NOT LISTED FOR SALE

1663 Elberta Resort Rd Frankfort, MI 49635

Estimated Value: $812,000 - $1,261,000

3 Beds
3 Baths
-- Sq Ft
0.54 Acres Lot

Sale Details

Date Sold: May 30, 2017

Last sale price $500,000 $0 Per Sq Ft

About This Home

Sand, Water, Memories...Thinking about what to do after retirement? Purchase this property now at today's prices and use rental income to offset most of the taxes, insurance and utilities until you are ready to retire. Rare opportunity on Lower Herring Lake! Homes like this do not come up for sale often, so don’t miss your chance. This unique property features 100 feet of direct water frontage on Lower Herring Lake with access to Lake Michigan, PLUS 428 feet on Herring Creek. During the spring and fall, the family will enjoy watching the steelhead and salmon swim in Herring Creek right from your private deck overlooking the water. To double the fun, they will also enjoy their own private beach on the lake - the best of both worlds. Comfortable, meticulously maintained and practical are the operative words here, with an abundance of windows that bring the views of the river, lake and the natural landscaping to you. Inside the home, the master bedroom features poplar flooring, private bath, walk-in closet, Cherry wood dressing table and a private balcony with views of the waters below. The main level provides a living room with tile flooring with in-floor radiant heat, spacious seating area and a dining area. Off the living room is the open kitchen with plenty of cabinet and counter space. The family room has a fireplace with wood insert and more room for relaxing. Both rooms have sliding glass doors providing access to the large wrap-around deck overlooking both the river and lake. There is one main floor bedroom, main floor bath and another room which could be used as a bedroom, but currently is a sitting area. The 2 car garage features an upper level for storage or this space could be converted into more sleeping area. This is your home to enjoy Pure Michigan - close to the Sleeping Bear Dunes, Lake Michigan, world class trout streams, swimming, boating, fishing, canoeing, kayaking, etc....

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
May 26, 2017
Sold by
Moseler Arthur O and Moseler Joan D
Bought by
Pritchard Michael P and Pritchard Farkas
Seller's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
List Price
$560,000
Sold Price
$500,000
Premium/Discount to List
-$60,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$400,000
Outstanding Balance
$209,874
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$830,552
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Pritchard Michael P $500,000 Capital Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Pritchard Michael P $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2017 05/30/17 Sold $500,000 -10.7% $256 / Sq Ft View Prior Sale
05/18/2017 05/18/17 Pending -- -- --
06/22/2016 06/22/16 For Sale $560,000 -- $287 / Sq Ft

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 $10,323 $455,200 $0 $0
2024 $101 $370,700 $0 $0
2023 $9,609 $299,900 $0 $0
Source: Public Records

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