NOT LISTED FOR SALE

8750 10 Mile Rd NE Rockford, MI 49341

Estimated Value: $809,000 - $1,214,164

39 Acres
$24,120 Price per Acre
1,680,980 Sq Ft Lot

Last Sold March 28, 2018

Last sale price $375,000

Est. 143% increase in value since last sale

Current estimated payment $5,723/month

62 Days on Market

Highlights

  • 38.59 Acre Lot
  • Wetlands on Lot
  • High Speed Internet
  • Lakes Elementary School Rated A
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of March 2018

Conveniently located approx. 1 mile north of Bostwick Lake, in Cannon Township in the Rockford School district. This is a beautiful 38.59 acre property with rolling open meadows and areas of hardwood forest and numerous features that make this suitable for many uses from residential development to a private home site. A very private setting with beauty and abundant wildlife. This is a secluded property yet very close to all the amenities that the Rockford area has to offer. A truly unique parcel that has not been on the market in 100+ years!

Last Agent to Sell the Property

David Schermer

Schermer Realty LLC License #6502347370 Listed on: 11/15/2017

Last Buyer's Agent

Alison Glowinski

Mitten Real Estate License #6502406293

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,716

Lot Details

  • 38.59 Acre Lot
  • Lot Dimensions are 1038x1840
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned Rural Res, Rural Res

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Wetlands on Lot
  • Mineral Rights

Property Details

Property Type

Land

Est. Annual Taxes

$8,716

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 1038x1840
  • General Property Info:Waterfront3: No
  • Tax Info:Zoning3: Rural Res
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Lot Description:Rolling Hills: Yes
  • Mineral Rights:Yes: Yes
  • Lot Description:Wetland Area: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 441000.0
  • Lot Features: Buildable, Wetland Area, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 38.59
  • Lot Size Area: 38.59
  • Lot Size Sq Ft: 1680980.0
  • Zoning Description: Rural Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Justin Bajema
Bought by
Bajema Justin and Bajema Jennifer
Current Estimated Value
$912,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,195,339
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$292,610

Purchase Details

Listed on
Nov 15, 2017
Closed on
Mar 29, 2018
Sold by
The Emerita Saladin Trust
Bought by
Bajema Justin
Seller's Agent
David Schermer
Schermer Realty LLC
Buyer's Agent
Alison Glowinski
Mitten Real Estate
List Price
$441,000
Sold Price
$375,000
Premium/Discount to List
-$66,000
-14.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$1,024,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bajema Justin -- None Listed On Document
Bajema Justin $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajema Justin $1,280,000
Previous Owner Weber Jeffrey $10,894
Previous Owner Bajema Justin $1,184,000
Previous Owner Bajema Justin $1,024,400
Previous Owner Bajema Justin $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $375,000 -15.0% --
01/16/2018 01/16/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $441,000 -- --
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
2025 $8,716 $541,400 $0 $0
2024 $8,716 $506,400 $0 $0
2023 $7,981 $445,900 $0 $0
2022 $7,981 $393,500 $0 $0
2021 $15,962 $364,600 $0 $0
2020 $7,972 $364,600 $0 $0
2019 $2,836 $274,000 $0 $0
2018 $2,836 $137,200 $137,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17034574

Southwestern Michigan Association of REALTORS®

APN: 41-11-02-226-019