NOT LISTED FOR SALE

Inverness Township, MI 49721

Estimated Value: $49,168 - $241,000

0.5 Acre
$203,584 Price per Acre
21,780 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $53,500

Est. 90% increase in value since last sale

Current estimated payment $628/month

226 Days on Market

About This Lot

As of August 2023

Located in the Rivers Ridge development, this waterfront home site is nestled on a peaceful cul-de-sac just moments from downtown Cheboygan, shopping, dining and bicycle trails. Enjoy this private, serene neighborhood in natural surroundings and with an abundance of wildlife. This partially wooded site has underground utilities with access to natural gas, cable television, high speed internet and municipal sewer. Ready for your future northern Michigan dream home.

Last Agent to Sell the Property

Chris Etienne

MLS NON-MEMBER Listed on: 12/08/2022

MLS NON-MEMBER

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $785

Lot Details

  • Lot Dimensions are 70x254x120x235
  • Waterfront
  • Sloped Lot

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • Municipal Utilities District Sewer
  • Internet Available

Property Details

Property Type

Land

Est. Annual Taxes

$785

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Features: Home Owners Assoc, Nat Gas Available
  • Electric: Adjacent
  • Directions: From Old 27, turn east on Rivers Ridge Court
  • Lot Size: 70x254x120x235
  • Open House Office I D: 20050121235000453569000000
  • Prop. Type: Land
  • OFFICELIST_STATE: MI
  • Building Style: Frame Only
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: No
  • Basement Type: Vacant Waterfront

Exterior Features

  • Road: Maintained, Paved, Private
  • Waterfront: Yes

Utilities

  • Internet Access: Cable
  • Sewer: Municipal
  • Hot Water: No Well
  • Gas Oil Well Etc: Unknown

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes
  • TaxesAndPossessionAssociationFee: 250
  • TaxesAndPossessionAssociationFeeFrequency: Annually

Condo/Co-op/Association

  • Restrictions: 2.5

Schools

  • School District: Cheboygan Area
  • School District: Cheboygan Area
  • Elem School Dist Number: 1294

Lot Info

  • Topography: Sloping
  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Aug 23, 2023
Sold by
Waisaanen Derek S
Bought by
Olson Brett
Seller's Agent
Chris Etienne
MLS NON-MEMBER
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$59,900
Sold Price
$53,500
Premium/Discount to List
-$6,400
-10.68%
Current Estimated Value
$101,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,292
Avg. Annual Appreciation
35.26%

Purchase Details

Closed on
Apr 28, 2023
Sold by
Waisanen Derek S
Bought by
Waisaanen Derek S and Waisaanen Anne K
Source: Public Records

Range of Values:

Collateral Analytics

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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
Olson Brett $53,500 --
Waisaanen Derek S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $53,500 0.0% --
08/23/2023 08/23/23 Sold $53,500 -10.7% -- View Prior Sale
12/08/2022 12/08/22 For Sale $59,900 0.0% --
11/08/2022 11/08/22 For Sale $59,900 -- --
Source: Water Wonderland Board 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 $785 $13,800 $0 $0
2024 $448 $13,800 $0 $0
2023 $449 $13,800 $0 $0
2022 $184 $12,600 $0 $0
2021 $296 $12,600 $12,600 $0
2020 $815 $12,600 $12,600 $0
2019 $1,057 $31,400 $31,400 $0
2018 $1,148 $31,400 $0 $0
2017 $988 $41,900 $0 $0
2016 $979 $41,900 $0 $0
2015 -- $41,900 $0 $0
2014 -- $41,900 $0 $0
2012 -- $41,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Etienne

    Seller's Agent in 2023

    Chris Etienne

    MLS NON-MEMBER

    (231) 439-2031

    135 Total Sales

    Chris Etienne
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER MLS

    MLS NON-MEMBER

  • N

    Buyer's Agent in 2023

    Non member Emmet

    Emmet Association of Realtors

See All Agents

Source: Water Wonderland Board of REALTORS®

MLS Number: 201822133

Water Wonderland Board of REALTORS®

APN: 092-R20-000-007-00

Michigan Cheboygan County

49721

This home since 08 December 2022 and is currently estimated at $101,792. This home is a home located in Cheboygan County with nearby schools including Cheboygan Intermediate School, East Elementary School, and Cheboygan Area High School.

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