NOT LISTED FOR SALE

4496 Portage Creek Rd SE Unit 3.2 ACRES Grayling, MI 49738

Estimated Value: $143,000 - $318,000

3.2 Acres
$61,253 Price per Acre
139,392 Sq Ft Lot

Last Sold October 01, 2015

Last sale price $92,000

Est. 113% increase in value since last sale

Current estimated payment $1,201/month

220 Days on Market

Highlights

  • Waterfront
  • Level Lot
  • Hunting Land
  • Adjoins Government Land

About This Lot

As of October 2015

This parcel is ideally situated in the heart of some of the most private, high quality trout water in Michigan. Limited canoe traffic, tons of adjacent public land, comfortable wading and open fly casting make this absolutely perfect for the outdoors loving individual or family. A large shed on the property has been dressed up enough to make for comfortable overnight quarters if the hatch comes off late. A hand driven pitcher pump provides on site water as well.

Last Agent to Sell the Property

Chad Brown

Homewaters, L.L.C. Grayling License #6503397686 Listed on: 01/20/2015

Last Buyer's Agent

CHAD BROWN

Homewaters, LLC - Houghton Lake License #6503397686

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,971

Lot Details

  • Waterfront
  • Adjoins Government Land
  • Hunting Land
  • Level Lot

Location

  • Outside City Limits

Property Details

Property Type

Land

Est. Annual Taxes

$1,971

Lot Details

0

Listing Details

  • Features: Adj State/Federal Ld, Hunting Property
  • Electric: Adjacent
  • Directions: Follow Arrowhead Road South of M-72 to Portage Creek Road on the left (south). Follow to property on right.
  • Lot Size: 3.2
  • Open House Office I D: 20061228153831768810000000
  • Prop. Type: Land
  • OFFICELIST_STATE: MI
  • Street Addl Info: 3.2 ACRES
  • Building Style: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: No
  • In City Limits: No
  • Basement Type: Vacant Waterfront

Exterior Features

  • Road: Gravel, Maintained
  • Waterfront: Yes

Utilities

  • Sewer: No Septic
  • Hot Water: See Remarks
  • Gas Oil Well Etc: No

Schools

  • Elem School Dist Number: 4496

Lot Info

  • Topography: Flat
  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Oct 6, 2015
Sold by
Webb Stuart N and Webb Beth M
Bought by
Luedtke Samuel L
Seller's Agent
Chad Brown
Homewaters, L.L.C. Grayling
Buyer's Agent
Chad Brown
Homewaters, L.L.C. Grayling
Sold Price
$92,000
Current Estimated Value
$196,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,010
Avg. Annual Appreciation
7.80%
Original Mortgage
$62,560
Outstanding Balance
$46,217
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$149,793
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
Luedtke Samuel L $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luedtke Samuel L $62,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $92,000 -- --
08/28/2015 08/28/15 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 $1,971 $64,700 $0 $0
2024 $1,587 $64,900 $0 $0
2023 $1,513 $43,000 $0 $0
2022 $1,769 $39,800 $0 $0
2021 $1,746 $41,400 $0 $0
2020 $1,727 $38,600 $0 $0
2019 $1,933 $43,200 $0 $0
2018 $2,220 $48,700 $0 $0
2016 $2,009 $44,000 $0 $0
2015 -- $47,200 $0 $0
2014 -- $53,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 294754

Water Wonderland Board of REALTORS®

APN: 001-015-004-30