NOT LISTED FOR SALE

8900 Bailey Rd Mancelona, MI 49659

Estimated Value: $402,013

19.8 Acres
$20,304 Price per Acre
862,488 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $345,000 $22 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,539/month

151 Days on Market

Highlights

  • 19.8 Acre Lot
  • Wooded Lot
  • Garage
  • Countryside Views
  • Pole Barn
  • Level Lot

About This Lot

As of August 2024

Back on the Market because the buyer couldn't perform, so now it's your turn! Rare Opportunity to own 19.80 acres in a high visibility traffic area, located just off M-88; only 3 miles from Mancelona and 9.5 to Bellaire, with Shanty Creek Resort in between. This township has no zoning, so this property is a blank canvas for your vision. The acreage currently houses a 140’ x 50’ Quonset hut (5,868 sq ft, factoring in the curve of the hut) with a new 12 x 14 overhead door. The Quonset hut has been insulated using spray foam; a new geothermal heating system has been installed, and is currently being used for RV & Boat storage. This current tenants can be transitioned to the new buyer at no cost, if desired. There is a second, building on the acreage, 272’ x 32’ = 8704 sf, with a workshop at each end of the building. Some work has begun on the interior of this building, with 2 commercial style bathrooms, one for men with 2 urinals and a stall, and one for ladies, with 2 stalls and a vanity. A kitchen area was also started. There is lots of vacant space that could be used for offices, tenants, or even apartments. The seller has also excavated around the buildings and cleaned up the grounds. There is a survey in the Associated Docs. These opportunities don’t come along often, so now is your chance to own a truly one-of-a-kind property!

Last Agent to Sell the Property

Janet Piscopo

Coldwell Banker Schmidt-Bellai License #6506041607 Listed on: 03/29/2024

Coldwell Banker Schmidt-Bellai

Last Buyer's Agent

Sarah Burlingame

Up North Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,272

Lot Details

  • 19.8 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Garage

Additional Features

  • Countryside Views
  • Pole Barn
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$3,272

Lot Details

19.8 Acres

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 7W

Exterior Features

  • Exterior Features: Countryside View, Pole Building, Garage(s)
  • Number Of Acres: 19.8
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Municipal Water
  • Water Installed: Municipal

Lot Info

  • Land Features: Level, Cleared, Wooded, Evergreens
  • Lot Dimensions: Irregular. See survey.
  • Zoning Use Restrictions: Metes And Bounds, Storage Buildings, Outbuildings Allowed, Parking Lot

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2567.21
  • Total Taxes: 3271.86
  • Winter Taxes: 704.65
  • Year Winter: 2022

MLS Schools

  • School District: Mancelona Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Aug 29, 2024
Sold by
Clark Properties North Llc
Bought by
Bailey Rd Llc 8900
Seller's Agent
Janet Piscopo
Coldwell Banker Schmidt-Bellai
Buyer's Agent
Sarah Burlingame
Up North Properties
List Price
$379,000
Sold Price
$345,000
Premium/Discount to List
-$34,000
-8.97%
Views
23
Current Estimated Value
$402,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,013
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Nov 5, 2021
Sold by
Zaka Family Trust
Bought by
Clark Properties North Llc

Purchase Details

Closed on
Jul 23, 2021
Sold by
Toth Investments Inc
Bought by
Zaka Ft

Purchase Details

Closed on
Oct 22, 2003
Bought by
Toth Investments Llc
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
Bailey Rd Llc 8900 $345,000 Chicago Title/Mi
Clark Properties North Llc $120,000 None Listed On Document
Zaka Ft -- None Available
Toth Investments Llc $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $345,000 -9.0% $22 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $379,000 -- $24 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $5,610 $157,600 $0 $0
2024 $28 $85,100 $0 $0
2023 $2,734 $121,600 $0 $0
2022 $3,272 $72,600 $0 $0
2021 $2,760 $74,200 $0 $0
2020 $2,703 $72,200 $0 $0
2019 $2,631 $65,500 $0 $0
2018 $2,575 $63,400 $0 $0
2017 $2,525 $64,800 $0 $0
2016 $2,044 $62,600 $0 $0
2015 -- $59,400 $0 $0
2014 -- $60,800 $0 $0
2013 -- $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920597

Northern Great Lakes REALTORS® MLS

APN: 05-04-014-007-00

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