NOT LISTED FOR SALE

8868 Ll Rd Rapid River, MI 49878

Estimated Value: $178,000 - $229,000

2 Beds
1 Bath
1,214 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $110,000 $91 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,081/month

2 Days on Market

Highlights

  • Waterfront
  • Bathroom on Main Level
  • Forced Air Heating System
  • Main Floor Bedroom

About This Home

As of December 2021

Looking for privacy and waterfront living?? Handyman special! The home is being sold "AS IS" and with possessions currently in the home. This 2, 1 bath home, with lot's of potential, is on 4.28 acres with 530' of frontage and beautiful views of Big Bay de Noc is in need of work and a septic. The value is in the land!! Cash offers only! Couple of miles to DNR boat Launch, Nahma Inn, and thousands of acres of State and Federal lands. Won't last long at this price!

Last Agent to Sell the Property

Kathy Fries

COLDWELL BANKER SCHMIDT ESCANABA License #UPAR Listed on: 11/11/2021

COLDWELL BANKER SCHMIDT ESCANABA

Last Buyer's Agent

Kathy Fries

COLDWELL BANKER SCHMIDT ESCANABA License #UPAR Listed on: 11/11/2021

COLDWELL BANKER SCHMIDT ESCANABA

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4.28 Acre Lot
  • Lot Dimensions are 530x533x444x311
  • Waterfront

Home Design

  • Masonite

Interior Spaces

  • 1,214 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 013-015-011-00

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Total Tax Year: 2021
  • Year Built: 1948
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 10 x 8
  • Kitchen: On 1st Floor, Dimensions: 14 x 9
  • Living Room: On 1st Floor, Dimensions: 18 x 14
  • Below Grade Sq Ft: 900
  • Above Grade Finished Sq Ft: 1214
  • Total Finished Sq Ft: 1214

Exterior Features

  • Exterior: Masonite
  • Foundation: Partial Basement
  • Frontage: 530
  • Lake Name: Big Bay de Noc
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Great Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: None

Lot Info

  • Assessor Parcel Number: 013-015-011-00
  • Lot Dimensions: 530x533x444x311
  • Acreage: 4.28
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Big Bay De Noc School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 21, 2021
Sold by
Schwartz David L
Bought by
Zattera John A and Zattera Dawn J
Seller's Agent
Kathy Fries
COLDWELL BANKER SCHMIDT ESCANABA
Buyer's Agent
Kathy Fries
COLDWELL BANKER SCHMIDT ESCANABA
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$197,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,532
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Patricia A Patricia A
Bought by
Schwartz David L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Zattera John A $110,000 --
Schwartz David L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $110,000 -12.0% $91 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $125,000 -- $103 / Sq Ft
Source: Upper Peninsula 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 $700 $76,500 $0 $0
2024 $681 $74,500 $0 $0
2023 $650 $58,300 $0 $0
2022 $2,392 $55,600 $0 $0
2021 $2,684 $74,600 $0 $0
2020 $1,568 $81,300 $0 $0
2019 $1,496 $81,200 $0 $0
2018 $1,461 $87,300 $0 $0
2017 $668 $82,800 $0 $0
2016 $1,386 $86,100 $0 $0
2014 -- $83,400 $0 $0
2013 -- $89,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathy Fries

    COLDWELL BANKER SCHMIDT ESCANABA

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10046865

Upper Peninsula Association of REALTORS®

APN: 21-013-015-011-00

Michigan Delta County Rapid River 49878

8868 Ll Rd, Rapid River, MI

Not Listed for Sale

Detached

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