NOT LISTED FOR SALE

53502 Post Rd Lake Linden, MI 49945

Estimated Value: $109,240 - $126,000

40 Acres
$2,940 Price per Acre
1,742,400 Sq Ft Lot

Last Sold February 05, 2020

Last sale price $40,000

Est. 194% increase in value since last sale

Current estimated payment $669/month

665 Days on Market

Highlights

  • 40 Acre Lot
  • Wooded Lot
  • Shed

About This Lot

As of February 2020

This is a great 40 acre parcel with cabin in Schoolcraft Township, just minutes from Lake Linden. This nicely wooded acreage features a basic trail system to get around the property, a gated driveway, comfortable cabin, storage building and outhouse. This is the perfect place for your 'up north' private get-a-way! Mixed habitat with mostly upland forest, towering white pine, and some lower ground that is great for waterfowl. Property is in a very good deer area, as well as bear, grouse and much more. Property is right next to thousands of acres of CFA land, and is also near Torch Lake, Rice Lake and Lake Superior. Easy year round access, but still remote and wild. Enjoy your own 40 in the Keweenaw!

Last Agent to Sell the Property

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 03/19/2018

Last Buyer's Agent

REBECCA ZANDER

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6501412240

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $618

Lot Details

  • 40 Acre Lot
  • Wooded Lot

Outdoor Features

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$618

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Sub Structure Types: Shed
  • Total Tax Year: 2017
  • Mail City: Lake Linden
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: City/County, Gravel

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: Electric

Schools

  • School District: Lake Linden Hubbell School District

Lot Info

  • Assessor Parcel Number: TBA
  • Acreage: 40
  • Lot Description: Wooded
  • Lot Size: 1320*1320
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: Lake Linden Hubbell School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Aug 10, 2015
Sold by
Kenneth Dulong and Kenneth Susan
Bought by
Arpiainen Norman J and Arpiainen Susan J
Seller's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$40,000
Sold Price
$36,500
Premium/Discount to List
-$3,500
-8.75%
Current Estimated Value
$117,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,120
Avg. Annual Appreciation
12.13%
Original Mortgage
$28,800
Outstanding Balance
$22,636
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$94,984

Purchase Details

Closed on
Jan 17, 1995
Bought by
Dulong Kenneth
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
Arpiainen Norman J $36,500 Copper Range Abs & Title
Dulong Kenneth $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arpiainen Norman J $28,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2020 02/05/20 Sold $40,000 -19.2% --
01/13/2020 01/13/20 Pending -- -- --
03/19/2018 03/19/18 For Sale $49,500 +35.6% --
08/10/2015 08/10/15 Sold $36,500 -8.8% -- View Prior Sale
06/26/2015 06/26/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $40,000 -- --
Source: Upper Peninsula Association 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 $618 $34,000 $0 $0
2024 $572 $27,000 $0 $0
2023 $479 $23,000 $0 $0
2022 $457 $23,000 $0 $0
2021 $538 $23,000 $0 $0
2020 $471 $24,000 $0 $0
2019 $470 $24,000 $0 $0
2018 $459 $22,000 $0 $0
2017 $441 $10,516 $0 $0
2016 -- $9,314 $0 $0
2015 -- $8,814 $0 $0
2014 -- $8,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10060820

Upper Peninsula Association of REALTORS®

APN: 012-052-011-00