NOT LISTED FOR SALE

8504 Ridgeway Rd Unit 36 Springvale Township, MI 49770

Estimated Value: $12,505 - $301,000

0.5 Acre
$288,336 Price per Acre
21,780 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $8,950

Est. 1,511% increase in value since last sale

Current estimated payment $814/month

Highlights

  • Snowmobile Trail
  • Creek or Stream
  • Gentle Sloping Lot
  • Landscaped with Trees

About This Lot

As of December 2020

Creekside lot 6 miles East on Mitchell St. from Petoskey City Limits. Build a new home within established Development. Silver Creek Association provides parks, greenbelts and private paved streets. Underground electric & cable service each lot. Ready for a new build for family or retirement enjoyment. Property is in Petoskey School District. Owners enjoy access to the 2000 foot long creek flowing from the southeast to northwest. There are 130 acres of mixed hardwoods and pines with a white sand bottom creek running through the center of development. Nature trails are located throughout the neighborhood for all to enjoy. There are additional lots available from same seller (lots 26,27,28,39,41,91,95,96,103,116,118 & 119). Contact listing agent for additional information.

Last Agent to Sell the Property

Sheela Welch

Coldwell Banker Schmidt - Petoskey Listed on: 05/03/2016

Coldwell Banker Schmidt - Petoskey

Co-Listed By

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858

Last Buyer's Agent

Sheela Welch

Coldwell Banker Schmidt - Petoskey Listed on: 05/03/2016

Coldwell Banker Schmidt - Petoskey

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $210

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x165x137x167
  • Creek or Stream
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is zoned EC SR

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-225-136

Community Details

Overview

  • Silver Creek Association

Recreation

  • Snowmobile Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$210

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 12/31/2020
  • Section: 4
  • S E V Yr: $5,500/2020
  • Survey: Y
  • Hd Approved: Y
  • Road Access: yes
  • Road Frontage Feet: 125
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Hard Wood, Mixed Trees, Natural Gas, Cable TV, Under Ground Utilities, Electric Nearby, Near Snowmobile Trails, Stream/Creek, Paved Road

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed, Required To Build
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Silver Creek
  • Association: Yes
  • Fees: 350
  • Site Condo: Y

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 125x165x137x167
  • Estimated Number of Acres: 0.5
  • Lot: Y
  • Zoning: EC SR
  • Property Description: Vacant Creek side land.
  • Improvements: Natural Gas
  • Number Of Acres: Under 1
  • Percent Wooded: 95
  • Terrain: Slow Slope

Tax Info

  • Assessor Parcel Number: 14-20-04-225-136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Dec 17, 2020
Sold by
Steele Robert L Trust Ii
Bought by
Brochue Bradley
Seller's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
List Price
$10,900
Sold Price
$8,950
Premium/Discount to List
-$1,950
-17.89%
Current Estimated Value
$144,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,218
Avg. Annual Appreciation
78.65%
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
Brochue Bradley $8,950 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $8,950 -17.9% --
12/01/2020 12/01/20 Pending -- -- --
05/03/2016 05/03/16 For Sale $10,900 -- --
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 $210 $7,300 $7,300 $0
2024 $210 $5,000 $5,000 $0
2023 $202 $4,500 $4,500 $0
2022 $202 $4,500 $4,500 $0
2021 $224 $5,000 $5,000 $0
2020 $244 $5,500 $5,500 $0
2019 -- $5,500 $5,500 $0
2018 -- $5,500 $5,500 $0
2017 -- $8,500 $8,500 $0
2016 -- $8,500 $8,500 $0
2015 -- $8,500 $0 $0
2014 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464031

Northern Michigan MLS

APN: 14-20-04-225-136