NOT LISTED FOR SALE

8357 S Vernon Rd Durand, MI 48429

Estimated Value: $365,000 - $451,546

47 Acres
$8,687 Price per Acre
2,047,320 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $200,000

Est. 104% increase in value since last sale

Current estimated payment $2,667/month

158 Days on Market

Highlights

  • Waterfront
  • Lot Has A Rolling Slope
  • Property is near a pond
  • 47 Acre Lot

About This Lot

As of March 2016

This 5 bedroom farm house is situated at the front of its 47 acres. It has a barn and pond. Main floor has had several updates. Homes has a brand new well. Farm land does have some tile. Call for more info and showing.

Last Agent to Sell the Property

Edward Constable

Real Living Tremaine Real Estate.com License #FAAR-124901 Listed on: 08/30/2015

Real Living Tremaine Real Estate.com

Last Buyer's Agent

Jessica Boillat-Wilcox

Harper Jackson R.E.S. License #FAAR-124386

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 47 Acre Lot
  • 990 Ft Wide Lot
  • Waterfront
  • Lot Has A Rolling Slope
  • Property is zoned Agricultural

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0123210000700

Community Details

Overview

  • Durand Land Companys Add 02 Subdivision

Recreation

  • Property is near a pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,871

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 1871
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 990
  • Water Features: Pond
  • Waterfront: Yes
  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Sewer/Septic System: Septic

Schools

  • School District: Durand Area Schools

Lot Info

  • Assessor Parcel Number: 0123210000700
  • Acreage: 47
  • Lot Description: Graded, Rolling/Hilly
  • Zoning: Agricultural
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $672.00
  • Winter Tax: Amount: $1,199.00
  • Total Tax: Amount: $1,871.00

MLS Schools

  • School District: Durand Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Smith Matthew J
Bought by
Smith Matthew J and Smith Katie A
Current Estimated Value
$408,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$251,496
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$164,713

Purchase Details

Listed on
Aug 30, 2015
Closed on
Apr 28, 2016
Sold by
Blount E Frank H
Bought by
Smith Matthew J
Seller's Agent
Edward Constable
Real Living Tremaine Real Estate.com
Buyer's Agent
Jessica Boillat-Wilcox
Harper Jackson R.E.S.
List Price
$300,000
Sold Price
$200,000
Premium/Discount to List
-$100,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$190,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Smith Matthew J -- Mason Burgess Title Agency
Smith Matthew J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew J $275,000
Closed Smith Matthew J $190,000
Previous Owner Blount Curtis E $93,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $200,000 -33.3% --
02/04/2016 02/04/16 Pending -- -- --
08/30/2015 08/30/15 For Sale $300,000 -- --
Source: Michigan Multiple Listing Service

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 $5,186 $169,300 $0 $0
2024 $5,043 $162,900 $0 $0
2023 $1,732 $150,100 $0 $0
2022 $1,659 $162,000 $0 $0
2021 $4,430 $148,300 $0 $0
2020 $4,369 $154,300 $0 $0
2019 $4,119 $137,800 $0 $0
2018 $4,026 $128,900 $0 $0
2017 $3,792 $121,600 $0 $0
2016 $195 $121,600 $0 $0
2015 $195 $108,900 $0 $0
2014 $6 $97,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30051793

Michigan Multiple Listing Service

APN: 012-32-100-007