NOT LISTED FOR SALE

10773 Torch Light Ln Central Lake, MI 49622

Estimated Value: $365,000 - $601,000

2 Beds
1.5 Baths
1,100 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $170,000 $155 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,570/month

52 Days on Market

Highlights

  • Water Views
  • Lake Privileges
  • Wooded Lot
  • Dock Facilities
  • Contemporary Architecture
  • Corner Lot

About This Home

As of February 2015

Thought you couldn't afford a vacation home on Torch Lake? Think Again!! Beautifully renovated chalet style cottage with shared frontage on TORCH LAKE!! Open floor plan, high end wood laminate floors. Spacious loft acts as 3rd bedroom. Newer mechanicals and appliances. New windows and roof. Attached shed for easy storage. Wake up to the Caribbean blue view of the lake. Seasonal rental business available. Assoc. covers ground maintenance, garbage, dock in/out, dock harbor/beach maintenance & water. Loft adds another 126 sq ft.

Last Agent to Sell the Property

Julie Rea

Real Estate One-Rochester License #6501370787 Listed on: 12/02/2014

Real Estate One-Rochester

Last Buyer's Agent

Julie Rea

Real Estate One-Rochester License #6501370787 Listed on: 12/02/2014

Real Estate One-Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2013

Lot Details

  • Corner Lot
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Water Views
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Shed

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050256500700

Community Details

Overview

  • Mike Blazo Association
  • Torchlight Resort Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,060

Year Built

Built in 1950 | Remodeled in 2013

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dryer, Microwave, Refrigerator, Washer
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: TORCH LAKE
  • Foundation Details: Slab
  • Construction Materials: Wood
  • Frontage Feet: 150
  • Road Frontage Type: Gravel
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 800
  • Association Contact: MIKE BLAZO
  • Association Fee: No

Schools

  • School District: Central Lake

Lot Info

  • Lot Features: Corner Lot, Water View, Vacation Home, Wooded
  • Lot Dimensions: IRREG
  • Parcel Number: 050256500700

Tax Info

  • Tax Amount Summer: 1556.0000
  • Tax Amount Winter: 504.0000
  • Total Tax: 2060.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Central Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 27, 2015
Sold by
Rea Jonathan T and Rea Julie A
Bought by
Vansetter Zachary R and Vansetter Kelli
Seller's Agent
Julie Rea
Real Estate One-Rochester
Buyer's Agent
Julie Rea
Real Estate One-Rochester
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Current Estimated Value
$458,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,763
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Dec 17, 2008
Bought by
Rea Jonathan T and Rea Julie A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Vansetter Zachary R $170,000 Capital Title Insurance Agen
Rea Jonathan T $105,000 --
Rea Jonathan T $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $170,000 -15.0% $155 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $199,900 -- $182 / Sq Ft
Source: Realcomp

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
2024 $38 $173,100 $0 $0
2023 $3,642 $123,300 $0 $0
2022 $3,667 $111,500 $0 $0
2021 $3,532 $104,500 $0 $0
2020 $3,493 $106,900 $0 $0
2019 $3,413 $92,300 $0 $0
2018 $3,322 $79,900 $0 $0
2017 $3,224 $81,200 $0 $0
2016 $2,376 $78,400 $0 $0
2015 -- $71,600 $0 $0
2014 -- $65,200 $0 $0
2013 -- $52,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214122827

Realcomp

APN: 05-02-565-007-00