NOT LISTED FOR SALE

7870 Hem St Littlefield Township, MI 49706

Estimated Value: $317,809 - $327,000

50 Acres
$6,448 Price per Acre
2,178,000 Sq Ft Lot

Last Sold November 19, 2020

Last sale price $225,000

Est. 43% increase in value since last sale

Current estimated payment $1,739/month

Highlights

  • 50 Acre Lot
  • Landscaped with Trees
  • Level Lot

About This Lot

As of November 2020

Great opportunity to purchase remaining 32 lots out of a 44 lot development. Seller is not interest in selling lots individually. This is a very good opportunity to build spec homes in a market that is in great need of medium and lower end housing.

Last Agent to Sell the Property

Bill Tribble

Coldwell Banker Schmidt - Petoskey Listed on: 09/09/2020

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Susan Finley

Lake Homes Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $273

Lot Details

  • 50 Acre Lot
  • Level Lot
  • Open Lot
  • Landscaped with Trees
  • Property is zoned R-1 & FF-1

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Property has a Home Owners Association
  • Meadowlands Association

Listing and Financial Details

  • Assessor Parcel Number See Agent Remarks

Property Details

Property Type

Land

Est. Annual Taxes

$273

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 09/14/2020
  • Section: 11
  • Survey: Y
  • Hd Approved: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Hard Wood, Mixed Trees

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Meadowlands
  • Association: Yes

Schools

  • School District: Littlefield

Lot Info

  • Estimated Number of Acres: 50
  • Zoning: R-1 & FF-1
  • Property Description: Property includes 32 lots. Roads are in as well as utilities.
  • Deed Restrictions: Those of Record
  • Number Of Acres: 20.01 - 50
  • Terrain: Flat, Gently Rolling, Open

Tax Info

  • Assessor Parcel Number: See Agent Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Nov 19, 2020
Sold by
Legrand Robert E
Bought by
Northwest Michigan Habitat For Humanity
Seller's Agent
Bill Tribble
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Susan Finley
Lake Homes Realty, LLC
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$322,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,405
Avg. Annual Appreciation
7.65%
Source: Public Records

Range of Values:

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Average Value
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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
Northwest Michigan Habitat For Humanity -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $225,000 -10.0% --
09/09/2020 09/09/20 For Sale $250,000 -- --
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 $273 $0 $0 $0
2024 $273 $0 $0 $0
2023 $273 $0 $0 $0
2022 $273 $0 $0 $0
2021 $273 $0 $0 $0
2020 $273 $6,500 $6,500 $0
2019 -- $6,500 $6,500 $0
2018 -- $6,500 $6,500 $0
2017 -- $6,500 $6,500 $0
2016 -- $6,500 $6,500 $0
2015 -- $6,500 $0 $0
2014 -- $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463257

Northern Michigan MLS

APN: 07-17-11-300-034