NOT LISTED FOR SALE

508 N Bailey St Cheboygan, MI 49721

Estimated Value: $122,000 - $155,000

0.12 Acre
$1,156,517 Price per Acre
5,227 Sq Ft Lot

Last Sold May 10, 2017

Last sale price $39,500 $31 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $801/month

100 Days on Market

Highlights

  • Living Room
  • Dining Room
  • 4-minute walk to Water Street Park
  • Forced Air Heating System

About This Lot

As of May 2017

Lots of updates in this affordable city home. Convenient located to town, churches, shopping, doctors and much more. Main floor bedroom is one of three generous bedrooms. Newer vinyl siding, windows and front porch. Cute kitchen features black and white patterned floor and red accents. Appliances including washer and dryer are included. Newer furnace and water heater make this a home that with a little TLC could be a great home. Easy to view and move in on closing!

Last Agent to Sell the Property

Team Martinchek

Berkshire Hathaway HomeServices-Cheboygan Brokerage Email: audreymartinchek@bhhsmi.com License #6506043613 Listed on: 11/30/2016

Berkshire Hathaway HomeServices-Cheboygan

Last Buyer's Agent

Jessica Searles

Coldwell Banker Fairbairn Realty License #6501390406

Coldwell Banker Fairbairn Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $777

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 61 x 43.5

Home Design

  • Frame Construction
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Oven or Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Municipal Utilities District for Water and Sewer

Community Details

  • T38n R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053-P34-001-009-00
  • Tax Block 30/1

Property Details

Property Type

Land

Est. Annual Taxes

$777

Lot Details

0

Listing Details

  • Directions: West on State Street, Right on Bailey to sign on Right
  • Garage Yn: No
  • Lot Size: 61 X 43.5
  • Prop. Type: Residential
  • Bedroom 2 Level: Upper
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Attribution Contact: audreymartinchek@bhhsmi.com
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Dryer
  • Co List Office Phone: 231-627-7186
  • MLS Status: Closed
  • Subdivision Name: T38N R1W
  • Above Grade Finished Sq Ft: 1260.0
  • Architectural Style: 2+ Story
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 61 X 43.5
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 0.12
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Basement Specifics PartFinished: Yes
  • Water Municipal3: Yes
  • Sewer Municipal4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Partially Finished
  • BasementSpecificsBasementSize: 450 sq'
  • Bedroom 3 Level: Upper
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement
  • Exterior Shingles: Yes

Garage/Parking

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

Utilities

  • Sewer: Municipal
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes

Schools

  • Junior High Dist: Cheboygan Area

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 053-P34-001-009-00

Tax Info

  • Tax Block: 30/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
May 10, 2017
Sold by
Walter Elizabeth J
Bought by
Lemarble Wesley N
Seller's Agent
Team Martinchek
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Jessica Searles
Coldwell Banker Fairbairn Realty
Sold Price
$39,500
Current Estimated Value
$138,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,282
Avg. Annual Appreciation
16.05%
Original Mortgage
$39,500
Outstanding Balance
$32,831
Interest Rate
4.08%
Mortgage Type
VA
Estimated Equity
$105,951

Purchase Details

Listed on
Nov 30, 2016
Closed on
Mar 28, 2017
Sold by
Walter Elizabeth J and Gauthier Thomas F
Bought by
Walter Elizabeth J
Seller's Agent
Team Martinchek
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Jessica Searles
Coldwell Banker Fairbairn Realty
Sold Price
$39,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Outstanding Balance
$32,831
Interest Rate
4.08%
Mortgage Type
VA
Estimated Equity
$105,951

Purchase Details

Closed on
Oct 14, 2008
Sold by
Brewster Edward and Gerald Ttees
Bought by
Gauthier Thomas and Elizabeth Walter

Purchase Details

Closed on
Nov 16, 1982
Sold by
Brewster Helen
Bought by
Brewster William Edward and Brewster Gerald
Source: Public Records

Range of Values:

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Average Value
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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
Lemarble Wesley N $39,500 Title Resource Agency
Walter Elizabeth J -- Title Resource Agency
Gauthier Thomas $12,000 --
Brewster William Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemarble Wesley N $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $39,500 -- $31 / Sq Ft
03/10/2017 03/10/17 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 $777 $44,400 $0 $0
2024 $558 $37,500 $0 $0
2023 $536 $31,800 $0 $0
2022 $518 $23,600 $0 $0
2021 $671 $21,100 $21,100 $0
2020 $665 $21,100 $21,100 $0
2019 $648 $19,900 $19,900 $0
2018 $632 $15,200 $0 $0
2017 $510 $15,100 $0 $0
2016 $726 $15,100 $0 $0
2015 -- $14,000 $0 $0
2014 -- $13,000 $0 $0
2012 -- $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 305732

Water Wonderland Board of REALTORS®

APN: 053-P34-001-009-00