NOT LISTED FOR SALE

8839 Algoma Ave NE Rockford, MI 49341

Estimated Value: $420,000 - $555,000

7.31 Acres
$66,982 Price per Acre
318,424 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $109,500

Est. 347% increase in value since last sale

Current estimated payment $3,129/month

1 Day on Market

Highlights

  • 7.31 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Ridgeview Elementary School Rated A-

About This Lot

As of March 2017

Beautiful, buildable 7.31 acre site in Rockford Schools.
Highest elevation in Algoma! Very private and close to everyhing. Pond.

Last Agent to Sell the Property

Steven Lane

ERA Reardon Realty Great Lakes Listed on: 02/28/2017

Last Buyer's Agent

Steven Lane

Meyer, John A.,Appraisal Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,487

Lot Details

  • 7.31 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RR, RR

Property Details

Property Type

Land

Est. Annual Taxes

$1,487

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: See Legal
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1487.0
  • Tax Info:Zoning3: RR
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Cleared: Yes
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 89900.0
  • Lot Features: Buildable, Cleared, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 7.31
  • Lot Size Area: 7.31
  • Lot Size Sq Ft: 318423.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1487.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Kenneth A And Sherry Hendricks Trust
Bought by
Wyma Clayton M and Wyma Monda
Current Estimated Value
$489,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Outstanding Balance
$39,410
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$450,231

Purchase Details

Listed on
Feb 28, 2017
Closed on
Mar 24, 2017
Sold by
Schwandt Jay and Schwandt Kateri
Bought by
Kenneth A And Sherry Hendricks Trust
Seller's Agent
Steven Lane
ERA Reardon Realty Great Lakes
Buyer's Agent
Steven Lane
Meyer, John A.,Appraisal Co.
List Price
$89,900
Sold Price
$109,500
Premium/Discount to List
$19,600
21.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jun 13, 2016
Sold by
Cheslek Donald F and Cheslek Ingrid Karen
Bought by
Schwandt Jay and Schwandt Kateri
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Randy Reeds
Reeds Realty
List Price
$89,900
Sold Price
$77,500
Premium/Discount to List
-$12,400
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.76%
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
Wyma Clayton M $49,000 None Listed On Document
Kenneth A And Sherry Hendricks Trust $109,599 None Available
Schwandt Jay $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyma Clayton M $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2017 03/24/17 Sold $109,500 +21.8% --
03/01/2017 03/01/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $89,900 +16.0% --
06/13/2016 06/13/16 Sold $77,500 -13.8% -- View Prior Sale
03/22/2016 03/22/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $89,900 -- --
Source: MichRIC

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 $6,645 $262,200 $0 $0
2024 $6,645 $218,700 $0 $0
2023 $4,404 $139,200 $0 $0
2022 $417 $9,200 $0 $0
2021 $398 $8,600 $0 $0
2020 $250 $8,200 $0 $0
2019 $1,478 $16,900 $0 $0
2018 $2,361 $47,900 $0 $0
2017 $1,505 $38,000 $0 $0
2016 $1,478 $35,000 $0 $0
2015 -- $35,000 $0 $0
2013 -- $33,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steven Lane

    ERA Reardon Realty Great Lakes

  • Lisa Novosad

    Buyer Co-Listing Agent in 2017

    Lisa Novosad

    Novosad Realty Partners

    (616) 437-0209

    122 Total Sales

    Lisa Novosad
    Section Image
  • Randy Reeds

    Seller's Agent in 2016

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    5 in this area

    268 Total Sales

    Randy Reeds
    Section Image
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Map

Source: MichRIC

MLS Number: 17007530

MichRIC

APN: 41-06-33-278-004

Michigan Kent County Rockford 49341

8839 Algoma Ave NE, Rockford, MI

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