NOT LISTED FOR SALE

861 Lake Nepessing Rd Lapeer, MI 48446

Estimated Value: $261,000 - $344,000

99.4 Acres
$3,181 Price per Acre
4,329,864 Sq Ft Lot

Sale Details

Date Sold: June 16, 2017

Last sale price $349,000

Est. 9% decrease in value since last sale

Current estimated payment $2,008 / mo

410 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Wetlands on Lot
  • Wooded Lot
  • 99.4 Acre Lot

About This Lot

As of June 2017

Rolling, wooded and well located parcel can serve multiple uses for the prospective Purchaser. Currently zoned neighborhood commercial, but it also offers residential and recreational usages. The small lake and woods provide ample habitat for wildlife. This property has potential estate type qualities for a future residence. The property is currently divided into two separate tax id numbers- 52.9 acres and 46.5 acres. This is a unique property which holds many opportunities for the astute investor.
There is an existing well on the premises.

Last Agent to Sell the Property

Bruce Huber

J L Gardner & Associates Co License #6501100822 Listed on: 04/08/2016

J L Gardner & Associates Co

Last Buyer's Agent

Bruce Huber

J L Gardner & Associates Co License #6501100822 Listed on: 04/08/2016

J L Gardner & Associates Co

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 99.4 Acre Lot
  • Lot Dimensions are 1150x2633
  • 1,000 Feet of Waterfront
  • Lake Front
  • River Front
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Commercial, Recreation

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 00801200900

Community Details

Overview

  • Property is near a ravine

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,093

Lot Details

99.4 Acres

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 172500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Youngs Lake
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Water Frontage Feet: 1000.00
  • Waterfront Description: Lake Front, River Front

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well (Existing)
  • High Speed Internet: Yes

Lot Info

  • List Price per Acre: 3520.1207
  • Lot Features: Hilly-Ravine, Water View, Possible Walkout, Splits Available, Wetland/Swamp, Wooded
  • Lot Size Area: 99.40
  • Lot Dimensions: 1150x2633
  • Parcel Number: 00801200900
  • Percent Tillable: 40
  • Percent Wooded: 75
  • Soil Type: Loams
  • Zoning: Commercial, Recreation, Residential
  • Improvements: Culvert, Electric, Gas
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 1523.0000
  • Tax Amount Winter: 4570.0000
  • Total Tax: 6093.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 9, 2017
Sold by
Young Lake Props
Bought by
Franklin David M
Seller's Agent
Bruce Huber
J L Gardner & Associates Co
Buyer's Agent
Bruce Huber
Real Estate One Gardner & Assoc
List Price
$399,900
Sold Price
$349,000
Premium/Discount to List
-$50,900
-12.73%
Current Estimated Value
$316,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,853
Avg. Annual Appreciation
-1.11%

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 6, 2017
Sold by
Peter D Whitman Lt
Bought by
Young Lake Props
Seller's Agent
Bruce Huber
J L Gardner & Associates Co
Buyer's Agent
Bruce Huber
Real Estate One Gardner & Assoc
List Price
$399,900
Sold Price
$349,000
Premium/Discount to List
-$50,900
-12.73%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Cook Ft
Bought by
Young Lake Props

Purchase Details

Closed on
Nov 28, 2016
Sold by
Oconner Edward
Bought by
Young Lake Props
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franklin David M $280,000 --
Young Lake Props -- --
Young Lake Props -- --
Young Lake Props -- --
Young Lake Props -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $349,000 -12.7% --
05/23/2017 05/23/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $399,900 -- --
Source: Realcomp

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 $3,840 $132,000 $0 $0
2024 $921 $132,000 $0 $0
2023 $879 $103,100 $0 $0
2022 $3,479 $87,000 $0 $0
2021 $3,374 $87,000 $0 $0
2020 $3,384 $87,000 $0 $0
2019 $3,454 $87,000 $0 $0
2018 $846 $87,000 $87,000 $0
2017 $2,827 $81,800 $0 $0
2016 $2,810 $81,800 $81,800 $0
2015 $2,517 $0 $0 $0
2014 $2,517 $81,800 $81,800 $0
2013 $2,517 $81,800 $81,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Huber

    Seller's Agent in 2017

    Bruce Huber

    J L Gardner & Associates Co

    (810) 667-2284

    5 in this area

    59 Total Sales

    Bruce Huber
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Map

Source: Realcomp

MLS Number: 216032742

Realcomp

APN: 008-012-009-00

Michigan Lapeer County Lapeer 48446

861 Lake Nepessing Rd, Lapeer, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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