NOT LISTED FOR SALE

54 S Gerber Rd Mio, MI 48647

Estimated Value: $159,000 - $232,000

5.5 Acres
$37,242 Price per Acre
239,580 Sq Ft Lot

Sale Details

Date Sold: October 2, 2020

Last sale price $45,000 $30 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,253 / mo

7 Days on Market

Highlights

  • Waterfront
  • Sun or Florida Room
  • 2.5 Car Detached Garage
  • Ranch Style House
  • Mud Room
  • Living Room

About This Lot

As of October 2020

This home on acreage, includes a pond, large garage and another outbuilding. There is also a large sun room, which is not included in homes square footage. This presents the opportunity to update to your desires. Buyer is responsible for all closing costs, including title work. Home is being sold AS IS. and was built prior to 1978. Thus, lead based paint may exist. The buyer is responsible for title insurance and closing costs. The property may qualify for Seller Financing (Vendee). Buyer or buyers agent to verify all measurement and subject information.

Last Agent to Sell the Property

Paul Madison

DETRICH REAL ESTATE, LLC License #6502432693 Listed on: 08/27/2020

Last Buyer's Agent

Paul Madison

DETRICH REAL ESTATE, LLC License #6502432693 Listed on: 08/27/2020

Property Details

Property Type

  • Land

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2.5 Car Detached Garage
  • Driveway

Outdoor Features

  • Shed

Lot Details

  • Lot Dimensions are 305 x 792
  • Waterfront
  • Dirt Road

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Property Details

Property Type

Land

Listing Details

  • Above Grade Finished Sq Ft: 1500.00
  • Home Age: 31+ Years Approx
  • Directions: North of Mio on M-33/72 to Cherry Creek Road, proceed West about 1 mile to Gerber Road on your left, subject is first home on your right.
  • Garage Yn: Yes
  • Lot Size: 305 x 792
  • Open House Office I D: 20050121235009003547000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 2
  • Special Features: 1028
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: Yes
  • Interior Amenities: Fireplace W / Insert
  • Other Rooms: Mud Room, Sun Room
  • Total Bathrooms: 2.00
  • Basement Type: Residential Acreage

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Exterior Features: Fixer-Upper, Paved Driveways, Shed
  • Foundation: Crawl
  • Road: Dirt, Maintained, Private
  • Waterfront: Yes

Garage/Parking

  • Garage Stall: 2.5
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Baseboard, Hot Water, Natural Gas
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Mio/Ausable
  • Elem School Dist Number: 54

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 30, 2020
Sold by
Bought by
Seller's Agent
Paul Madison
DETRICH REAL ESTATE, LLC
Buyer's Agent
Paul Madison
DETRICH REAL ESTATE, LLC
Sold Price
$45,000
Current Estimated Value
$204,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,830
Avg. Annual Appreciation
30.34%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.65%
Mortgage Type
VA
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$45,000 Oscoda Cnty Abs Inc
$62,000 Bell Title Agcy
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $62,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $45,000 -- $30 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,748 $104,700 $0 $0
2023 $963 $84,100 $0 $0
2022 $953 $67,300 $0 $0
2021 $1,550 $63,200 $0 $0
2020 $2,430 $62,000 $0 $0
2019 $2,326 $60,800 $0 $0
2018 $1,877 $54,500 $0 $0
2017 $0 $54,000 $0 $0
2016 $0 $57,100 $0 $0
2014 $1,014 $53,800 $0 $0
2011 -- $44,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paul Madison

    DETRICH REAL ESTATE, LLC

    (989) 370-9060

    61 Total Sales

    Paul Madison
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 325689

Water Wonderland Board of REALTORS®

APN: 00130112600

Michigan Oscoda County Mio 48647

54 S Gerber Rd, Mio, MI

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