NOT LISTED FOR SALE

160 Summit Beach Dr Algoma, WI 54201

Estimated Value: $239,294 - $259,000

2 Beds
2 Baths
1,240 Sq Ft
$548/mo HOA Fee

Last Sold April 25, 2024

Last sale price $255,000 $206 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,111/month

57 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Walk-In Closet
  • Dogs Allowed

About This Home

As of April 2024

Welcome to Summit Beach! Gorgeous 2BR/2BA upper-level condo with panoramic Lake Michigan views offers a fully equipped kitchen w/ stainless steel appliances, hammered-copper sink, stone countertops & mosaic backsplash (2020). LR w/ cathedral ceiling & gas fireplace with beautiful natural cut quartz stone. Spacious owner suite with full bathroom and walk-in closet. Second bedroom also w/ walk-in closet & easy access to mechanicals. Laundry room includes washer and dryer! A generous amount of built hallway storage completes the unit. 1-stall detached garage & assigned parking spot. Enjoy sunrise over Lake Michigan year-round! Association members also enjoy a large green space with covered pavilion and fire pit along the beach. All flooring & triple-wide sliding door replaced 2021.

Last Agent to Sell the Property

Sarah Wallace

Dallaire Realty License #94-81801 Listed on: 02/28/2024

Last Buyer's Agent

Eric Hegwer

Redfin Corporation License #94-97559

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1981

Lot Details

  • Waterfront

HOA Fees

  • $548 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • The lake is a source of water for the property

Community Details

Overview

  • 36 Units
  • Summit Beach Condos

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,441

Year Built

Built in 1981

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Property Type: Condo
  • Type: Condo
  • Tax Municipality: Algoma, City of
  • Livinggreat Rm Level: Main
  • Municipality: City of Algoma
  • Remarks Inclusions Public: Refrigerator, Stove/Oven, Dishwasher, Microwave, Washer, Dryer, Window Treatments in Bedroom.
  • Estimated Year Built: 1981
  • Remarks Public: Welcome to Summit Beach! Gorgeous 2BR/2BA upper-level condo with panoramic Lake Michigan views offers a fully equipped kitchen w/ stainless steel appliances, hammered-copper sink, stone countertops & mosaic backsplash (2020). LR w/ cathedral ceiling & gas fireplace with beautiful natural cut quartz stone. Spacious owner suite with full bathroom and walk-in closet. Second bedroom also w/ walk-in closet & easy access to mechanicals. Laundry room includes washer and dryer! A generous amount of built hallway storage completes the unit. 1-stall detached garage & assigned parking spot. Enjoy sunrise over Lake Michigan year-round! Association members also enjoy a large green space with covered pavilion and fire pit along the beach. All flooring & triple-wide sliding door replaced 2021.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Waterfront Common: Yes
  • Waterfront Ltd Common: No
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Appliances Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven/Range, Washer
  • Fireplaces: 1 Fireplace, Gas
  • Bathrooms Finished Full: 2
  • Bathrooms Number Full Main: 2
  • Finished Bedrooms: 2
  • Bedroom 1 Primary: 11x16
  • Bedroom 1 Primary Level: Main
  • Bedroom 2: 11x13
  • Bedroom 2 Level: Main
  • Kitchen: 10x11
  • Kitchen Level: Main
  • Dining Area Level: Main
  • Living/Great Room: 16x22
  • Other Room 1: 5x6
  • Other Room 1 Description: Laundry
  • Other Room1 Level: Main
  • Lower Level: Full, Poured Concrete
  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Finished Above Grade Est: 1240
  • Sq Ft Total Finished Above And Below: 1240
  • PRIMARYBDBATHFEATURES: Primary Bath 1st Fl, Primary Bath Full, Primary Bed 1st Floor, Primary Walk-in Closet

Exterior Features

  • Exterior Finish: Vinyl
  • Water: Municipal Public Water
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Number of Car Spaces: 1 Car
  • Garage1 Type: Detached-NonTandem
  • Garageparkingdriveway: 1 Car Garage, 1 Space Assigned, Opener Included

Utilities

  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas
  • Waste: Municipal Sewer
  • Water Body Name: Michigan

Association/Amenities

  • Association Shared Amenities: Pet Size Limit, Cat Allowed, Common Green Space, Dog Allowed, Pets-Restrictions, Rental Allowed

Condo/Co-op/Association

  • Condo Association Name: Summit Beach Condos
  • Condo Building Description: 2 Story, Conversion Apartments
  • Condo Documents Recorded: Yes
  • Condo Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash Removal
  • Condo Management: Professional Off Site
  • Monthly Condo Fees: 548
  • Condo Unit Level: 2
  • Condo Unit Living Space: 1 Level Flat, 1 Level w/Stair Acc.
  • Misc Condo Unit Include: At Least 1 Bathtub, Cable/Satellite Avail, Deck/Balcony, High Speed Internet Avail, Sep Storage Locker Inc, Utility Room, Vaulted Ceiling
  • Number Condo Units In Assoc: 36
  • Number Condo Units In Bldg: 6

Lot Info

  • Zoning: Condo, Residential
  • Geo Address Line: 160 Summit Beach Dr Apt D
  • Geo Primary City: Algoma
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 201-00285-0340
  • Tax Net Amt: 3440.8

MLS Schools

  • School District: Algoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2022
Sold by
Blaine E. and Blaine Maureen M.
Bought by
Blaine E. Gibson and Blaine Maureen M.
Current Estimated Value
$251,255

Purchase Details

Closed on
Oct 31, 2022
Sold by
The Trulen Trust Dated January 19 1998
Bought by
Blaine E. and Blaine Maureen M.

Purchase Details

Closed on
Aug 25, 2021
Sold by
Trulen Robin and Trulen Paula
Bought by
Trulen Trust

Purchase Details

Closed on
Aug 10, 2012
Sold by
Clabough Robert S
Bought by
Jarsfb Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blaine E. Gibson $107,000 Frank P. Dec, Esq.
Blaine E. $165,000 Wisconsin Abstract & Title Co.
Trulen Trust $107,000 --
Jarsfb Llc $115,000 --
Jarsfb Llc $115,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $255,000 -1.9% $206 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $260,000 -- $210 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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
2024 $2,964 $174,900 $45,500 $129,400
2023 $3,284 $146,700 $35,000 $111,700
2022 $3,197 $146,700 $35,000 $111,700
2021 $3,258 $107,000 $28,000 $79,000
2020 $3,193 $107,000 $28,000 $79,000
2019 $3,055 $107,000 $28,000 $79,000
2018 $2,952 $107,000 $28,000 $79,000
2017 $2,939 $107,000 $28,000 $79,000
2016 $2,786 $107,000 $28,000 $79,000
2015 $2,898 $107,000 $28,000 $79,000
2014 $2,898 $107,000 $28,000 $79,000
2013 $2,868 $107,000 $28,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50287596

REALTORS® Association of Northeast Wisconsin

APN: 201-00285-0350