NOT LISTED FOR SALE

8702 Tobey Dr Scotts, MI 49088

Estimated Value: $529,000 - $797,552

4 Beds
2 Baths
3,088 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $551,500 $179 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,073/month

3 Days on Market

Highlights

  • Private Waterfront
  • Cape Cod Architecture
  • Shed
  • Docks
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Multiple Offers Received - Highest & Best 7/8/2020 5pm!!! Better than new custom built 2014 home on a 575 acres, all sports lake! This amazing home also includes the additional (buildable) lot next door. It's extremely rare to get this much lake frontage and yard size with a home of this caliber on Long Lake. Inside you'll be greeted with tons of natural light from abundant windows, great sight lines to the lake from the main floor, and a wonderful open floor plan. The kitchen features amish built custom hardwood cabinets, newer stainless steel appliances, an oversized sink, and an eat in island. The back wall of the main floor backs up to a fantastically finished 3 seasons room that allows you to view the lake from all angles of the inside living area. The two bedrooms downstairs are a good sized and share a full bath. Additionally, the officenhas a beautiful glass door and plenty of space for a desk and cabinets. The open entryway has a great ceiling height with a decorative chandelier, grand staircase, and oversized windows. Upstairs you are able to see huge master with enough space to comfortably fit a king sized bed, desk, furniture, and get the best views of the sunset over the lake. Outside of the master is the private, attached patio sitting area to relax and listen to the waves. The attached walk in closet and bathroom finish off the master's space and are truly unique to this home. On the other half of the upstairs theres a beautiful media room and a great sized bedroom. This list price of the home is reflected by the homes value being at $550,000 and the buildable lot next door being sold for $200,000. Make sure to set up your showing today!

Last Listed By

Zac Folsom

Zac Folsom Group License #6501384937 Listed on: 07/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,019

Year Built

  • Built in 2014

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Private Waterfront
  • 50 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,019

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2014
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 3088.0
  • Window Features: Replacement
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 553500.0
  • Other Structures: Shed(s)
  • Roof: Composition
  • Water Body Name: Long Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50 x 132
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7018.63
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Aug 14, 2020
Sold by
Brady Thomas and Brady Shannon
Bought by
Ranker Rosemary and Ranker Michael
Seller's Agent
Zac Folsom
Zac Folsom Group
Buyer's Agent
Rich Olson
Michigan Lakes Real Estate Team
List Price
$750,000
Sold Price
$551,500
Premium/Discount to List
-$198,500
-26.47%
Total Days on Market
3
Current Estimated Value
$719,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,388
Avg. Annual Appreciation
5.79%
Original Mortgage
$440,800
Outstanding Balance
$394,717
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$325,171

Purchase Details

Closed on
Jun 2, 2015
Sold by
Brady Thomas
Bought by
Brady Thomas and Brady Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 7, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Brady Thomas
Seller's Agent
Tony Lockwood
RE/MAX Elite Group T.R.
Buyer's Agent
Jerry Slater
RE/MAX Advantage
List Price
$50,000
Sold Price
$95,300
Premium/Discount to List
$45,300
90.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Original Mortgage
$149,800
Interest Rate
4.53%
Mortgage Type
Balloon

Purchase Details

Closed on
May 20, 2013
Sold by
Citimortgage
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 10, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Citimortgage

Purchase Details

Closed on
Jan 19, 2011
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 30, 2010
Sold by
West Richard A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 3, 2003
Sold by
Abshagen Ronald L and Abshagen Jack I
Bought by
West Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,342
Interest Rate
5.87%
Mortgage Type
FHA

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
Ranker Rosemary $551,500 Nations Title Agency
Brady Thomas -- None Available
Brady Thomas $95,300 Metro Advantage
Secretary Of Housing & Urban Development -- None Available
Citimortgage -- None Available
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $124,431 None Available
West Richard A $151,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranker Rosemary $440,800
Previous Owner Brady Thomas $344,000
Previous Owner Brady Thomas $250,000
Previous Owner Brady Thomas $149,800
Previous Owner West Richard A $123,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $551,500 -26.5% $179 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $750,000 +687.0% $243 / Sq Ft
08/09/2013 08/09/13 Sold $95,300 +90.6% $61 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $50,000 -- $32 / Sq Ft
Source: Southwestern Michigan Association 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
2024 $12,989 $363,700 $0 $0
2023 $12,378 $333,400 $0 $0
2022 $14,339 $304,200 $0 $0
2021 $13,904 $267,600 $0 $0
2020 $7,151 $262,700 $0 $0
2019 $6,789 $238,500 $0 $0
2018 $6,850 $206,200 $0 $0
2017 -- $206,200 $0 $0
2016 -- $203,800 $0 $0
2015 -- $196,300 $0 $0
2014 -- $122,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20025660

Southwestern Michigan Association of REALTORS®

APN: 11-19-376-120