NOT LISTED FOR SALE

5720 S Chapin Rd Merrill, MI 48637

Estimated Value: $283,000 - $638,464

18 Acres
$22,073 Price per Acre
796,277 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $47,000

Est. 758% increase in value since last sale

Current estimated payment $2,502/month

207 Days on Market

Highlights

  • 18.28 Acre Lot
  • Wooded Lot
  • Pole Barn

About This Lot

As of September 2020

Beautifully wooded 18.28 acres for hunting and/or build a home between Hemlock and Merrill. There is a manufactured home on front of property that has no value. Was a working well and septic years ago. 15 x 15 pole barn/shed on property also. Approximately 300 x 2648.

Last Listed By

Joe Karpuk

RE/MAX New Image License #SBR-6501317644 Listed on: 01/27/2020

RE/MAX New Image

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • 18.28 Acre Lot
  • Lot Dimensions are 302 x 2648
  • Rural Setting
  • Wooded Lot

Additional Features

  • Pole Barn
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 19-11-1-23-4003-001

Property Details

Property Type

Land

Year Built

2022

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Sub Structure Types: Pole Barn
  • Flood Insurance: Not Required
  • Mail City: Merrill
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Frontage: 300
  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Sewer/Septic System: Septic

Schools

  • School District: Merrill Comm School District

Lot Info

  • Assessor Parcel Number: 19-11-1-23-4003-001
  • Location: Rural
  • Acreage: 18.28
  • Lot Description: Wooded
  • Zoning: Residential
  • Lot Size: 302 x 2648
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $231.00
  • Winter Tax: Year: 2017, Amount: $1,003.00
  • Taxable Value: 21100
  • Total Tax: Year: 2018, Amount: $1,234.00
  • SEV Year: 2018

MLS Schools

  • School District: Merrill Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Sep 17, 2020
Sold by
Williamson Rose M and Williamson Terry D
Bought by
Folts Travis and Folts Christi
Seller's Agent
Joe Karpuk
RE/MAX New Image
Buyer's Agent
Joe Karpuk
RE/MAX New Image
List Price
$63,000
Sold Price
$47,000
Premium/Discount to List
-$16,000
-25.4%
Total Days on Market
207
Current Estimated Value
$403,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,488
Avg. Annual Appreciation
59.42%
Original Mortgage
$132,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1984

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
Folts Travis $47,000 Homeland Title Services Llc
-- $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folts Christi $309,689
Closed Folts Travis $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $47,000 -12.8% --
08/21/2020 08/21/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $53,900 -1.8% --
06/05/2020 06/05/20 Price Changed $54,900 -6.9% --
02/04/2020 02/04/20 Price Changed $59,000 -6.3% --
01/27/2020 01/27/20 For Sale $63,000 -- --
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 $3,047 $287,400 $0 $0
2023 $1,373 $137,600 $0 $0
2022 $1,393 $21,800 $0 $0
2021 $1,352 $21,500 $0 $0
2020 $1,309 $21,100 $0 $0
2019 $1,290 $21,100 $0 $0
2018 $231 $21,100 $0 $0
2017 $1,234 $21,100 $0 $0
2016 $1,225 $21,000 $0 $0
2014 -- $20,500 $0 $1,700
2013 -- $20,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50004353

Michigan Multiple Listing Service

APN: 19111234003001