Seller's Agent in 2024
Jeffry Kermath
KERMATH REALTY LLC
(734) 649-4903
651 Total Sales
115 Dexter St Unit 5 Elk Rapids, MI 49629
Estimated Value: $388,000 - $457,008
2
Beds
2
Baths
1,100
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Water Views
- Public Water Access
- Ground Level Unit
- Elk Rapids High School Rated A-
- Second Garage
- Solid Surface Countertops
About This Home
As of March 2024MULTIPLE OFFERS, HIGHEST AND BEST DUE 3.15 7 P.M. Live right downtown Elk Rapids while enjoying water views of Elk Lake marina and sunsets over Lake Michigan right from your back porch. This rarely available first floor corner unit is being sold turn key. Ready for you and your family to start making northern Michigan memories right away. Have your boat in your backyard in the marina and take a run through the chain of lakes up to Torch lake, or put it in just a few feet away into Lake Michigan and make your way to Traverse City. This sought after clean 2 bedroom 2 full bath condo even includes a 1 car garage and additional storage space. Additional company wanting to join in, the brand new boutique hotel right accross the street that is opening in summer of 2024 will keep everyone close. With low HOA dues at only $200 per month, forget the worries of mowing and maintenance. Everything you can think of is just a few feet away. Beaches, bars, restaurants, movie theater, coffee bars, tennis courts, pickleball courts, playground, brewery, marina, weekly farmers market. And just 20 min from Traverse City. No STR.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,025
Year Built
- Built in 1986
Lot Details
- Level Lot
- The community has rules related to zoning restrictions
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,100 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Gas Fireplace
- Formal Dining Room
- Water Views
- Crawl Space
- Washer
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Detached Garage
- Second Garage
- Garage Door Opener
Outdoor Features
- Public Water Access
- Waterfront Park
- Covered Patio or Porch
Location
- Ground Level Unit
- Property is near a Great Lake
Schools
- Elk Rapids High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
Overview
- Association fees include trash removal, snow removal, lawn care, exterior maintenance
- Elk River Cove Condo Community
Amenities
- Common Area
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2024
Closed on
Mar 28, 2024
Sold by
Bradley John and Bradley Tonya
Bought by
Templeton Ben
Seller's Agent
Jeffry Kermath
KERMATH REALTY LLC
Buyer's Agent
Dean Templeton
Coldwell Banker Schmidt Traver
List Price
$389,000
Sold Price
$399,950
Premium/Discount to List
$10,950
2.81%
Views
55
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
$21,802
Avg. Annual Appreciation
3.53%
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 |
|---|---|---|---|
| Templeton Ben | $399,950 | Chicago Title/Mi |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $399,950 | +2.8% | $364 / Sq Ft | |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- | |
| 03/13/2024 03/13/24 | For Sale | $389,000 | +11.1% | $354 / Sq Ft | |
| 06/08/2023 06/08/23 | Sold | $350,000 | +7.7% | $318 / Sq Ft | View Prior Sale |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- | |
| 05/12/2023 05/12/23 | For Sale | $325,000 | -- | $295 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
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 | $10,035 | $200,000 | $0 | $0 |
| 2024 | $89 | $191,600 | $0 | $0 |
| 2023 | $2,912 | $191,700 | $0 | $0 |
| 2022 | $2,117 | $159,000 | $0 | $0 |
| 2021 | $2,027 | $148,700 | $0 | $0 |
| 2020 | $1,914 | $137,900 | $0 | $0 |
| 2019 | $1,993 | $135,000 | $0 | $0 |
| 2018 | $3,012 | $123,800 | $0 | $0 |
| 2017 | $2,957 | $121,700 | $0 | $0 |
| 2016 | $2,397 | $118,500 | $0 | $0 |
| 2015 | -- | $119,000 | $0 | $0 |
| 2014 | -- | $91,800 | $0 | $0 |
| 2013 | -- | $84,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffry Kermath
-
Dean Templeton
Buyer's Agent in 2024
Dean Templeton
Coldwell Banker Schmidt Traver
(231) 357-3326
74 Total Sales
-
Kellie Sergent
Seller's Agent in 2023
Kellie Sergent
Century 21 Northland-Elk Rapids
(231) 499-1814
96 Total Sales
-
Robin Vanderkaay
Buyer's Agent in 2023
Robin Vanderkaay
Century 21 Northland-Elk Rapids
(248) 321-2409
49 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1920140
APN: 05-43-500-005-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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