NOT LISTED FOR SALE

40439 M 140 Hwy Covert, MI 49043

Estimated Value: $324,000 - $435,000

90 Acres
$4,184 Price per Acre
3,902,976 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $275,000

Est. 29% increase in value since last sale

Current estimated payment $2,255/month

190 Days on Market

About This Lot

As of February 2020

87.6 acres in Van Buren County. This one is for the blueberry farmers and investors! This farm is located just South of Covert and has over 10 acres of mature blueberry plants. The plants are producing an impressive yield year to year. There is more acreage that could be put into production as well. The parcel is covered with deer and other wildlife sign. A duplex is located just off M-140 and is generating $1,200 / month. The location is just minutes away from the beaches of Lake Michigan and right in between Waterveliet and South Haven.

Last Agent to Sell the Property

Blake Verwoert

Wildlife Realty License #6502424945 Listed on: 03/25/2019

Last Buyer's Agent

Blake Verwoert

Wildlife Realty License #6502424945 Listed on: 03/25/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,017

Lot Details

  • 89.6

Additional Features

  • 89.6 Acre Lot
  • Tillable Land

Property Details

Property Type

Land

Est. Annual Taxes

$2,017

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 300000.0
  • Lot Features: Building, Tillable, Wooded
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 89.6
  • Lot Size Area: 89.6
  • Lot Size Sq Ft: 3902976.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2017.0
  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Feb 8, 2020
Sold by
Bonaparte Patricia L
Bought by
Harbison Thomas
Seller's Agent
Blake Verwoert
Wildlife Realty
Buyer's Agent
Blake Verwoert
Wildlife Realty
List Price
$375,000
Sold Price
$275,000
Premium/Discount to List
-$100,000
-26.67%
Current Estimated Value
$353,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,981
Avg. Annual Appreciation
4.67%
Original Mortgage
$178,750
Outstanding Balance
$161,319
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$191,756

Purchase Details

Closed on
Mar 17, 2015
Sold by
Holliday Eric R
Bought by
Bonaparte Patricia L
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
Harbison Thomas $275,000 Star Title Agency Llc
Bonaparte Patricia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbison Thomas $178,750
Previous Owner Bonaparte Holliday Patricia $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $275,000 -26.7% --
10/01/2019 10/01/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $375,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2024 $3,916 $212,000 $0 $0
2023 $3,730 $180,900 $0 $0
2022 $5,686 $185,800 $0 $0
2021 $5,451 $79,700 $55,400 $24,300
2020 $2,401 $79,700 $55,400 $24,300
2019 $2,324 $76,000 $76,000 $0
2018 $2,235 $74,800 $74,800 $0
2017 $2,381 $70,300 $0 $0
2016 $2,393 $70,300 $0 $0
2015 $1,280 $70,300 $0 $0
2014 $821 $75,900 $0 $0
2013 -- $77,900 $77,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19010828

Southwestern Michigan Association of REALTORS®

APN: 80-07-026-010-36