NOT LISTED FOR SALE

5350 Bemis Rd Ypsilanti, MI 48197

Estimated Value: $140,000 - $283,000

9.45 Acres
$20,706 Price per Acre
411,642 Sq Ft Lot

Last Sold May 12, 2017

Last sale price $90,000

Est. 117% increase in value since last sale

Current estimated payment $1,189/month

10 Days on Market

Highlights

  • 9.45 Acre Lot
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of May 2017

Build your dream home on this stunning lot close to freeways, schools, shopping. Located directly across from the south boundary of Rolling Hills County Park guarantees the country feel will always be there for you. With the perc tests already completed showing great soil, the lot has already been approved for a standard septic field. You get the best of both worlds with a large 3-4 acres of cleared space at the front and the remainder througout the back is wooded. Come take a look today!, Easement: 6' ATT easement running E/W will not impact build

Last Agent to Sell the Property

Merrill Guerra

Red Barn Realty LLC License #6502405860 Listed on: 03/23/2017

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,077

Lot Details

  • 9.45 Acre Lot
  • The property's road front is unimproved
  • Level Lot
  • Wooded Lot
  • Property is zoned RI, RI

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Mineral Rights
  • Tillable Land

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,077

Lot Details

0

Listing Details

  • Property Type: Land
  • General Property Info:Lot Dimensions: flag shaped 898' deep
  • Tax Info:Zoning3: RI
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • Lot Description:Level: Yes
  • Lot Description:Tillable: Yes
  • Mineral Rights:Available: Yes
  • General Property Info High School: Lincoln High School
  • General Property Info Middle School2: Lincoln Middle School
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Phone Connected: Yes
  • Remarks Misc: Public Remarks: Build your dream home on this stunning lot close to freeways, schools, shopping. Located directly across from the south boundary of Rolling Hills County Park guarantees the country feel will always be there for you. With the perc tests already completed showing great soil, the lot has already been approved for a standard septic field. You get the best of both worlds with a large 3-4 acres of cleared space at the front and the remainder througout the back is wooded. Come take a look today!, Easement: 6' ATT easement running E/W will not impact build
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 94500.0
  • Lot Features: Level, Tillable, Wooded
  • Road Surface Type: Unimproved

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Phone Connected, Natural Gas Connected, None, Electricity Connected
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Current Use: Farm
  • Lot Size Acres: 9.45
  • Lot Size Area: 9.45
  • Lot Dimensions: flag shaped 898' deep
  • Lot Size Sq Ft: 411642.0
  • Zoning Description: RI

Tax Info

  • Tax Annual Amount: 2076.97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 12, 2017
Sold by
Marosi Stephen P
Bought by
Bohlen Daniel and Bohlen Tracey
Seller's Agent
Merrill Guerra
Red Barn Realty LLC
Buyer's Agent
No Member
Non Member Sales
List Price
$94,500
Sold Price
$90,000
Premium/Discount to List
-$4,500
-4.76%
Current Estimated Value
$195,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,667
Avg. Annual Appreciation
9.33%
Original Mortgage
$76,500
Outstanding Balance
$65,908
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$129,759

Purchase Details

Listed on
Mar 19, 2015
Closed on
Aug 10, 2015
Sold by
Miller Paulette R and The Joseph R Fox Trust
Bought by
Marosi Stephen P
Seller's Agent
Gordon Taylor
Howard Hanna Real Estate
Buyer's Agent
Merrill Guerra
Red Barn Realty LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$60,000
Interest Rate
4.09%
Mortgage Type
Farmers Home Administration
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bohlen Daniel $90,000 None Available
Marosi Stephen P $75,000 Barristers Settlement & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohlen Daniel $76,500
Previous Owner Marosi Stephen P $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2017 05/12/17 Sold $90,000 -4.8% --
04/02/2017 04/02/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $94,500 +26.0% --
08/14/2015 08/14/15 Sold $75,000 0.0% -- View Prior Sale
08/14/2015 08/14/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $75,000 -- --
Source: MichRIC

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 $2,063 $57,200 $0 $0
2024 $2,120 $52,000 $0 $0
2023 $1,828 $40,500 $0 $0
2022 $2,073 $39,000 $0 $0
2021 $2,031 $40,200 $0 $0
2020 $1,949 $37,900 $0 $0
2019 $1,933 $36,800 $36,800 $0
2018 $1,961 $37,900 $0 $37,900
2017 $1,965 $37,900 $0 $0
2016 $1,717 $37,900 $0 $0
2015 -- $21,986 $0 $0
2014 -- $21,300 $0 $0
2013 -- $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22533

MichRIC

APN: 20-06-210-016