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16753 S Fenmore Road Chapin Twp, MI 48807
153.01 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025056624
Annual Tax Amount $4,500
Lot Size 153.010 Acres
Acres 153.01
Lot Dimensions irregular
Source Greater Regional Alliance of REALTORS®
Property Description
Well here we are again with another fantastic property that I wish I could call my own! Where to begin....the income producing tillable acreage, the income producing timbered acreage, the fence lines, creek bottoms, food plots, fruit trees, multiple access points for hunting, the large ranch home, the pole barn and the list goes on.
Let's start with the approx 50 acres of tillable ground that is rented out to the local farmer, the current cash rent is $100 per acre, but easily could be increased. I walked the timber with a local logging company and was given an estimate of $40,000 to $100,000 in marketable timber depending on how 'hard' you cut it. The good stuff is white and red oak which is the predominant species on most of the timbered acreage. There are some very large oak trees out there as it was last timbered in the early 90's. What isn't mature timber is thick, brushy pockets of bedding habitat running along the Bad River and jutting out into the tillable fields.
The approx 1900 square foot home was built in the 1950's and has been very well cared for. It has 3 bedrooms and 2 full bathrooms all with large closets. The 2 car garage is insulated . There are two living rooms, one facing the road and one facing out the back where you have a great view of the fields and a few apple trees. Seller states there are deer in the yard all the time and had a couple 'shooter' bucks walking up the driveway this summer. There is a full basement for lots of storage and/or another family room as there is a fireplace both up and downstairs. A 30 by 40 all metal (roof and siding) pole barn makes room for small farm equipment and toys. No concrete floor, just dirt.
A new drainfield and septic tank are the most recent upgrades to the home. The cast iron plumbing was replaced with PVC at that time. The roof is newer as well being replaced 8-9 years ago.
While walking this property last week (end of October) I jumped an approx 140 Current use is Agricultural,Farm,Hunting,Recreational,Residential.
Location
State MI
County Saginaw
Area Chapin Twp
Zoning Residential
Direction M57 east from US127 approx 12 miles to Fenmore Rd. South one half mile to address.
Exterior
Waterfront Description Private Water Frontage,Stream
Road Frontage Paved
Building
Lot Description Farm, Level, Wooded
Additional Building Pole Barn
Schools
School District Ovid Elsie
Others
Tax ID 12091153001000
Acceptable Financing Cash, Conventional, USDA Loan (Rural Dev)
Listing Terms Cash, Conventional, USDA Loan (Rural Dev)
Financing Cash,Conventional,USDA Loan (Rural Dev)
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