NOT LISTED FOR SALE

8245 E Old M63 Luther, MI 49656

Estimated Value: $322,000 - $512,000

49.5 Acres
$8,771 Price per Acre
2,156,220 Sq Ft Lot

Last Sold July 06, 2015

Last sale price $221,500 $71 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,904/month

370 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Bedroom
  • 49.5 Acre Lot
  • Pole Barn
  • Lower Floor Utility Room

About This Lot

As of July 2015

One owner home! Remodeled in 2001, this home has room to roam with 3 large bedrooms, 1-1/2 baths, large living room, large family room with gas fireplace. Attached garage, full basement, with laundry area and storage room. Baseboard hot water heat. Large flower bed in the side yard was once an in-ground pool. Working windmill sits on the hill overlooking the property. In addition to the attached garage there is a 36x54 pole barn. Seller is also willing to sell the home on just 10 acres for $149,500, per township split approval. 60' easement on the far west property line used to access neighboring parcel on south side.

Last Agent to Sell the Property

CAROL YOUNG

COLDWELL BANKER SCHMIDT CADILLAC Listed on: 06/24/2014

Last Buyer's Agent

Mary Anne Colmus

ERA GNP License #6501352282

ERA GNP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 1966

Lot Details

  • 49.5 Acre Lot
  • Waterfront
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,141 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Baseboard Heating
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 08-028-006-00

Property Details

Property Type

Land

Est. Annual Taxes

$6,680

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Directions: 131 south to 14 Mile Rd exit (Luther/LeRoy), turn west towards Luther, property on south side of road.
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1966
  • PropertySubType: Residential Acreage
  • Lot Size Acres: 49.5
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Water Heater, Range/Oven, Refrigerator
  • Co List Office Phone: 231-775-1737
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1720.0
  • Property Information Waterfront: Yes
  • Property Information Total Bathrooms2: 2.0
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Water Heater: Propane
  • General Property Information:Acres: 49.5
  • HeatingAir Baseboard2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Other
  • Bedroom 3 Level: 1st
  • Family Room Level: 1st
  • Utility Room Level: lower
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Landscaped, Pole Building
  • Waterfront: Yes
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features Pole Building: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard
  • HeatingYN: Yes

Schools

  • Junior High Dist: Pine River

Lot Info

  • Lot Size Sq Ft: 2156220.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 08-028-006-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
Patterson Daryn C
Bought by
Wells Michael S
Current Estimated Value
$434,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$174,875
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$250,887
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
Wells Michael S $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Michael S $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $221,500 -- $71 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
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 $6,680 $197,500 $0 $0
2024 $6,680 $184,000 $0 $0
2022 $6,370 $134,200 $0 $0
2021 $6,207 $119,400 $0 $0
2020 $4,919 $100,800 $0 $0
2019 $4,636 $95,700 $0 $0
2018 $4,610 $90,400 $0 $0
2017 $4,033 $81,600 $0 $0
2016 $3,064 $91,900 $0 $0
2015 -- $83,500 $0 $0
2014 -- $84,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 21113824

Water Wonderland Board of REALTORS®

APN: 08-028-006-00