NOT LISTED FOR SALE

Estimated Value: $386,000 - $714,000

0.5 Acre
$1,169,024 Price per Acre
21,780 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $32,500

Est. 1,649% increase in value since last sale

Current estimated payment $3,529/month

233 Days on Market

About This Lot

As of October 2020

Build your dream home on this beautiful half acre lot on Cowan Lake with 85 feet of water frontage. Cowan Lake is a 58 acre no-wake lake with awesome fishing, swimming, kayaking and boating. The Cowan Lake Neighborhood is in the process of transferring from private septic systems to community sewer system resulting in a sewer assessment. Estimated time of completion is Summer 2020.

Last Agent to Sell the Property

Evan McPherson

Bellabay Realty LLC License #6501389697 Listed on: 01/14/2020

Bellabay Realty LLC

Last Buyer's Agent

Evan McPherson

Bellabay Realty LLC License #6501389697 Listed on: 01/14/2020

Bellabay Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $274

Lot Details

  • 0.5 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved

Outdoor Features

  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$274

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 38000.0
  • Lot Features: Wooded
  • Road Surface Type: Unimproved
  • Water Body Name: Cowan Lake
  • Waterfront Features: No Wake, Private Frontage
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 274.11
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Boyd Amy
Bought by
Boyd Amy and Shope Paul M
Current Estimated Value
$568,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$362,691
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$188,633

Purchase Details

Listed on
Jan 14, 2020
Closed on
Oct 19, 2020
Sold by
Camille Lieffers Trust
Bought by
Boyd Amy
Seller's Agent
Evan McPherson
Bellabay Realty LLC
Buyer's Agent
Evan McPherson
Bellabay Realty LLC
List Price
$50,000
Sold Price
$32,500
Premium/Discount to List
-$17,500
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.70%

Purchase Details

Closed on
Feb 27, 2015
Sold by
Liefffers Cindy
Bought by
Terry & Camille Lieffers Living Trust

Purchase Details

Closed on
Feb 11, 2015
Sold by
Lieffers Ross and Lieffers Judith M
Bought by
Terry & Camile Lieffers Living Trust
Source: Public Records

Range of Values:

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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
Boyd Amy -- None Available
Boyd Amy $65,000 Ata National Title Group Llc
Terry & Camille Lieffers Living Trust -- Sun Title Agency Of Mi Llc
Terry & Camile Lieffers Living Trust -- Sun Title Agency Of Mi Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Amy $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $32,500 -35.0% --
09/03/2020 09/03/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $50,000 -- --
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 $4,989 $287,300 $0 $0
2024 $4,989 $272,800 $0 $0
2023 $6,617 $220,000 $0 $0
2022 $10,549 $203,300 $0 $0
2021 $1,789 $17,100 $0 $0
2020 $130 $17,900 $0 $0
2019 $2,076 $17,900 $0 $0
2018 $2,081 $17,900 $0 $0
2017 $251 $17,100 $0 $0
2016 $248 $17,000 $0 $0
2015 -- $17,000 $0 $0
2013 -- $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20001668

Southwestern Michigan Association of REALTORS®

APN: 41-08-31-351-004