NOT LISTED FOR SALE

109 Elm St Elk Rapids, MI 49629

Estimated Value: $608,000 - $1,078,000

7 Beds
2.5 Baths
3,560 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $328,500 $92 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,140/month

21 Days on Market

Highlights

  • Bay View
  • Corner Lot
  • Den
  • Elk Rapids High School Rated A-
  • Mud Room
  • 4-minute walk to Veterans' Memorial Park Beach Playground

About This Home

As of July 2014

On the National Registry of Historic Places, the Hughes home at 109 Elm Street was built in 1869 as a stagecoach stop/boarding house. Sitting on a double lot in Elk Rapids, it has two separate living areas giving this home tremendous flexibility as to how the new owner can enjoy it. It has already proven itself as a great weekly rental property, but it would also be the perfect B&B, a summer home for an extended family, or a retirement home in a great town with cash flow from the second apartment. The home was renovated last year with new heating and A/C and the main floor has 4 bedrooms, a large kitchen with breakfast nook, 1 1/2 bathrooms, family room, a large living room, and dining room. The upstairs has 3 bedrooms, 1 bath, Kitchen, living room, family room, and a dining room. You will be glad to know that most of the wall paper is gone and that there is a separate 2 car garage. It has a huge covered porch on 2 sides for enjoying the view of Grand Traverse Bay, is a block from downtown Elk Rapids and only a hundred yards away from the water's edge at Memorial park for countless hours of fun for the whole family. The home is also available completely furnished.

Last Agent to Sell the Property

James Eberle

RE/MAX Of Elk Rapids License #6501370479 Listed on: 06/27/2014

RE/MAX Of Elk Rapids

Last Buyer's Agent

James Eberle

RE/MAX Of Elk Rapids License #6501370479 Listed on: 06/27/2014

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 1869

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 132x115
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Bay Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lakeland Elementary School
  • Cherryland Middle School
  • Elk Rapids High School

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Village Of Elk Rapids Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: In-Law Suite or Apartment, Apartment, 2+ Story
  • Estimated Year Built: 1869
  • Construction: Frame
  • Section Number: 20
  • Year Updated: 2012
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1869

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Exhaust Fan, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Foyer Entrance, Breakfast Nook, Island Kitchen, Mud Room, Formal Dining Room, Den/Study, Drywall
  • Bedrooms: 7
  • Bedroom 1: Dimensions: 11'1x15'9, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 15'7x9'8, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 9'6x9'8, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 10'x8'10, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 15'9x9'8, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 13'5x14'9, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12'5x13'4, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 13'3x21'5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 3560
  • Price Per Sq Ft: 92.28
  • Range: R 9W
  • Total Finished Sf Apx: 3560

Exterior Features

  • Exterior Features: Bay View, Covered Porch, Gutters
  • Exterior Finish: Wood
  • Foundation: Partial, Stone, Unfinished
  • Number Of Acres: 0.34
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Detached, Alley Entrance, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Insert, Electric
  • Heating Cooling Types: Forced Air, Central Air, Ductless A/C
  • Laundry: Dimensions: 10'x6', On Level: Main Floor, Flooring: Carpet
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Village of Elk Rapids

Schools

  • School District: Elk Rapids Schools
  • Elementary School: Lakeland Elementary School
  • Middle School: Cherryland Middle School
  • High School: Elk Rapids High School

Lot Info

  • Lot Number: 45,46
  • Land Features: Corner Lot, Level
  • Lot Dimensions: 132x115
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • Elementary School: Lakeland Elementary School
  • HighSchool: Elk Rapids High School
  • School District: Elk Rapids Schools
  • Middle School: Cherryland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Jul 18, 2014
Sold by
George George and Connors Gilmore Marie
Bought by
Conrad Matthew and Conrad Anne
Seller's Agent
James Eberle
RE/MAX Of Elk Rapids
Buyer's Agent
James Eberle
RE/MAX Of Elk Rapids
List Price
$349,900
Sold Price
$328,500
Premium/Discount to List
-$21,400
-6.12%
Current Estimated Value
$884,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,578
Avg. Annual Appreciation
9.22%

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 15, 2012
Sold by
Coburn William H
Bought by
Gilmore George and Connors-Gilmore Marie
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
James Eberle
RE/MAX Of Elk Rapids
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Source: Public Records

Range of Values:

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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
Conrad Matthew $328,500 --
Gilmore George $265,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2014 07/18/14 Sold $328,500 -6.1% $92 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $349,900 +32.0% $98 / Sq Ft
06/15/2012 06/15/12 Sold $265,000 -11.4% $70 / Sq Ft View Prior Sale
06/01/2012 06/01/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $299,000 -- $79 / 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 $5,214 $388,300 $0 $0
2024 $43 $346,000 $0 $0
2023 $4,119 $277,600 $0 $0
2022 $2,994 $248,000 $0 $0
2021 $2,867 $217,500 $0 $0
2020 $2,708 $160,600 $0 $0
2019 $2,818 $129,300 $0 $0
2018 $4,428 $132,800 $0 $0
2017 $4,348 $131,800 $0 $0
2016 $3,524 $125,500 $0 $0
2015 -- $134,000 $0 $0
2014 -- $119,700 $0 $0
2013 -- $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1786876

Northern Great Lakes REALTORS® MLS

APN: 05-43-010-051-00