NOT LISTED FOR SALE

3249 Gratiot St Indian River, MI 49749

Estimated Value: $716,562 - $1,081,000

1.3 Acres
$705,785 Price per Acre
56,628 Sq Ft Lot

Last Sold December 12, 2017

Last sale price $325,000

Est. 182% increase in value since last sale

Current estimated payment $6,921/month

203 Days on Market

Highlights

  • 252 Feet of Waterfront
  • Level Lot
  • 3-minute walk to Marina Park

About This Lot

As of December 2017

Highly desirable waterfront parcel on Indian River with 252 feet of frontage with 12 boat slips that can accommodate up to 50' vessels. Great for commercial development for marine activities and recreation

Last Agent to Sell the Property

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 05/09/2017

Last Buyer's Agent

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 05/09/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,179

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 252' x 476' x 152' x 328'
  • 252 Feet of Waterfront
  • Level Lot
  • Property is zoned Article 10-P-LS

Utilities

  • Well
  • Septic System

Additional Features

  • Water Views
  • Boat Slip or Dock Located at 12

Listing and Financial Details

  • Assessor Parcel Number 162-019-100-032-00

Property Details

Property Type

Land

Est. Annual Taxes

$23,179

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 06/07/2017
  • Section: SEC 19
  • S E V Yr: #96,800/2017
  • Road Access: Y
  • Road Frontage Feet: 152'
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake: Indian River
  • Waterfront Frontage: 252
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership
  • Boat Slip Feet: 30'&40'
  • Slip Number: 12

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Inland Lakes

Lot Info

  • Estimated Lot Dimensions: 252' X 476' X 152' X 328'
  • Estimated Number of Acres: 1.3
  • Lot: Y
  • Zoning: Article 10-P-LS
  • Property Description: Commercial parcel with 252' in Indian River with 12 slips 30' to 40'
  • Number Of Acres: 1 - 2
  • Terrain: Flat
  • Zoned Commercial: Yes

Tax Info

  • Assessor Parcel Number: 162-019-100-032-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Draves-Reynaert Lori
Bought by
Mary M Llc
Current Estimated Value
$917,521

Purchase Details

Closed on
Aug 13, 2020
Sold by
River Deck Llc
Bought by
Draves-Reynaert Lori and Reynaert Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,840
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2017
Closed on
Dec 8, 2017
Sold by
Tip Of Th Emitt Llc
Bought by
River Deck Llc
Seller's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
List Price
$599,000
Sold Price
$325,000
Premium/Discount to List
-$274,000
-45.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%
Original Mortgage
$249,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Davis Rosalie Estate Of
Bought by
Tip Of The Mitt, Llc
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
Mary M Llc $550,000 --
Draves-Reynaert Lori -- --
River Deck Llc -- Crossroads Title
Tip Of The Mitt, Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draves-Reynaert Lori $416,840
Previous Owner River Deck Llc $45,500
Previous Owner River Deck Llc $249,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $325,000 -45.7% --
11/28/2017 11/28/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $599,000 -- --
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 $23,179 $198,700 $0 $0
2024 $6,221 $531,100 $0 $0
2023 $2,454 $227,900 $0 $0
2022 $2,337 $222,000 $0 $0
2021 $8,459 $191,900 $191,900 $0
2020 $11,867 $281,200 $281,200 $0
2019 $11,704 $270,700 $270,700 $0
2018 $11,365 $264,800 $0 $0
2017 $4,109 $96,800 $0 $0
2016 $4,988 $117,600 $0 $0
2015 -- $120,000 $0 $0
2014 -- $162,600 $0 $0
2012 -- $249,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 452119

Northern Michigan MLS

APN: 162-019-100-032-00