137
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$74,175

Purchase Details

Closed on
May 24, 2014
Sold by
Gregg Gregg and Schumaker Marianna
Bought by
Schumaker Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,150
Interest Rate
4.34%
Mortgage Type
Stand Alone First
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
Ray Mark -- --
Schumaker Gregg -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ray Mark --
Open Ray Mark $68,062
Open Ray Mark $300,000
Previous Owner Schumaker Gregg $162,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $300,000 -7.7% $175 / Sq Ft
04/18/2021 04/18/21 For Sale $325,000 -- $190 / 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
2024 $2,345 $129,700 $22,100 $107,600
2023 $2,207 $105,900 $14,200 $91,700
2022 $2,207 $98,100 $98,100 $0
2021 $1,833 $89,200 $89,200 $0
2020 $1,849 $90,400 $90,400 $0
2019 -- $87,900 $87,900 $0
2018 -- $70,000 $70,000 $0
2017 -- $70,900 $70,900 $0
2016 -- $71,200 $71,200 $0
2015 -- $71,300 $0 $0
2014 -- $68,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464929

Northern Michigan MLS

APN: 09-14-16-100-012