NOT LISTED FOR SALE

2804 W Shore Dr Unit 27 Central Lake, MI 49622

Estimated Value: $55,000 - $72,000

0.2 Acre
$325,025 Price per Acre
8,712 Sq Ft Lot

Last Sold June 25, 2024

Last sale price $56,000

Est. 16% increase in value since last sale

Current estimated payment $517/month

82 Days on Market

About This Lot

As of June 2024

Welcome to Hanley Lake Cove, an upscale condominium development nestled in Central Lake. This prime waterfront lot grants you lake privileges, complemented by a private boat slip for your convenience. Your prospective condominium must adhere to existing specifications, featuring a single stand-alone ranch design, a walk-out basement, and an attached two-car garage. Beyond these guidelines, the interior layout is customizable to reflect your personal taste and style. Purchasers also have the freedom to select their preferred contractor for the construction process. Situated within the renowned Upper Chain of Lakes, Hanley Lake boasts access to a network of interconnected lakes spanning over 40 miles of navigable waters. Residents of this exceptional development can indulge in a range of amenities, including an outdoor in-ground heated pool, scenic pathways, boardwalks, and kayak storage facilities. Immerse yourself in the serene ambiance of sunrise vistas over the lake, accompanied by the tranquil calls of loons, creating an idyllic and picturesque setting.

Last Agent to Sell the Property

Steve Parafin

Berkshire Hathaway HomeServices Real Estate License #6501328160 Listed on: 04/04/2024

Berkshire Hathaway HomeServices Real Estate

Last Buyer's Agent

Pete Stikovich

Little Traverse Bay Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $762

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x150
  • 726 Feet of Waterfront
  • Level Lot

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Shared Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-42-105-033-00

Community Details

Overview

  • Hanley Lk Cove Association

Recreation

  • Boat Slip or Dock Located at 23

Property Details

Property Type

Land

Est. Annual Taxes

$762

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 04/04/2024
  • Section: 23
  • S E V Yr: 26,000/2024
  • Survey: Y
  • Hd Approved: Yes
  • Second Address Number: 2804
  • Directions: 1/4 mile N of Old State Rd off Main St (M-88).
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Natural Gas, Cable TV, Under Ground Utilities, Shared Access, Paved Road

Exterior Features

  • Lake: Hanley
  • Waterfront Frontage: 726
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Shared Ownership
  • Slip Number: 23

Utilities

  • Sewer: Common
  • Water: City

Condo/Co-op/Association

  • Association: Hanley Lk Cove
  • Association: Yes
  • Fees: 325
  • Site Condo: y

Schools

  • School District: Central Lake
  • School District: Central Lake

Lot Info

  • Estimated Lot Dimensions: 50x150
  • Estimated Number of Acres: 0.2
  • Lot: Y
  • Zoning: Residential
  • Number Of Acres: Under 1
  • Terrain: Slow Slope, Level

Tax Info

  • Assessor Parcel Number: 05-42-105-033-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 21, 2024
Sold by
Katz Michele A
Bought by
Schobert Eric R
Seller's Agent
Steve Parafin
Berkshire Hathaway HomeServices Real Estate
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$55,900
Sold Price
$56,000
Premium/Discount to List
$100
0.18%
Views
16
Current Estimated Value
$65,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,005
Avg. Annual Appreciation
12.46%

Purchase Details

Listed on
May 5, 2021
Closed on
Sep 15, 2021
Sold by
East Shrs Dev Inc
Bought by
Katz Michele A
Seller's Agent
Joel Parrott
Expert Realty Solutions, INC.
Buyer's Agent
Joel Parrott
Expert Realty Solutions, INC.
List Price
$46,500
Sold Price
$55,000
Premium/Discount to List
$8,500
18.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.65%
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
Schobert Eric R $56,000 Corporate Settlement Solutions
Katz Michele A $55,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $56,000 -6.5% --
04/04/2024 04/04/24 Price Changed $59,900 +7.2% --
04/04/2024 04/04/24 For Sale $55,900 +1.6% --
09/16/2021 09/16/21 Sold $55,000 +18.3% -- View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $46,500 -- --
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 $762 $26,000 $0 $0
2024 $6 $26,000 $0 $0
2023 $570 $12,500 $0 $0
2022 $525 $12,500 $0 $0
2021 $211 $11,100 $0 $0
2020 $208 $10,600 $0 $0
2019 $204 $10,600 $0 $0
2018 $256 $11,600 $0 $0
2017 $246 $11,600 $0 $0
2016 $196 $16,200 $0 $0
2015 -- $15,100 $0 $0
2014 -- $15,100 $0 $0
2013 -- $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 473387

Northern Michigan MLS

APN: 05-42-105-033-00