NOT LISTED FOR SALE

586 Lake Shore Blvd Cheboygan, MI 49721

Estimated Value: $257,000 - $779,000

-- Bed
-- Bath
-- Sq Ft
2.86 Acres

Last Sold May 29, 2015

Last sale price $155,000

Est. 216% increase in value since last sale

Current estimated payment $2,932/month

About This Home

As of May 2015

Unique opportunity to build your dream northern Michigan home on the shores of Lake Huron at Stony Point, just minutes from downtown Cheboygan. Large wooded property of 2.86 acres (5 lots) with expansive views of the Mackinac Bridge, Bois Blanc Island and the Cheboygan lighthouse. Building site provides for water views on three sides. Total water front footage is 800 feet since the property is located on the point.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 27, 2015
Sold by
Panella Anne Marie and Panella Joseph A
Bought by
Litzner Giles P and Litzner Lana
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Chris Etienne
Harbor Sothebys International Realty
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%
Current Estimated Value
$490,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,329
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Rule Mark
Bought by
Panella Joseph and Anne Marie

Purchase Details

Closed on
Oct 6, 1998
Sold by
Marson Albert
Bought by
Rule Mark and Rule Deborah
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
Litzner Giles P -- Devon Title Agency
Panella Joseph $127,000 --
Rule Mark $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2015 05/29/15 Sold $155,000 -22.1% -- View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $199,000 -- --

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 $3,980 $238,600 $0 $0
2024 $2,366 $239,000 $0 $0
2023 $2,267 $233,000 $0 $0
2022 $2,197 $188,300 $0 $0
2021 $3,518 $153,000 $153,000 $0
2020 $3,466 $144,100 $144,100 $0
2019 $3,086 $140,800 $140,800 $0
2018 $3,588 $160,000 $0 $0
2017 $2,781 $131,500 $0 $0
2016 $2,293 $58,100 $0 $0
2015 -- $52,500 $0 $0
2014 -- $60,000 $0 $0
2012 -- $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Etienne

    Seller's Agent in 2015

    Chris Etienne

    Harbor Sothebys International Realty

    (231) 439-2031

    135 Total Sales

    Chris Etienne
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Map

Michigan Cheboygan County Cheboygan 49721

586 Lake Shore Blvd, Cheboygan, MI

This home is located at 586 Lake Shore Blvd, Cheboygan, MI 49721 and is currently estimated at $490,329. 586 Lake Shore Blvd is a home located in Cheboygan County with nearby schools including East Elementary School, Cheboygan Intermediate School, and Cheboygan Area High School.

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