NOT LISTED FOR SALE

1002 Leelanau Ave Frankfort, MI 49635

Estimated Value: $300,000 - $528,000

3 Beds
1 Bath
1,052 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $235,000 $223 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,413/month

49 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Solarium
  • Porch
  • Patio

About This Home

As of September 2020

Perfectly located downtown Frankfort home is walkable to the schools, grocery store and beaches. Hard to beat when it comes to the real estate mantra, 'location, location, location"! This 3 bedroom/ 1 bath home is a wonderful spot for its next family to settle in.

Last Agent to Sell the Property

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 07/14/2020

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Julie Williams

REMAX Bayshore - Frankfort License #6501357585

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,594

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60x75
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Solarium
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Stove
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating unit installed on the ceiling
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,594

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 21
  • Univs Design Barrier Free: Covered Entrance, Bathroom Sink, Kitchen Sink
  • Year Renovated: 20
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Cook Top, Exhaust Fan, Blinds, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Solarium/Sun Room, Breakfast Nook
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12.00x7.40, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9.00x9.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.80x14.11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 11.60x21.80, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 11.30x15.20, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1052
  • Price Per Sq Ft: 223.38
  • Range: R 15W
  • Total Finished Sf Apx: 1052

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.1
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Fireplaces And Stoves: Stove
  • Heating Cooling Types: Forced Air, Ceiling
  • Laundry: Dimensions: 10'4"x12', On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Lot Dimensions: 60X75
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 18, 2020
Sold by
Reye Nancy L
Bought by
Reiterman Jeffrey C and Reiterman Andrea L
Seller's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
Buyer's Agent
Julie Williams
REMAX Bayshore - Frankfort
List Price
$285,000
Sold Price
$235,000
Premium/Discount to List
-$50,000
-17.54%
Current Estimated Value
$340,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,253
Avg. Annual Appreciation
9.06%
Original Mortgage
$110,000
Outstanding Balance
$98,774
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$260,283

Purchase Details

Closed on
Jun 7, 2019
Sold by
Lalas James E and Lalas Carolyn K
Bought by
Reye Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2003
Sold by
Lalas James E
Bought by
Lalas James E and Lalas Carolyn K
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 Buyer Sale Price Title Company
Reiterman Jeffrey C $235,000 Mid American Title Co
Reye Nancy L $125,000 Capital Title
Lalas James E $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiterman Jeffrey C $110,000
Previous Owner Reye Nancy L $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $235,000 -17.5% $223 / Sq Ft
07/14/2020 07/14/20 For Sale $285,000 -- $271 / Sq Ft
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 $6,594 $130,200 $0 $0
2024 $5,932 $134,600 $0 $0
2023 $5,540 $129,200 $0 $0
2022 -- $103,800 $0 $0
2021 -- $110,100 $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
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1877217

Northern Great Lakes REALTORS® MLS

APN: 51-020-016-01