NOT LISTED FOR SALE

5010 Wells Rd Oscoda, MI 48750

Estimated Value: $189,585

21 Acres
$9,028 Price per Acre
914,760 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $158,000

Est. 20% increase in value since last sale

Current estimated payment $1,180/month

9 Days on Market

About This Lot

As of September 2021

Located in Iosco County approximately 5 miles West of Oscoda and 1 mile from Foote Dam Pond and Old Orchard Park. At just over 21 acres this property was once a full service sawmill. There is a 40x 100 storage barn, 30×40 heated pole barn as well as a mobile home and a couple of concrete slabs that can make ideal spots to put your camper on. There is power and a well on site. This parcel backs up to thousands of acres of the Huron National Forest. The recreational opportunities are endless in this location. Call today for your private tour!

**Maps contained on our sites are there to simply depict the over all layout or shape of a given property and show what it looks like from an aerial view. These maps are neither a legally recorded map, or any type of a legal survey

Last Listed By

Trevor Morin

Michigan Whitetail Properties License #6501403772 Listed on: 09/08/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,388

Lot Details

  • 21 Acre Lot
  • Finished Lot(s)

Utilities

  • Well

Community Details

Overview

  • Property is near a preserve or public land

Recreation

  • Recreational Area

Property Details

Property Type

Land

Est. Annual Taxes

$1,388

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: 130000.0
  • Lot Features: Adj to Public Land, Buildable, Recreational, Wooded
  • Topography: {"Rolling Hills":true}

Utilities

  • Water Source: Well

Lot Info

  • Current Use: Recreational, Hunting
  • Lot Size Acres: 21.0
  • Lot Size Area: 21.0
  • Lot Size Sq Ft: 914760.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1388.22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Sep 30, 2021
Sold by
Germaine Brooks C
Bought by
Schmitt John J
Seller's Agent
Trevor Morin
Michigan Whitetail Properties
Buyer's Agent
Trevor Morin
Michigan Whitetail Properties
List Price
$130,000
Sold Price
$158,000
Premium/Discount to List
$28,000
21.54%
Total Days on Market
9
Current Estimated Value
$189,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,585
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Department Of Treasury
Bought by
Germaine Brooks C

Purchase Details

Closed on
Nov 1, 2006
Sold by
Laubon Kathy
Bought by
Donald R Kushmaul Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.36%
Mortgage Type
Commercial

Range of Values:

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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
Schmitt John J $158,000 None Available
Germaine Brooks C -- --
Donald R Kushmaul Ii Llc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donald R Kushmaul Ii Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $158,000 +21.5% --
09/17/2021 09/17/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $130,000 -- --
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 $1,552 $42,300 $0 $0
2023 $1,085 $38,400 $38,400 $0
2022 $1,452 $33,500 $33,500 $0
2021 $1,315 $31,800 $31,800 $0
2020 $1,551 $37,200 $37,200 $0
2019 $1,530 $35,600 $35,600 $0
2018 $1,576 $36,600 $36,600 $0
2017 $1,466 $35,900 $35,900 $0
2016 $1,435 $35,900 $0 $0
2015 -- $36,100 $0 $0
2014 -- $40,700 $0 $0
2013 -- $40,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trevor Morin

    Seller's Agent in 2021

    Trevor Morin

    Michigan Whitetail Properties

    (517) 437-2946

    128 Total Sales

    Trevor Morin
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21104698

Southwestern Michigan Association of REALTORS®

APN: 062-033-300-001-75

Michigan Iosco County Oscoda 48730

5010 Wells Rd, Oscoda, MI

Homes for Sale in Oscoda, MI

This home is located at 5010 Wells Rd, Oscoda, MI 48750 since 08 September 2021 and is currently estimated at $189,585. 5010 Wells Rd is a home located in Iosco County with nearby schools including Richardson Elementary School and Oscoda Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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