NOT LISTED FOR SALE

4544 Forest Trail Indian River, MI 49749

Estimated Value: $272,000 - $370,000

4 Beds
2 Baths
1,532 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 19, 2019

Last sale price $150,000 $98 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,783 / mo

About This Home

Beautifully maintained and updated frame home in popular neighborhood in Indian River. This 4 bedroom, 1.5 bath home is ideally located between Indian River and Alanson. State land is at the end of the cul-de-sac for easy access to recreational and snowmobile trails. Recent updates include kitchen counters and appliances, central air, engineered wood floors, carpeting and a finished basement. An extra room in the lower level could be easily converted to third bath. Maintenance free exterior, sweet deck and an enormous fenced backyard. Easy commuting to Petoskey and just 5 minutes to the school. What a great family home! All this on an oversized lot and a paved road, with cable and high speed internet available.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 19, 2019
Sold by
Smith Kenneth D and Midyett Ronald
Bought by
Melching Christine
Seller's Agent
Deb Fullford
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Mike Sherwood
Re/Max North
Sold Price
$150,000
Current Estimated Value
$309,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,127
Avg. Annual Appreciation
11.08%
Original Mortgage
$147,283
Outstanding Balance
$129,550
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$179,577

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 6, 2016
Sold by
Mckenzie Kailey and Mckenzie Cunningham Kailey
Bought by
Smith Kenneth D and Midyett Ronald
Seller's Agent
Autumn Duran
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$120,000
Sold Price
$114,000
Premium/Discount to List
-$6,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$102,600
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2013
Sold by
Wright James W and Wright Carol Ann
Bought by
Cunningham Paul and Mckenzie Kailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2005
Sold by
Wright James W
Bought by
Wright James and Wright Carol
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
Melching Christine -- Attorneys Title
Smith Kenneth D -- Devon Title Agency
Cunningham Paul $100,000 --
Wright James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melching Christine $147,283
Previous Owner Smith Kenneth D $102,600
Previous Owner Cunningham Paul $98,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold $150,000 +31.6% $98 / Sq Ft View Prior Sale
05/04/2019 05/04/19 Pending -- -- --
05/06/2016 05/06/16 Sold $114,000 -5.0% $86 / Sq Ft View Prior Sale
03/29/2016 03/29/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $120,000 -- $90 / Sq Ft

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 $1,730 $108,500 $0 $0
2024 $785 $109,000 $0 $0
2023 $752 $91,400 $0 $0
2022 $716 $73,600 $0 $0
2021 $1,548 $63,000 $63,000 $0
2020 $1,466 $58,000 $58,000 $0
2019 $1,498 $58,800 $58,800 $0
2018 $1,516 $60,300 $0 $0
2017 $1,497 $60,700 $0 $0
2016 $1,196 $54,900 $0 $0
2015 -- $48,200 $0 $0
2014 -- $52,700 $0 $0
2012 -- $42,600 $0 $0
Source: Public Records

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