NOT LISTED FOR SALE

16259 Wagner Rd Lake Ann, MI 49650

Estimated Value: $530,000 - $829,000

2 Beds
2 Baths
2,270 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $500,000 $220 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,177/month

118 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of October 2022

A precious yr around getaway property on one-of-a-kind Pearl Lake, quietly located 16 miles W of Traverse City in Northern Benzie CO. Direct waterfront on Pearl LK:600 acres, spring fed, mostly undeveloped & preserved. Cove is protected and water cycle is high. Children can play & swim off dock or inflatable raft. Open, flowing & LIGHT interior, northern MI feel of T&G cedar, wood floors, skylights, wood burning stove, abundant windows. Main FLR living & a finished family room in LL/non egress.Roof 100% replaced in Oct 2017 & Hvac/furnace/heat pump system 12/19. Heated gar. 10 acre parcel, the ranch home is on approx. 1 acre of slightly sloping terrain to the direct frontage, & 9 acres to the N is part of 150 acre preserved area for homeowners.

Last Agent to Sell the Property

Barbara Hood

REO-TCRandolph-233022 License #6506043558 Listed on: 06/09/2022

REO-TCRandolph-233022

Last Buyer's Agent

Jules Yates

REMAX Bayshore - Union St TC License #6502357921

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1988

Lot Details

  • 10 Acre Lot
  • Private Waterfront
  • 158 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Wood Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,270 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Workshop
  • Water Views

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Community Details

  • Pearl Lake Land Division Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,872

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1988
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 5
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry
  • Year Updated: 2018
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Exhaust Fan, Blinds, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Skylights, Bay Window(s), Foyer Entrance, Island Kitchen, Great Room, Workshop, Vaulted Ceilings
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 23x12, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 18.6x10.2, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox20, On Level: Main Floor, Flooring: Tile
  • Family Room: Dimensions: 23x18, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 18xcombo, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 38x19.6, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1856
  • Estimated Below Grade Finished Sq Ft: 414
  • Estimated Below Grade Unfinished Sq Ft: 40
  • Price Per Sq Ft: 220.26
  • Range: R 13W
  • Total Finished Sf Apx: 2270

Exterior Features

  • Body Of Water: Pearl Lake
  • Exterior Features: Deck, Gutters
  • Exterior Finish: Wood
  • Foundation: Partial, Crawl Space, Wood, Finished Rooms, Entrance Inside
  • Lake Size: 600 acres
  • Number Of Acres: 10
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Sandy Shoreline
  • Waterfront Frontage: 158

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Heated

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air, Central Air, Heat Pump
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Pearl Lake Land Division

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Lot Number: 18
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Level, Sloping
  • Lot Dimensions: irregular
  • Parcel Description: Metes and Bounds
  • Percent Wooded: 90
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Oct 3, 2022
Sold by
Wise Douglas J and Wise Jane M
Bought by
Heller Richard M and Heller Cecilia H
Seller's Agent
Barbara Hood
REO-TCRandolph-233022
Buyer's Agent
Jules Yates
REMAX Bayshore - Union St TC
List Price
$750,000
Sold Price
$500,000
Premium/Discount to List
-$250,000
-33.33%
Views
56
Current Estimated Value
$676,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,875
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Mar 17, 2011
Closed on
Jun 8, 2012
Sold by
Morello Gerald M and Morello Helen F
Bought by
Wise Douglas J and Wise Jane M
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Dewayne Kirkman
REO-TCRandolph-233022
List Price
$369,000
Sold Price
$255,000
Premium/Discount to List
-$114,000
-30.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
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
Heller Richard M $500,000 Capital Title
Wise Douglas J $255,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Pending -- -- --
10/05/2022 10/05/22 Sold $500,000 -16.4% $220 / Sq Ft
09/06/2022 09/06/22 Price Changed $598,000 -6.6% $263 / Sq Ft
07/09/2022 07/09/22 Price Changed $640,000 -7.2% $282 / Sq Ft
06/20/2022 06/20/22 Price Changed $690,000 -8.0% $304 / Sq Ft
06/09/2022 06/09/22 For Sale $750,000 +194.1% $330 / Sq Ft
06/29/2012 06/29/12 Sold $255,000 -30.9% $112 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
03/17/2011 03/17/11 For Sale $369,000 -- $163 / 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 $5,872 $290,200 $0 $0
2024 $2,322 $281,800 $0 $0
2023 $2,221 $235,500 $0 $0
2022 -- $199,600 $0 $0
2021 -- $189,000 $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: 1900952

Northern Great Lakes REALTORS® MLS

APN: 01-005-002-18