NOT LISTED FOR SALE

850 Lotus Dr Erie, MI 48133

Estimated Value: $31,000 - $203,000

0.58 Acre
$156,897 Price per Acre
25,265 Sq Ft Lot

Last Sold March 24, 2016

Last sale price $5,000

Est. 1,720% increase in value since last sale

Current estimated payment $532/month

111 Days on Market

About This Lot

As of March 2016

Come build your dream home. Nice lot. Nice neighborhood. There is utilities at the st. There was once a home on the lot that was tore down. There may be a well and septic field.

Last Agent to Sell the Property

Brandy Bonawitt

Key Realty One LLC - Summerfield License #MCAR-6501300385 Listed on: 11/19/2015

Key Realty One LLC - Summerfield

Last Buyer's Agent

Brandy Bonawitt

Key Realty One LLC - Summerfield License #MCAR-6501300385 Listed on: 11/19/2015

Key Realty One LLC - Summerfield

Property Details

Property Type

  • Land

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 120x210
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 0518013000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 1044
  • Mail City: Erie
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: City/County, Paved Street, Country, Private Road

Schools

  • School District: Mason Consolidated School District

Lot Info

  • Assessor Parcel Number: 0518013000
  • Location: Subdivision
  • Acreage: 0.58
  • Lot Description: Treed
  • Zoning: Residential
  • Lot Size: 120x210
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $264.00
  • Winter Tax: Amount: $780.00
  • Total Tax: Amount: $1,044.00

MLS Schools

  • School District: Mason Consolidated School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Mar 24, 2016
Sold by
Moussaed John K
Bought by
Bowersox William L
Seller's Agent
Brandy Bonawitt
Key Realty One LLC - Summerfield
Buyer's Agent
Brandy Bonawitt
Key Realty One LLC - Summerfield
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%
Current Estimated Value
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,000
Avg. Annual Appreciation
35.34%

Purchase Details

Listed on
Nov 4, 2013
Closed on
Jan 13, 2014
Sold by
Vargo William
Bought by
Moussaed John K
Seller's Agent
MICHAEL CHAMS
RE/MAX Innovation
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$5,000
Sold Price
$5,299
Premium/Discount to List
$299
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%

Purchase Details

Listed on
Nov 4, 2013
Closed on
Nov 29, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Vargo William
Seller's Agent
MICHAEL CHAMS
RE/MAX Innovation
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$5,000
Sold Price
$5,299
Premium/Discount to List
$299
5.98%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bowersox William L $5,000 Lawyers Title
Moussaed John K $5,750 Louisville Title Agency
Vargo William $5,299 Premium Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $5,000 -50.0% --
03/09/2016 03/09/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $10,000 +88.7% --
12/17/2013 12/17/13 Sold $5,299 +6.0% $5 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $5,000 -- $5 / Sq Ft
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 $449 $20,500 $20,500 $0
2024 $444 $16,360 $0 $0
2023 $406 $16,360 $0 $0
2022 $395 $16,360 $0 $0
2021 $395 $15,100 $0 $0
2020 $391 $15,100 $0 $0
2019 $400 $15,100 $0 $0
2018 $386 $13,700 $0 $0
2017 $599 $13,700 $0 $0
2016 $223 $5,100 $0 $0
2015 $903 $24,300 $0 $0
2014 $1,045 $24,300 $0 $0
2013 -- $25,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandy Bonawitt

    Seller's Agent in 2016

    Brandy Bonawitt

    Key Realty One LLC - Summerfield

    (419) 206-2947

    25 Total Sales

    Brandy Bonawitt
    Section Image

  • M

    Seller's Agent in 2013

    MICHAEL CHAMS

    RE/MAX of Southeast Michigan

    (626) 660-7421

    13 Total Sales

    MICHAEL CHAMS
    Section Image

  • N

    Buyer's Agent in 2013

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2013

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 20453479

Michigan Multiple Listing Service

APN: 05-180-130-00

Michigan Monroe County Erie 48133

850 Lotus Dr, Erie, MI

This home is located at 850 Lotus Dr, Erie, MI 48133 since 19 November 2015 and is currently estimated at $91,000. 850 Lotus Dr is a home located in Monroe County with nearby schools including Mason Central School, Mason Middle School, and Mason Senior High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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