$59,900
SOLD JUN 30, 2025

5727 Shady Ln Readmond Township, MI 49740

2.3 Acres
$26,043 Price per Acre
100,188 Sq Ft Lot

Recently Sold

14% Below List Price

52 Days on Market

About This Lot

As of June 2025

UP NORTH GETAWAY! Head north and enjoy the peace and quiet of this 2.3+ acre parcel set in a rural country setting. Minutes from Cross Village and Harbor Springs, this wooded property is perfect to spend all 4 seasons. Includes a new shed that is insulated and partially finished inside, a covered pole building structure that can be easily enclosed to make a 30x40 pole barn. There is plenty of extra space to spread out with your friends and family. There is electricity on site and highspeed internet, it just needs a well and a septic. There is a composting toilet included as well. Looking to build a home? This property is perfect! This great location won't last long! Call today for more information. 5th Wheel camper no longer on the property.

Last Agent to Sell the Property

Craig Wilson

Coldwell Banker Fairbairn Realty Listed on: 05/09/2025

Coldwell Banker Fairbairn Realty

Last Buyer's Agent

Hans Palma

Graham Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $736

Lot Details

  • 2.3 Acre Lot
  • Level Lot
  • Property is zoned FF-2

Outdoor Features

  • Pole Barn

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 12-08-22-100-027

Property Details

Property Type

Land

Est. Annual Taxes

$736

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 05/09/2025
  • Section: 22
  • Second Address Number: 5727
  • Directions: North on State Rd out of Harbor Springs approx 12.5 miles. Just past the curve to Wormwood Lane. Shady Lane is on the Right. Go down Shady lane past curve. Listing on the Right.
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Harbor Springs
  • School District: Harbor Springs

Lot Info

  • Estimated Number of Acres: 2.3
  • Zoning: FF-2
  • Number Of Acres: 2.01 - 4
  • Percent Wooded: 100
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 12-08-22-100-027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 30, 2025
Sold by
Gunderson Russell Oscar and Wright-Gunderson Cara Ann
Bought by
Montez Wayne and Hoban-Montez Lynne
Seller's Agent
Craig Wilson
Coldwell Banker Fairbairn Realty
Buyer's Agent
Hans Palma
Graham Real Estate
List Price
$69,900
Sold Price
$59,900
Premium/Discount to List
-$10,000
-14.31%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
314.11%
Original Mortgage
$32,500
Outstanding Balance
$32,422
Interest Rate
10%
Estimated Equity
$36,624

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 27, 2025
Sold by
Gunderson Russell Oscar
Bought by
Montez Wayne and Hoban-Montez Lynne
Seller's Agent
Craig Wilson
Coldwell Banker Fairbairn Realty
Buyer's Agent
Hans Palma
Graham Real Estate
List Price
$69,900
Sold Price
$59,900
Premium/Discount to List
-$10,000
-14.31%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Outstanding Balance
$32,422
Interest Rate
10%
Estimated Equity
$36,624

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 12, 2022
Sold by
Lang Harmony D
Bought by
Gunderson Russell Oscar and Wright-Gunderso Cara Ann
Seller's Agent
Erin DeFrain
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Charity Fuhrman
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$22,000
Sold Price
$19,000
Premium/Discount to List
-$3,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.22%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Roush Cori M and Roush Cori M
Bought by
Lang Harmony D

Purchase Details

Closed on
Nov 18, 2010
Sold by
Lang Linda Day
Bought by
Lang William G

Purchase Details

Closed on
Nov 16, 2010
Sold by
Lang Linda Day
Bought by
Lang Cori M

Purchase Details

Closed on
Jul 16, 2003
Sold by
Czarski Eugene and Czarski Rhonda
Bought by
Lang Linda D
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 Type Sale Price Title Company
Warranty Deed $59,900 Talon Title Agency
Warranty Deed $59,900 --
Warranty Deed $19,000 --
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $5,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $32,500 New Conventional
Closed $32,500 No Value Available
Closed $32,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $59,900 -14.3% --
05/09/2025 05/09/25 For Sale $69,900 +267.9% --
01/12/2022 01/12/22 Sold $19,000 -13.6% --
12/16/2021 12/16/21 For Sale $22,000 -- --
Source: Northern Michigan 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 $736 $23,900 $23,900 $0
2024 $736 $21,400 $21,400 $0
2023 $206 $9,600 $9,600 $0
2022 $206 $9,600 $9,600 $0
2021 $198 $9,600 $9,600 $0
2020 $199 $8,000 $8,000 $0
2019 -- $4,800 $4,800 $0
2018 -- $5,300 $5,300 $0
2017 -- $5,300 $5,300 $0
2016 -- $5,300 $5,300 $0
2015 -- $5,600 $0 $0
2014 -- $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 476372

Northern Michigan MLS

APN: 12-08-22-100-027