NOT LISTED FOR SALE

23599 Red Arrow Hwy Mattawan, MI 49071

Estimated Value: $557,760

1.83 Acres
$304,787 Price per Acre
79,715 Sq Ft Lot

Last Sold February 04, 2019

Last sale price $65,000

Est. 758% increase in value since last sale

Current estimated payment $3,097/month

312 Days on Market

About This Lot

As of February 2019

Build your new business on Red Arrow Highway in the Mattawan Area with great access to I-94

This vacant land is near the busy N Main Street intersection.

The Main Street corridor businesses are thriving and pushing out onto Red Arrow Highway.

Surrounding uses are retail outlets, auto repair and maintenance, credit union, contractor facility, and commercial equipment/ parts supplier.

Last Agent to Sell the Property

Tom Hohm

Signature Associates Kalamazoo Listed on: 03/29/2018

Last Buyer's Agent

Tom Hohm

Signature Associates Kalamazoo Listed on: 03/29/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,069

Lot Details

  • 1.83 Acre Lot
  • Cleared Lot
  • Property is zoned C-1, C-1

Utilities

  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,069

Lot Details

0

Listing Details

  • Property Sub-Type: Commercial Land
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 170.41 x Irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1068.66
  • Tax Info:Zoning3: C-1
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Commercial Land
  • Lot Description:Cleared: Yes
  • Util Avail at Street:Telephone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 79900.0
  • Lot Features: Buildable, Cleared
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.83
  • Lot Size Area: 1.83
  • Lot Size Sq Ft: 79714.0
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1068.66
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Magnan Greg
Bought by
23599 Red Arrow Llc
Current Estimated Value
$557,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$525,195
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$32,565

Purchase Details

Listed on
Mar 29, 2018
Closed on
Feb 4, 2019
Sold by
Peters Investments Group Llc
Bought by
Magnan Gerg
Seller's Agent
Tom Hohm
Signature Associates Kalamazoo
Buyer's Agent
Tom Hohm
Signature Associates Kalamazoo
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.83%

Purchase Details

Listed on
Mar 21, 2013
Closed on
Apr 18, 2014
Sold by
Talmer West Bank
Bought by
Peters Investments Group Llc
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Daniel Ruzick
Ruzick Real Estate
List Price
$95,000
Sold Price
$47,500
Premium/Discount to List
-$47,500
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Irish Builders Inc
Bought by
Michigna Commerce Bnak

Purchase Details

Closed on
Dec 6, 2002
Sold by
Meeks-Harper Housing
Bought by
Irish Builders 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
23599 Red Arrow Llc $536,000 Chicago Title Of Michigan
23599 Red Arrow Llc $536,000 Chicago Title Of Michigan
Magnan Gerg $65,000 Sun Title Agency Of Michigan
Peters Investments Group Llc $47,500 First American Title Ins Co
Michigna Commerce Bnak -- None Available
Irish Builders Inc $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 23599 Red Arrow Llc $536,000
Closed 23599 Red Arrow Llc $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2019 02/04/19 Sold $65,000 -27.7% --
02/04/2019 02/04/19 Pending -- -- --
03/29/2018 03/29/18 For Sale $89,900 +89.3% --
04/18/2014 04/18/14 Sold $47,500 -50.0% -- View Prior Sale
02/20/2014 02/20/14 Pending -- -- --
03/21/2013 03/21/13 For Sale $95,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $1,675 $178,300 $0 $0
2024 $1,675 $158,900 $0 $0
2023 $1,582 $150,100 $0 $0
2022 $6,670 $123,200 $0 $0
2021 $1,043 $19,600 $19,600 $0
2020 $1,043 $19,600 $19,600 $0
2019 $1,004 $19,600 $19,600 $0
2018 $1,101 $22,700 $22,700 $0
2017 $1,069 $23,700 $0 $0
2016 $1,071 $20,800 $0 $0
2015 $558 $20,800 $0 $0
2014 $583 $17,500 $0 $0
2013 -- $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Hohm

    Signature Associates Kalamazoo

  • Patrick O'Brien

    Seller's Agent in 2014

    Patrick O'Brien

    O'Brien Real Estate

    (269) 207-7446

    4 in this area

    304 Total Sales

    Patrick O'Brien
    Section Image

  • D

    Buyer's Agent in 2014

    Daniel Ruzick

    Ruzick Real Estate

    (269) 207-4030

    4 in this area

    11 Total Sales

    Daniel Ruzick
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18011993

Southwestern Michigan Association of REALTORS®

APN: 80-02-001-031-20

Michigan Van Buren County Mattawan 49071

23599 Red Arrow Hwy, Mattawan, MI

This home is located at 23599 Red Arrow Hwy, Mattawan, MI 49071 since 29 March 2018 and is currently estimated at $557,760. 23599 Red Arrow Hwy is a home located in Van Buren County with nearby schools including Mattawan Early Elementary School, Mattawan Later Elementary School, and Mattawan Early Childhood Education Center.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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