NOT LISTED FOR SALE

5859 N Custer Rd Monroe, MI 48162

Estimated Value: $246,000 - $727,218

8.86 Acres
$62,461 Price per Acre
385,942 Sq Ft Lot

Sale Details

Date Sold: July 27, 2018

Last sale price $107,500

Est. 415% increase in value since last sale

Current estimated payment $3,256 / mo

5 Days on Market

Highlights

  • 223 Feet of Waterfront
  • 8.86 Acre Lot
  • Wooded Lot

About This Lot

As of July 2018

This rarely available acreage on the Raisin River can be yours! Land has already been developed, has electricity, gas, asphalt driveway existing well and septic Over 8 beautiful acres to build your dream home.

Last Agent to Sell the Property

Lorrie Bailey

3DX Real Estate LLC License #6501332907 Listed on: 06/10/2018

3DX Real Estate LLC

Property Details

Property Type

  • Land

Lot Details

  • 8.86 Acre Lot
  • Lot Dimensions are 223 x 2277
  • 223 Feet of Waterfront
  • River Front
  • Wooded Lot

Community Details

  • Suprvr's Plat No 1 Raisinville Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 581346003300

Property Details

Property Type

Land

Lot Details

8.86 Acres

Listing Details

  • Property Type: Vacant Land
  • Assessment: 30
  • State Equalized Value: 193100.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: RAISIN RIVER
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Water Frontage Feet: 223.00
  • Waterfront Description: River Front

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • High Speed Internet: Yes

Lot Info

  • List Price per Acre: 14672.6862
  • Lot Features: Wooded
  • Lot Size Area: 8.86
  • Lot Dimensions: 223 x 2277
  • Parcel Number: 581346003300
  • Zoning: Residential
  • Improvements: Electric, Gas

Tax Info

  • Tax Amount Summer: 1692.0000
  • Tax Amount Winter: 1802.0000
  • Total Tax: 3494.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
Sep 10, 2018
Sold by
Michelle Ellsberry
Bought by
Riester Tim and Riester Christina
Seller's Agent
Lorrie Bailey
3DX Real Estate LLC
List Price
$13,000
Sold Price
$107,500
Premium/Discount to List
$94,500
726.92%
Current Estimated Value
$553,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,906
Avg. Annual Appreciation
23.82%

Purchase Details

Listed on
Aug 28, 2014
Closed on
Nov 17, 2014
Sold by
Ratz Matthew W and Ratz Lori A
Bought by
Ellsberry Michelle
Seller's Agent
Lori Ratz-Moore
Wiens And Roth Real Estate - Lambertville
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.46%
Original Mortgage
$351,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1995
Sold by
Vajcner Gary J
Bought by
Ratz Matthew M and Ratz Lori A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riester Tim $107,500 First American Title
Ellsberry Michelle -- First American Title
Ellsberry Michelle $370,000 Lawyers Title
Ratz Matthew M $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellsberry Michelle $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $107,500 +726.9% --
06/15/2018 06/15/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $13,000 -96.5% --
11/17/2014 11/17/14 Sold $370,000 -7.5% $137 / Sq Ft View Prior Sale
10/13/2014 10/13/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $399,900 -- $148 / Sq Ft
Source: Realcomp

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 $3,299 $357,000 $357,000 $0
2024 $3,200 $361,800 $0 $0
2023 $2,862 $283,100 $0 $0
2022 $6,000 $283,100 $0 $0
2021 $5,783 $257,400 $0 $0
2020 $5,694 $40,600 $0 $0
2019 $1,681 $40,600 $0 $0
2018 $959 $193,100 $0 $0
2017 $3,493 $193,100 $0 $0
2016 $3,454 $180,600 $0 $0
2015 $3,366 $148,320 $0 $0
2014 $3,807 $148,320 $0 $0
2013 -- $154,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218051995

Realcomp

APN: 13-460-033-00

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