NOT LISTED FOR SALE

31060 Island Dr Gibraltar, MI 48173

Estimated Value: $95,000 - $179,000

0.17 Acre
$733,135 Price per Acre
7,405 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $97,000

Est. 28% increase in value since last sale

Current estimated payment $938/month

32 Days on Market

Highlights

  • Waterfront
  • Cul-De-Sac
  • Seawall

About This Lot

As of June 2022

Rare & Remarkable premium Gibraltar waterfront Lot. Very few vacant waterfront lots remain undeveloped in beautiful Gibraltar. Build your dream home. Tremendous views; live like your on vacation every day.

Last Agent to Sell the Property

Sean Delpaz

Synergy Realty Group License #MCAR-650243118 Listed on: 04/21/2022

Last Buyer's Agent

Jennifer Moody

River Oaks Realty License #6501373430

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x117
  • Waterfront
  • Cul-De-Sac

Listing and Financial Details

  • Assessor Parcel Number 36019010053002

Community Details

Overview

  • Horse Island Sub Subdivision

Recreation

  • Seawall

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 3148
  • Total Tax Year: 2022
  • Mail City: Gibraltar
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50
  • Water Features: Sea Wall, Waterfront
  • Waterfront: Yes
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Schools

  • School District: Gibraltar School District

Lot Info

  • Assessor Parcel Number: 36019010053002
  • Location: Cul-De-Sac, Subdivision
  • Acreage: 0.17
  • Zoning: Residential
  • Lot Size: 50x117
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,617.00
  • Winter Tax: Year: 2022, Amount: $531.00
  • Total Tax: Year: 2022, Amount: $3,148.00

MLS Schools

  • School District: Gibraltar School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 3, 2022
Sold by
Joseph Skehan Mark
Bought by
Kirk Tammy and Kirk Shawn
Seller's Agent
Sean Delpaz
Synergy Realty Group
Buyer's Agent
Jennifer Moody
River Oaks Realty
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%
Current Estimated Value
$124,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,633
Avg. Annual Appreciation
4.34%

Purchase Details

Listed on
Sep 22, 2020
Closed on
Feb 10, 2021
Sold by
Lake Michigan Credit Union
Bought by
Skehan Mark Joseph
Seller's Agent
Roshawnda Harvard
Island Realty - KW Advantage
Buyer's Agent
Lisa LaRowe
EXP Realty Grosse Ile
List Price
$74,900
Sold Price
$63,900
Premium/Discount to List
-$11,000
-14.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.86%
Original Mortgage
$51,120
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2020
Sold by
Cooer Le Shana
Bought by
Dewlwy Michael L

Purchase Details

Closed on
Mar 23, 2017
Sold by
Phillips David E and Phillips David E
Bought by
Dawley Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
3.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2011
Sold by
Willis John M
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
May 5, 2004
Sold by
Simonson Scott L and Simonson Patricia A
Bought by
Willis John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
5.85%
Mortgage Type
Unknown
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
Kirk Tammy $97,000 Michigan Title Insurance Agenc
Skehan Mark Joseph $63,900 Ata National Title Group Llc
Dewlwy Michael L $76,489 None Available
Dawley Michael L $82,000 Title One Inc
Jpmorgan Chase Bank Na $38,958 None Available
Willis John M -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skehan Mark Joseph $51,120
Previous Owner Dawley Michael L $73,800
Previous Owner Willis John M $77,960
Previous Owner Willis John M $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $97,000 -2.9% --
05/23/2022 05/23/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $99,900 +56.3% --
02/12/2021 02/12/21 Sold $63,900 -14.7% --
02/08/2021 02/08/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $74,900 -- --
Source: Michigan Multiple Listing Service

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 $3,310 $53,000 $0 $0
2024 $3,310 $45,000 $0 $0
2023 $2,730 $45,500 $0 $0
2022 $3,262 $46,500 $0 $0
2021 $3,148 $46,300 $0 $0
2019 $3,236 $47,500 $0 $0
2018 $2,841 $50,000 $0 $0
2017 $697 $50,000 $0 $0
2016 $2,050 $30,000 $0 $0
2015 $3,250 $32,500 $0 $0
2013 $3,250 $32,500 $0 $0
2012 -- $32,500 $32,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50071436

Michigan Multiple Listing Service

APN: 36-019-01-0053-002