NOT LISTED FOR SALE

Estimated Value: $487,000 - $922,000

3 Beds
2.5 Baths
3,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $350,000 $103 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,721/month

101 Days on Market

Highlights

  • Guest House
  • Water Access
  • Deck
  • Chikaming Elementary School Rated A-
  • Cape Cod Architecture
  • 2-minute walk to Harbert Community Park

About This Home

As of June 2021

Cash-flowing vacation rental close to Lake Michigan in Harbor Country. Motivated seller! Features 2 units: a 2,500 SF home, 600 SF guesthouse, 900 SF unfinished basement. The property has occupancy for 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate. Financials available with signed confidentiality agreement (see documents). This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C-H (Commercial Mixed Use - Harbert Town Ctr) with grandfathered special land use permit for residential. Lease-option contract available with seasonal rent adjustment. Interior photos available on AirBnB (see agent remarks for link)

Last Agent to Sell the Property

Jonathon Hallberg

NAI Wisinski of West Michigan License #6501423023 Listed on: 12/21/2020

Co-Listed By

Joshua Jacobs

NAI Wisinski of West Michigan

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1950

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 216 x 417 x 125 x 303
  • Flag Lot
  • Back Yard Fenced

Parking

  • Unpaved Driveway

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Replacement Windows
  • Living Room
  • Dining Area
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Water Access
  • Deck

Additional Homes

  • Guest House

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 216 x 417 x 125 x 303
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3380.0
  • Tax Info:Zoning3: C
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Hot Water: Yes
  • Lot Description:Flag Lot: Yes
  • General Property Info:SqFt Above Grade: 2500.0
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Architectural Style Cape Cod: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Log, Recreation Room
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 3400.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 900.0
  • Basement Rooms:Total Basement SQFT: 900.0
  • Fireplace:Gas Log: Yes
  • Fireplace:Rec Room: Yes
  • Below Grade Sq Ft: 900.0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Fencing: Fenced Back
  • List Price: 360000.0
  • Lot Features: Flag Lot
  • Other Structures: Guest House
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public, Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.96
  • Lot Size Area: 0.96
  • Lot Dimensions: 216 x 417 x 125 x 303
  • Lot Size Sq Ft: 41818.0
  • Zoning Description: C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3380.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Jun 30, 2021
Sold by
Putnam Kristy J
Bought by
Fedore Ivan and Dresser Caroline
Seller's Agent
Jonathon Hallberg
NAI Wisinski of West Michigan
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$485,000
Sold Price
$350,000
Premium/Discount to List
-$135,000
-27.84%
Current Estimated Value
$652,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,954
Avg. Annual Appreciation
16.23%
Original Mortgage
$332,500
Outstanding Balance
$304,296
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$357,889

Purchase Details

Listed on
Dec 21, 2020
Closed on
Jun 17, 2021
Sold by
Peacock Place Llc
Bought by
Putnam Kristy J
Seller's Agent
Jonathon Hallberg
NAI Wisinski of West Michigan
Buyer's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
List Price
$485,000
Sold Price
$350,000
Premium/Discount to List
-$135,000
-27.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$304,296
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$357,889

Purchase Details

Closed on
Apr 6, 2016
Sold by
Putnam Kristy J
Bought by
Peacock Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 24, 2012
Closed on
May 31, 2013
Sold by
Newcomb J Kelly and Damassa Jessica C
Bought by
Putnam Kristy J
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Tom Hemingway
RE/MAX Harbor Country
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$55,000
Interest Rate
2.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Kavanaugh Allen A
Bought by
Newcomb J Kelly and Damassa Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Kuball Douglas E
Bought by
Kavanaugh Allen A

Purchase Details

Closed on
Jun 1, 2006
Sold by
Kuball Douglas E
Bought by
Kuball Douglas E

Purchase Details

Closed on
Aug 25, 1995
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
Fedore Ivan $350,000 Sun Title Agency Of Michigan
Putnam Kristy J -- Sun Title Agency Of Michigan
Peacock Place Llc -- Fat
Putnam Kristy J -- Multiple
Newcomb J Kelly -- Mtc
Kavanaugh Allen A -- None Available
Kuball Douglas E -- None Available
-- $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fedore Ivan $332,500
Previous Owner Peacock Place Llc $225,000
Previous Owner Putnam Kristy J $55,000
Previous Owner Newcomb J Kelly $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $350,000 -27.8% $103 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $485,000 +125.6% $143 / Sq Ft
05/31/2013 05/31/13 Sold $215,000 -6.5% $111 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $230,000 -- $119 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $3,111 $282,400 $0 $0
2024 $2,331 $264,600 $0 $0
2023 $2,221 $197,200 $0 $0
2022 $2,115 $129,800 $0 $0
2021 $3,556 $120,600 $26,300 $94,300
2020 $3,513 $125,500 $0 $0
2019 $3,381 $86,300 $23,200 $63,100
2018 $3,318 $86,300 $0 $0
2017 $3,459 $94,200 $0 $0
2016 $3,294 $90,100 $0 $0
2015 $3,284 $97,300 $0 $0
2014 $1,262 $83,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20005542

Southwestern Michigan Association of REALTORS®

APN: 11-07-0010-0042-04-2