NOT LISTED FOR SALE

8767 Spring Ridge Dr Unit 97 Springvale Township, MI 49770

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

0.52 Acre
$293,273 Price per Acre
22,651 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $8,950

Est. 1,604% increase in value since last sale

Current estimated payment $858/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

  • 0.52 Acre Lot
  • Lot Dimensions are 144x 189 x 124 x 162
  • 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
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 14-20-03-150-197

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: 12/30/2020
  • Section: SECTION 3
  • S E V Yr: 5500/2020
  • Survey: Y
  • Hd Approved: Yes
  • Road Access: Yes
  • Road Frontage Feet: 144
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Required To Build
  • Water: Well Needed
  • Well Size Depth: Needed

Condo/Co-op/Association

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 144x 189 x 124 x 162
  • Estimated Number of Acres: 0.52
  • Lot: Y
  • Zoning: EC SR
  • Property Description: Vacant Land on Creek. Silver Creek Devolopment.
  • Improvements: High Speed Internet
  • Number Of Acres: Under 1
  • Percent Wooded: 95
  • Terrain: Slow Slope

Tax Info

  • Assessor Parcel Number: 14-20-03-150-197

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
Kapsa Edward and Rosemary
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
$152,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,552
Avg. Annual Appreciation
81.20%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Nab Investment Corporation
Bought by
Steele Robert L
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
Kapsa Edward $8,950 --
Steele Robert L -- --
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% --
11/25/2020 11/25/20 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 $223 $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: 464029

Northern Michigan MLS

APN: 14-20-03-150-197