NOT LISTED FOR SALE

6387 Ostrum Rd Belding, MI 48809

Estimated Value: $254,000 - $533,000

10.04 Acres
$36,554 Price per Acre
437,342 Sq Ft Lot

Last Sold May 15, 2017

Last sale price $40,000

Est. 818% increase in value since last sale

Current estimated payment $2,263/month

143 Days on Market

Highlights

  • 10.04 Acre Lot
  • Wooded Lot
  • Level Lot
  • Wetlands on Lot

About This Lot

As of May 2017

Beautiful site for your New Home! This 10 acre parcel is located slightly SE of Belding in an area of beautiful farm lands and nice homes and is approximately 1.2 miles off a paved surface road. An estimated 3 acres is woods and some low land area and the remainder is cleared and currently tilled. Property corners are iron marked. Feel free to walk the property but please stay inside the marked land area. Owner is a quality home builder and a ''build to suit'' option is available! Land contract terms are NOT available on this property.

Last Agent to Sell the Property

Spencer Geisen

RE/MAX Brokers Plus - I Listed on: 11/12/2016

Last Buyer's Agent

Spencer Geisen

Five Star Real Estate (E. Division) License #6502361689

Five Star Real Estate (E. Division)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $577

Lot Details

  • 10.04 Acre Lot
  • Lot Dimensions are 332x1317
  • The property's road front is unimproved
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AC, AC

Additional Features

  • Wetlands on Lot
  • Mineral Rights
  • Tillable Land

Property Details

Property Type

Land

Est. Annual Taxes

$577

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 332x1317
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 577.0
  • Tax Info:Zoning3: AC
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Cleared: Yes
  • Mineral Rights:Yes: Yes
  • Lot Description:Tillable: Yes
  • Lot Description:Wetland Area: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 42500.0
  • Lot Features: Buildable, Cleared, Tillable, Wetland Area, Wooded
  • Road Surface Type: Unimproved
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 10.04
  • Lot Size Area: 10.04
  • Lot Size Sq Ft: 437342.0
  • Zoning Description: AC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 577.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2016
Closed on
May 15, 2017
Sold by
Scheid Properties Llc
Bought by
Thelen Julie B-Jeffrey M
Seller's Agent
Spencer Geisen
RE/MAX Brokers Plus - I
Buyer's Agent
Spencer Geisen
Five Star Real Estate (E. Division)
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%
Current Estimated Value
$367,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,000
Avg. Annual Appreciation
29.13%

Purchase Details

Closed on
Dec 13, 2002
Bought by
Scheid Properties Llc
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
Thelen Julie B-Jeffrey M $40,000 --
Scheid Properties Llc $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thelen Julie B-Jeffrey M $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $40,000 -5.9% --
04/04/2017 04/04/17 Pending -- -- --
11/12/2016 11/12/16 For Sale $42,500 -- --
Source: MichRIC

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 $4,128 $177,900 $40,100 $137,800
2024 $14 $177,900 $40,100 $137,800
2023 $1,373 $131,300 $19,700 $111,600
2022 $1,307 $131,300 $19,700 $111,600
2021 $3,649 $125,300 $19,700 $105,600
2020 $1,255 $125,300 $19,700 $105,600
2019 $132 $116,700 $15,800 $100,900
2018 $662 $13,500 $13,500 $0
2017 $133 $13,500 $13,500 $0
2016 $132 $12,300 $12,300 $0
2015 -- $12,300 $12,300 $0
2014 -- $13,900 $13,900 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Spencer Geisen

    RE/MAX Brokers Plus - I

See All Agents

Map

Source: MichRIC

MLS Number: 16056741

MichRIC

APN: 130-024-000-020-00

Michigan Ionia County Belding 48809

6387 Ostrum Rd, Belding, MI

Not Listed for Sale

Lots

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