25_002725 Land Analysis.pdf
Linda Sucich, Petitioner V Township Of Chikaming, Respondent · 25-002725-TT
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Parcel Number Street Address Sale Date Sale Price Instr. Terms of Sale Adj. Sale $ Asd. when Sold Asd/Adj. Sale Cur. Appraisal Land Residual Est. Land Value Effec. Front Depth Net Acres Total Acres Dollars/FF Dollars/Acre Dollars/SqFt Actual Front ECF Area Liber/Page Other Parcels in Sale Land Table Gravel Paved Inspected Date Use Code Class Rate Group 1 07-0125-0003-32-7 15912 LAKESHORE RD 07/07/2023 $475,000 WD 03-ARM'S LENGTH $475,000 $118,700 24.99 $331,920 $475,000 $331,920 80.0 292.0 0.54 0.54 $5,938 $886,194 $20.34 80.00 '4202 3408/1669 4230 ASSOC ACCESS 0 1 04/09/2024 401 4230 ASS ACCESS 07-0820-0086-00-5 118 HILLSIDE DR 10/07/2022 $830,000 WD 03-ARM'S LENGTH $830,000 $207,800 25.04 $760,218 $642,400 $331,920 80.0 71.0 0.13 0.13 $8,030 $4,941,538 $113.44 80.00 '4202 3388/2501 4230 ASSOC ACCESS 0 1 10/24/2015 401 4230 ASS ACCESS 07-7660-0014-00-9 8677 PORTER RD 11/10/2023 $559,500 WD 03-ARM'S LENGTH $559,500 $188,900 33.76 $517,956 $553,700 $394,155 95.0 189.0 0.41 0.41 $5,828 $1,343,932 $30.85 95.00 '4202 4230 ASSOC ACCESS 1 0 08/21/2023 401 4230 ASS ACCESS 07-0820-0106-03-1 240 RIDGE AVE 09/14/2022 $907,250 WD 03-ARM'S LENGTH $901,200 $356,000 39.50 $1,264,963 $702,000 $746,820 180.0 125.0 0.52 0.52 $3,900 $1,357,834 $31.17 180.00 '4202 3386/0298 4230 ASSOC ACCESS 0 1 09/22/2022 401 4230 ASS ACCESS 07-0900-0029-00-3 CREEKWOOD RD 01/19/2024 $375,000 WD 03-ARM'S LENGTH $375,000 $154,300 41.15 $431,496 $375,000 $431,496 104.0 374.0 0.89 0.89 $3,606 $419,933 $9.64 104.00 '4202 4230 ASSOC ACCESS 1 0 07/13/1987 402 4230 ASS ACCESS 07-0820-0019-00-6 12242 TOWER HILL RD 05/16/2023 $580,000 WD 03-ARM'S LENGTH $580,000 $244,100 42.09 $694,855 $383,025 $497,880 120.0 125.0 0.34 0.34 $3,192 $1,113,445 $25.56 120.00 '4202 3404/1683 4230 ASSOC ACCESS 0 1 05/12/2015 401 4230 ASS ACCESS Totals: $3,726,750 $3,720,700 $1,269,800 $4,001,408 $3,131,125 $2,734,191 659.0 2.83 2.83 Sale. Ratio => 34.13 Average Average Average Std. Dev. => 7.84 per FF=> $4,751 per Net Acre=> 1,105,623.23 per SqFt=> $25.38 Assoc Beach Assoc Beach Parcel Number Street Address Sale Date Sale Price Instr. Terms of Sale Adj. Sale $ Asd. when Sold Asd/Adj. Sale Cur. Appraisal Land Residual Est. Land Value Effec. Front Depth Net Acres Total Acres Dollars/FF Dollars/Acre Dollars/SqFt Actual Front ECF Area Liber/Page Other Parcels in Sale Land Table Gravel Paved Inspected Date Use Code Class Rate Group 1 07-3050-0244-00-7 OAK DR 01/27/2023 $850,000 WD 03-ARM'S LENGTH $850,000 $418,000 49.18 $869,752 $551,600 $552,645 60.0 92.0 1.96 0.13 $9,193 $281,142 $6.45 60.00 '4202 3397/2972 07-0009-0004-53-8 4230 ASSOC ACCESS 1 0 01/29/1901 402 4230 ASS ACCESS 07-0009-0025-00-4 7477 LINWOOD DR 01/31/2024 $1,300,000 WD 03-ARM'S LENGTH $1,300,000 $669,600 51.51 $1,861,253 $801,400 $1,202,649 268.7 250.0 1.45 1.45 $2,983 $552,690 $12.69 319.00 '4202 3420/0038 4230 ASSOC ACCESS 1 0 05/11/2021 401 Totals: $2,150,000 $2,150,000 $1,087,600 $2,731,005 $1,353,000 $1,755,294 328.7 3.41 1.58 Sale. Ratio => 50.59 Average Average Average Std. Dev. => 1.65 per FF=> $4,117 per Net Acre=> 396,541.62 per SqFt=> $9.10 1.5 Acre & Up Parcel Number Street Address Sale Date Sale Price Instr. Terms of Sale Adj. Sale $ Asd. when Sold Asd/Adj. Sale Cur. Appraisal Land Residual Est. Land Value Effec. Front Depth Net Acres Total Acres Dollars/FF Dollars/Acre Dollars/SqFt Actual Front ECF Area Liber/Page Other Parcels in Sale Land Table Gravel Paved Inspected Date Use Code Class Rate Group 1 07-0700-0004-00-8 13772 SUNS END 01/23/2023 $3,000,000 WD 03-ARM'S LENGTH $3,000,000 $814,600 27.15 $2,169,877 $2,631,800 $1,604,376 99.3 190.0 0.43 0.43 $26,517 $6,078,060 $139.53 99.25 '4202 4230 ASSOC ACCESS 1 0 08/18/2021 401 ASSOC VIEW/WALK 07-0830-0044-00-8 544 HILLCREST AVE 12/09/2022 $1,150,000 WD 03-ARM'S LENGTH $1,150,000 $512,100 44.53 $1,777,370 $658,600 $1,126,216 69.7 225.0 0.36 0.36 $9,453 $1,829,444 $42.00 69.67 '4202 3394/2481 4230 ASSOC ACCESS 0 1 10/11/2022 401 ASSOC VIEW/WALK 07-4400-0004-00-1 14220 LAKESHORE RD 09/15/2022 $1,750,000 WD 03-ARM'S LENGTH $1,750,000 $638,100 36.46 $1,612,605 $1,515,600 $1,309,365 81.0 1405.0 2.61 13.06 $18,711 $580,690 $13.33 405.00 '4202 3387/2071 4230 ASSOC ACCESS 0 1 10/27/2022 401 ASSOC VIEW/WALK Totals: $5,900,000 $5,900,000 $1,964,800 $5,559,852 $4,806,000 $4,039,957 249.9 3.40 13.86 Sale. Ratio => 33.30 Average Average Average Std. Dev. => 8.70 per FF=> $19,230 per Net Acre=> 1,412,283.28 per SqFt=> $32.42 Assoc Beach w/ View Assoc Beach w/ View