NOT LISTED FOR SALE

15460 Red Arrow Hwy Lakeside, MI 49116

1 Bed
4 Baths
4,100 Sq Ft
1.4 Acres

Last Sold January 21, 2022

Last sale price $553,000 $135 Per Sq Ft

138 Days on Market

Highlights

  • Water Access
  • Wooded Lot
  • Gazebo
  • Chikaming Elementary School Rated A-
  • No HOA
  • Skylights

About This Home

As of January 2022

Make this unique property your home, your home-away-from-home, your special workspace or an Air B & B . The owners of this well known gallery/event center are closing their doors to move to warmer weather.This is your opportunity to create the multipurpose dwelling you have dreamed of where residential marries retail office or commercial.
Great exposure on Red Arrow HWY, 1.4 ACRE, possible land division, private deeded Lake MI beach access, seasonal or off season, ideal for dispensary, antiques, cooking classes, brewery and more.

Last Agent to Sell the Property

Bonnie Meyer

Coldwell Banker Realty License #6501226258 Listed on: 01/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Dan Coffey

RE/MAX Harbor Country License #6502130887

RE/MAX Harbor Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1950

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 340 x 267
  • Decorative Fence
  • Wooded Lot
  • Garden
  • Back Yard Fenced
  • Property is zoned res/commercial, res/commercial

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Insulated Windows
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level

Accessible Home Design

  • Accessible Bathroom
  • Halls are 36 inches wide or more
  • Doors are 36 inches wide or more
  • Accessible Approach with Ramp
  • Accessible Ramps
  • Accessible Entrance
  • Stepless Entry

Outdoor Features

  • Water Access
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Maple Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • 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: 340 x 267
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 4100.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3755.17
  • Tax Info:Zoning3: res/commercial
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Utilities Attached:Telephone Line: Yes
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Maple Hill
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Decor Fence: Yes
  • Windows:Skylight(s): Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:Condo Proj Name: xxx
  • Accessibility Feat:No Step Entrance: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Accessibility Feat:Covered Ramp: Yes
  • General Property Info:SqFt Above Grade: 4100.0
  • General Property Info Garage YN: No
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Accessibility Feat 36' or Hallway: Yes
  • Accessibility Feat 42 in or Hallway: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Ramped Entrance, 36 Inch Entrance Door, 36' or + Hallway, 42 in or + Hallway, Accessible M Flr Half Bath, Covered Entrance, Covered Ramp, Accessible Entrance
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Total Bathrooms: 4
  • Basement: Slab
  • LivingArea: 4100.0
  • Window Features: Skylight(s), Insulated Windows
  • General Property Info:Stories2: 1.0
  • Accessibility Feat:Accessible M Flr Half Bath: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Fenced Back
  • List Price: 599000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Patio
  • Roof: Composition, Shingle
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Features:Gazebo: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 1.4
  • Lot Size Area: 1.4
  • Lot Dimensions: 340 x 267
  • Lot Size Sq Ft: 60984.0
  • Zoning Description: res/commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3755.17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Juniper & Pine Llc
Bought by
Az Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$481,961
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 21, 2022
Sold by
Thomas A Burnison Revocable Living Trust
Bought by
Juniper & Pine Llc
Seller's Agent
Bonnie Meyer
Coldwell Banker Realty
Buyer's Agent
Dan Coffey
RE/MAX Harbor Country
List Price
$685,000
Sold Price
$553,000
Premium/Discount to List
-$132,000
-19.27%

Purchase Details

Closed on
Sep 10, 2018
Sold by
Burnison Thomas A
Bought by
Thomas A Burnison Revocable Li and Judith Coate Burnison Revocabl

Purchase Details

Closed on
Aug 16, 2018
Sold by
Burnson Thomas A and Burnson Judith
Bought by
Burnison Thomas A and The Thomas A Burnison Revocabl

Purchase Details

Closed on
Dec 29, 2006
Sold by
City Savings Bank
Bought by
Burnison Thomas A and Burnison Judith

Purchase Details

Closed on
Apr 27, 2006
Sold by
M & G Real Estate Llc
Bought by
City Savings Bank

Purchase Details

Closed on
Mar 21, 2003
Sold by
Bender Grant E and Bender Merritt E
Bought by
M & G Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2002
Sold by
Drilon Daniel and Drilon Jennifer
Bought by
Bender Grant E and Bender Merritt E

Purchase Details

Closed on
Sep 5, 1997
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
Az Realty Group Llc -- None Listed On Document
Juniper & Pine Llc -- Jones Obenchain Llp
Thomas A Burnison Revocable Li -- None Listed On Document
Burnison Thomas A -- None Available
Burnison Thomas A $460,000 None Available
City Savings Bank $632,710 None Available
M & G Real Estate Llc -- --
Bender Grant E -- --
-- $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Az Realty Group Llc $496,000
Previous Owner M & G Real Estate Llc $562,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $553,000 -19.3% $135 / Sq Ft
08/22/2021 08/22/21 For Sale $685,000 -- $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 $7,466 $352,700 $0 $0
2024 $5,519 $160,100 $0 $0
2023 $6,061 $175,800 $0 $0
2022 $3,525 $108,200 $0 $0
2021 $3,855 $121,900 $13,800 $108,100
2020 $3,808 $135,000 $0 $0
2019 $3,664 $132,000 $2,800 $129,200
2018 $3,571 $132,000 $0 $0
2017 $3,505 $137,700 $0 $0
2016 $3,360 $127,000 $0 $0
2015 $3,350 $96,900 $0 $0
2014 $2,963 $94,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21101859

Southwestern Michigan Association of REALTORS®

APN: 11-07-4850-0009-01-2