NOT LISTED FOR SALE

1396 Island Lake Rd NW Kalkaska, MI 49646

Estimated Value: $294,000 - $378,000

3 Beds
2 Baths
2,800 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $220,000 $79 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,122/month

35 Days on Market

Highlights

  • Barn
  • Countryside Views
  • Ranch Style House
  • RV or Boat Parking
  • Wooded Lot
  • Solarium

About This Home

As of October 2020

Beautifully updated ranch with established flower gardens and a one of a kind historic barn. Five acres of gorgeous wooded land to explore. Near endless acres of state land. A bike ride to downtown Kalksaka and only 25 minutes to Traverse City. So many thoughtful home improvements you won't want to miss this affordable opportunity to live up north.

Last Agent to Sell the Property

Sally Roeser

Key Realty One-TC License #6501391540 Listed on: 08/27/2020

Key Realty One-TC

Last Buyer's Agent

Lisa Rossi

The Leelanau Group Real Estate License #6502432228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1963

Lot Details

  • 4.87 Acre Lot
  • Lot Dimensions are 165x1286
  • Level Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Game Room
  • Solarium
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • RV or Boat Parking

Outdoor Features

  • Shed
  • Porch

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Sherman's Subdivision Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,388

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1963
  • Construction: Frame, Timber Frame
  • Section Number: 18
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Blinds, Drapes, Curtain Rods
  • Interior Amenities: Solarium/Sun Room, Solid Surface Counters, Island Kitchen, Game Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 16x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: On Level: Lower Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13x10, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12x10, On Level: Main Floor
  • Living Room: Dimensions: 15x12, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1400
  • Estimated Below Grade Finished Sq Ft: 1400
  • Price Per Sq Ft: 78.57
  • Range: R 7W
  • Total Finished Sf Apx: 2800

Exterior Features

  • Additional Buildings: Barn(s), Garden/Storage Shed
  • Exterior Features: Countryside View, Garden Area, Porch, RV Parking
  • Foundation: Block, Plumbed for Bath, Full Finished, Entrance Inside
  • Number Of Acres: 4.87
  • Road: Public Maintained, Blacktop
  • Roof: Metal

Garage/Parking

  • Driveway: Circular
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Gas, Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Sherman's Subdivision

Schools

  • School District: Kalkaska Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Level
  • Lot Dimensions: 165x1286
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

MLS Schools

  • School District: Kalkaska Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 15, 2020
Sold by
Davenport Paul J and Davenport Julia M
Bought by
Schwarck Matthew A and Schwarck Brittney M
Seller's Agent
Sally Roeser
Key Realty One-TC
Buyer's Agent
Lisa Rossi
The Leelanau Group Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
35
Current Estimated Value
$352,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,878
Avg. Annual Appreciation
9.11%
Original Mortgage
$192,600
Outstanding Balance
$172,556
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$163,294
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
Schwarck Matthew A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwarck Matthew A $192,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $220,000 -2.2% $79 / Sq Ft
08/27/2020 08/27/20 For Sale $225,000 -- $80 / 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 $2,388 $136,600 $0 $0
2024 $1,763 $124,300 $0 $0
2023 $1,682 $113,700 $0 $0
2022 $2,117 $96,500 $0 $0
2021 $2,069 $86,000 $0 $0
2020 $948 $73,300 $0 $0
2019 $930 $69,400 $0 $0
2018 $937 $61,300 $0 $0
2016 $913 $52,800 $0 $0
2015 -- $49,800 $0 $0
2014 -- $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1879220

Northern Great Lakes REALTORS® MLS

APN: 008-700-013-00