NOT LISTED FOR SALE

38488 E Mcgregor Row Drummond Island, MI 49726

Estimated Value: $365,000 - $466,764

35 Acres
$11,882 Price per Acre
1,524,600 Sq Ft Lot

Sale Details

Date Sold: April 3, 2017

Last sale price $160,000

Est. 160% increase in value since last sale

Current estimated payment $2,512 / mo

Highlights

  • Waterfront
  • 35 Acre Lot
  • Gentle Sloping Lot
  • Drummond Island Elementary School Rated 9+
  • Wooded Lot

About This Lot

As of April 2017

Water front on Drummond Island at it's finest. Over 1,000 feet on Historic Scammon Cove. Yes, with 35 acres for quite solitude and peaceful wildlife all around. The views of the protected bay are incredible. Extensive gravel drive is already in and goes right up to the North East corner of the property. All legal easements are on file. Property could be split up to five times if development was of interest to a buyer. Great mix of trees and a special bonus, the water front has a continuous supply of cedar shingles and old wooden dock posts that come to shore on a regular basis. Remnants of '' The Old Johnswood Saw Mill''. Folks collect these for art projects and signs. The property has lots of large boulders that would be great for any landscape projects.

Last Agent to Sell the Property

Bruce MacGregor

COLDWELL BANKER SCHMIDT - CEDARVILLE License #6501386621 Listed on: 04/03/2017

COLDWELL BANKER SCHMIDT - CEDARVILLE

Last Buyer's Agent

Bruce MacGregor

COLDWELL BANKER SCHMIDT - CEDARVILLE License #6501386621 Listed on: 04/03/2017

COLDWELL BANKER SCHMIDT - CEDARVILLE

Property Details

Property Type

  • Land

Lot Details

  • 35 Acre Lot
  • Waterfront
  • Gentle Sloping Lot
  • Wooded Lot

Additional Features

  • Water Views
  • Borders State Land
  • Natural Gas Not Available

Property Details

Property Type

Land

Lot Details

35 Acres

Listing Details

  • Directions: Johnswood to R on Meade Island to McGregor Row
  • Listing Member Name: Bruce A MacGregor
  • Prop. Type: Land
  • RealtorCOM Type: Land
  • Selling Member Short Id: 6621
  • Selling Office Short Id: 087
  • OFFICELIST_STATE: MI
  • Drive: Gravel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: County Road, Easements, Private
  • Basement Type: Vacant Waterfront

Exterior Features

  • Acreage: 21 - 40 Acres
  • Number of Acres: 35.00
  • Waterfront: Yes
  • Water View: Yes
  • Water Extras: Borders Public Land, View
  • Topography: Slight Slope

Utilities

  • Electric: Available
  • Gas Company: None

Schools

  • School District: Detour

Lot Info

  • Lot Size: 1320 x 1320 M/L
  • Lot Description: View, Water Frontage, Wooded Lot
  • Prop Use: Current Use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Apr 3, 2017
Sold by
Mcgregor John Dean and Mcgregor Marcy E
Bought by
Starr Jennifer Lee
Seller's Agent
Bruce MacGregor
COLDWELL BANKER SCHMIDT - CEDARVILLE
Buyer's Agent
Bruce MacGregor
COLDWELL BANKER SCHMIDT - CEDARVILLE
Sold Price
$160,000
Current Estimated Value
$415,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,882
Avg. Annual Appreciation
11.21%
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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Purchase History

Date Buyer Sale Price Title Company
Starr Jennifer Lee -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $160,000 -- --
Source: Eastern Upper Peninsula Board of REALTORS®

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 $3,258 $204,400 $0 $0
2024 $920 $172,700 $0 $0
2023 $1,641 $162,200 $0 $0
2022 $1,641 $161,800 $0 $0
2021 $1,641 $159,900 $0 $0
2020 $309 $70,900 $0 $0
2019 $583 $14,000 $0 $0
2018 $2,340 $56,200 $0 $0
2017 $172 $14,000 $0 $0
2016 $177 $14,400 $0 $0
2011 $194 $15,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce MacGregor

    COLDWELL BANKER SCHMIDT - CEDARVILLE

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Map

Source: Eastern Upper Peninsula Board of REALTORS®

MLS Number: 16-1458

APN: 006-211-035-00

Michigan Chippewa County Drummond 49726

38488 E Mcgregor Row, Drummond, MI

Not Listed for Sale

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