$24,000
SOLD MAY 4, 2021

Parcel J Sumac Trail Frankfort, MI 49635

2.73 Acres
$8,791 Price per Acre
118,919 Sq Ft Lot

Recently Sold

20% Below List Price

746 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Lake Privileges
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Countryside Views

About This Lot

As of May 2021

Buildable lot located above Upper Herring Lake in the Chippewa Hills Estates neighborhood. Enjoy the all-sports Upper Herring Lake with shared lake access. Your home could be nestled in the trees high on a bluff which allows you to enjoy the peacefulness of the area. Reasonable building and use restrictions to retain value. Excellent location to enjoy the outdoors and wildlife. This is your place to enjoy Pure Michigan - close to the Sleeping Bear Dunes, world class trout streams, swimming, boating, fishing, canoeing, kayaking, etc.... Other area attractions within a short driving distance are Arcadia Bluffs, Point Betsie, Interlochen Center for the Arts as well as golfing and skiing at Crystal Mountain. Enjoy shopping and dining in downtown Beulah, Frankfort, and Traverse City. Perk test completed and on file.

Last Agent to Sell the Property

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 04/11/2019

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 04/11/2019

REO-TCBeulah-Frankfort-233027

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $900

Lot Details

  • 2.73 Acre Lot
  • Private Waterfront
  • 163 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Countryside Views

Schools

  • Frankfort Elementary School
  • Frankfort High Middle School
  • Frankfort High School

Utilities

  • Well
  • Private or Community Septic Tank
  • Satellite Dish

Community Details

Overview

  • Chippewa Hills Estates Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Waterfront Park
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$900

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 19
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 8791.21
  • Range: R 15W

Exterior Features

  • Body Of Water: Upper Herring Lake
  • Exterior Features: Countryside View
  • Number Of Acres: 2.73
  • Road: Association, Blacktop
  • Water Features: Priv Frontage (Across Rd), Inland Lake, All Sports, Sandy Bottom, Bluff (greater Than 10ft), Public Lake
  • Waterfront Frontage: 163

Utilities

  • Utilities Available: Electric, Dish Tv
  • Waste Available: Private Septic
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 300
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Lake Privileges, Water Front Park
  • Development Name: Chippewa Hills Estates

Schools

  • School District: Frankfort-Elberta Area Schools
  • Elementary School: Frankfort Elementary School
  • Middle School: Frankfort High School
  • High School: Frankfort High School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Sloping, Hardwoods, Wooded, Evergreens, Bluff Site
  • Lot Dimensions: 360x287x584x
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds, Bldg & Use Restrictions

Tax Info

  • Taxable Value: 16200

MLS Schools

  • Elementary School: Frankfort Elementary School
  • HighSchool: Frankfort High School
  • School District: Frankfort-Elberta Area Schools
  • Middle School: Frankfort High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 4, 2021
Sold by
Darien John and Darien Nicki
Bought by
Keyser Cherie L
Seller's Agent
Jon Zickert
Real Estate One Beulah
Buyer's Agent
Jon Zickert
Real Estate One Beulah
List Price
$30,000
Sold Price
$24,000
Premium/Discount to List
-$6,000
-20%
Current Estimated Value
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,000
Avg. Annual Appreciation
55.07%

Purchase Details

Closed on
Apr 10, 1999
Sold by
Chippewa Hills Dev Inc
Bought by
John Darien and Darien Nicki
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $24,000 Capitol Title Ins Agcy Inc
Grant Deed $81,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $24,000 0.0% --
05/04/2021 05/04/21 Sold $24,000 -20.0% --
04/26/2021 04/26/21 Pending -- -- --
04/07/2021 04/07/21 Pending -- -- --
03/24/2020 03/24/20 For Sale $30,000 0.0% --
04/11/2019 04/11/19 For Sale $30,000 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $900 $36,600 $0 $0
2024 $725 $26,000 $0 $0
2023 $692 $21,600 $0 $0
2022 -- $22,100 $0 $0
2021 -- $24,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859175

Northern Great Lakes REALTORS® MLS

APN: 03-001-069-09