J
Seller's Agent in 2016
John Washburn
Coldwell Banker Schmidt Traver
10131 Us Highway 31 Interlochen, MI 49643
Estimated Value: $479,000 - $761,827
4
Beds
3
Baths
8,854
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Barn
- Forced Air Heating and Cooling System
- 2,500 Feet of Waterfront
- 36.87 Acre Lot
- Baseboard Heating
About This Home
As of December 2016Unique opportunity for someone with a vision. 36.87 acres along US 31 with its own private lake. Currently 9 rental apartments, plus 2 small homes. 6 of the acres could be zoned commercial which opens up lots of possibilities for development or upgrade the existing structures and continue leasing apartments. State nature preserve adjoins to the west. Property is being sold as is. Water frontage is approximate.New boiler and new roof on main building.
Last Agent to Sell the Property
John Washburn
Coldwell Banker Schmidt Traver License #6501291352 Listed on: 10/29/2012
Last Buyer's Agent
John Welsh
Coldwell Banker Schmidt-Leland License #6502113014
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,863
Year Built
- Built in 1970
Lot Details
- 36.87 Acre Lot
- 2,500 Feet of Waterfront
- The community has rules related to zoning restrictions
Property Views
- Water
- Seasonal
Home Design
- Fixer Upper
- Brick Exterior Construction
- Asphalt Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 8,854 Sq Ft Home
- 2-Story Property
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Heating System Uses Steam
- Well
- Cable TV Available
Additional Features
- Deeded Waterfront Access Rights
- Barn
Community Details
- 12 Units
Listing and Financial Details
- Rent includes exterior maintenance, trash removal, snow removal, heating/cooling, water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2012
Closed on
Dec 27, 2016
Seller's Agent
John Washburn
Coldwell Banker Schmidt Traver
Buyer's Agent
John Welsh
Coldwell Banker Schmidt-Leland
List Price
$299,900
Sold Price
$240,000
Premium/Discount to List
-$59,900
-19.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,292
Avg. Annual Appreciation
10.91%
Purchase Details
Closed on
Jun 20, 1991
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $240,000 | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2016 12/27/16 | Sold | $240,000 | -20.0% | $27 / Sq Ft |
| 12/08/2016 12/08/16 | Pending | -- | -- | -- |
| 10/29/2012 10/29/12 | For Sale | $299,900 | -- | $34 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $6,863 | $400,200 | $0 | $0 |
| 2024 | $5,631 | $384,900 | $0 | $0 |
| 2023 | $5,377 | $232,000 | $0 | $0 |
| 2022 | $6,214 | $248,800 | $0 | $0 |
| 2021 | $6,050 | $232,000 | $0 | $0 |
| 2020 | $5,991 | $170,800 | $0 | $0 |
| 2019 | $5,887 | $151,800 | $0 | $0 |
| 2018 | $5,612 | $138,200 | $0 | $0 |
| 2017 | -- | $125,700 | $0 | $0 |
| 2016 | $5,942 | $125,100 | $0 | $0 |
| 2014 | $5,942 | $120,900 | $0 | $0 |
| 2012 | $5,942 | $193,520 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2016
John Welsh
Coldwell Banker Schmidt-Leland
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1740484
APN: 07-017-001-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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