NOT LISTED FOR SALE

1950 Beech Rd Frankfort, MI 49635

Estimated Value: $427,454 - $560,000

2 Beds
1 Bath
882 Sq Ft
$545/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2023

Last sale price $387,500 $439 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,853 / mo

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck
  • 2,000 Feet of Waterfront
  • Clubhouse
  • Wooded Lot

About This Home

As of October 2023

Quaint cottage in the CSA with 2 bedrooms and 1 bath. Large living area with kitchen and dining area and a fireplace. All on one level, there is a laundry area with washer and dryer just off the bathroom. It has a large deck and parking for 3 or 4 cars. The private association Lake Michigan beach is a short stroll away. Property ownership in the CSA includes full membership and access to all the activities plus the private beaches on Lake Michigan and Crystal Lake. There is an excellent rental history, and the cottage has a great future rental potential. Room sizes and property dimensions are approximate.

Last Agent to Sell the Property

James Ferris

Vaughan Realty Listed on: 06/21/2023

Last Buyer's Agent

Thomas Williams

Vaughan Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 67 x 84 x 64 x 70
  • 2,000 Feet of Waterfront
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck

Location

  • Property is near a Great Lake

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Shared Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Congregational Summer Assembly Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Blinds, Electric Water Heater
  • Interior Amenities: Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8x8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11x9, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 20x15, On Level: Main Floor, Flooring: Carpet
  • Range: R 16W
  • Total Finished Sf Apx: 882

Exterior Features

  • Body Of Water: Crystal Lake
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 0.1
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Great Lake
  • Waterfront Frontage: 2000

Garage/Parking

  • Driveway: Gravel, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Baseboard, Wall
  • Laundry: Dimensions: 6x5, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Shared Well

Association/Amenities

  • Development Amenities: Clubhouse, Tennis Court, Lake Privileges, Common Area
  • Development Name: Congregational Summer Assembly

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded
  • Lot Dimensions: 67 X 84 X 64 X 70
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Oct 3, 2023
Sold by
Nahnsen Group Llc
Bought by
Matthew Casey P
Seller's Agent
James Ferris
Vaughan Realty
Buyer's Agent
Thomas Williams
Vaughan Realty
List Price
$425,000
Sold Price
$387,500
Premium/Discount to List
-$37,500
-8.82%
Views
168
Current Estimated Value
$480,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,985
Avg. Annual Appreciation
9.10%
Original Mortgage
$290,625
Outstanding Balance
$285,428
Interest Rate
7.62%
Mortgage Type
Construction
Estimated Equity
$195,057

Purchase Details

Closed on
Mar 19, 2014
Sold by
Shreiner Stephen J
Bought by
Nahnsen Group 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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Purchase History

Date Buyer Sale Price Title Company
Matthew Casey P $387,500 Searchlight Title Svcs
Nahnsen Group Llc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew Casey P $290,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2023 10/09/23 Sold $387,500 -8.8% $439 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $425,000 -- $482 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $3,428 $110,000 $0 $0
2024 $33 $103,100 $0 $0
2023 $2,008 $88,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1912610

Northern Great Lakes REALTORS® MLS

APN: 05-160-004-00

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