NOT LISTED FOR SALE

5221 Sutton Rd Lum, MI 48412

Estimated Value: $392,000 - $762,827

170 Acres
$3,397 Price per Acre
7,405,200 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $600,000

Est. 4% decrease in value since last sale

Current estimated payment $3,737/month

Highlights

  • 170 Acre Lot
  • Corner Lot
  • Access to stream, creek or river
  • Wooded Lot

About This Lot

As of August 2021

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.

Last Agent to Sell the Property

Thomas Zibkowski

Real Estate One Inc-Shelby License #MISPE-6501186298 Listed on: 10/08/2020

Real Estate One Inc-Shelby

Last Buyer's Agent

Chantel Fick

Realty Executives Main St LLC License #RCO-6501395629

Realty Executives Main St LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 170 Acre Lot
  • Lot Dimensions are 2631 x 3238
  • Rural Setting
  • Corner Lot
  • Sloped Lot
  • Wooded Lot
  • Many Trees
  • Property is zoned Agricultural

Outdoor Features

  • Access to stream, creek or river
  • Property is near a pond

Listing and Financial Details

  • Assessor Parcel Number 4400303501900

Property Details

Property Type

Land

Est. Annual Taxes

$6,770

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Flood Insurance: Unknown
  • Flood Plain: Unknown
  • Total Tax Amount: 6770
  • Mail City: Attica
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 2631
  • Water Features: Creek/Stream/Brook, Pond
  • Roads: City/County
  • Frontage Type: Road

Utilities

  • Fuel On Site: Electric

Schools

  • School District: Imlay City Community Schools

Lot Info

  • Assessor Parcel Number: 4400303501900
  • Location: Corner Lot, Main Street, Rural
  • Acreage: 170
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sloping, Splits Available, Treed, Wooded
  • Zoning: Agricultural
  • Lot Size: 2631 x 3238
  • Survey On File: Yes

Tax Info

  • Summer Tax: Year: 2020, Amount: $4,670.00
  • Winter Tax: Year: 2019, Amount: $2,100.00
  • Total Tax: Amount: $6,770.00

MLS Schools

  • School District: Imlay City Community Schools

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
$577,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,586
Avg. Annual Appreciation
-0.93%

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:

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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 Change Sq Ft Price
08/30/2021 08/30/21 Sold $600,000 -33.3% --
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 -- --
Source: Michigan Multiple Listing Service

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 $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

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50025958

Michigan Multiple Listing Service

APN: 003-035-019-00