NOT LISTED FOR SALE

4089 Rainbows End Trail Indian River, MI 49749

Estimated Value: $156,000 - $283,000

1 Bed
1 Bath
630 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $77,500 $123 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,232/month

232 Days on Market

Highlights

  • River Front
  • Living Room
  • Dining Room
  • Main Floor Bedroom
  • Shed
  • Heating System Uses Natural Gas

About This Home

As of May 2017

Excellent trout fishing RIGHT OFF YOUR frontage with this log cabin located on the famed Sturgeon River.One of the best fishing holes on the river is here.
Great location close to the village, area shops and restaurants, also close to the Trail system and Burt Lake State Park. Great chance to own your own spot on a great recreational river excellent canoe and kayak stream and is boat-able to Burt lake for smaller boats. Recent upgrades include new roof, new well and exterior logs re-stained.A new sea-wall was done approx. late 1990's.

Last Agent to Sell the Property

Bernie King

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6501324494 Listed on: 08/19/2016

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

Bernie King

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6501324494 Listed on: 08/19/2016

COLDWELL BANKER SCHMIDT INDIAN RIVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Lot Details

  • 5,663

Home Design

  • Cabin
  • Frame Construction
  • Log Siding

Interior Spaces

  • 630 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Shed
  • River Front

Community Details

  • T35n R3w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161-025-200-030-00
  • Tax Block sec 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Lot Details

0

Listing Details

  • Directions: Straits hwy south to left on Rainbows End trail to home on the left.
  • Garage Yn: No
  • Lot Size: 50, x 103, x 50' x 123'
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Water Size: 4''
  • PropertySubType: Residential Water
  • Road Frontage Type: River
  • ResoLaundryFeatures: None
  • Road Surface Type: Gravel, Maintained
  • Water Body Name: Sturgeon River
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T35N R3W
  • Above Grade Finished Sq Ft: 630.0
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 50, x 103, x 50' x 123'
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • HeatingAir Natural Gas4: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Total Bedrooms: 1
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Exterior Features: Cable TV, Shed
  • Waterfront: Yes
  • Construction Type: Half Log
  • Foundation Details: Crawl
  • Exterior Features:Shed: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Half Log: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Natural Gas, Wall Furnace
  • HeatingYN: Yes

Schools

  • Junior High Dist: Inlandlakes

Lot Info

  • Parcel Number: 161-025-200-030-00

Tax Info

  • Tax Block: sec 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
May 19, 2017
Sold by
Fullerton Family Corporation
Bought by
Bryan April
Seller's Agent
Bernie King
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Bernie King
COLDWELL BANKER SCHMIDT INDIAN RIVER
Sold Price
$77,500
Current Estimated Value
$209,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,413
Avg. Annual Appreciation
12.53%
Original Mortgage
$62,775
Outstanding Balance
$52,018
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,895
Source: Public Records

Range of Values:

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Average Value
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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
Bryan April $77,500 Attorneys Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan April $62,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $77,500 -- $123 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
Source: Water Wonderland Board 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
2025 $1,602 $63,800 $0 $0
2024 $423 $70,100 $0 $0
2023 $406 $64,600 $0 $0
2022 $386 $51,400 $0 $0
2021 $1,424 $47,900 $47,900 $0
2020 $1,372 $31,300 $31,300 $0
2019 $1,220 $29,100 $29,100 $0
2018 $1,183 $27,000 $0 $0
2017 $872 $21,700 $0 $0
2016 $864 $19,800 $0 $0
2015 -- $21,000 $0 $0
2014 -- $27,500 $0 $0
2012 -- $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bernie King

    Seller's Agent in 2017

    Bernie King

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (231) 290-0188

    37 Total Sales

    Bernie King
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 304445

Water Wonderland Board of REALTORS®

APN: 161-025-200-030-00

Michigan Cheboygan County Indian River 49749

4089 Rainbows End Trail, Indian River, MI

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