NOT LISTED FOR SALE

487 Lincoln Lake Ave SE Lowell, MI 49331

Estimated Value: $214,165

6.93 Acres
$30,904 Price per Acre
301,871 Sq Ft Lot

Last Sold September 11, 2018

Last sale price $80,000

Est. 168% increase in value since last sale

Current estimated payment $1,337/month

2 Days on Market

Highlights

  • 6.93 Acre Lot
  • Cherry Creek Elementary School Rated A-
  • Wooded Lot

About This Lot

As of September 2018

6.93 acres in Lowell School District. The property is conveniently minutes from downtown Lowell; with parks, restaurants and shopping. Trail runs along the rear of the property.

Last Agent to Sell the Property

Mark Jewell

Hanson Real Estate Group License #6501322511 Listed on: 08/13/2018

Last Buyer's Agent

Mark Jewell

Hanson Real Estate Group License #6501322511 Listed on: 08/13/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,672

Lot Details

  • 6.93 Acre Lot
  • Wooded Lot
  • Zoning described as R-2

Property Details

Property Type

Land

Est. Annual Taxes

$21,672

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 80000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Lot Size Acres: 6.93
  • Lot Size Area: 6.93
  • Lot Size Sq Ft: 301870.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Priceless Storage Llc
Bought by
487 Lincoln Lake Road Llc
Current Estimated Value
$214,165

Purchase Details

Closed on
May 25, 2021
Sold by
Faber Pete
Bought by
Priceless Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,900
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 11, 2018
Sold by
Fahnenstiel Elizabeth A and Elizabeth A Fahnenstiel Trust
Bought by
Faber Pete
Seller's Agent
Mark Jewell
Hanson Real Estate Group
Buyer's Agent
Mark Jewell
Hanson Real Estate Group
List Price
$80,000
Sold Price
$80,000
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
487 Lincoln Lake Road Llc -- None Listed On Document
Priceless Storage Llc $259,900 None Available
Faber Pete $80,000 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Priceless Storage Llc $259,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $80,000 0.0% --
08/15/2018 08/15/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $80,000 -- --
Source: MichRIC

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 $21,672 $1,144,000 $0 $0
2024 $21,672 $776,200 $0 $0
2023 $17,682 $584,100 $0 $0
2022 $1,883 $40,100 $0 $0
2021 $1,785 $37,800 $0 $0
2020 $1,115 $36,800 $0 $0
2019 $1,751 $36,800 $0 $0
2018 $855 $34,200 $0 $0
2017 $835 $31,300 $0 $0
2016 $814 $31,300 $0 $0
2015 -- $31,300 $0 $0
2013 -- $33,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Jewell

    Hanson Real Estate Group

    (616) 540-6347

    2 in this area

    26 Total Sales

    Mark Jewell
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Map

Source: MichRIC

MLS Number: 18039681

MichRIC

APN: 41-16-34-226-015

Michigan Kent County Lowell 49331

487 Lincoln Lake Ave SE, Lowell, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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