NOT LISTED FOR SALE

15657 Pearl Lake Dr Empire, MI 49630

Estimated Value: $1,052,000 - $1,521,000

4 Beds
3 Baths
2,200 Sq Ft
$578/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $540,000 $245 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,448/month

103 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Newly Remodeled
  • 125 Feet of Waterfront
  • Sandy Beach
  • Deck

About This Home

As of August 2018

Nestled in the gated neighborhood of Pearl Lake Estates is a one of a kind, brand new custom lakefront home featuring the best frontage on the lake. Pearl Lake is a 600 acre all-sports paradise with the entire western half owned by the DNR, which will remain undeveloped. The beautiful home, built by D&M Design in 2017 is positioned very nicely into the natural environment, with covered porches on the front and back to enjoy the lake views and sounds from either side. Entertain family and friends comfortably, or enjoy your morning coffee on the large back porch, partly covered and accessible from the dining room, or the master bedroom. Inside, the wide open layout and modern kitchen highlight the main floor, along with high vaulted ceilings and many south-facing windows out to the lake. The kitchen features stainless appliances, custom cabinets with soft close hinges, a large island with seating for up to five, and gorgeous quartz countertops. A perfect master suite is complete with double walk in closets, custom double vanity, jetted tub, and a fully-tiled shower. Elsewhere in the house, you'll find three more large bedrooms, with lake views from each of them, and two more well-fitted full bathrooms as well to allow many options for your family or guests. The large walkout lower level with 9 foot ceilings has great size, with space to complete more bedrooms, theatre rooms, kids play space, and more. This large home offers plenty of storage options for toys big and small with a very deep two car garage, and even a separate deeded lot that's setup for a future pole barn or storage building of your liking. Pearl Lake Estates and this home offer the nature-loving lifestyle with a brand new quiet waterfront getaway, the opportunity for ample storage, only a few steps away from the lake, the woods, and the trails. Access 60 acres of neighborhood common area, or thousands of acres of state land, right out your front door - the perfect Northern Michigan getaway!

Last Agent to Sell the Property

Blake Bernard

REO-TCRandolph-233022 License #6501380347 Listed on: 04/24/2018

REO-TCRandolph-233022

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,035

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 125x244
  • 125 Feet of Waterfront
  • Sandy Beach
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Water Views
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Porch

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Association fees include liability insurance, snow removal
  • Peal Lake Estates Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,035

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2018
  • Construction: Frame, New Construction
  • Private Shared: Private
  • Section Number: 6
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x11, On Level: Main Floor
  • Bedroom 2: Dimensions: 11x11.5, On Level: Main Floor
  • Bedroom 3: Dimensions: 11x14, On Level: Lower Floor
  • Bedroom 4: Dimensions: 11x14, On Level: Lower Floor
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 11.5x11
  • Living Room: Dimensions: 20.5x11
  • Estimated Above Ground Finished Sq Ft: 1600
  • Estimated Below Grade Finished Sq Ft: 600
  • Estimated Below Grade Unfinished Sq Ft: 1000
  • Price Per Sq Ft: 245.45
  • Range: R 13W
  • Total Finished Sf Apx: 2200

Exterior Features

  • Body Of Water: Pearl Lake
  • Exterior Features: Deck, Porch
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Entrance Outside, Finished Rooms
  • Number Of Acres: 0.7
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 125

Garage/Parking

  • Driveway: Dirt
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Liability Insurance, Snow Removal

Association/Amenities

  • Development Amenities: Common Area, Trails
  • Development Name: Peal Lake Estates

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Wooded
  • Lot Dimensions: 125x244
  • Mineral Rights: Unknown, Yes
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Aug 17, 2018
Sold by
Hanson Bryan R and Hanson Elaine N
Bought by
Gordon Mackay D and Mackay Linda D
Seller's Agent
Blake Bernard
REO-TCRandolph-233022
Buyer's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$1,272,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,133
Avg. Annual Appreciation
10.22%
Source: Public Records

Range of Values:

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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
Gordon Mackay D $540,000 Other
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $540,000 -1.6% $245 / Sq Ft
06/06/2018 06/06/18 Price Changed $549,000 -3.5% $250 / Sq Ft
04/24/2018 04/24/18 For Sale $569,000 -- $259 / 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 $8,035 $412,400 $0 $0
2024 $3,181 $469,900 $0 $0
2023 $3,043 $378,800 $0 $0
2022 -- $327,700 $0 $0
2021 -- $310,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1845302

Northern Great Lakes REALTORS® MLS

APN: 01-210-007-00