NOT LISTED FOR SALE

127 Lake St Unit 3 Elk Rapids, MI 49629

Estimated Value: $270,848 - $350,000

2 Beds
1 Bath
1,167 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $132,000 $113 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,949/month

19 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Sandy Beach
  • Elk Rapids High School Rated A-
  • Private Dock
  • Cathedral Ceiling

About This Home

As of July 2014

1.5 story brick exterior condo with it's own private dock on all sports Bass Lake in the Village of Elk Rapids. Partially furnished, new bamboo flooring in living room. Private fenced courtyard entry. Large loft for bedroom/office/rec room. Building has large community room with fireplace and bar. Community laundry room on site. Walk to downtown.

Last Listed By

Tiffany Punturo

EXIT Northern Shores Realty-ER License #6501380371 Listed on: 06/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1995

Lot Details

  • 500 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Fenced Yard
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Mobile Home Park
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof

Interior Spaces

  • 1,167 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Loft
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Patio

Location

  • Ground Level Unit

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, heat, lawn care, snow removal, trash removal, water
  • Bass Lake Condos Community

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,743

Year Built

Built in 1995

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Townhouse
  • Estimated Year Built: 1995
  • Construction: Brick
  • Private Shared: Shared
  • Section Number: 21
  • Year Updated: 2013
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1995

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Skylights, Cathedral Ceilings, Foyer Entrance, Pantry, Loft, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Family Room: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x9, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 16x13, On Level: Main Floor, Flooring: Other
  • Estimated Above Ground Finished Sq Ft: 1167
  • Price Per Sq Ft: 113.11
  • Range: R 9W
  • Total Finished Sf Apx: 1167

Exterior Features

  • Body Of Water: Bass Lake
  • Exterior Features: Sprinkler System, Patio, Fenced Yard, Handicap Access
  • Exterior Finish: Brick
  • Foundation: Crawl Space, Slab
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Private Dock, Rocky Shoreline, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 500

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Baseboard, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Heat, Lawn Care, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 2760
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Community Dock, Pets Allowed, Common Area
  • Development Name: Bass Lake Condos

Schools

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

Lot Info

  • Deeded Waterfront: Yes
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None, Mobile Home Park
  • Zoning Use Restrictions: Residential

Tax Info

  • Other Taxes: 322
  • Summer Taxes: 1790
  • Total Taxes: 2743
  • Winter Taxes: 630
  • Year Summer: 2013
  • Year Winter: 2013

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

Listed on
Jun 1, 2014
Closed on
Jul 9, 2014
Sold by
Jeanne D Jeanne D
Bought by
Melnyk Steven A and Melnyk Christine A
Seller's Agent
Tiffany Punturo
EXIT Northern Shores Realty-ER
Buyer's Agent
Christian Nelson
RE/MAX Of Elk Rapids
List Price
$142,500
Sold Price
$132,000
Premium/Discount to List
-$10,500
-7.37%
Total Days on Market
19
Current Estimated Value
$307,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,962
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Mar 26, 2010
Bought by
Dodd Jeanne D

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
Melnyk Steven A $132,000 --
Dodd Jeanne D $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $132,000 -7.4% $113 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $142,500 -- $122 / 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
2024 $35 $108,000 $0 $0
2023 $3,321 $78,400 $0 $0
2022 $2,706 $69,900 $0 $0
2021 $2,604 $73,900 $0 $0
2020 $2,510 $65,300 $0 $0
2019 $2,542 $67,700 $0 $0
2018 $3,224 $69,200 $0 $0
2017 $3,163 $66,800 $0 $0
2016 $2,763 $60,000 $0 $0
2015 -- $60,100 $0 $0
2014 -- $57,600 $0 $0
2013 -- $51,200 $0 $0
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1785387

Northern Great Lakes REALTORS® MLS

APN: 05-43-065-003-00