NOT LISTED FOR SALE

1530 N Shore Dr Mears, MI 49436

Estimated Value: $391,000 - $568,000

2 Beds
1 Bath
1,320 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $150,000 $114 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,094/month

378 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Wooded Lot
  • Forced Air Heating System
  • Deck
  • 2 Car Detached Garage
  • High Speed Internet

About This Home

As of June 2016

Much more to this property than meets the eye. 2 lots overlooking Silver Lake w/amazing views of the Silver Lake Sand Dunes. Includes 2 separate lots one fronting Silver Lake at Silver Lake Rd which is a vacant lot 50x240 and a second lot behind elevated slightly above the front lot, 110x250 with a 1320 square foot cottage & 2 stall garage. The cottage has a private wooded back yard with room for a second pole barn, firepit spot, and more parking. The cottage has a large open great room with a fireplace that overlooks the lake and dunes. Large den or bedroom that would make a great bunk room with space for a second bath that would be between the two rooms. Must pass through bedroom #2 to access bedroom #1. The 2nd bedroom is 20 x 13 offering plenty of space to add a wall for privacy. An ally runs between the lots which could provide access to the cottage if you split the property.

Last Agent to Sell the Property

Sue Payne

Coldwell Banker Woodland Schmidt-Hart License #6502361706 Listed on: 05/21/2015

Coldwell Banker Woodland Schmidt-Hart

Last Buyer's Agent

Sue Payne

Coldwell Banker Anchor-Hart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1930

Lot Details

  • 0.91 Acre Lot
  • 50 Feet of Waterfront
  • Shrub
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Deck

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,718

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 240 + 110 x 250
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1320.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1718.07
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Waterfront Options:Water Frontage3: 50.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1320.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Partial
  • LivingArea: 1320.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 720.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 189900.0
  • Lot Features: Recreational, Wooded
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Water Body Name: Silver Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Cable Available, Broadband
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.91
  • Lot Size Area: 0.91
  • Lot Dimensions: 50 x 240 + 110 x 250
  • Lot Size Sq Ft: 39500.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1718.07
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Peacock Stephen T and Peacock Elizabeth J
Bought by
1530 North Shore Llc
Current Estimated Value
$463,272

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 3, 2016
Sold by
The John M Carpenter Sr Trust
Bought by
Peacock Stephen T and Peacock Elizabeth J
Seller's Agent
Sue Payne
Coldwell Banker Woodland Schmidt-Hart
Buyer's Agent
Sue Payne
Coldwell Banker Woodland Schmidt-Hart
List Price
$219,900
Sold Price
$150,000
Premium/Discount to List
-$69,900
-31.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2002
Sold by
Carpenter John and Carpenter Pauline
Bought by
Carpenter John M
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
1530 North Shore Llc -- Attorney
Peacock Stephen T -- Oceana Land Title Agency Inc
Carpenter John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peacock Stephen T $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $150,000 -31.8% $114 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/21/2015 05/21/15 For Sale $219,900 -- $167 / 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 $7,531 $251,400 $251,400 $0
2024 $1,863 $225,600 $225,600 $0
2023 $6,750 $205,600 $205,600 $0
2022 $6,750 $172,000 $0 $0
2021 $6,621 $152,100 $152,100 $0
2020 $6,476 $137,600 $137,600 $0
2019 $9,020 $211,100 $0 $0
2018 $5,988 $90,100 $0 $0
2017 $5,988 $128,000 $0 $0
2016 -- $117,600 $0 $0
2013 -- $117,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15025518

Southwestern Michigan Association of REALTORS®

APN: 006-560-014-00