NOT LISTED FOR SALE

105 E Lake Rd Pentwater, MI 49449

Estimated Value: $149,000 - $728,000

0.3 Acres
$1,258,307 Price per Acre
13,068 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $306,000

Est. 23% increase in value since last sale

Current estimated payment $2,475/month

111 Days on Market

Highlights

  • Private Waterfront
  • No HOA
  • Level Lot
  • Docks

About This Lot

As of September 2018

One of a kind lot - nothing else like this on Pentwater Lake! Premier building location for your new home! Breathtaking views, private direct access on Pentwater Lake to Lake Michigan with 93' of Frontage and about $250K in improvements that are no longer even possible to get. This lot includes professional landscaping, underground sprinkling, city water, sewer, natural gas at street, steel lined boat bay w/multiple docking locations, Electricity connected with 200 amp panel, 10K LB hydraulic boat lift, 2 shore power stations with 2-30Amp 1-50Amp hook up w/water, 4 foot concrete apron around entire boat basin, Floating dock inside boat basin (approx 100' of floating dock), & concrete walkway along the waterfront. Easy walk to the Historic town of Pentwater, Mears State Park & Lake Michigan

Last Agent to Sell the Property

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 05/05/2018

Last Buyer's Agent

Mike McKee

McKee Realty, Inc. License #6501150957

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,097

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x198.9x93.3x132.9
  • Private Waterfront
  • 93 Feet of Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned R3, R3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreational Area
  • Water Sports
  • Water Access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$4,097

Lot Details

0.3 Acres

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 66x198.9x93.3x132.9
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 4097.0
  • Tax Info:Zoning3: R3
  • Waterfront Options:Water Access YN: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Waterfront Options:Water Frontage3: 93.0
  • Utilities Attached:Public Water2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 325000.0
  • Lot Features: Buildable, Cleared, Recreational, Sidewalk
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Water Body Name: Pentwater Lake
  • Waterfront Features: All Sports, Dock, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13213.0
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4097.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Schrager Bernard and Schrager Toni
Bought by
Shaver James Robert
Current Estimated Value
$377,492

Purchase Details

Listed on
May 5, 2018
Closed on
Sep 21, 2018
Sold by
Horning Kenneth Lee and Horning Julia A
Bought by
Schrager Bernard and Schrager Toni
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
Mike McKee
McKee Realty, Inc.
List Price
$325,000
Sold Price
$306,000
Premium/Discount to List
-$19,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 31, 2015
Sold by
Julie Anne Boersma Revocable Living Trus
Bought by
Horning Ii Kenneth Lee and Horning Julie A
Seller's Agent
Pamela Buck
Five Star Real Estate - Ludington
Buyer's Agent
Pamela Buck
Five Star Real Estate - Ludington
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$224,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2007
Sold by
Boersma Drew H and Boersma Julie A
Bought by
Boersma Julie A and Boersma Julie Anne

Purchase Details

Closed on
Nov 14, 2006
Sold by
Friends Of Pentwater Llc
Bought by
Boersma Drew and Boersma Julie

Purchase Details

Closed on
Nov 9, 1999
Sold by
Pentwater Moore and Pentwater Vill Inc138
Bought by
Pentwater Moore and Pentwater Vill Inc138
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shaver James Robert -- Oceana Land Title Agency Inc
Schrager Bernard $306,000 Star Title Agency Llc
Horning Ii Kenneth Lee $280,000 Lighthouse Title Inc
Boersma Julie A -- None Available
Boersma Drew $350,000 Oceana Land Title Agency Inc
Pentwater Moore $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horning Ii Kenneth Lee $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $306,000 -5.8% --
08/24/2018 08/24/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $325,000 +16.1% --
07/31/2015 07/31/15 Sold $280,000 -3.4% -- View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $290,000 -- --
Source: MichRIC

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 $5,872 $167,300 $167,300 $0
2024 $3,375 $159,400 $159,400 $0
2023 $5,329 $157,600 $157,600 $0
2022 $6,959 $129,000 $0 $0
2021 $6,777 $117,100 $117,100 $0
2020 $5,066 $86,800 $86,800 $0
2019 $4,961 $84,700 $0 $0
2018 $5,082 $92,400 $0 $0
2017 $5,082 $92,400 $0 $0
2016 -- $102,200 $0 $0
2013 -- $102,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18018816

MichRIC

APN: 044-600-135-00

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