NOT LISTED FOR SALE

11364 Shippey Ln Rapid City, MI 49676

Estimated Value: $2,749,443 - $3,123,000

4 Beds
4.5 Baths
5,266 Sq Ft
$558/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $2,220,000 $422 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,996/month

61 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Elk Rapids High School Rated A-
  • Craftsman Architecture
  • Wooded Lot

About This Home

As of March 2019

ARCHITECTURAL MASTERPIECE ON ELK LAKE! As you approach this gorgeous Timber Frame home you will be captivated by the wooded, secluded setting, flagstone pathway and porch, to the entrance with a custom door beckoning you inside. As you enter the gracious foyer you will be impressed with the beautiful views of the glistening blue waters of Elk Lake from the expansive living areas. The great room is perfect for entertaining your family and friends and is enhanced by 22’ tall ceilings, a soaring stone wood burning fireplace and stately wood beam accents. Designer kitchen with stainless appliances, granite with satin finish, curved bar seating, large walk-in pantry with second refrigerator. The wine aficionado will appreciate the unique wine room. Lower level with family room and stone fireplace; glassed-in four-season sun room; the mud room features built-in lockers & slate floors; main floor laundry room with beautiful cabinetry; office/den; unique lighting and accents. Your new lake home will have plenty of room for your family and guests with four large bedrooms including a main floor master suite with private bath and large walk-in closet; large upper level guest suite with living area, private bedroom & bath; and lower level “boys & girls bedroom suites” each with custom built in bunk beds, large private baths and lots of closet space. Quality construction with unique amenities throughout including furniture grade finish on interior trim and woodwork; gorgeous hardwood floors; leaded stain glass accent wall; array of high end details; radiant floor heat; state of the art technology; central vac and A/C. The oversized 3-car garage offers lots of room, heated floors and storage/workshop. Expansive outdoor living areas with large deck, covered stone patio, extensive landscaping with sprinklers all set on 10 acres. Slow down, sit back and savor the sunset over your 240’ of Elk Lake. Great year around northern Michigan location close to activities for all seasons!

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 12/26/2018

RE/MAX Of Elk Rapids

Last Buyer's Agent

Bob Rieck

Coldwell Banker Schmidt Traver License #6501335328

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,409

Year Built

  • Built in 2013

Lot Details

  • 10.15 Acre Lot
  • Lot Dimensions are 233 x 2165 x 186 x 2121
  • Private Waterfront
  • 233 Feet of Waterfront
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Craftsman Architecture
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 5,266 Sq Ft Home
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Den
  • Solarium
  • Water Views
  • Home Security System

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • Central Air
  • Well
  • Water Heated On Demand
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,409

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Craftsman
  • Estimated Year Built: 2013
  • Construction: Timber Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 35
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Security System, Exhaust Fan, Ceiling Fan, On Demand Water Heater
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Solarium/Sun Room, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room, Den/Study, Beamed Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x15, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 14x12, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x14, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 15x11, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 4.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Flooring: Wood
  • Family Room: Dimensions: 34x18, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 26x16, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 33x18, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 14x7, On Level: Main Floor, Flooring: Other
  • Estimated Above Ground Finished Sq Ft: 3193
  • Estimated Below Grade Finished Sq Ft: 2073
  • Estimated Below Grade Unfinished Sq Ft: 320
  • Price Per Sq Ft: 421.57
  • Range: R 9W
  • Total Finished Sf Apx: 5266

Exterior Features

  • Body Of Water: Elk Lake
  • Exterior Features: Sprinkler System, Deck, Porch
  • Exterior Finish: Stone
  • Foundation: Walkout, Full Finished
  • Number Of Acres: 10.15
  • Road: Gravel, Association, Privately Maintained, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View
  • Waterfront Frontage: 233

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Central Air, Radiant Floor
  • Laundry: Dimensions: 8x11, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Number: F
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 233 X 2165 X 186 X 2121
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 8064.26
  • Taxable Value: 505080
  • Total Taxes: 11409.34
  • Winter Taxes: 3345.08
  • Year Summer: 2018
  • Year Winter: 2018

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2018
Closed on
Mar 6, 2019
Sold by
Wayne Mark and Wayne Kerri
Bought by
Hamilton William E and Hamilton Pamela R
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
List Price
$2,395,000
Sold Price
$2,220,000
Premium/Discount to List
-$175,000
-7.31%
Current Estimated Value
$2,936,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,222
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Hill Ryan D and Hill Michelle M
Bought by
Wayne Mark and Wayne Kerri
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
Hamilton William E -- --
Wayne Mark $400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $2,220,000 -7.3% $422 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $2,395,000 -- $455 / 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 $333 $1,430,500 $0 $0
2024 $333 $1,399,400 $0 $0
2023 $14,810 $1,224,500 $0 $0
2022 $17,968 $860,900 $0 $0
2021 $16,550 $790,500 $0 $0
2020 $29,601 $767,400 $0 $0
2019 $11,218 $580,400 $0 $0
2018 $11,253 $553,900 $0 $0
2017 $20,057 $568,200 $0 $0
2016 $16,633 $535,100 $0 $0
2015 -- $538,200 $0 $0
2014 -- $496,700 $0 $0
2013 -- $160,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1856007

Northern Great Lakes REALTORS® MLS

APN: 05-12-335-013-00