NOT LISTED FOR SALE

5100 Long Lake Rd Reading, MI 49274

Estimated Value: $328,466 - $349,000

60.7 Acres
$5,609 Price per Acre
2,644,092 Sq Ft Lot

Last Sold December 08, 2021

Last sale price $242,800

Est. 40% increase in value since last sale

Current estimated payment $2,389/month

Highlights

  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • 60.7 Acre Lot
  • Wooded Lot

About This Lot

As of December 2021

This is one of the most unique properties I have ever represented. This gorgeous and nearly 100% wooded property has 60.70 total acres. It has over 3,000 feet of Lake frontage on Berry Lake and over 600 feet of Lake frontage on Poppie Lake. Berry Lake connects into Paw Paw Lake, Allen Lake and Loon Lake. This would be an incredible property to build your dream home. Reading Township has the property classified as developmental. The property currently has an SEV of $422,500, this means that the Township believes the property is worth more than $840,000. There is an old house and barn on the property that are beyond repair and will most likely need to be removed from the property. The property is being sold in as-is condition. The price reflects an as-is condition sale. The owner does not have the ability to remove the existing structures from the property. This is truly a one of a kind property, don't miss this opportunity!

Last Agent to Sell the Property

Brock Fletcher

Keller Williams Realty Lansing License #6506042510 Listed on: 09/29/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,474

Lot Details

  • 60.7 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Lake
  • Woods

Property Details

Property Type

Land

Est. Annual Taxes

$2,474

Lot Details

0

Listing Details

  • Tax Year: 2020
  • Business Type: Boating, Fishing, Wooded
  • Lot Size Acres: 60.7
  • Lot Size: Irreg
  • Subdivision Name: None
  • General Property Info:Lot Size Dimensions: Irreg
  • General Property Info:Waterfront: Yes
  • General Property Info:ECO Friendly Features: No
  • Land Acreage:Wooded4: Yes
  • Road Frontage Type:County Road: Yes
  • View:Lake: Yes
  • View:TreesWoods: Yes
  • General Property Info:Trees: Yes
  • General Property Info:Wooded: Yes
  • General Property Info:Road Surface: Paved
  • Miscellaneous:Slope Contour: Yes
  • Miscellaneous:Roll Contour: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Property Type: Land

Exterior Features

  • Lot Features: Private, Secluded, Sloped, Waterfront, Wooded
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt
  • Water Body Name: Berry Lake & Poppie Lake
  • View: Lake, Trees/Woods
  • WaterfrontFeatures: Lake Front
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Wooded2: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Waterfront3: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None26: Yes

Utilities

  • Sewer: Unimproved
  • Water Source: Unimproved

Schools

  • Junior High Dist: Reading

Lot Info

  • Lot Size Sq Ft: 2644092.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2474.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 8, 2021
Sold by
Faucett Michael and Estate Of Maxine Elizabeth Jon
Bought by
Wheatley James L and Wheatley Stephanie R
Seller's Agent
Brock Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Non Member
Non Member Office
List Price
$242,800
Sold Price
$242,800
Current Estimated Value
$340,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,689
Avg. Annual Appreciation
9.26%
Original Mortgage
$167,000
Outstanding Balance
$153,327
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,162
Source: Public Records

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
Wheatley James L $242,800 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley James L $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $242,800 0.0% --
10/08/2021 10/08/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $242,800 -- --
Source: Greater Lansing 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
2025 $7,011 $182,200 $0 $0
2024 $1,738 $161,400 $0 $0
2023 $1,657 $151,000 $0 $0
2022 $6,508 $149,700 $0 $0
2021 $2,488 $422,500 $0 $0
2020 $2,480 $420,500 $0 $0
2019 $2,413 $398,800 $0 $0
2018 $2,320 $364,500 $0 $0
2017 $1,298 $355,100 $0 $0
2016 $1,287 $286,100 $0 $0
2015 $571 $286,100 $0 $0
2013 $553 $280,630 $0 $0
2012 $540 $279,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 260050

Greater Lansing Association of Realtors®

APN: 10-020-200-001-20-7-4