NOT LISTED FOR SALE

5298 Mills Dr Prescott, MI 48756

Estimated Value: $42,000 - $71,000

1 Bed
1 Bath
475 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $36,000 $76 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $350/month

31 Days on Market

Highlights

  • Wooded Lot
  • Sun or Florida Room
  • Cottage
  • Cathedral Ceiling
  • Great Room
  • Eat-In Kitchen

About This Home

As of November 2023

Not all cabins are created equal; and this one is EXCEPTIONAL! Adorable one room cabin located on a double lot in the heart of recreation paradise! Fish within walking distance of Skidway Lake, or grab the canoes & kayaks and hit the Rifle River just a few miles down the road. When winter comes bring up the sleds or cross country ski on hundreds of miles of State Land trails. Sick of paying camping fees? This cabin makes permanent vacation home ownership a reality with plenty of room on the double lot to add a garage or more living space in the future. Property has an updated well & well house; newly remodeled bathroom and interior/exterior paint! This property is a CASH ONLY SALE. Please have proof of funds when submitting offer. *PLEASE NOTE this property is two lots and measures 14500 sq. feet.

Last Agent to Sell the Property

Rebecca Tomac

Cedar & Crow Realty License #CGBOR-6502432255 Listed on: 09/26/2023

Last Buyer's Agent

Rebecca Tomac

Cedar & Crow Realty License #CGBOR-6502432255 Listed on: 09/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • 100 Ft Wide Lot
  • Rural Setting
  • Wooded Lot

Home Design

  • Cottage
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 475 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Sun or Florida Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Spring Valley Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010-280-087-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$584

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 584
  • Total Tax Year: 2022
  • Year Built: 1950
  • Mail City: Prescott
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, DSL Available
  • Basement: None (Basement)
  • Bedrooms: 1
  • Bedroom 1: On Entry Level, Dimensions: 9 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry, Flooring: Wood
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Great Room, Sun/Florida Room, First Flr Full Bathroom, Eat-In Kitchen
  • Great Room: On Entry Level, Dimensions: 19 x 9
  • Kitchen: On Entry Level, Dimensions: 10 x 9
  • Sun Room: On Entry Level, Dimensions: 20 x 8
  • Above Grade Finished Sq Ft: 475
  • Total Finished Sq Ft: 475

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Frontage: 100
  • Road: City/County
  • Sideof Street: W
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 010-280-087-00
  • Zoning: Residential
  • Lot Dimensions: 14500
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Subdivision, Wooded

Tax Info

  • Summer Tax: Year: 2023, Amount: $130.00
  • Winter Tax: Year: 2022, Amount: $454.00
  • Taxable Value: 10644
  • Total Tax: Year: 2022, Amount: $584.00
  • SEV Year: 2023

MLS Schools

  • School District: Whittemore Prescott Area SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 2, 2023
Sold by
Grant Carol
Bought by
Lockwood Lorette
Seller's Agent
Rebecca Tomac
Cedar & Crow Realty
Buyer's Agent
Rebecca Tomac
Cedar & Crow Realty
List Price
$44,900
Sold Price
$36,000
Premium/Discount to List
-$8,900
-19.82%
Views
27
Current Estimated Value
$50,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,561
Avg. Annual Appreciation
20.90%

Purchase Details

Closed on
Oct 5, 2018
Sold by
Moore Anthony L
Bought by
Grant Carol

Purchase Details

Closed on
Nov 12, 1999
Bought by
Moore Anthony L and Moore Billie J
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
Lockwood Lorette $36,000 --
Grant Carol $13,500 --
Moore Anthony L $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $36,000 -9.8% $76 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/15/2023 10/15/23 Price Changed $39,900 -11.1% $84 / Sq Ft
09/26/2023 09/26/23 For Sale $44,900 -- $95 / Sq Ft
Source: Clare Gladwin 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 $883 $19,300 $0 $0
2024 $2 $16,500 $0 $0
2023 $130 $13,300 $0 $0
2022 $577 $12,000 $0 $0
2021 $552 $10,000 $0 $0
2020 $543 $10,000 $0 $0
2019 $517 $9,500 $0 $0
2018 $495 $9,000 $0 $0
2017 $481 $9,100 $0 $0
2016 $313 $9,000 $0 $0
2015 $269 $8,900 $0 $0
2014 $75 $8,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50123278

Clare Gladwin Board of REALTORS®

APN: 010-280-087-00