NOT LISTED FOR SALE

5470 W Beeman Rd Empire, MI 49630

Estimated Value: $320,000 - $400,000

20.3 Acres
$17,527 Price per Acre
884,268 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $165,000

Est. 116% increase in value since last sale

Current estimated payment $2,093/month

385 Days on Market

Highlights

  • 20.3 Acre Lot
  • Wooded Lot
  • Level Lot
  • Countryside Views
  • Pole Barn

About This Lot

As of September 2019

Come and see for yourself the beauty in this 20 acre parcel located in southeast Empire Township. It's long and level, 334'x2650, with a nice mix of hardwoods, some pines, and a couple of open areas to contemplate building the perfect up north get away. Nice location on quiet Beeman Road, just 5 miles to Empire Village and Lake Michigan, and less than 20 miles to Traverse City using M-72 if you have a need to commute. Great for the family that's looking to enjoy all the recreational possibilities that Leelanau County has to offer. 24'X48' pole barn with steel roof and siding, concrete floor, and power, use to store the summer toys/boats, two 9' high and 10' wide doors. Existing well and septic system in place, condition unknown but was working, has serviced a mobile home that is still on the property, and is of insignificant value but could be of some use to camp out or stay in while building (but will need some updating), if so desired.

Last Agent to Sell the Property

Rob Serbin

Serbin Real Estate License #6502352434 Listed on: 08/30/2018

Last Buyer's Agent

Rob Serbin

Serbin Real Estate License #6502352434 Listed on: 08/30/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,900

Lot Details

  • 20.3 Acre Lot
  • Lot Dimensions are 334x2650
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank
  • Phone Available

Additional Features

  • Countryside Views
  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,900

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 26
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 8128.08
  • Range: R 14W

Exterior Features

  • Exterior Features: Countryside View, Pole Building
  • Number Of Acres: 20.3
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric, Telephone
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Land Features: Level, Hardwoods, Wooded, Evergreens
  • Lot Dimensions: 334x2650
  • Mineral Rights: Unknown
  • Percent Wooded: 90
  • Zoning Use Restrictions: Agricultural, Metes And Bounds, Splits Available
  • Percent Open: 10

Tax Info

  • Taxable Value: 33179

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 17, 2019
Sold by
Scheffel Bernd W
Bought by
Lackey Thomas W and Lackey Jeannette M
Seller's Agent
Rob Serbin
Serbin Real Estate
Buyer's Agent
Rob Serbin
Serbin Real Estate
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$355,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,791
Avg. Annual Appreciation
13.08%

Purchase Details

Closed on
Oct 26, 1992
Sold by
Manning
Bought by
Scheffel Bernd W and Scheffel Martha J
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
Lackey Thomas W $165,000 --
Scheffel Bernd W $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $165,000 -12.7% --
08/30/2018 08/30/18 For Sale $189,000 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $1,900 $109,600 $0 $0
2024 $1,327 $99,900 $0 $0
2023 $909 $86,400 $0 $0
2022 $1,783 $84,500 $0 $0
2021 $2,988 $83,800 $0 $0
2020 $2,988 $83,600 $0 $0
2019 $323 $94,300 $0 $0
2018 -- $90,000 $0 $0
2017 -- $90,100 $0 $0
2016 -- $89,200 $0 $0
2015 -- $80,400 $0 $0
2014 -- $82,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1852216

Northern Great Lakes REALTORS® MLS

APN: 005-026-012-20