NOT LISTED FOR SALE

5775 River Rd Benzonia, MI 49616

Estimated Value: $53,045 - $632,000

2.78 Acres
$95,929 Price per Acre
121,097 Sq Ft Lot

Last Sold October 04, 2017

Last sale price $32,000

Est. 733% increase in value since last sale

Current estimated payment $1,516/month

121 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Wooded Lot
  • Deeded Waterfront Access Rights
  • Countryside Views
  • High Speed Internet

About This Lot

As of October 2017

Beautiful 2.78 acres surrounded by mature beautiful trees and 230 feet of the beautiful Betsie River. Grab your fishing pole and head out your own back yard. Close to Frankfort and all the surrounding lakes and beaches. Land Contract available

Last Agent to Sell the Property

Brooke Sowa

REO-TCBeulah-Frankfort-233027 License #6501381196 Listed on: 04/19/2017

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Brooke Sowa

REO-TCBeulah-Frankfort-233027 License #6501381196 Listed on: 04/19/2017

REO-TCBeulah-Frankfort-233027

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $789

Lot Details

  • 2.78 Acre Lot
  • Private Waterfront
  • 230 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Countryside Views

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet

Property Details

Property Type

Land

Est. Annual Taxes

$789

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 33
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 11510.79
  • Range: R 15W

Exterior Features

  • Body Of Water: Betsie River
  • Exterior Features: Countryside View
  • Number Of Acres: 2.78
  • Road: Gravel
  • Water Features: Priv Frontage (Wtr Side), River, Sandy Bottom
  • Waterfront Frontage: 230

Utilities

  • Utilities Available: Electric, Cable Internet
  • Waste Available: Private Septic
  • Water Available: Private Well

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping, Wooded, Evergreens
  • Lot Dimensions: irreg
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Sep 29, 2017
Sold by
Douglas Braidwood and Douglas Patricia
Bought by
Kort Pilditch A and Pilditch Darcy L
Seller's Agent
Brooke Sowa
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Brooke Sowa
REO-TCBeulah-Frankfort-233027
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%
Total Days on Market
121
Current Estimated Value
$266,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,682
Avg. Annual Appreciation
30.66%
Original Mortgage
$25,600
Outstanding Balance
$18,213
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$247,904
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
Kort Pilditch A $32,000 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kort Pilditch A $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $32,000 -15.8% --
08/18/2017 08/18/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $38,000 -- --
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 $789 $18,000 $0 $0
2024 $170 $18,100 $0 $0
2023 $170 $18,000 $0 $0
2022 -- $17,700 $0 $0
2021 -- $17,600 $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: 1830654

Northern Great Lakes REALTORS® MLS

APN: 02-033-001-03