NOT LISTED FOR SALE

4930 E Joy Rd Ann Arbor, MI 48105

Estimated Value: $261,792 - $358,000

11 Acres
$27,481 Price per Acre
466,963 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $200,000

Est. 47% increase in value since last sale

Current estimated payment $1,875/month

858 Days on Market

About This Lot

As of July 2018

This home site has approvals in place to begin construction now. Rolling and open at front and falling away along the west boundary to a dense tree line and creek. The elevation change on this site is over 30 feet from the hilltop in the center of the site to the creek. Located on a paved road within just a few minutes of the University of Michigan and Med Center. Even this close to Ann Arbor, this site offers all the quiet luxuries of fine Country living.

Last Agent to Sell the Property

Franklin McVeigh

The Charles Reinhart Company License #6506044641 Listed on: 03/24/2016

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,737

Lot Details

  • 10.72 Acre Lot
  • Lot Dimensions are 707x667x692x666
  • Property is zoned A-1, A-1

Schools

  • Logan Elementary School
  • Clague Middle School
  • Huron High School

Additional Features

  • Mineral Rights
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,737

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 229000.0
  • Road Surface Type: Paved

Utilities

  • Utilities: Septic Connected

Schools

  • Elementary School: Logan
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Lot Size Acres: 10.72
  • Lot Size Area: 10.72
  • Lot Dimensions: 707x667x692x666
  • Lot Size Sq Ft: 466963.0
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jul 30, 2018
Sold by
Df Land Development Llc
Bought by
Heflin Gary and Heflin Song Cha
Seller's Agent
Franklin McVeigh
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%
Total Days on Market
858
Current Estimated Value
$294,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,597
Avg. Annual Appreciation
5.80%
Original Mortgage
$160,000
Outstanding Balance
$146,679
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$147,918
Source: Public Records

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Range of Values:

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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
Heflin Gary $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heflin Gary $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $200,000 -23.1% --
07/30/2018 07/30/18 Pending -- -- --
03/24/2016 03/24/16 For Sale $260,000 -- --
Source: Southwestern Michigan Association 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
2024 $2,737 $126,100 $0 $0
2023 $2,611 $107,900 $0 $0
2022 $3,973 $107,900 $0 $0
2021 $3,855 $107,900 $0 $0
2020 $3,851 $71,240 $0 $0
2019 $3,715 $71,240 $71,240 $0
2018 $3,739 $71,240 $71,240 $0
2017 $3,655 $71,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22360

Southwestern Michigan Association of REALTORS®

APN: 09-01-101-006