NOT LISTED FOR SALE

7276 S River Rd Cheboygan, MI 49721

Estimated Value: $84,000 - $595,553

99.43 Acres
$2,935 Price per Acre
4,331,171 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $531,000

Est. 45% decrease in value since last sale

Current estimated payment $1,665/month

191 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Level Lot
  • 99.43 Acre Lot

About This Lot

As of June 2023

This may be the last large pristine piece of Black River frontage available with access to the Inland Waterway providing boating opportunities to the Cheboygan River, Mullett Lake, Burt Lake, and Lake Huron. A truly unique parcel which consists of 100 acres, 2615 feet of Black River frontage, and 3800 feet of frontage on Paquette Creek. The development opportunities are almost limitless when considering estate size building sites on the Black River and building sites overlooking Paquette Creek. Also included is an existing cabin on the river with newer roof, vinyl siding and well and septic. Preliminary drawings are available showing two potential development scenarios.

Last Agent to Sell the Property

Missy Koszegi

COLDWELL BANKER SCHMIDT CHEBOYGAN License #6506045140 Listed on: 03/06/2023

COLDWELL BANKER SCHMIDT CHEBOYGAN

Last Buyer's Agent

Denise Tryban

Berkshire Hathaway HomeServices-Cheboygan License #6506043616

Berkshire Hathaway HomeServices-Cheboygan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,349

Lot Details

  • 99.43 Acre Lot
  • Waterfront
  • Inland Waterway
  • Level Lot

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • No Septic System

Community Details

  • No Home Owners Association
  • T37n, R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 104-027-400-003-00/004-00/104-026-300-015-00
  • Tax Block 27

Property Details

Property Type

Land

Est. Annual Taxes

$1,349

Lot Details

0

Listing Details

  • Directions: M-33 to Orchard Beach Road to South River Road to sign on right
  • Lot Size: 99.43 acres
  • Prop. Type: Land
  • PropertySubType: Vacant Waterfront
  • Road Frontage Type: Inland Waterway
  • ResoLotFeatures: Farm
  • Lot Size Acres: 99.43
  • Road Surface Type: Gravel, Maintained
  • Water Body Name: Black River
  • Co List Office Phone: 231-627-9959
  • MLS Status: Closed
  • Subdivision Name: T37N, R1W
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 99.43 acres
  • General Property Information:Acres: 99.43
  • Sewer No Septic: Yes
  • Electric On Site3: Yes
  • Topography Flat: Yes
  • Lot Features Farm2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Disclosures: Land Evaluation

Utilities

  • Sewer: No Septic

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Lot Size Sq Ft: 4331170.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 104-027-400-003-00/004-00/104-026-300-015-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 22, 2023
Sold by
Hearthside Office Park Llc 65
Bought by
Weldon Jeffrey J and Jo Buffy
Seller's Agent
Missy Koszegi
COLDWELL BANKER SCHMIDT CHEBOYGAN
Buyer's Agent
Denise Tryban
Berkshire Hathaway HomeServices-Cheboygan
List Price
$640,000
Sold Price
$531,000
Premium/Discount to List
-$109,000
-17.03%
Current Estimated Value
$291,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239,149
Avg. Annual Appreciation
-23.09%
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
Weldon Jeffrey J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $531,000 0.0% --
05/15/2023 05/15/23 Off Market $531,000 -- --
03/06/2023 03/06/23 For Sale $640,000 +20.5% --
02/28/2023 02/28/23 Off Market $531,000 -- --
05/27/2022 05/27/22 For Sale $640,000 -- --
Source: Water Wonderland Board 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 $1,349 $36,600 $0 $0
2024 $1,123 $34,600 $0 $0
2023 $1,518 $71,400 $0 $0
2022 $1,457 $63,487 $0 $0
2021 $1,705 $53,100 $53,100 $0
2020 $1,681 $52,200 $52,200 $0
2019 $1,640 $51,900 $51,900 $0
2018 $1,603 $52,100 $0 $0
2017 $1,533 $49,000 $0 $0
2016 $1,517 $48,100 $0 $0
2015 -- $51,000 $0 $0
2014 -- $42,000 $0 $0
2012 -- $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201818779

Water Wonderland Board of REALTORS®

APN: 104-027-400-004-00