NOT LISTED FOR SALE

5221 Sutton Rd Lum, MI 48412

Estimated Value: $270,000 - $706,976

Studio
-- Bath
-- Sq Ft
7,405,200 Sq Ft Lot

Sale Details

Date Sold: August 30, 2021

Last sale price $600,000 $0 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,307 / mo

About This Home

Prime 170 acre parcel with 3 road frontages that offer great development potential or private hunting preserve. This property offers woods, open meadows, creek & pond, it is a great location close to I-69 with easy access to Lapeer and Imlay City.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Aug 30, 2021
Sold by
Hunyady Robert Allen and Hunyady Clara Jane
Bought by
Olko Julie M and Knoll Kelly J
Seller's Agent
Thomas Zibkowski
Real Estate One Inc-Shelby
Buyer's Agent
Chantel Fick
Realty Executives Main St LLC
List Price
$1,375,000
Sold Price
$600,000
Premium/Discount to List
-$775,000
-56.36%
Current Estimated Value
$488,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,512
Avg. Annual Appreciation
-4.39%

Purchase Details

Closed on
Dec 20, 2016
Sold by
Martens Jill M and Martens Darren
Bought by
Sutton Road Hunt Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,573
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2002
Bought by
Rodeo Homes, Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Olko Julie M -- Ata National Title Group
Sutton Road Hunt Club Llc $133 --
Rodeo Homes, Inc $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutton Road Hunt Club Llc $338,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $600,000 -33.3% -- View Prior Sale
08/18/2021 08/18/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $899,900 -5.3% --
04/02/2021 04/02/21 Price Changed $949,900 -5.0% --
01/18/2021 01/18/21 Price Changed $999,900 -20.0% --
01/03/2021 01/03/21 Price Changed $1,250,000 -9.1% --
10/08/2020 10/08/20 For Sale $1,375,000 -- --

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 $8,109 $386,600 $0 $0
2024 $7,758 $383,900 $0 $0
2023 $4,338 $359,900 $0 $0
2022 $6,443 $227,500 $0 $0
2021 $5,921 $243,100 $0 $0
2020 $5,850 $273,000 $0 $0
2019 $5,896 $221,000 $0 $0
2018 $6,839 $276,300 $146,900 $129,400
2017 $6,794 $253,500 $0 $0
2016 $5,582 $234,000 $146,900 $87,100
2015 -- $0 $0 $0
2014 -- $208,000 $146,900 $61,100
2013 -- $208,000 $146,900 $61,100
Source: Public Records

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