NOT LISTED FOR SALE

5945 Faragher Rd Ovid, MI 48866

Estimated Value: $284,000 - $528,236

26.8 Acres
$15,898 Price per Acre
1,167,408 Sq Ft Lot

Last Sold May 17, 2016

Last sale price $118,000

Est. 261% increase in value since last sale

Current estimated payment $2,513/month

53 Days on Market

Highlights

  • River Front
  • 26.8 Acre Lot
  • Lot Has A Rolling Slope
  • Ovid-Elsie High School Rated 10
  • Wooded Lot

About This Lot

As of May 2016

26 ACRES ON THE MAPLE RIVER!!river runs on the north boundry. LOADED WITH WILD LIFE. APPX 11 ACRES TILLABLE.NICE BUILDING SIGHT HI AND DRY. OWNER HAS PLANS FOR A 2800 SQUARE FOOT HOME.NATURAL GAS ON FARRAGHER.PARCEL TO THE EAST PROBABLY IS NOT BUILDABLE. NOT TOO FAR FROM ST JOHNS OR LANSING. Exclude Mineral rights. No Sign.

Last Agent to Sell the Property

Gerry Miller

Real Estate One Clinton License #MISPE-6506042251 Listed on: 02/12/2016

Real Estate One Clinton

Last Buyer's Agent

Gerry Miller

Real Estate One Clinton License #MISPE-6506042251 Listed on: 02/12/2016

Real Estate One Clinton

Property Details

Property Type

  • Land

Lot Details

  • 26.8 Acre Lot
  • Lot Dimensions are 726x1205
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Agricultural

Listing and Financial Details

  • Assessor Parcel Number 191200051000400

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Special Features: 12
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 726
  • Lake Name: MAPLE
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: Gravel

Utilities

  • Water: Community
  • Sewer/Septic System: Public Sanitary

Schools

  • School District: Ovid Elsie Area Schools

Lot Info

  • Assessor Parcel Number: 191200051000400
  • Acreage: 26.8
  • Lot Description: Rolling/Hilly, Wooded
  • Zoning: Agricultural
  • Lot Size: 726x1205
  • Survey On File: Yes
  • Map Side Numeric: 8
  • Map Top Alpha: xx
  • Geo Subdivision: MI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
May 12, 2016
Sold by
Quattrin Christopher J
Bought by
Burgess Angela and Burgess Michael
Seller's Agent
Gerry Miller
Real Estate One Clinton
Buyer's Agent
Gerry Miller
Real Estate One Clinton
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Current Estimated Value
$426,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,079
Avg. Annual Appreciation
14.71%
Original Mortgage
$94,400
Interest Rate
3.57%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Velez Quattrin Olga Lucia
Bought by
Quttrin Christopher Jon

Purchase Details

Closed on
Apr 11, 2005
Sold by
Smith Roger K and Smith Iris L
Bought by
Quattrin Christopher J and Quattrin Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Burgess Angela $118,000 --
Quttrin Christopher Jon -- None Available
Quattrin Christopher J $84,900 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Michael $280,000
Closed Burgess Angela $94,400
Closed Burgess Angela --
Previous Owner Quatrin Christopher $35,000
Previous Owner Quattrin Christopher J $67,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $118,000 -9.2% --
04/05/2016 04/05/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $129,900 -- --
Source: Michigan Multiple Listing Service

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 -- $221,300 $83,500 $137,800
2024 $2,308 $235,100 $82,500 $152,600
2023 $2,186 $233,500 $0 $0
2022 $5,115 $203,100 $77,600 $125,500
2021 $4,961 $204,900 $70,100 $134,800
2020 $4,817 $201,700 $63,400 $138,300
2019 $4,595 $190,200 $64,900 $125,300
2018 $4,016 $160,900 $64,100 $96,800
2017 $2,593 $132,100 $61,800 $70,300
2016 -- $61,800 $61,800 $0
2015 -- $55,400 $0 $0
2011 -- $47,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31279479

Michigan Multiple Listing Service

APN: 120-005-100-040-00