NOT LISTED FOR SALE

Estimated Value: $598,000 - $721,000

3.5 Acres
$188,416 Price per Acre
152,460 Sq Ft Lot

Last Sold August 14, 2015

Last sale price $325,000

Est. 103% increase in value since last sale

Current estimated payment $4,177/month

36 Days on Market

Highlights

  • Lake Front
  • 3.5 Acre Lot
  • 5-minute walk to Lake Point Park
  • Danbury High School Rated A-
  • Wooded Lot

About This Lot

As of August 2015

Lake front development site, commercial or residential, Marblehead near historic Lighthouse! 3.5 Acres to develop for you own use. Ideal site location for vacation related businesses. Back of parcel abuts quarry. Vacant Lake front is rare & hard to find. AUCTION; 06/27 conducted on site with registration beginning at 10 AM, auction beginning at 11 AM Auction sale is a confirmation bid sale with confirmation within 24 hours of final bid. All of buyer's due diligence is to be completed prior to auction. TERMS OF SALE: Bidders required to register, upon registration bidders will all be provided a bidder registration packet. Registration packets will be available 48 hours prior to auction. Winner/final bidder will be required to sign a purchase agreement which will stipulate; Selling price, Deposit upon acceptance of $7,500.00*, Title company & closing cost allocation, Closing within 45 days of acceptance, Possession at closing. *$7500 deposit forfeited if buyer elects not to close.

Last Agent to Sell the Property

Len Partin

Century 21 Bolte Real Estate License #185349 Listed on: 05/25/2015

Co-Listed By

Glenda Ward

Century 21 Bolte Real Estate License #425628

Last Buyer's Agent

Len Partin

Century 21 Bolte Real Estate License #185349 Listed on: 05/25/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,524

Lot Details

  • 3.5 Acre Lot
  • Lake Front
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 0152019443190000

Property Details

Property Type

Land

Est. Annual Taxes

$5,524

Lot Details

0

Listing Details

  • PropertySubType: Commercial,Unimproved Land
  • PropertyType: Land
  • LotFeatures: Wooded
  • Lot Size Acres: 3.5
  • Co List Office Mls Id: F11302
  • MLS Status: Sold
  • Directions: SR 163 through Marblehead, south of lighthouse.
  • Tax Year: 2014
  • Special Features: Auction
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake, Lake Erie
  • Waterfront: Yes

Utilities

  • Electricity On Property: No

Schools

  • Junior High Dist: Danbury

Lot Info

  • Lot Size Sq Ft: 152460
  • ResoLotSizeUnits: Acres
  • Parcel Number: 0152019443190000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5524.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Aug 14, 2015
Sold by
Hetzel Rental Ltd
Bought by
M & M Kinney Llc
Seller's Agent
Len Partin
Century 21 Bolte Real Estate
Buyer's Agent
Len Partin
Century 21 Bolte Real Estate
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$659,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,456
Avg. Annual Appreciation
7.10%
Original Mortgage
$227,500
Outstanding Balance
$144,609
Interest Rate
5.75%
Mortgage Type
Commercial
Estimated Equity
$514,847

Purchase Details

Closed on
May 1, 1996
Sold by
Nilene M Cranmer
Bought by
Hetzel Rental Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
M & M Kinney Llc $325,000 Hartung Title
Hetzel Rental Ltd $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & M Kinney Llc $227,500
Previous Owner Hetzel Rental Ltd $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $325,000 0.0% --
06/30/2015 06/30/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $325,000 -- --
Source: Firelands 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
2024 $8,496 $243,443 $190,407 $53,036
2023 $8,496 $206,291 $160,304 $45,987
2022 $7,383 $206,291 $160,304 $45,987
2021 $7,400 $206,280 $160,300 $45,980
2020 $4,653 $113,750 $110,060 $3,690
2019 $4,520 $113,750 $110,060 $3,690
2018 $4,524 $113,750 $110,060 $3,690
2017 $5,563 $141,040 $117,550 $23,490
2016 $5,494 $141,040 $117,550 $23,490
2015 $5,553 $141,040 $117,550 $23,490
2014 $2,762 $141,040 $117,550 $23,490
2013 $5,187 $141,040 $117,550 $23,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20152832

APN: 015-2019431906000