NOT LISTED FOR SALE

5881 Borden Rd Fenwick, MI 48834

Estimated Value: $291,000 - $407,811

25.5 Acres
$13,773 Price per Acre
1,110,780 Sq Ft Lot

Last Sold December 27, 2018

Last sale price $70,000 $50 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $2,377/month

14 Days on Market

About This Lot

As of December 2018

Excellent opportunity for someone wanting 25 wooded acres. Located on a paved road. Property is about 10 miles from Ionia, 15 miles to Greenville, Belding or Portland. Lot of potential. There is a home on the property that is not livable. Home would have to be torn down.

Last Agent to Sell the Property

Patrick Peterson

Coldwell Banker Schmidt Realtors Listed on: 10/27/2018

Last Buyer's Agent

Deborah Cooper

COLDWELL BANKER FREWEN

COLDWELL BANKER FREWEN

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,404

Lot Details

  • 25.5 Acre Lot
  • Wooded Lot

Utilities

  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,404

Lot Details

25.5 Acres

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • General Property Info:Lot Dimensions: Irr
  • General Property Info:Waterfront3: No
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street Electricity Available: Yes
  • Remarks Misc: Public Remarks: Excellent opportunity for someone wanting 25 wooded acres. Located on a paved road. Property is about 10 miles from Ionia, 15 miles to Greenville, Belding or Portland. Lot of potential. There is a home on the property that is not livable. Home would have to be torn down.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 84900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Phone Available, Electricity Connected

Lot Info

  • Lot Size Acres: 25.5
  • Lot Size Area: 25.5
  • Lot Dimensions: Irr
  • Lot Size Sq Ft: 1110780.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 1404.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Dec 21, 2018
Sold by
Brantley Sharon
Bought by
Pleyte Josh
Seller's Agent
Patrick Peterson
Coldwell Banker Schmidt Realtors
Buyer's Agent
Deborah Cooper
COLDWELL BANKER FREWEN
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%
Current Estimated Value
$351,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,203
Avg. Annual Appreciation
25.23%
Original Mortgage
$50,400
Outstanding Balance
$43,866
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,337
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pleyte Josh $70,000 Sun Title Agency Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pleyte Josh $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $70,000 -17.6% $50 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $84,900 -- $61 / Sq Ft
Source: MichRIC

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 $6,818 $177,700 $56,900 $120,800
2024 $18 $177,700 $56,900 $120,800
2023 $1,090 $53,700 $51,200 $2,500
2022 $573 $53,700 $51,200 $2,500
2021 $3,512 $86,400 $45,700 $40,700
2020 $910 $86,400 $45,700 $40,700
2019 $531 $83,200 $44,900 $38,300
2018 $2,047 $78,400 $38,700 $39,700
2017 $535 $78,400 $38,700 $39,700
2016 $531 $71,900 $34,900 $37,000
2015 -- $71,900 $34,900 $37,000
2014 $480 $67,200 $34,900 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18052646

MichRIC

APN: 150-012-000-045-00

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