NOT LISTED FOR SALE

2624 Lake St Algoma, WI 54201

Estimated Value: $470,000 - $606,000

2 Beds
2 Baths
1,852 Sq Ft
1.67 Acres Lot

Sale Details

Date Sold: December 6, 2022

Last sale price $407,700 $220 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,629 / mo

516 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Main Floor Primary Bedroom
  • Multiple Garages
  • Radiant Floor
  • 1 Fireplace

About This Home

As of December 2022

Upcoming units nestled on the shore of Lake Michigan in the beautiful lakefront community of Algoma. Condo development offers breathtaking sunrise views over the lake and relaxing sound of crashing waves. This is a 2nd floor unit with 2 car tandem garage. Ability to customize w/ additional garages available. This is the third phase of construction. Offering total of 3 units. Expected completion fall of 2022. No units available to view at this time. However, video of previous units & many pictures in display. Appointments to view land must be scheduled by agent w/ agent present at that time.

Last Agent to Sell the Property

Todd Wiese

Todd Wiese Homeselling System, Inc. License #90-52607 Listed on: 06/25/2021

Last Buyer's Agent

Tina Nys

Todd Wiese Homeselling System, Inc. License #90-55500

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Waterfront

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Low Emissivity Windows
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Multiple Garages
  • Tandem Garage
  • Garage Door Opener

Schools

  • Algoma Elementary And Middle School
  • Algoma High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • The lake is a source of water for the property

Community Details

Overview

  • 12 Units
  • Bell Harbour Condos
  • Built by Maritime Pointe LLC

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,520

Year Built

Built in 2021 | New Construction

Lot Details

1.67 Acres

HOA Fees

$180 per month

Listing Details

  • Property Type: Condo
  • Type: Condo
  • Tax Municipality: Algoma, City of
  • Livinggreat Rm Level: Main
  • Municipality: City of Algoma
  • New Construction: Yes
  • Remarks Inclusions Public: Garage Door Opener with Remote, Central Air, Appliance and Flooring Allowances
  • Estimated Year Built: 2021
  • Remarks Public: Upcoming units nestled on the shore of Lake Michigan in the beautiful lakefront community of Algoma. Condo development offers breathtaking sunrise views over the lake and relaxing sound of crashing waves. This is a 2nd floor unit with 2 car tandem garage. Ability to customize w/ additional garages available. This is the third phase of construction. Offering total of 3 units. Expected completion fall of 2022. No units available to view at this time. However, video of previous units & many pictures in display. Appointments to view land must be scheduled by agent w/ agent present at that time.
  • Tax Municipal Sub Area: None
  • Water Features Other: Water Ski Lake, Motorized Lake
  • Water Features Other: Yes
  • Waterfront Common: Yes
  • Waterfront Ltd Common: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2021

Interior Features

  • Fireplaces: Gas, 1 Fireplace
  • Bathrooms Finished Full: 2
  • Bathrooms Number Full Main: 2
  • Finished Bedrooms: 2
  • Bedroom 1 Primary: 15x14
  • Bedroom 1 Primary Level: Main
  • Bedroom 2: 12x13
  • Bedroom 2 Level: Main
  • Kitchen: 9x15
  • Kitchen Level: Main
  • Living/Great Room: 21x16
  • Other Room 1: 5x12
  • Other Room 1 Description: Foyer
  • Other Room1 Level: Main
  • Other Room 2: 11x14
  • Other Room 2 Description: Bonus Room
  • Other Room2 Level: Main
  • Other Room 3: 8x6
  • Other Room 3 Desc: Bonus Room
  • Other Room 3 Level: Main
  • Lower Level: Poured Concrete, Slab
  • Source Total Fin Sq Ft: Blueprint
  • Sq Ft Finished Above Grade Est: 1852
  • Sq Ft Total Finished Above And Below: 1852
  • PRIMARYBDBATHFEATURES: Primary Bath 1st Fl, Primary Bath Full, Primary Bed 1st Floor, Primary Walk-in Closet, Primary Walk-in Shower

Exterior Features

  • Builder Name: Maritime Pointe LLC
  • Exterior Finish: Brick, Vinyl
  • Water: Municipal Public Water
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Number of Car Spaces: 2 Car
  • Garage1 Type: Attached-Tandem
  • Garageparkingdriveway: 2 Car Garage, Addtl Parking for Sale, Attached, Opener Included, Tandem

Utilities

  • Heating Cooling: Central A/C, Forced Air, In Floor Radiant
  • Heating Fuel Type: Natural Gas
  • Waste: Municipal Sewer
  • Water Body Name: Michigan

Association/Amenities

  • Association Shared Amenities: Pet Size Limit, Cat Allowed, Common Green Space, Dog Allowed, Pet Number Limit

Condo/Co-op/Association

  • Condo Association Name: Bell Harbour
  • Condo Building Description: 2 Story, Free Standing
  • Condo Documents Recorded: Yes
  • Condo Fee Includes: Common Area Maintenance, Lawn Maintenance, Parking, Snow Removal
  • Condo Management: Developer/Builder
  • Monthly Condo Fees: 180
  • Condo Unit Level: 2
  • Condo Unit Living Space: Private Entrance, Townhouse/2 Story
  • Misc Condo Unit Include: At Least 1 Bathtub, Breakfast Bar, Kitchen Island, Pantry, Utility Room, Vaulted Ceiling, Air Exchanger
  • Number Condo Units In Assoc: 12
  • Number Condo Units In Bldg: 4

Green Features

  • Efficiency: Low Energy Windows

Lot Info

  • Zoning: Residential
  • Estimated Private Acreage: 1.67
  • Geo Address Line: 2624 Lake St
  • Geo Primary City: Algoma
  • Geo Quality: 1
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 201-00040-0450
  • Tax Net Amt: 1520

MLS Schools

  • School District: Algoma
  • Elementary School: Algoma
  • High School: Algoma
  • Middle School: Algoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Dec 6, 2022
Sold by
Maritime Pointe Llc
Bought by
Young David J
Seller's Agent
Todd Wiese
Todd Wiese Homeselling System, Inc.
Buyer's Agent
Tina Nys
Todd Wiese Homeselling System, Inc.
List Price
$399,900
Sold Price
$407,700
Premium/Discount to List
$7,800
1.95%
Views
2
Current Estimated Value
$536,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,541
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jan 8, 2018
Sold by
The Franklin E Koboski
Bought by
Maritime Pointe Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young David J $407,700 Lighthouse Title
Maritime Pointe Llc $285,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2022 12/06/22 Sold $407,700 +2.0% $220 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
06/25/2021 06/25/21 For Sale $399,900 +40.3% $216 / Sq Ft
12/13/2018 12/13/18 Sold $285,000 -1.7% -- View Prior Sale
11/13/2018 11/13/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $290,000 -- --
Source: REALTORS® Association of Northeast Wisconsin

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 $7,272 $406,200 $68,700 $337,500
2024 $6,963 $406,200 $68,700 $337,500
2023 $7,673 $339,200 $50,000 $289,200
2022 $1,111 $50,000 $50,000 $0
2021 $1,553 $50,000 $50,000 $0
2020 $1,521 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50243025

REALTORS® Association of Northeast Wisconsin

APN: 201-00040-0450

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