NOT LISTED FOR SALE

9302 Red Arrow Hwy Watervliet, MI 49098

Estimated Value: $1,007,749

87 Acres
$11,583 Price per Acre
3,789,720 Sq Ft Lot

Last Sold October 25, 2012

Last sale price $375,000

Est. 169% increase in value since last sale

Current estimated payment $5,933/month

203 Days on Market

About This Lot

As of October 2012

Investment opportunity! 87.5 acres ON Red Arrow Hwy in Red Arrrow Commercial corridor, within 2 miles of new Casino at Hartford. Drastic price reduction. Premiere feature is acreage, however, there is a Farm Home w/ many updates, 2 barns (1 pole construction), 3 ponds, beautiful creek throughout, rich black soil, hardwood tree forest, tillable ground, now in crop (reserved for 2011). Live, Invest, Farm, or all 3 at amazing price. Must be sold, looking at all reasonable offers! Redundant listing of 11001773.

Last Agent to Sell the Property

Jill Ortlieb

Berkshire Hathaway HomeServices MI License #6501321301 Listed on: 10/21/2011

Last Buyer's Agent

Jill Ortlieb

Berkshire Hathaway HomeServices MI License #6501321301 Listed on: 10/21/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,802

Lot Details

  • 87 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Agricultural, Agricultural

Location

  • Mineral Rights

Property Details

Property Type

Land

Est. Annual Taxes

$1,802

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1802.0
  • Tax Info:Zoning3: Agricultural
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Cleared: Yes
  • Mineral Rights:Yes: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 400000.0
  • Lot Features: Cleared, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: None Connected, Natural Gas Available, Electric Available

Lot Info

  • Lot Size Acres: 87.0
  • Lot Size Area: 87.0
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 3789720.0
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1802.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Oct 25, 2012
Sold by
Yore Trent J and Calloway Kelly J
Bought by
Indiana Michigan Power Company
Seller's Agent
Jill Ortlieb
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jill Ortlieb
Berkshire Hathaway HomeServices MI
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Current Estimated Value
$1,007,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,749
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Jun 1, 1994
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
Indiana Michigan Power Company -- Meridian Title Corp
-- $85,000 --
-- $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2012 10/25/12 Sold $375,000 -6.3% --
05/11/2012 05/11/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $400,000 -- --
Source: Southwestern Michigan 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 $7,780 $191,700 $0 $0
2024 $5,978 $173,600 $0 $0
2023 $5,693 $156,700 $0 $0
2022 $5,897 $160,100 $0 $0
2021 $8,227 $156,900 $0 $0
2020 $7,540 $156,800 $0 $0
2019 $8,167 $163,900 $0 $0
2018 $7,559 $181,600 $0 $0
2017 $7,454 $172,400 $0 $0
2016 $8,541 $195,300 $0 $0
2015 $8,571 $186,600 $0 $0
2014 $6,136 $181,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jill Ortlieb

    Berkshire Hathaway HomeServices MI

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11057143

Southwestern Michigan Association of REALTORS®

APN: 11-21-0024-0018-02-8

Michigan Berrien County Watervliet 49098

9302 Red Arrow Hwy, Watervliet, MI

This home is located at 9302 Red Arrow Hwy, Watervliet, MI 49098 since 21 October 2011 and is currently estimated at $1,007,749. 9302 Red Arrow Hwy is a home located in Berrien County with nearby schools including South Elementary School, North Elementary School, and Watervliet Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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