NOT LISTED FOR SALE

4768 E River Dr Mio, MI 48647

Estimated Value: $74,000 - $110,000

0.23 Acre
$379,300 Price per Acre
10,019 Sq Ft Lot

Last Sold August 24, 2019

Last sale price $19,000 $18 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $502/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Cottage
  • Living Room
  • Main Floor Bedroom
  • First Floor Utility Room
  • Dining Room

About This Lot

As of August 2019

Repossessed full log cabin on good sized lot in the resort town of McKinley, an old logging town built just steps from the famous Au Sable River, and immediate access to ORV and groomed snowmobile trails, as well as 10's of thousands of acres of public lands. Needs lots of TLC, but could be a beautiful getaway.

Last Agent to Sell the Property

Kevin Peters

Ausable Valley Realty License #6504225337 Listed on: 07/23/2019

Last Buyer's Agent

Karen Mitchell

Ausable Valley Realty License #6501406894

Property Details

Property Type

  • Land

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 200 x 50

Home Design

  • Cottage
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Schools

  • Mio Ausable Elementary School
  • Mio Ausable High School

Utilities

  • Wall Furnace
  • Well
  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • T26n R4e Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68-006-715-106-05
  • Tax Block 15

Property Details

Property Type

Land

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Take McKinley Road, north of Au Sable River (north of Mio on M-33) east 11 miles to McKinley to right on Evans road to left on E. River Road to cabin on right
  • Garage Yn: No
  • Lot Size: 200 x 50
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1950
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Water Heater
  • Co List Office Phone: 989-826-6550
  • MLS Status: Closed
  • Subdivision Name: T26N-R4E
  • Above Grade Finished Sq Ft: 1072.0
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 200 x 50
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cottage
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Water Heater: Electric
  • Laundry Main Level: Yes
  • General Property Information:Acres: 0.23
  • HeatingAir Wood4: Yes
  • Foundation:Slab: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: None
  • Bedroom 3 Level: 1st
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features Wood Stove2: Yes

Exterior Features

  • Waterfront: No
  • Foundation Details: Slab
  • Exterior Half Log: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating: Wall Furnace, Wood, Wood Stove
  • HeatingYN: Yes

Schools

  • Schools Elementary School: Mio AuSable
  • Schools High School: Mio AuSable
  • Elementary School: Mio AuSable
  • Junior High Dist: Mio/Ausable
  • High School: Mio AuSable

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 68-006-715-106-05

Tax Info

  • Tax Block: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Mar 11, 2016
Sold by
Muneio Deborah L
Bought by
Wilson Kevin C and Laferty Chellsie M
Seller's Agent
Brian Farrell
CB Schmidt Houghton Lake
Buyer's Agent
Brian Farrell
CB Schmidt Houghton Lake
Sold Price
$32,000
Current Estimated Value
$87,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,239
Avg. Annual Appreciation
10.78%
Original Mortgage
$28,500
Interest Rate
6%
Mortgage Type
New Conventional
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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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
Wilson Kevin C $32,000 Three Lks Abs & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilson Kevin C $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2019 08/24/19 Sold $19,000 -40.6% $18 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
03/14/2016 03/14/16 Sold $32,000 -- $32 / Sq Ft View Prior Sale
02/17/2016 02/17/16 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 $527 $27,500 $0 $0
2024 $675 $26,900 $0 $0
2023 $504 $18,500 $0 $0
2022 $473 $16,200 $0 $0
2021 $589 $14,800 $0 $0
2020 $559 $13,100 $0 $0
2019 $331 $15,600 $0 $0
2018 $221 $13,600 $0 $0
2017 $472 $13,700 $0 $0
2016 $498 $12,600 $0 $0
2014 $255 $12,400 $0 $0
2011 -- $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 320447

Water Wonderland Board of REALTORS®

APN: 00671510605