NOT LISTED FOR SALE

54387 Ridge Rd New Baltimore, MI 48047

Estimated Value: $495,000 - $783,000

5 Acres
$135,939 Price per Acre
218,236 Sq Ft Lot

Last Sold December 13, 2017

Last sale price $170,000 $193 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $4,608/month

197 Days on Market

Highlights

  • 5.01 Acre Lot
  • Wooded Lot
  • Shed

About This Lot

As of December 2017

Rare 5 acre parcel for sale in the city of New Baltimore. City Water/Sewer at road. Possible development opportunity of 12-14 lot subdivision or build your dream estate. Woods in the back of property that buts up to addition woods. Come get your country living right in the City!

Last Agent to Sell the Property

Richard Michaels

Berkshire Hathaway HomeServices Kee Realty Wash License #MISPE-6506046075 Listed on: 05/22/2017

Berkshire Hathaway HomeServices Kee Realty Wash

Last Buyer's Agent

Richard Michaels

Berkshire Hathaway HomeServices Kee Realty Wash License #MISPE-6506046075 Listed on: 05/22/2017

Berkshire Hathaway HomeServices Kee Realty Wash

Property Details

Property Type

  • Land

Est. Annual Taxes

Year Built

  • 1920

Lot Details

  • 5.01 Acre Lot
  • Lot Dimensions are 165.5 x 1320
  • Wooded Lot

Additional Features

  • Shed
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 09-12-151-003

Property Details

Property Type

Land

Est. Annual Taxes

$1,641

Year Built

1920

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Sub Structure Types: Shed
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1920

Exterior Features

  • Frontage: 165
  • Roads: City/County, Paved Street

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Gas At Street

Schools

  • School District: Anchor Bay School District

Lot Info

  • Assessor Parcel Number: 09-12-151-003
  • Acreage: 5.01
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Wooded
  • Zoning: Residential
  • Lot Size: 165.5 x 1320
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,185.00
  • Winter Tax: Year: 2015, Amount: $453.00
  • Taxable Value: 25964
  • Total Tax: Year: 2015, Amount: $1,641.00
  • SEV Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Stubbs Michael
Bought by
Stubbs Michael A and Stubbs Elizabeth E
Total Days on Market
197
Current Estimated Value
$681,055

Purchase Details

Listed on
May 22, 2017
Closed on
Dec 12, 2017
Sold by
Kathan Properties Llc
Bought by
Stubbs Michael
Seller's Agent
Richard Michaels
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Richard Michaels
Berkshire Hathaway HomeServices Kee Realty Wash
List Price
$220,000
Sold Price
$170,000
Premium/Discount to List
-$50,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Kathan David and Kathan Machell
Bought by
Kathan Properties Llc

Purchase Details

Closed on
Oct 21, 1996
Sold by
Davis L and Davis S
Bought by
Kathan D and Kathan M
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
Stubbs Michael A -- None Available
Stubbs Michael $170,000 Premier Title Agency Llc
Kathan Properties Llc -- --
Kathan D $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2017 12/13/17 Sold $170,000 -22.7% $193 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $220,000 -- $249 / Sq Ft
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
2024 $9,415 $343,300 $0 $0
2023 $8,993 $323,200 $0 $0
2022 $10,258 $299,500 $0 $0
2021 $9,876 $286,200 $0 $0
2020 $7,846 $259,600 $0 $0
2019 $2,961 $82,300 $0 $0
2018 $2,569 $47,800 $0 $0
2017 $1,652 $47,800 $47,300 $500
2016 $1,639 $47,800 $0 $0
2015 -- $41,500 $0 $0
2014 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Michaels

    Seller's Agent in 2017

    Richard Michaels

    Berkshire Hathaway HomeServices Kee Realty Wash

    (586) 339-7344

    2 in this area

    48 Total Sales

    Richard Michaels
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31320492

Michigan Multiple Listing Service

APN: 06-09-12-151-003

Michigan Macomb County New Baltimore 48047

54387 Ridge Rd, New Baltimore, MI

This home is located at 54387 Ridge Rd, New Baltimore, MI 48047 since 22 May 2017 and is currently estimated at $681,055, approximately $771 per square foot. This property was built in 1920. 54387 Ridge Rd is a home located in Macomb County with nearby schools including Ashley Elementary School, Anchor Bay Middle School North, and Anchor Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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