NOT LISTED FOR SALE

7495 N Us Highway 31 Levering, MI 49755

Estimated Value: $522,000 - $715,000

3 Beds
3 Baths
3,076 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $500,000 $163 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,707/month

23 Days on Market

Highlights

  • Waterfront
  • 98.96 Acre Lot
  • Cathedral Ceiling
  • Pellston Elementary School Rated 9+
  • Deck
  • Pole Barn

About This Home

As of October 2022

AMAZING 100 acre parcel in northern Michigan. This property has it all!!! 3 bedroom, 3 bath home tucked back in the woods creating your own piece of heaven. Property features ownership of 3/4 of Galloway Lake. Clear lake - excellent for bird hunting. Mature maples throughout the property, apple orchard, wildlife all around you, deer, bear, fox, bobcat... Home features a full finished walkout basement with bar. Open kitchen, living and dining area great for entertaining. 2.5 car attached garage and a 30 x 48 pole barn to store all you toys. Great trex deck on the back with a screened in gazabo. Sale to include tractor/snowblower, safe, pool table, side by side UTV and more. See associated documents. New Boiler System with Glycol put in 2021, Boilers supports hot water mate (you will never run out of hot water). New roof and gutter system in 2016, wet bar, Heat and Glo fireplace, glass door and fans. This is a must see property to appreciate. Call today for your personal tour of this spectacular parcel!

Last Agent to Sell the Property

Amy McCafferty

Coldwell Banker Schmidt - Petoskey Listed on: 08/17/2022

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Annie Mooradian

Keystone Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 1997

Lot Details

  • 98.96 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,076 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 03-06-27-200-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,419

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1997
  • Lvt Date: 08/17/2022
  • Measurement Source: Assessor
  • Section: 27
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Range, Refrigerator, Whirl Pool, Wood Fireplace, Near Snowmobile Trails, Paved Road
  • Total Finished Sq Ft: 3076
  • Master Bedroom: Dimensions: 13.9 x 11.0, On Level: Main
  • Bedroom 2: Dimensions: 10.11 x 10.6, On Level: Main
  • Bedroom 3: Dimensions: 13.1 x 9.6, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: Combined, On Level: Main
  • Kitchen: Dimensions: Combined, On Level: Main
  • Family Room: On Level: Lower
  • Living Room: Dimensions: 26.11 x 22.4, On Level: Main
  • Above Grade Finished Sq Ft: 1568
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Galloway Lake
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 3/4
  • Waterfront Water Access: Water Front
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Pellston

Lot Info

  • Estimated Number of Acres: 98.96
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 03-06-27-200-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 7, 2022
Sold by
Mackay Michael D and Mackay Carol L
Bought by
Borgula Thomas and Borgula Theresa
Seller's Agent
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Annie Mooradian
Keystone Real Estate
List Price
$685,000
Sold Price
$500,000
Premium/Discount to List
-$185,000
-27.01%
Views
1
Current Estimated Value
$609,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,972
Avg. Annual Appreciation
3.77%
Source: Public Records

Range of Values:

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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
Borgula Thomas $500,000 Chicago Title Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackay Michael D $100,000
Previous Owner Mackay Michael D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $500,000 -27.0% $163 / Sq Ft
08/17/2022 08/17/22 For Sale $685,000 -- $223 / Sq Ft
Source: Northern Michigan MLS

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 $4,419 $269,500 $113,800 $155,700
2024 $4,419 $242,900 $113,800 $129,100
2023 $4,134 $200,800 $0 $200,800
2022 $4,134 $205,700 $0 $205,700
2021 $4,378 $203,300 $0 $203,300
2020 $4,415 $203,500 $0 $203,500
2019 -- $187,200 $111,000 $76,200
2018 -- $172,800 $111,000 $61,800
2017 -- $161,100 $111,000 $50,100
2016 -- $155,800 $111,000 $44,800
2015 -- $150,300 $0 $0
2014 -- $144,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy McCafferty

    Seller's Agent in 2022

    Amy McCafferty

    Coldwell Banker Schmidt - Petoskey

    (231) 838-4653

    107 Total Sales

    Section Image
  • Annie Mooradian

    Buyer's Agent in 2022

    Annie Mooradian

    Keystone Real Estate

    (231) 838-7955

    68 Total Sales

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Map

Source: Northern Michigan MLS

MLS Number: 469289

Northern Michigan MLS

APN: 03-06-27-200-003

Michigan Emmet County Levering 49755

7495 N Us Highway 31, Levering, MI

This home is located at 7495 N Us Highway 31, Levering, MI 49755 since 17 August 2022 and is currently estimated at $637,360, approximately $207 per square foot. This property was built in 1997. 7495 N Us Highway 31 is a home located in Emmet County with nearby schools including Pellston Elementary School and Pellston Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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