NOT LISTED FOR SALE

Parcel E Alabaster Rd Sherman Township, MI 48748

Estimated Value: $408,000

18.75 Acres
$21,760 Price per Acre
816,750 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $250,000

Est. 63% increase in value since last sale

Current estimated payment $2,282/month

770 Days on Market

About This Lot

As of August 2024

UNIQUE OPPORTUNITY TO OWN ACREAGE ON PRIVATE 95 ACRE ALL SPORTS EMERALD LAKE WITHIN A GATED COMMUNITY! BUILD YOUR DREAM VACATION OR FULL-TIME RESIDENCE ON THIS 19 ACRE PARCEL OVERLOOKING THE LAKE THAT OFFERS BREATHTAKING BIRDS EYE VIEWS AND OVER 1500 FEET OF WATER FRONTAGE. THIS HIDDEN GEM IS CONVENIENTLY LOCATED JUST 2 HOURS NORTH OF OAKLAND COUNTY BETWEEN STANDISH & TAWAS FOR QUICK WEEKEND GETAWAYS OR LONG LEISURELY VACATIONS. ENJOY NUMEROUS OUTDOOR ACTIVITIES SUCH AS BOATING, HUNTING & FISHING (BOTH SUMMER AND WINTER W/MANY VARIETIES OF WILDLIFE & FISH), HIKING, BIKING, SNOWMOBILING, SKIING & MORE OR SIMPLY RELAX IN A COMFY CHAIR OR HAMMOCK AND ENJOY THE SERENITY OF IT ALL! THIS IS SHOWN BY APPOINTMENT ONLY TO RESPECT THE PRIVACY OF THE CURRENT RESIDENTS - CALL TODAY TO SCHEDULE YOUR OWN PRIVATE TOUR!!

Last Agent to Sell the Property

Tammy Bowles

Berkshire Hathaway HomeServices Michigan Real Est License #6501282050 Listed on: 05/02/2022

Berkshire Hathaway HomeServices Michigan Real Est

Last Buyer's Agent

Jeffrey Egdell

License #6502432853

Property Details

Property Type

  • Land

Lot Details

  • 18.75 Acre Lot
  • Lot Dimensions are 927 x 1199 x 1580 x 972
  • 1,580 Feet of Waterfront
  • Lake Front

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 09002010000200

Community Details

Overview

  • Property is near a ravine

Recreation

  • Water Sports

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 80000.0000
  • AgentOnly_ListPriceByAcre: 13600.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Emerald Lake
  • Waterfront: Yes
  • Road Frontage Type: Gravel
  • Sideof Street: S
  • Water Frontage Feet: 1580.00
  • Waterfront Description: Lake Front, Water Front

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Lot Info

  • Lot Features: Hilly-Ravine, Water View
  • Lot Size Area: 18.75
  • Lot Dimensions: 927 X 1199 X 1580 X 972
  • Parcel Number: 09002010000200
  • Zoning: Residential

Rental Info

  • Deposit Amount: 51000.00

Tax Info

  • Taxable Value: 76497.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Whittemore Prescott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Aug 6, 2024
Sold by
Felcyn Robert D
Bought by
Parker Katie and Parker Shawn
Seller's Agent
Tammy Bowles
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Jeffrey Egdell
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Views
236
Current Estimated Value
$408,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,000
Original Mortgage
$212,500
Outstanding Balance
$210,091
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Elston Jeffrey S and Elston Kathryn L
Bought by
Elston Jeffrey S and Elston Kathryn L

Purchase Details

Closed on
Nov 28, 2008
Sold by
Felcyn Robert D
Bought by
Elston Jeffrey S and Elston Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.49%
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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Purchase History

Date Buyer Sale Price Title Company
Parker Katie $250,000 None Listed On Document
Elston Jeffrey S -- --
Elston Jeffrey S $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Katie $212,500
Previous Owner Elston Jeffrey S $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $250,000 -2.0% --
06/11/2024 06/11/24 Pending -- -- --
05/02/2022 05/02/22 For Sale $255,000 -- --
Source: Realcomp

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 $1,770 $194,300 $0 $0
2023 $831 $90,600 $90,600 $0
2022 $1,584 $79,400 $79,400 $0
2021 $1,659 $80,000 $80,000 $0
2020 $1,731 $75,700 $75,700 $0
2019 $1,702 $76,300 $76,300 $0
2018 $1,452 $72,300 $72,300 $0
2017 $1,420 $75,400 $75,400 $0
2016 $1,427 $75,400 $0 $0
2015 -- $83,800 $0 $0
2014 -- $88,600 $0 $0
2013 -- $87,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tammy Bowles

    Berkshire Hathaway HomeServices Michigan Real Est

    (248) 770-3557

    30 Total Sales

    Tammy Bowles
    Section Image

  • J

    Buyer's Agent in 2024

    Jeffrey Egdell

    (248) 616-0800

    3 Total Sales

    Jeffrey Egdell
    Section Image
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Map

Source: Realcomp

MLS Number: 2220031862

Realcomp

APN: 090-020-100-002-00

Michigan Iosco County 48748

Parcel E Alabaster Rd, MI

Not Listed for Sale

Lots

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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