NOT LISTED FOR SALE

900 Locust St Cheboygan, MI 49721

Estimated Value: $174,000 - $217,011

0.58 Acre
$337,074 Price per Acre
25,265 Sq Ft Lot

Last Sold July 27, 2023

Last sale price $42,000 $20 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $1,396/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Formal Dining Room
  • Main Floor Bedroom
  • First Floor Utility Room
  • Living Room

About This Lot

As of July 2023

Nestled on a captivating corner lot, this home presents a world of possibilities. Boasting a long history as a successful duplex, complete with two gas meters, two kitchens, two spacious living areas, and two separate entrances, this property exemplifies versatility and potential.
Seller does not guarantee future usage as a duplex. Situated in close proximity to snowmobile trails, this location offers the distinct privilege of hearing the resonant cheers from the Chiefs football team, adding a touch of excitement and community spirit. Imagine the financial advantages of living in one unit while renting out the other. This unique arrangement presents an excellent opportunity to generate passive income and build a solid investment portfolio. Although this property was a foreclosure, the current owner has made considerable strides in clearing the path to its revival. All the unwanted carpet and miscellaneous items have been removed, leaving behind a blank canvas. Furthermore, 24/7 plumbing service, has skillfully cleared the clogged sewer line, ensuring functionality. While the partial basement may still be damp and awaiting a railing, the owner has taken care to rinse it down, demonstrating their commitment to progress. Updates to the roof and vinyl siding have been carried out at some point. This property is available as a cash sale only and it is being sold in its present condition. Agents and buyers are advised to exercise caution when entering the premises, as the property is being sold "as is". Act swiftly, as this property won't stay on the market for long!

Last Agent to Sell the Property

Team Martinchek

Berkshire Hathaway HomeServices-Cheboygan Brokerage Email: audreymartinchek@bhhsmi.com License #6506043613 Listed on: 07/14/2023

Berkshire Hathaway HomeServices-Cheboygan

Last Buyer's Agent

Troy Calhoon

Real Estate One of Gaylord License #6501341501

Real Estate One of Gaylord

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,325

Lot Details

Home Design

  • Frame Construction
  • Shingle Siding
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 054-G19-005-003-00
  • Tax Block 5

Community Details

Overview

  • No Home Owners Association
  • T38n R1w Subdivision

Recreation

  • Deck
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$4,325

Lot Details

0

Listing Details

  • Directions: Western Ave to right on Locust. Located behind the football field.
  • Garage Yn: No
  • Lot Size: 1.06 Acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Attribution Contact: audreymartinchek@bhhsmi.com
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • Co List Office Phone: 231-627-7186
  • MLS Status: Closed
  • Subdivision Name: T38N R1W
  • Above Grade Finished Sq Ft: 2054.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 1.06 Acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Space Heater2: Yes
  • Sewer Municipal4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • BasementSpecificsBasementSize: 10 x 10
  • Interior Amenities: Dryer, Refrigerator, Range/Oven, Washer
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: upper
  • Utility Room Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • BasementFoundation:Crawl: Yes
  • Other Rooms:Formal Dining: Yes

Exterior Features

  • Exterior Features: Deck, Shed
  • Waterfront: No
  • Construction Type: Shingles, Vinyl
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Shed: Yes
  • Exterior Shingles: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Municipal
  • Heating: Forced Air, Natural Gas, Space Heater
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Parcel Number: 054-G19-005-003-00

Tax Info

  • Tax Block: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Jul 27, 2023
Sold by
Advisory Firm Llc
Bought by
Love Jamie
Seller's Agent
Team Martinchek
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Troy Calhoon
Real Estate One of Gaylord
List Price
$39,900
Sold Price
$42,000
Premium/Discount to List
$2,100
5.26%
Views
79
Current Estimated Value
$195,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,503
Avg. Annual Appreciation
99.92%

Purchase Details

Closed on
May 19, 2023
Sold by
Maybank Franklin Dale Estate
Bought by
Advisory Firm Llc

Purchase Details

Closed on
Apr 21, 2023
Sold by
Maybank Franklin Estate
Bought by
Advisory Firm Llc

Purchase Details

Closed on
Sep 13, 2022
Sold by
Cheboygan County Treasurer
Bought by
Maybank Franklin and Maybank Esther

Purchase Details

Closed on
Mar 1, 2022
Sold by
Maybank Franklin
Bought by
Cheboygan County Treasurer
Source: Public Records

Range of Values:

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Average Value
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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
Love Jamie $42,000 --
Advisory Firm Llc -- --
Advisory Firm Llc $1,000 --
Maybank Franklin $845 --
Cheboygan County Treasurer $772 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $42,000 +5.3% $20 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $39,900 -- $19 / Sq Ft
Source: Water Wonderland 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 $4,325 $84,600 $0 $0
2024 $3,533 $72,600 $0 $0
2023 $1,299 $53,400 $0 $0
2022 $1,249 $36,600 $0 $0
2021 $1,676 $34,300 $34,300 $0
2020 $1,439 $34,300 $34,300 $0
2019 $1,405 $32,800 $32,800 $0
2018 $949 $32,100 $0 $0
2017 $918 $28,300 $0 $0
2016 $907 $28,700 $0 $0
2015 -- $26,300 $0 $0
2014 -- $24,800 $0 $0
2012 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201825209

Water Wonderland Board of REALTORS®

APN: 054-G19-005-003-00