NOT LISTED FOR SALE

2539 E 2nd St Prescott, MI 48756

Estimated Value: $55,000 - $71,000

2 Beds
1 Bath
609 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $54,000 $89 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $471/month

34 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Cottage
  • Shed
  • 125 Feet of Waterfront
  • Fenced Yard
  • 1-Story Property

About This Home

As of September 2023

2 bedroom, 1 bath cabin on 2 lots with approximately 125 ft. of lake frontage on Feeding Ground Lake. Total lot size= approximately 100x125 ft. Cabin needs a significant amount of work. Cabin is approximately 600 square ft, natural gas heat, 10x20 Utility shed on property for storage, 5 inch well that is newer.

Last Agent to Sell the Property

Jeffrey Thompson

Thompson State Wide Real Estate License #6502414745 Listed on: 07/29/2023

Last Buyer's Agent

Jeffrey Thompson

Thompson State Wide Real Estate License #6502414745 Listed on: 07/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x125
  • 125 Feet of Waterfront
  • Dirt Road
  • Fenced Yard
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 609 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Gibsons Subd Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,432

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 25
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9x9.5
  • Bedroom 2: Dimensions: 9x9.5
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 17x8
  • Living Room: Dimensions: 17x13
  • Estimated Above Ground Finished Sq Ft: 609
  • Price Per Sq Ft: 88.67
  • Range: R 3E
  • Total Finished Sf Apx: 609

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Feeding Ground Lake
  • Exterior Features: Fenced Yard
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.28
  • Road: Dirt
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports
  • Waterfront Frontage: 125

Garage/Parking

  • Driveway: Dirt

Utilities

  • Heating Cooling Types: Wall
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV, Cable TV, Antenna, Cable Internet, DSL, Unknown, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Gibsons Subd

Schools

  • School District: Whittemore-Prescott Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 100x125
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 250.10
  • Winter Taxes: 387.60

MLS Schools

  • School District: Whittemore-Prescott Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 20, 2023
Sold by
Betlej Edward
Bought by
Cc Land Llc
Seller's Agent
Jeffrey Thompson
Thompson State Wide Real Estate
Buyer's Agent
Jeffrey Thompson
Thompson State Wide Real Estate
List Price
$85,000
Sold Price
$54,000
Premium/Discount to List
-$31,000
-36.47%
Views
141
Current Estimated Value
$64,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,479
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Jul 1, 1998
Bought by
Betlej Edward and Betlej Virginia
Source: Public Records

Range of Values:

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Average Value
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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
Cc Land Llc $54,000 --
Betlej Edward $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betlej Edward $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $54,000 +8.0% $89 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/27/2023 08/27/23 Price Changed $50,000 -41.2% $82 / Sq Ft
08/27/2023 08/27/23 For Sale $85,000 0.0% $140 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $85,000 -- $140 / 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 $1,432 $29,200 $0 $0
2024 $4 $29,300 $0 $0
2023 $250 $27,700 $0 $0
2022 $626 $23,000 $0 $0
2021 $575 $21,400 $0 $0
2020 $572 $21,400 $0 $0
2019 $535 $20,400 $0 $0
2018 $524 $19,300 $0 $0
2017 $495 $19,400 $0 $0
2016 $486 $19,200 $0 $0
2015 $485 $18,900 $0 $0
2014 $480 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1913911

Northern Great Lakes REALTORS® MLS

APN: 010-133-007-00