NOT LISTED FOR SALE

2617 Main St Marlette, MI 48453

Estimated Value: $56,331

0.48 Acre
$117,356 Price per Acre
20,909 Sq Ft Lot

Last Sold June 05, 2023

Last sale price $50,000 $28 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $301/month

195 Days on Market

About This Lot

As of June 2023

Looking for the perfect piece of commercial land to start your new business in Marlette? Well, you're looking at it! The location is great, and you will have lots of exposure being on the busy road of M-53 (Van Dyke). The electrical service panel has been recently updated. There is an existing septic and well on this property.

Last Agent to Sell the Property

Andrea Donley

Donley Realty License #6501393683 Listed on: 11/18/2022

Co-Listed By

Amy Donley

Donley Realty License #6502392903

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 89x261x85x236.63
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 18003220031000

Property Details

Property Type

Land

Est. Annual Taxes

$393

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 9300.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Sewer: Septic Tank (Existing)

Lot Info

  • List Price per Acre: 116458.3300
  • Lot Size Area: 0.48
  • Lot Dimensions: 89x261x85x236.63
  • Parcel Number: 18003220031000
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 285.8800
  • Tax Amount Winter: 108.0600
  • Total Tax: 393.0000
  • Taxable Value: 8088.0000

MLS Schools

  • School District: Marlette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jun 5, 2023
Sold by
Schmitzer Kenneth H
Bought by
Michigan Storage Barns Llc
Seller's Agent
Andrea Donley
Donley Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$55,900
Sold Price
$50,000
Premium/Discount to List
-$5,900
-10.55%
Views
23
Current Estimated Value
$56,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,331
Avg. Annual Appreciation
4.71%
Original Mortgage
$51,500
Outstanding Balance
$50,068
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$6,263

Purchase Details

Listed on
Mar 31, 2021
Closed on
Sep 22, 2021
Sold by
Yacoub Abraham S and Yacoub Neli S
Bought by
Schmitzer Kenneth H
Seller's Agent
Mark Hart
Hart Realty
Buyer's Agent
Mark Hart
Hart Realty
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michigan Storage Barns Llc $50,000 None Listed On Document
Michigan Storage Barns Llc $50,000 None Listed On Document
Schmitzer Kenneth H $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michigan Storage Barns Llc $51,500
Closed Michigan Storage Barns Llc $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2023 06/05/23 Sold $50,000 -10.6% $28 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $55,900 +39.8% $31 / Sq Ft
09/22/2021 09/22/21 Sold $40,000 -23.1% $22 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $52,000 -- $29 / Sq Ft
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
2025 $66 $6,500 $0 $0
2024 $67 $6,600 $0 $0
2023 $23 $2,300 $0 $0
2022 $171 $4,100 $0 $0
2021 $342 $9,300 $0 $0
2020 $346 $8,500 $0 $0
2019 $493 $16,700 $0 $0
2018 $474 $11,300 $0 $0
2017 $141 $16,500 $0 $0
2016 $140 $13,800 $0 $0
2015 -- $20,700 $0 $0
2014 -- $19,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221062885

Realcomp

APN: 180-032-200-310-00