NOT LISTED FOR SALE

7149 W Michigan Ave Parma, MI 49269

Estimated Value: $896,248

128 Acres
$7,002 Price per Acre
5,575,680 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $509,000

Est. 76% increase in value since last sale

Current estimated payment $5,546/month

1 Day on Market

Highlights

  • Barn
  • 128 Acre Lot
  • Wooded Lot

About This Lot

As of March 2018

Land for sale in Michigan, Farm Land for sale in Michigan, Farm Land for sale in Jackson County Michigan 128 acres
Approximately 110+/- acres tillable productive farm ground located between Jackson and Parma. More of the land could be cleared to create even more tillable. There is an old farm house and a few outbuildings that haven't been used in many years but were obviously part of a working farm at one time, along with a silo. Possible to rehab a couple of them and put them into use.

Last Agent to Sell the Property

Jerry Slade

Michigan Whitetail Properties License #6502378789 Listed on: 03/14/2018

Last Buyer's Agent

Jerry Slade

Michigan Whitetail Properties License #6502378789 Listed on: 03/14/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,328

Lot Details

  • 128 Acre Lot
  • Wooded Lot
  • Finished Lot(s)

Farming

  • Barn
  • Tillable Land

Property Details

Property Type

Land

Est. Annual Taxes

$4,328

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 4328.0
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Tillable: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 499000.0
  • Lot Features: Buildable, Tillable, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Lot Size Acres: 128.0
  • Lot Size Area: 128.0
  • Lot Size Sq Ft: 5575680.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4328.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Mar 23, 2018
Sold by
Sandstone M H C Llc
Bought by
J W B Properties L L C
Seller's Agent
Jerry Slade
Michigan Whitetail Properties
Buyer's Agent
Jerry Slade
Michigan Whitetail Properties
List Price
$499,000
Sold Price
$509,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$896,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,248
Avg. Annual Appreciation
4.86%
Original Mortgage
$450,000
Outstanding Balance
$388,295
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$335,415
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
J W B Properties L L C $509,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J W B Properties Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $509,000 +2.0% --
03/15/2018 03/15/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $499,000 -- --
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 $7,939 $268,500 $0 $0
2024 $5,456 $261,100 $0 $0
2023 $5,197 $333,400 $0 $0
2022 $7,200 $287,800 $0 $0
2021 $7,075 $280,300 $0 $0
2020 $6,991 $267,400 $0 $0
2019 $6,801 $275,100 $0 $0
2018 $6,645 $233,700 $0 $0
2017 $7,120 $243,900 $0 $0
2016 $6,804 $243,856 $181,464 $62,392
2015 $6,804 $243,321 $243,321 $0
2014 $6,804 $269,723 $269,723 $0
2013 -- $269,723 $269,723 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18009439

Southwestern Michigan Association of REALTORS®

APN: 000-07-34-376-001-02