NOT LISTED FOR SALE

127 Lake St Unit 1 Elk Rapids, MI 49629

Estimated Value: $254,000 - $453,000

2 Beds
1 Bath
1,167 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $215,900 $185 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,981/month

98 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 550 Feet of Waterfront
  • Clubhouse
  • Elk Rapids High School Rated A-
  • Lake Privileges
  • Cathedral Ceiling

About This Home

As of January 2023

Charming Elk Rapids condo! Enjoy main floor living with primary main floor bedroom, galley kitchen, private patio and 550' of shared frontage on Bass Lake. Great location in the Village of Elk Rapids. Walk or ride your bike to beaches, shopping, churches, restaurants, etc. Large, fully furnished common area complete with living room, kitchenette, natural gas fireplace, views of Bass Lake and dining area for entertaining your extended family or friends. The bedroom loft upstairs has extra storage areas. Don't miss the chance to buy this unit. The units don't change hands often! Low HOA fees of $250 per month include your heating as an extra bonus.

Last Agent to Sell the Property

Toni Morrison

REO - Elk Rapids-101308 License #6501313770 Listed on: 10/12/2022

REO - Elk Rapids-101308

Last Buyer's Agent

Christian Nelson

RE/MAX Of Elk Rapids License #6502369390

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31

Year Built

  • Built in 1998

Lot Details

  • 550 Feet of Waterfront
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,167 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Loft
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Parking

  • Shared Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Patio

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Ground Level Unit

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, trash removal
  • Bass Lake Condominium Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$31

Year Built

Built in 1998

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1998
  • Construction: Brick, Frame
  • Private Shared: Shared
  • Section Number: 21
  • Univs Design Barrier Free: Low Threshold Shower
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Interior Amenities: Cathedral Ceilings, Loft, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13.10x9, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x15, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: Combox9.10, On Level: Main Floor
  • Kitchen: Dimensions: 12xcombo, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 16x13, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1167
  • Price Per Sq Ft: 185
  • Range: R 9W
  • Total Finished Sf Apx: 1167

Exterior Features

  • Body Of Water: Bass Lake
  • Exterior Features: Patio, Sidewalk, Landscaped
  • Exterior Finish: Brick
  • Foundation: Crawl Space
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Public Lake
  • Waterfront Frontage: 550

Garage/Parking

  • Driveway: Blacktop, Shared
  • Primary Garage: Assigned Parking Space, Paved Driveway

Utilities

  • Heating Cooling Types: Hot Water, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Trash Removal
  • Annual Association Fees: 3000
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Clubhouse, Lake Privileges, Pets Allowed, Common Area
  • Development Name: Bass Lake Condominium

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jan 25, 2023
Sold by
Lints Michelle D
Bought by
Haspas Karen L
Seller's Agent
Toni Morrison
REO - Elk Rapids-101308
Buyer's Agent
Christian Nelson
RE/MAX Of Elk Rapids
List Price
$235,000
Sold Price
$215,900
Premium/Discount to List
-$19,100
-8.13%
Views
143
Current Estimated Value
$325,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,011
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Jul 15, 2010
Bought by
Lints Michelle D
Source: Public Records

Range of Values:

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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
Haspas Karen L $215,900 Crossroads Title Agcy
Lints Michelle D $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $215,900 -8.1% $185 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/12/2022 10/12/22 For Sale $235,000 -- $201 / 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 $31 $107,900 $0 $0
2024 $31 $108,000 $0 $0
2023 $1,824 $78,400 $0 $0
2022 $1,326 $69,900 $0 $0
2021 $1,269 $73,900 $0 $0
2020 $1,199 $65,300 $0 $0
2019 $1,248 $67,700 $0 $0
2018 $1,886 $69,200 $0 $0
2017 $1,852 $66,800 $0 $0
2016 $1,502 $60,000 $0 $0
2015 -- $60,100 $0 $0
2014 -- $57,600 $0 $0
2013 -- $51,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1905813

Northern Great Lakes REALTORS® MLS

APN: 05-43-065-001-00