NOT LISTED FOR SALE

51450 North Ave Macomb, MI 48042

Estimated Value: $415,000 - $1,459,235

4 Beds
1 Bath
1,728 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $1,250,000 $723 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $5,216/month

41 Days on Market

Highlights

  • 31.69 Acre Lot
  • Pole Barn
  • Forced Air Heating System
  • Colonial Architecture
  • No HOA
  • Ceiling Fan

About This Home

As of August 2021

BUILDING OPPORTUNITY FOR SUBDIVISON OR MUITIFAMILY DEVELOPMENT. 352 FEET OF FRONTAGE ON NORTH AVENUE. PROPERTY SITS BEHIND THE HARD CORNER OF 23 MILE AND NORTH AVENUE WHERE SEVEN ACRES ARE CURRENTLY FOR SALE FOR $2.5M. THIS 31.95 ACRE PARCEL IS CURRENTLY BEING LEASED AS A SOD FARM AND THE LEASE IS TRANSFERABLE TO NEXT OWNER. THE CURRENT HOUSE IS RENTED AND IS OCCUPIED. VALUE IS IN THE LAND. THE PROPERTY ALSO FEATURES A MASSIVE POLE BARN. SURVEY LISTED IN PHOTOS. SOIL BORING SAMPLES AND WETLAND STUDIES TO BE CONDUCTED BY PURCHASER. ZONING IS CURRENLTY RS/AG. GAS, ELECTRIC, AND WATER ARE AVAILABLE AT THE PROPERTY FROM NORTH AVENUE. CITY SEWER WILL NEED TO BE CONNECTED FROM 23 MILE ROAD. LARGE SUBDIVISON DEVELOPMENTS BY MANY HOME BUILDERS A FEW PARCELS AWAY. LAND CONTRACT TERMS AVAILABLE.

Last Agent to Sell the Property

Brett Knybel

KW Platinum License #6501388440 Listed on: 04/05/2021

KW Platinum

Co-Listed By

Alex Klott

KW Platinum License #6501400988

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1893

Lot Details

  • 31.69 Acre Lot
  • Lot Dimensions are 352 x 9999

Home Design

  • Colonial Architecture
  • Block Foundation
  • Masonry

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Pole Barn
  • Ground Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0813300057

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,398

Year Built

Built in 1893

Lot Details

31.69 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 200.98
  • Year Built: 1893
  • State Equalized Value: 188300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1728

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 50489.1100
  • Lot Size Area: 31.69
  • Lot Dimensions: 352 X 9999
  • Parcel Number: 0813300057

Rental Info

  • Deposit Amount: 40.00

Tax Info

  • Tax Amount Summer: 3209.0000
  • Tax Amount Winter: 2189.0000
  • Total Tax: 5398.0000
  • Taxable Value: 141425.0000

MLS Schools

  • School District: New Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 17, 2021
Sold by
E & S Schmidt Family Llc
Bought by
Cp Land Holding Llc
Seller's Agent
Brett Knybel
KW Platinum
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$1,600,000
Sold Price
$1,250,000
Premium/Discount to List
-$350,000
-21.88%
Current Estimated Value
$937,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,882
Avg. Annual Appreciation
-6.11%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Schmidt Earl L and Schmidt Shirley A
Bought by
E & S Schmidt Family Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cp Land Holding Llc -- Ata National Title
E & S Schmidt Family Llc -- Ata National Title
E & S Schmidt Family Llc -- Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cp Land Holding Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $1,250,000 -21.9% $723 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,600,000 -- $926 / Sq Ft
Source: Realcomp

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 $4,715 $210,800 $0 $0
2024 $46 $205,900 $0 $0
2023 $4,347 $193,500 $0 $0
2022 $10,243 $194,800 $0 $0
2021 $5,457 $190,300 $0 $0
2020 $3,209 $188,300 $0 $0
2019 $5,115 $189,000 $0 $0
2018 $4,320 $202,400 $0 $0
2017 $3,999 $162,750 $124,030 $38,720
2016 $4,437 $162,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210022884

Realcomp

APN: 20-08-13-300-057

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