Seller's Agent in 2022
Virginia Pelton
CENTURY 21 Northland
(231) 690-0852
234 Total Sales
12346 Smith St Bear Lake, MI 49614
Estimated Value: $283,077
Studio
--
Bath
--
Sq Ft
1.01
Acre Lot
Highlights
- Wooded Lot
- Cooling Available
- Laundry Facilities
- Corner Lot
- Baseboard Heating
About This Home
As of October 2022Great Investment Property in the quaint N. Michigan town of Bear Lake. This property sits 2 blocks from the lake & 4 blocks to public access of the sandy bottom Bear Lake. Rentals in this area are few & this 4 apartment building with garages & on-site laundry is a rare find. All apartment interiors are the same. One apartment seller has just done some renovations & left vacant for showings. There are newer appliances in the units & a new coin laundry in basement of the garage. Apartments are 750 sq ft with 2 bedrooms & either a patio or a deck.The current renters all want to remain & rents go to $725-$765 in July. Seller pays utilities. Seller is getting an estimate on splitting the electric services. 6 stall garage & extra lot complete the property.
Last Agent to Sell the Property
CENTURY 21 Northland License #6501323236 Listed on: 06/28/2022
Last Buyer's Agent
Virginia Pelton
West Shore Rental Management
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,000
Year Built
- Built in 1940
Lot Details
- 1.01 Acre Lot
- Lot Dimensions are 125x200xx180x65x55x136
- Corner Lot
- Wooded Lot
Home Design
- Slab Foundation
- Composition Roof
Parking
- 6 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
- Hot Water Heating System
- Well
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for electricity, gas, trash collection
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2022
Closed on
Oct 31, 2022
Sold by
Bought by
Seller's Agent
Virginia Pelton
CENTURY 21 Northland
Buyer's Agent
Virginia Pelton
CENTURY 21 Northland
List Price
$259,000
Sold Price
$215,000
Premium/Discount to List
-$44,000
-16.99%
Views
32
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
$68,077
Avg. Annual Appreciation
7.59%
Purchase Details
Listed on
Aug 16, 2019
Closed on
Oct 4, 2019
Sold by
Bought by
Seller's Agent
Jermaine Sullivan
CENTURY 21 Northland
Buyer's Agent
Suzanne Riley
Boardwalk Manistee Inc
List Price
$149,000
Sold Price
$154,000
Premium/Discount to List
$5,000
3.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Purchase Details
Closed on
Jun 18, 2014
Sold by
Bought by
Purchase Details
Closed on
Feb 24, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 19, 2008
Sold by
Purchase Details
Closed on
Jul 1, 2000
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $215,000 | -- | ||
| $154,000 | -- | ||
| $100,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $215,000 | -17.0% | -- | |
| 06/28/2022 06/28/22 | For Sale | $259,000 | +68.2% | -- | |
| 10/04/2019 10/04/19 | Sold | $154,000 | +3.4% | -- | View Prior Sale |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- | |
| 08/16/2019 08/16/19 | For Sale | $149,000 | -- | -- |
Source: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,978 | $111,600 | $0 | $0 |
| 2025 | $4,114 | $97,100 | $0 | $0 |
| 2024 | $40 | $85,300 | $0 | $0 |
| 2023 | $3,843 | $79,400 | $0 | $0 |
| 2022 | $3,724 | $67,500 | $9,200 | $58,300 |
| 2021 | $3,669 | $66,000 | $18,300 | $47,700 |
| 2020 | $3,744 | $67,900 | $18,300 | $49,600 |
| 2019 | $3,354 | $66,400 | $18,300 | $48,100 |
| 2018 | $3,288 | $59,000 | $18,300 | $40,700 |
| 2017 | $3,414 | $61,700 | $18,300 | $43,400 |
| 2016 | $3,019 | $61,200 | $18,300 | $42,900 |
| 2015 | -- | $62,400 | $18,300 | $44,100 |
| 2014 | -- | $61,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Pelton
-
J
Seller's Agent in 2019
Jermaine Sullivan
CENTURY 21 Northland
-
Suzanne Riley
Buyer's Agent in 2019
Suzanne Riley
Boardwalk Manistee Inc
(231) 620-9561
8 Total Sales
Map
Source: MichRIC
MLS Number: 22026614
APN: 32-221-718-13
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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