NOT LISTED FOR SALE

2278 N East Lake Rd Hopkins, MI 49328

Estimated Value: $328,000 - $348,000

2 Beds
1 Bath
896 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $163,500 $182 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,198/month

141 Days on Market

Highlights

  • Private Waterfront
  • Living Room
  • 1-Story Property
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2020

Huge price drop! Beautiful, well cared for cottage or year round home with 55' of lake frontage on private and beautiful East Lake. Home has an open floor plan with a great view of the lake. Living space leads out to a large enclosed porch and deck. The stainless steel appliances and dock stay with the home. There is a large detached two story garage that has a 220 amp electrical service, the upstairs has been framed and is ready to finish into additional space. It could make a great vacation rental for additional income. This is a great fishing lake!

Last Agent to Sell the Property

David Gaddy

Bellabay Realty LLC Listed on: 12/03/2019

Bellabay Realty LLC

Last Buyer's Agent

David Gaddy

Bellabay Realty LLC Listed on: 12/03/2019

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 191.66
  • Private Waterfront
  • 50 Feet of Waterfront
  • Property is zoned R2, R2

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,673

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 191.66
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 896.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1673.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Waterfront Options:Water Frontage3: 50.0
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 896.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 896.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 189000.0
  • Water Body Name: East Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 50 x 191.66
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1673.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Bontekoe Richard and Bontekoe Jacqueline
Bought by
Hardy Lee A and Hardy Moleigh M
Current Estimated Value
$338,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$93,596
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$249,820

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 19, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Williams M G and Cozy Pines Management Trust
Seller's Agent
Robert Ortiz
Coldwell Banker Schmidt Realtors
Buyer's Agent
Robert Ortiz
Coldwell Banker Schmidt Realtors
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.66%
Original Mortgage
$100,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2019
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 21, 2019
Sold by
Burchett Linden L
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
May 19, 2002
Sold by
Cozy Pines Management Trust
Bought by
Bontekoe Richard and Bontekoe Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2000
Sold by
Ranson Dale A
Bought by
Burchett Linden
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hardy Lee A $292,900 Chicago Title
Williams M G -- None Available
Secretary Of Veterans Affairs -- None Available
Freedom Mortgage Corporation $121,873 None Available
Bontekoe Richard $163,500 None Available
Burchett Linden $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Lee A $100,000
Previous Owner Williams M G $100,000
Previous Owner Burchett Linden L $132,017
Previous Owner Burchett Linden L $122,800
Previous Owner Burchett Linden $135,000
Previous Owner Burchett Linden L $27,900
Previous Owner Bontekoe Richard $147,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $163,500 -17.8% $182 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $199,000 +99.0% $222 / Sq Ft
08/19/2019 08/19/19 Sold $100,000 -4.8% $112 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $105,000 -- $117 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $4,309 $120,400 $41,700 $78,700
2024 $3,086 $116,000 $34,700 $81,300
2023 $3,086 $102,100 $25,800 $76,300
2022 $3,086 $97,100 $25,800 $71,300
2021 $4,334 $82,900 $20,000 $62,900
2020 $4,334 $80,400 $17,500 $62,900
2019 $1,663 $72,600 $17,500 $55,100
2018 $0 $68,200 $17,500 $50,700
2017 $0 $68,900 $17,500 $51,400
2016 $0 $60,600 $17,000 $43,600
2015 -- $60,600 $17,000 $43,600
2014 -- $55,300 $17,000 $38,300
2013 -- $49,000 $13,500 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19056775

Southwestern Michigan Association of REALTORS®

APN: 10-100-011-00