NOT LISTED FOR SALE

461 E Kapplinger Farwell, MI 48622

Estimated Value: $175,745 - $273,000

40 Acres
$5,481 Price per Acre
1,742,400 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $140,750

Est. 56% increase in value since last sale

Current estimated payment $1,213/month

51 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Access to stream, creek or river
  • 40 Acre Lot
  • Garage
  • Lot Has A Rolling Slope

About This Lot

As of October 2022

40 acres just outside of Farwell on a paved road with some frontage on Newton Creek. Property is mostly high and dry with some lower ground down near the Creek. There's a 4 inch well and septic of unknown condition, electric installed and a garage to help get started with either a deer camp or a place to build your dream home. Unique piece of property with being mostly wooded, offering creek frontage and located just a couple miles from town. All listing info/measurements are approx.

Last Agent to Sell the Property

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 08/17/2022

Last Buyer's Agent

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 08/17/2022

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Many Trees

Parking

  • Garage

Additional Features

  • Access to stream, creek or river
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 015 019 100 04

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Sub Structure Types: Garage(s)
  • Total Tax Amount: 2418.24
  • Total Tax Year: 2021
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50
  • Lake Name: Newton Creek
  • Water Features: Creek/Stream/Brook, Waterfront
  • Waterfront: Yes
  • Roads: City/County, Paved Street
  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 015 019 100 04
  • Location: Rural
  • Acreage: 40
  • Lot Description: Rolling/Hilly, Treed, Wooded
  • Zoning: Other
  • Lot Size: 1320x1320
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $572.00
  • Winter Tax: Year: 2021, Amount: $1,860.00
  • Total Tax: Year: 2021, Amount: $2,418.24

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 14, 2022
Sold by
Spence Thomas
Bought by
Zinser Kyler M and Benchley Melissa
Seller's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
Buyer's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
List Price
$144,900
Sold Price
$140,750
Premium/Discount to List
-$4,150
-2.86%
Current Estimated Value
$219,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,498
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Dec 19, 2014
Sold by
John Lagalski and John Rachelle
Bought by
Spence Thomas and Spence Kathy Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Zinser Kyler M $140,750 --
Spence Thomas $102,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $140,750 -2.9% --
08/17/2022 08/17/22 For Sale $144,900 -- --
Source: Clare Gladwin 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 $790 $74,502 $65,000 $9,502
2024 $158 $14,873 $14,873 $0
2023 $591 $64,073 $47,900 $16,173
2022 $2,499 $57,469 $45,000 $12,469
2021 $2,433 $53,900 $0 $0
2020 $2,411 $64,900 $0 $0
2019 $2,247 $51,900 $0 $0
2018 $2,243 $54,300 $0 $0
2017 $549 $51,300 $0 $0
2016 $606 $57,271 $0 $0
2015 -- $56,412 $0 $0
2014 -- $58,851 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50087219

Clare Gladwin Board of REALTORS®

APN: 015-019-100-04