NOT LISTED FOR SALE

7323 Abbott Rd Reading, MI 49274

Estimated Value: $262,000 - $301,000

53.96 Acres
$5,301 Price per Acre
2,350,498 Sq Ft Lot

Last Sold January 14, 2014

Last sale price $145,000

Est. 97% increase in value since last sale

Current estimated payment $1,505/month

238 Days on Market

Highlights

  • 53.96 Acre Lot
  • Wetlands on Lot
  • Wooded Lot

About This Lot

As of January 2014

Are you searching for a spot to build your American dream and bag a trophy deer? If so, we have the perfect location on Abbott Road! Build your dream home and still have lots of room to play! This surveyed property offers 35 acres of yard'' and another 18 acres for exploring. From the abundant wildlife roaming through the fields, this small farm is an ideal home site as well as a hunters paradise! Whether you opt to live on it, farm it, or hunt on it, you can't go wrong by buying this piece of the American dream.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 05/08/2013

Last Buyer's Agent

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 05/08/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $458

Lot Details

  • 53.96 Acre Lot
  • Cleared Lot
  • Wooded Lot

Outdoor Features

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$458

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 154000.0
  • Lot Features: Buildable, Cleared, Wetland Area, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}

Lot Info

  • Lot Size Acres: 53.96
  • Lot Size Area: 53.96
  • Lot Size Sq Ft: 2350498.0

Tax Info

  • Tax Annual Amount: 458.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jan 13, 2014
Sold by
Goble Frank G and Goble Rhonda
Bought by
Benjamin Nickolas R
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$162,000
Sold Price
$145,000
Premium/Discount to List
-$17,000
-10.49%
Current Estimated Value
$286,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,056
Avg. Annual Appreciation
5.82%
Original Mortgage
$108,740
Outstanding Balance
$57,279
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$228,777

Purchase Details

Closed on
Jun 20, 1994
Sold by
Driver Dean
Bought by
Goble Frank G
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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Purchase History

Date Buyer Sale Price Title Company
Benjamin Nickolas R $145,000 Midstate Title
Goble Frank G $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Nickolas R $108,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2014 01/14/14 Sold $145,000 -10.5% --
01/01/2014 01/01/14 Pending -- -- --
05/08/2013 05/08/13 For Sale $162,000 -- --
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 $285 $138,100 $0 $0
2024 $3 $114,400 $0 $0
2023 $264 $111,100 $0 $0
2022 $592 $115,000 $0 $0
2021 $576 $99,100 $0 $0
2020 $572 $102,200 $0 $0
2019 $550 $95,200 $0 $0
2018 $543 $97,300 $0 $0
2017 $531 $94,400 $0 $0
2016 $521 $81,300 $0 $0
2015 $223 $81,300 $0 $0
2013 $216 $72,070 $0 $0
2012 $211 $71,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffry Kermath

    Seller's Agent in 2014

    Jeffry Kermath

    Kermath Realty LLC

    (734) 649-4903

    618 Total Sales

    Jeffry Kermath
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Map

Source: MichRIC

MLS Number: 13025526

MichRIC

APN: 10-034-100-002-34-7-4

Michigan Hillsdale County Reading 49274

7323 Abbott Rd, Reading, MI

Not Listed for Sale

Lots

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