NOT LISTED FOR SALE

87756 Old Swamp Rd Decatur, MI 49045

Estimated Value: $87,000 - $163,331

12.5 Acres
$9,667 Price per Acre
544,500 Sq Ft Lot

Last Sold November 14, 2022

Last sale price $70,000

Est. 73% increase in value since last sale

Current estimated payment $679/month

10 Days on Market

About This Lot

As of November 2022

This home is located at 87756 Old Swamp Rd, Decatur, MI 49045 since 19 September 2022 and is currently estimated at $120,833. 87756 Old Swamp Rd is a home located in Van Buren County with nearby schools including Davis Elementary School, Decatur Middle School, and Decatur Jr./Sr. High School.

Last Agent to Sell the Property

Jim Rigdon

Jaqua, REALTORS Listed on: 09/19/2022

Last Buyer's Agent

Jim Rigdon

Chuck Jaqua, REALTOR License #6501266803

Chuck Jaqua, REALTOR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 12.5 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: Irr
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1100.0
  • Utilities Attached:Electric4: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 79900.0
  • Waterfront: No

Lot Info

  • Lot Size Acres: 12.5
  • Lot Size Area: 12.5
  • Lot Size Sq Ft: 544500.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Year: 1273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Nov 11, 2022
Sold by
Bogoljub Stankovich and Bogoljub Leonila Stankovi
Bought by
Clark Mitchell C and Clark Jay C
Seller's Agent
Jim Rigdon
Jaqua, REALTORS
Buyer's Agent
Jim Rigdon
Chuck Jaqua, REALTOR
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
3
Current Estimated Value
$120,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,833
Avg. Annual Appreciation
14.75%
Original Mortgage
$60,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Stankovich Bogoljub and Stankovich Leonila
Bought by
The Bogoljub Stankovich & Leonila Stanko

Purchase Details

Closed on
Sep 8, 2004
Sold by
Stankovich Bogoljub and Stankovich Leonila
Bought by
Hendrixson Tim C
Source: Public Records

Range of Values:

Collateral Analytics

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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
Clark Mitchell C $70,000 --
The Bogoljub Stankovich & Leonila Stanko -- Chicago Title Insurance Co
Hendrixson Tim C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Mitchell C $235,000
Closed Clark Mitchell C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $70,000 -12.4% --
09/29/2022 09/29/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $79,900 -- --
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 $432 $60,800 $0 $0
2024 $432 $48,100 $0 $0
2023 $411 $39,000 $0 $0
2022 $1,847 $36,800 $0 $0
2021 $1,675 $34,200 $17,300 $16,900
2020 $1,658 $43,200 $22,700 $20,500
2019 $1,597 $46,200 $46,200 $0
2018 $1,576 $44,700 $44,700 $0
2017 $1,532 $45,200 $300 $44,900
2016 $1,503 $39,600 $300 $39,300
2015 $855 $39,600 $300 $39,300
2014 $840 $34,000 $0 $0
2013 -- $32,400 $21,200 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22040260

Southwestern Michigan Association of REALTORS®

APN: 80-08-020-030-00