NOT LISTED FOR SALE

313 E State St Mancelona, MI 49659

Estimated Value: $105,000 - $134,000

2 Beds
1 Bath
878 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $73,000 $83 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $697/month

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • Patio
  • Shed
  • Ceiling Fan

About This Home

As of August 2021

An AFFORDABLE opportunity to become a homeowner or for a second home in the heart of Northern MI. This two bedroom / one bathroom home is located only 6 miles from Shanty Creek Resorts. Whether you're a first time home buyer looking to end paying rent and start building equity or you’re looking to invest in a revenue generating rental property this opportunity won’t last long in this crazy market. Current owner has been using the home as a rental with a good rental history. The home does have road access to the back yard for additional storage or parking needs, the possibility of building a garage is even possible. The septic tank was just pumped April 2021.

Last Agent to Sell the Property

Tim Nemecek

Real Estate One Listed on: 06/14/2021

Real Estate One

Last Buyer's Agent

Samuel Bowman

Pat O'Brien & Associates - Boyne City License #6506048917

Home Details

Home Type

  • Single Family

Lot Details

  • 6,970

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 878 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-45-070-034-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/14/2021
  • Measurement Source: Owner
  • Section: 17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dryer, Patio, Range, Washer, Paved Road
  • Total Finished Sq Ft: 878
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Slab
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 878
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: City
  • Water Heater: Natural Gas

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 05-45-070-034-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 10, 2021
Sold by
May Sarah
Bought by
Gwizdala Teresa
Seller's Agent
Tim Nemecek
Real Estate One
Buyer's Agent
Samuel Bowman
Pat O'Brien & Associates - Boyne City
List Price
$69,999
Sold Price
$73,000
Premium/Discount to List
$3,001
4.29%
Current Estimated Value
$119,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,836
Avg. Annual Appreciation
11.92%
Original Mortgage
$71,677
Outstanding Balance
$65,078
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,758

Purchase Details

Listed on
Oct 31, 2011
Closed on
Dec 2, 2011
Bought by
Miles Jacob - Reamer Steven
Seller's Agent
Chad Anderson
Coldwell Banker Schmidt-Kalkas
Buyer's Agent
Mike Cummings
TCAREA.COM, LLC
List Price
$11,500
Sold Price
$13,190
Premium/Discount to List
$1,690
14.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
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
Gwizdala Teresa $73,000 Antrim Cnty Title Inc
Gwizdala Teresa $73,000 Misc Company
Miles Jacob - Reamer Steven $13,200 --
Miles Jacob $13,190 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gwizdala Teresa $71,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $73,000 +4.3% $83 / Sq Ft
06/14/2021 06/14/21 For Sale $69,999 +55.6% $80 / Sq Ft
02/01/2017 02/01/17 Sold $45,000 -18.2% $51 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $55,000 +317.0% $63 / Sq Ft
01/11/2012 01/11/12 Sold $13,190 +14.7% $15 / Sq Ft View Prior Sale
11/11/2011 11/11/11 Pending -- -- --
10/31/2011 10/31/11 For Sale $11,500 -- $13 / 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
2025 $825 $38,000 $0 $0
2024 $8 $34,900 $0 $0
2023 $786 $35,100 $0 $0
2022 $407 $23,300 $0 $0
2021 $1,085 $20,500 $0 $0
2020 $409 $21,900 $0 $0
2019 $726 $18,800 $0 $0
2018 $713 $17,500 $0 $0
2017 $600 $17,500 $0 $0
2016 $747 $14,800 $0 $0
2015 -- $15,800 $0 $0
2014 -- $14,500 $0 $0
2013 -- $12,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465408

Northern Michigan MLS

APN: 05-45-070-034-00