NOT LISTED FOR SALE

7777 Bendix Rd Brighton, MI 48114

Estimated Value: $154,542 - $165,000

1.03 Acres
$155,117 Price per Acre
44,867 Sq Ft Lot

Last Sold October 09, 2024

Last sale price $150,000

Est. 7% increase in value since last sale

Current estimated payment $1,051/month

389 Days on Market

About This Lot

As of October 2024

Calling all investors, you don't want to miss this! Excellent opportunity in highly sought after Brighton! Property has been zoned medium density residential and is prepped and ready for a four or five plex housing unit to be built. $10,000 - $12,000 of site engineering has been completed and paid for. Four sewer taps are paid for. This parcel has it all: city water and sewer, natural gas and high-speed internet. Estimated rent per unit after completion is $2,800 - $3,000 per unit per month. Property borders Trinity Health Medical Center Brighton. Every unit will overlook a very well maintained pond on adjacent property and each unit could have a walkout basement. Call to schedule a walk of the parcel with current owner today!

Last Agent to Sell the Property

Wayne Tobey

Cornerstone Real Estate Co LLC License #6502418330 Listed on: 09/08/2023

Last Buyer's Agent

Lisa Tobey

Cornerstone Real Estate Co LLC License #6501411511

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 117 x 353 x 145 x 378
  • Property is zoned Multi-Family

Listing and Financial Details

  • Assessor Parcel Number 1113200012

Property Details

Property Type

Land

Est. Annual Taxes

$1,880

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 44900.0000
  • AgentOnly_ListPriceByAcre: 162038.8300
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 1.03
  • Lot Dimensions: 117 x 353 x 145 x 378
  • Parcel Number: 1113200012
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1564.0000
  • Tax Amount Winter: 316.0000
  • Total Tax: 1880.0000
  • Taxable Value: 44900.0000

MLS Schools

  • School District: Howell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 9, 2024
Sold by
Tobey Justin
Bought by
Bendix Investments Llc
Seller's Agent
Wayne Tobey
Cornerstone Real Estate Co LLC
Buyer's Agent
Lisa Tobey
Cornerstone Real Estate Co LLC
List Price
$215,000
Sold Price
$150,000
Premium/Discount to List
-$65,000
-30.23%
Views
70
Current Estimated Value
$159,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,771
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
May 3, 2022
Closed on
Sep 26, 2022
Sold by
Mjp Investing Llc
Bought by
Tobey Justin
Seller's Agent
Joe Perri
RE/MAX Platinum
Buyer's Agent
Joe Perri
RE/MAX Platinum
List Price
$300,000
Sold Price
$156,000
Premium/Discount to List
-$144,000
-48%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%

Purchase Details

Listed on
Jul 5, 2017
Closed on
Feb 14, 2019
Sold by
Is Real Property Llc
Bought by
Perri Joseph L
Seller's Agent
Scott Griffith
Griffith Realty
Buyer's Agent
Joe Perri
RE/MAX Platinum
List Price
$115,000
Sold Price
$33,600
Premium/Discount to List
-$81,400
-70.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.83%

Purchase Details

Closed on
Aug 31, 2011
Sold by
First National Bank In Howell
Bought by
Is Real Property Llc

Purchase Details

Closed on
Jan 19, 2010
Sold by
Dan Lin Investments Llc
Bought by
First National Bank In Howell

Purchase Details

Closed on
Jan 12, 2010
Sold by
Dan Lin Investments Llc
Bought by
First National Bank In Howell

Purchase Details

Closed on
Apr 8, 2003
Sold by
Andersen Stephen and Andersen Colette
Bought by
Dan Linn Investments Llc

Purchase Details

Closed on
Jun 4, 2000
Sold by
Neumann Alvin G and Neumann Kathleen E
Bought by
Michigan Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
9.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 2000
Sold by
Andersen Stephen and Andersen Colette
Bought by
Dan Lin Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
9.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 1999
Sold by
Michigan Investments
Bought by
Andersen Stephen and Andersen Colette
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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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
Bendix Investments Llc $150,000 None Listed On Document
Tobey Justin $156,000 Select Title
Perri Joseph L $336,600 --
Perri Joseph L $33,600 --
Is Real Property Llc $71,000 --
First National Bank In Howell -- --
First National Bank In Howell -- --
First National Bank In Howell -- --
First National Bank In Howell -- --
Dan Linn Investments Llc $304,500 Select Title Company
Michigan Investments $220,000 Select Title Company
Dan Lin Investment Llc $304,500 Select Title Company
Andersen Stephen $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dan Lin Investment Llc $276,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $150,000 -10.1% --
10/01/2024 10/01/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $166,900 -5.7% --
05/03/2024 05/03/24 Price Changed $176,900 -1.7% --
03/11/2024 03/11/24 Price Changed $179,900 -5.3% --
11/01/2023 11/01/23 Price Changed $189,900 -11.7% --
09/08/2023 09/08/23 For Sale $215,000 +37.8% --
09/26/2022 09/26/22 Sold $156,000 -22.0% -- View Prior Sale
09/26/2022 09/26/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $200,000 -33.3% --
05/03/2022 05/03/22 For Sale $300,000 +792.9% --
02/14/2019 02/14/19 Sold $33,600 -44.0% -- View Prior Sale
01/22/2019 01/22/19 Pending -- -- --
09/06/2018 09/06/18 Price Changed $60,000 -40.0% --
04/02/2018 04/02/18 Price Changed $100,000 -13.0% --
03/30/2018 03/30/18 For Sale $115,000 0.0% --
09/27/2017 09/27/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $115,000 -- --
Source: Realcomp

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 $2,692 $78,500 $0 $0
2024 $2,694 $78,500 $0 $0
2023 $2,698 $78,500 $0 $0
2022 $1,880 $44,900 $0 $0
2021 $1,880 $44,900 $0 $0
2020 $1,880 $44,900 $0 $0
2019 $1,776 $44,900 $0 $0
2018 $1,708 $44,900 $0 $0
2017 $1,680 $44,900 $0 $0
2016 $1,668 $44,900 $0 $0
2014 $1,641 $40,000 $0 $0
2012 $1,641 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230076056

Realcomp

APN: 11-13-200-012