NOT LISTED FOR SALE

13616 Rex Terrace Rd Rapid City, MI 49676

Estimated Value: $324,760 - $483,000

2 Beds
1 Bath
648 Sq Ft
$654/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $170,000 $262 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,371/month

122 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 2,388 Feet of Waterfront
  • Clubhouse
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • Paneling

About This Home

As of January 2015

Rex Terrace a 110 year old American plan resort with over 2,000 feet on Elk Lake that has been converted into a plat. This unique opportunity is named Band Box, a two bedroom cottage just off the shore of Elk Lake with use of the beaches, boathouse and common grounds of this rare piece of Elk Lake history. Purchaser shall assume $1600 per year for the next 4 years for boathouse renovations.

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 09/09/2014

RE/MAX Of Elk Rapids

Last Buyer's Agent

MEMBER NON

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x155x75x182
  • 2,388 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 648 Sq Ft Home
  • Paneling
  • Wood Burning Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Waterfront Park

Utilities

  • Well
  • Electric Water Heater
  • Shared Septic

Community Details

Overview

  • Association fees include lawn care, sewer, snow removal, trash removal
  • Rex Terrace Community

Amenities

  • Clubhouse

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$26

Year Built

Built in 1930

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bungalow
  • Estimated Year Built: 1930
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 2
  • Year Updated: 1930
  • Year Renovated: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Electric Water Heater
  • Interior Amenities: Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 7'8"x8'10", On Level: Main Floor
  • Bedroom 2: Dimensions: 11'9"x11'9", On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 7'8"x11'7", On Level: Main Floor
  • Kitchen: Dimensions: 8'x7'10", On Level: Main Floor
  • Living Room: Dimensions: 8'x17'9", On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 648
  • Price Per Sq Ft: 262.35
  • Range: R 9W
  • Total Finished Sf Apx: 648

Exterior Features

  • Body Of Water: Elk Lake
  • Exterior Features: Tennis Court
  • Exterior Finish: Wood
  • Foundation: Piers
  • Number Of Acres: 0.27
  • Road: Gravel, Association
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Sandy Bottom, Public Lake
  • Waterfront Frontage: 2388

Garage/Parking

  • Driveway: Gravel, Shared

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Sewer, Snow Removal, Trash Removal
  • Annual Association Fees: 710.16

Association/Amenities

  • Development Amenities: Clubhouse, Water Front Park
  • Development Name: Rex Terrace

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Number: 7
  • Deeded Waterfront: Yes
  • Land Features: Evergreens
  • Lot Dimensions: 70x155x75x182
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2018
Sold by
Leahy Douglas W and Heahy Kimberly C
Bought by
Cedarlow Llc
Current Estimated Value
$423,940

Purchase Details

Listed on
Sep 9, 2014
Closed on
Jan 30, 2015
Sold by
Suzanne R Mobley Trust
Bought by
Leahy Douglas W and Leahy Kimberly
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 23, 2013
Sold by
Elliott William T and Elliott Catherine
Bought by
The Suzanne R Mobley Trust Uta Dated Jan
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cedarlow Llc -- --
Leahy Douglas W $170,000 None Available
The Suzanne R Mobley Trust Uta Dated Jan $155,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $170,000 -5.5% $262 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $179,900 +16.1% $278 / Sq Ft
07/31/2013 07/31/13 Sold $155,000 -8.8% $239 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $169,900 -- $262 / 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 $26 $93,200 $0 $0
2024 $26 $94,100 $0 $0
2023 $2,491 $83,700 $0 $0
2022 $2,752 $69,400 $0 $0
2021 $2,659 $67,400 $0 $0
2020 $2,645 $70,900 $0 $0
2019 $2,683 $67,300 $0 $0
2018 $2,763 $68,300 $0 $0
2017 $2,823 $69,400 $0 $0
2016 $2,341 $68,500 $0 $0
2015 -- $68,900 $0 $0
2014 -- $65,700 $0 $0
2013 -- $62,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1790157

Northern Great Lakes REALTORS® MLS

APN: 05-12-730-006-00