Seller's Agent in 2022
Michael Defauw
Sine & Monaghan LLC
(313) 820-5428
211 Total Sales
10872 Cherry Ave Rapid City, MI 49676
Estimated Value: $1,174,000
15.02
Acres
$78,162
Price per Acre
654,271
Sq Ft Lot
Highlights
- Access To Lake
- Waterfront
- 15.02 Acre Lot
- Elk Rapids High School Rated A-
About This Lot
As of October 2022Luxury waterfront parcel on Elk Lake! This rare vacant lot is just waiting for you to build your dream home. With over 15 acres and 235 feet of private waterfront, this is the largest available parcel on the east side of one of Northern Michigan's most desired bodies of water. This property features incredible sunsets, 1/2 mile winding private road, large wooded portion with a mixture of evergreens and hardwoods, hilly topography, as well as absolute privacy for those looking to get away from it all! Elk Rapids is a short boat ride or drive around this beautiful all sports lake with all that it has to offer including golf course, beach, parks, restaurants, shopping district and so much more. Elk Lake is exceptional as it is connected to the coveted 75 mile long Chain of Lakes waterway and world renowned Torch Lake. Close proximity to Traverse City, Petoskey, Boyne City and Harbor Springs. Look no further, this is the place to build and make memories to last generations!
Last Agent to Sell the Property
Sine & Monaghan LLC License #MISPE-6501387091 Listed on: 07/20/2022
Last Buyer's Agent
Lil Mamo
Premiere Realty Group-Trenton License #MCAR-3587
Property Details
Property Type
- Land
Est. Annual Taxes
Lot Details
- 15.02 Acre Lot
- 235 Ft Wide Lot
- Waterfront
Additional Features
- Access To Lake
- Property is near a Great Lake
Listing and Financial Details
- Assessor Parcel Number 05-12-326-013-10
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Oct 10, 2022
Sold by
Defauw Robert J
Bought by
Lusk Anna
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Lil Mamo
Premiere Realty Group-Trenton
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Views
1
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
-$376,000
Avg. Annual Appreciation
6.01%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lusk Anna | $1,550,000 | Ata Nat'L Title Group Llc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $1,550,000 | -6.1% | -- |
| 07/20/2022 07/20/22 | For Sale | $1,650,000 | -- | -- |
Source: Michigan Multiple Listing Service
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 | $111 | $948,300 | $0 | $0 |
| 2024 | $111 | $824,000 | $0 | $0 |
| 2023 | $17,688 | $517,500 | $0 | $0 |
| 2022 | $8,362 | $457,300 | $0 | $0 |
| 2021 | $8,053 | $451,500 | $0 | $0 |
| 2020 | $7,766 | $422,300 | $0 | $0 |
| 2019 | $7,877 | $356,700 | $0 | $0 |
| 2018 | $7,806 | $356,700 | $0 | $0 |
| 2017 | $7,662 | $356,700 | $0 | $0 |
| 2016 | $6,354 | $327,500 | $0 | $0 |
| 2015 | -- | $338,100 | $0 | $0 |
| 2014 | -- | $338,100 | $0 | $0 |
| 2013 | -- | $352,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Defauw
-
L
Buyer's Agent in 2022
Lil Mamo
Premiere Realty Group-Trenton
Map
Source: Michigan Multiple Listing Service
MLS Number: 50083335
APN: 05-12-326-013-10
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