NOT LISTED FOR SALE

112 Dexter St Elk Rapids, MI 49629

Estimated Value: $584,169

0.24 Acre
$2,434,038 Price per Acre
10,454 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $500,000

Est. 17% increase in value since last sale

Current estimated payment $3,693/month

1,075 Days on Market

Highlights

  • Bay View
  • Elk Rapids High School Rated A-
  • Corner Lot

About This Lot

As of March 2022

Commercial lot in downtown Elk Rapids. Sunset views of East Grand Traverse Bay, Elk River, and the Edward C. Grace Memorial Harbor. Zoned B-2, Central Business District. Subject property has no front, side or rear set back requirements. Adjacent to municipal parking lot which can serve parking needs of commercial development. Walkable to Veteran's Park with tennis and basketball courts, beach and playground. Adjacent to upper marina and its access to the Chain of Lakes (Elk, Skegemog and Torch Lakes) and the harbor with its access to East Grand Traverse Bay. Residential and commercial uses allowed. Ideal location for a boutique motel, restaurant, condos and shops.

Last Agent to Sell the Property

Anne Perry

Up North Properties License #6501338741 Listed on: 04/12/2019

Last Buyer's Agent

Anne Perry

Up North Properties License #6501338741 Listed on: 04/12/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,403

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85 x 127
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$51,403

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 21
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 2083333.33
  • Range: R 10W

Exterior Features

  • Exterior Features: Bay View
  • Number Of Acres: 0.24
  • Road: Public Maintained, Blacktop
  • Water Features: Water View

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas, Telephone
  • Waste Available: Municipal
  • Water Available: Municipal Water

Schools

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

Lot Info

  • Land Features: Level, Sloping, Cleared, Corner Lot
  • Lot Dimensions: 85 x 127
  • Zoning Use Restrictions: Residential, Commercial, Platted Subdivision

Tax Info

  • Summer Taxes: $4,297.19
  • Winter Taxes: $782.45
  • Year Summer: 2018
  • Year Winter: 2018

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

Closed on
Mar 9, 2010
Bought by
Muskegon Coil Company Lc
Current Estimated Value
$584,169
Source: Public Records

Range of Values:

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Average Value
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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
Muskegon Coil Company Lc $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $500,000 0.0% --
04/12/2019 04/12/19 For Sale $499,900 -- --
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 $51,403 $1,513,800 $0 $0
2024 $455 $981,400 $0 $0
2023 $11,543 $247,700 $0 $0
2022 $5,535 $247,700 $0 $0
2021 $5,326 $247,700 $0 $0
2020 $5,133 $222,300 $0 $0
2019 $5,199 $190,500 $0 $0
2018 $6,593 $127,000 $0 $0
2017 $6,604 $127,000 $0 $0
2016 $5,822 $127,000 $0 $0
2015 -- $127,000 $0 $0
2014 -- $127,000 $0 $0
2013 -- $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859215

Northern Great Lakes REALTORS® MLS

APN: 05-43-250-019-10