NOT LISTED FOR SALE

656 W Bippley Rd Lake Odessa, MI 48849

Estimated Value: $187,000 - $660,153

95.75 Acres
$4,366 Price per Acre
4,170,870 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $485,000

Est. 14% decrease in value since last sale

Current estimated payment $2,899/month

13 Days on Market

About This Lot

As of January 2021

Beautiful 95.75 acres, 75 acres that are currently being farmed, remainder is wooded. The tillable land's lease with farmer expires November 30th. There is also a wind turbine coming to the rear left of property by 2023 that pays $10,000 per year once installed. Farmhouse on property needs lots of TLC. Nice 40x60 pole barn and some outbuildings.

Last Agent to Sell the Property

Mandy Green

Coldwell Banker Realty (Grvl) License #6501281348 Listed on: 10/24/2020

Last Buyer's Agent

Alyssa Wieland

Freshwater Properties License #6501419564

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,807

Lot Details

  • 95.75 Acre Lot
  • Lot Dimensions are 1344x2644 645x1044
  • The property's road front is unimproved

Utilities

  • Well
  • Septic Tank
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,807

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 1344x2644 645x1044
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 2807.27
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 550000.0
  • Road Surface Type: Unimproved
  • Waterfront: No

Utilities

  • Utilities: Well Attached, Septic Connected, Electric Connected, Phone Available, Electric Available

Lot Info

  • Lot Size Acres: 95.75
  • Lot Size Area: 95.75
  • Lot Dimensions: 1344x2644 645x1044
  • Lot Size Sq Ft: 4170870.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2807.27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Jan 15, 2021
Sold by
Culver Robert M Living Trust
Bought by
Possehn Eric S
Seller's Agent
Mandy Green
Coldwell Banker Realty (Grvl)
Buyer's Agent
Alyssa Wieland
Freshwater Properties
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%
Current Estimated Value
$418,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,949
Avg. Annual Appreciation
-1.97%
Original Mortgage
$242,500
Outstanding Balance
$217,914
Interest Rate
2.71%
Mortgage Type
Construction
Estimated Equity
$224,584
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
Possehn Eric S $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Possehn Eric S $242,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $485,000 -11.8% --
11/06/2020 11/06/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $550,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $7,449 $299,200 $234,500 $64,700
2024 $3,094 $299,200 $234,500 $64,700
2023 $2,952 $263,300 $212,000 $51,300
2022 $2,811 $263,300 $212,000 $51,300
2021 $2,112 $263,800 $219,500 $44,300
2020 $768 $263,800 $219,500 $44,300
2019 $715 $248,000 $207,500 $40,500
2018 $2,008 $232,100 $203,300 $28,800
2017 $721 $232,100 $203,300 $28,800
2016 $715 $188,700 $161,100 $27,600
2015 -- $188,700 $161,100 $27,600
2014 $646 $178,500 $161,100 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20044882

Southwestern Michigan Association of REALTORS®

APN: 100-013-000-030-00