NOT LISTED FOR SALE

5484 River Rd Benzonia, MI 49616

Estimated Value: $117,000 - $203,000

5 Acres
$31,405 Price per Acre
217,800 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $130,000

Est. 21% increase in value since last sale

Current estimated payment $908/month

39 Days on Market

About This Lot

As of July 2024

Conveniently nestled just 5 minutes from Beulah and a short 10-minute drive to Frankfort, this charming property boasts an incredible location within walking distance of the serene Betsie River and renowned Gwen Frostic's. Encompassing 5 picturesque wooded acres, the land comes fully equipped with propane, electrical, a well, and septic already in place, offering a seamless transition for your dream home. While there once was a mobile home one the premises, the foundation remains intact, presenting an ideal opportunity to either introduce another mobile dwelling or embark on a new construction project. Positioned as an excellent gateway to enjoy the beauty and adventures of northern Michigan, this property invites you to envision your ideal lifestyle amidst its natural splendor.

Last Agent to Sell the Property

Jonathan Crane

Berkshire Hathaway Homeservices - TC License #6504431857 Listed on: 05/24/2024

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Jonathan Crane

Berkshire Hathaway Homeservices - TC License #6504431857 Listed on: 05/24/2024

Berkshire Hathaway Homeservices - TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $453

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$453

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 26000
  • Range: R 15W

Exterior Features

  • Number Of Acres: 5
  • Road: Blacktop

Utilities

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

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Land Features: Level, Wooded
  • Lot Dimensions: 330x660
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 12, 2024
Sold by
Hauman Scott and Hauman Gail
Bought by
Balis Jim
Seller's Agent
Jonathan Crane
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Jonathan Crane
Berkshire Hathaway Homeservices - TC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
24
Current Estimated Value
$157,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,026
Avg. Annual Appreciation
19.91%

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 6, 2023
Sold by
Assenmacher Christy N
Bought by
Hauman Scott
Seller's Agent
Doug Taylor
Coldwell Banker Schmidt-Benzie
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.67%
Original Mortgage
$68,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2007
Bought by
Assenmacher Christy Newell
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
Balis Jim $130,000 Title Resource Agcy
Hauman Scott $85,000 Title Resource Agcy
Assenmacher Christy Newell $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hauman Scott $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $130,000 -13.3% --
07/02/2024 07/02/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $149,900 +76.4% --
07/06/2023 07/06/23 Sold $85,000 -10.5% $66 / Sq Ft
04/28/2023 04/28/23 For Sale $95,000 -- $74 / Sq Ft
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
2024 $453 $48,200 $0 $0
2023 $297 $46,100 $0 $0
2022 -- $36,400 $0 $0
2021 -- $33,100 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1922741

Northern Great Lakes REALTORS® MLS

APN: 02-028-011-10