NOT LISTED FOR SALE

2510 Nelson Ave Boyne Falls, MI 49713

Estimated Value: $671,419

17 Beds
18 Baths
7,972 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $400,000 $50 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,689/month

Highlights

  • 230 Feet of Waterfront
  • Wood Flooring
  • Lower Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • Snowmobile Trail

About This Home

As of October 2017

Here is a unique opportunity to purchase your next home, and have a steady stream of income supporting your purchase as you sit back and be your own boss! There are 2 brand new condominium units in this package that rent for $1,000.00 - $1,200.00 /mo., the 4-plex units average $625.00/mo., and then the 11 individual rooms rent on average for $550/mo. (or for $55/day for 10 days for a 33% occupancy rate as a motel). The property sits on 230 feet of the Boyne River pond, and overlooks Boyne Mountain.....

Last Agent to Sell the Property

Marty Moody

Lynda's Real Estate Service License #6506043488 Listed on: 05/26/2017

Co-Listed By

Chris Christensen

Lynda's Real Estate Service

Last Buyer's Agent

Ethan Swiger

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Lot Details

  • 230 Feet of Waterfront
  • Creek or Stream
  • Property is zoned Commercial

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 7,972 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Primary Bedroom on Main
  • 18 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 041-016-003-10 and 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/26/2017
  • Measurement Source: Agent
  • Section: 15/16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dryer, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Near Snowmobile Trails, Stream/Creek, Paved Road
  • Total Finished Sq Ft: 7972
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Total Rooms: 9
  • Basement: Full, Walkout, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 7972
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 17
  • Full Bathrooms: 18
  • Rooms 1: Dimensions: Office, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

  • Construction: Brick, Wood Frame/Site Built
  • Lake: Boyne River
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 230
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Natural Gas, Forced Air, Hot Water Baseboard
  • Sewer: Septic
  • Water: Township
  • Water Heater: Natural Gas

Schools

  • School District: Boyne Falls

Lot Info

  • Zoning: Commercial

Tax Info

  • Assessor Parcel Number: 041-016-003-10 and 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2002
Bought by
B & S Rental Llc
Current Estimated Value
$671,419
Source: Public Records

Range of Values:

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Average Value
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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
B & S Rental Llc $306,821 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2017 10/04/17 Sold $400,000 -14.7% $50 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $469,000 -- $59 / Sq Ft
Source: Northern Michigan 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 $2,010 $162,700 $0 $0
2024 $1,271 $164,600 $0 $0
2023 $959 $156,800 $0 $0
2022 $913 $136,700 $0 $0
2021 $5,550 $133,400 $0 $0
2020 $4,861 $122,700 $0 $0
2019 $5,297 $125,000 $0 $0
2018 $5,199 $85,000 $0 $0
2017 $3,723 $85,000 $0 $0
2016 $3,701 $72,100 $0 $0
2015 $72,500 $73,300 $0 $0
2014 $72,500 $72,500 $0 $0
2013 -- $71,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 451913

Northern Michigan MLS

APN: 04101600415