NOT LISTED FOR SALE

880 E Wheeler Rd Midland, MI 48640

Estimated Value: $416,000 - $538,776

5 Acres
$95,478 Price per Acre
217,800 Sq Ft Lot

Last Sold April 05, 2022

Last sale price $54,000

Est. 784% increase in value since last sale

Current estimated payment $3,087/month

5 Days on Market

About This Lot

As of April 2022

5 Acre Building site in Homer Township across the street from Riverview Nature Area. Gas and water already on site. A single wide mobile home is on the property. Property being sold as "vacant land"

Last Agent to Sell the Property

Matthew Rapanos

Ayre Rhinehart Real Estate Partners License #MBR-6501367517 Listed on: 02/18/2022

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Matt Smith

Modern Realty License #MBR-6501402988

Modern Realty

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 320 x 692
  • Rural Setting

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 040-010-100-041-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 1795.1
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 320
  • Frontage Type: Road

Utilities

  • Water: Public Water
  • Sewer/Septic System: Septic
  • Fuel On Site: Natural Gas

Lot Info

  • Assessor Parcel Number: 040-010-100-041-00
  • Location: Rural
  • Acreage: 5
  • Zoning: Residential
  • Lot Size: 320 x 692
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $312.70
  • Winter Tax: Year: 2021, Amount: $1,482.40
  • Total Tax: Amount: $1,795.10

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Charles Dame Jr
Bought by
Dame Charles and Dame Heather
Current Estimated Value
$477,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,830
Outstanding Balance
$522,797
Interest Rate
5.51%
Mortgage Type
Construction
Estimated Equity
-$45,409

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 5, 2022
Sold by
Seneca Louck
Bought by
Dame Charles
Seller's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Matt Smith
Modern Realty
List Price
$60,000
Sold Price
$54,000
Premium/Discount to List
-$6,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.80%

Purchase Details

Listed on
Oct 12, 2016
Closed on
Mar 24, 2017
Sold by
Baker Cathy
Bought by
Louck Seneca
Seller's Agent
Bryan Gardner
Modern Realty
Buyer's Agent
Matthew Rapanos
Ayre Rhinehart Real Estate Partners
List Price
$43,000
Sold Price
$35,000
Premium/Discount to List
-$8,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Dame Charles -- None Listed On Document
Dame Charles $54,000 None Listed On Document
Louck Seneca -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dame Charles $546,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 Sold $54,000 -10.0% --
02/23/2022 02/23/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $60,000 +71.4% --
03/24/2017 03/24/17 Sold $35,000 -18.6% -- View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $43,000 -- --
Source: Midland Board 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 $6,916 $257,400 $0 $0
2024 $2,595 $241,500 $0 $0
2023 $728 $66,800 $0 $0
2022 $1,494 $29,200 $0 $0
2021 $1,795 $28,700 $0 $0
2020 $1,793 $28,400 $0 $0
2019 $1,803 $28,600 $11,500 $17,100
2018 $1,885 $30,300 $12,300 $18,000
2017 $0 $30,200 $30,200 $0
2016 $1,026 $29,900 $29,900 $0
2014 -- $31,800 $31,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Rapanos

    Seller's Agent in 2022

    Matthew Rapanos

    Ayre Rhinehart Realtors

    (989) 205-0067

    100 in this area

    147 Total Sales

    Matthew Rapanos
    Section Image
  • Matt Smith

    Buyer's Agent in 2022

    Matt Smith

    Modern Realty

    (989) 948-3738

    139 in this area

    383 Total Sales

    Matt Smith
    Section Image
  • Bryan Gardner

    Seller's Agent in 2017

    Bryan Gardner

    Modern Realty

    (989) 513-8145

    113 in this area

    190 Total Sales

    Bryan Gardner
    Section Image
See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 50066399

Midland Board of REALTORS®

APN: 040-010-100-041-00

Michigan Midland County Midland 48640

880 E Wheeler Rd, Midland, MI

Not Listed for Sale

Lots

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