NOT LISTED FOR SALE

311 River St Elk Rapids, MI 49629

Estimated Value: $596,000 - $804,000

3 Beds
2.5 Baths
1,335 Sq Ft
$523/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $600,000 $449 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,605/month

77 Days on Market

Highlights

  • Guest House
  • Bay View
  • Corner Lot
  • Elk Rapids High School Rated A-
  • Victorian Architecture
  • 4-minute walk to Veterans' Memorial Park Beach Playground

About This Home

As of December 2023

RARE OPPORTUNITY- this property currently with two rental units and a third accessory structure offers additional possibilities! The main house on the corner of River Street and Spruce offers 2BR, 1.5BA. Sooo charming, wrap-around enclosed porch, absolutely adorable decor, wood floors, spacious living room, eat-in kitchen, laundry and central air. Smaller unit offers 1BR (easily 2), 1BA, large kitchen, living room, high ceilings great for potential for enhancements and increased revenue. Great location in the quaint waterside Village of Elk Rapids. Water views overlooking Grand Traverse Bay, directly across from the beautiful park, tennis courts, spectacular sand beach and just a short walk to shopping, dining, cinema and all the downtown amenities.

Last Agent to Sell the Property

Kathy Wittbrodt

WITTBRODT WATERSIDE PROPERTIES License #6502126294 Listed on: 09/20/2023

Last Buyer's Agent

Kathy Wittbrodt

WITTBRODT WATERSIDE PROPERTIES License #6502126294 Listed on: 09/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,690

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66x115
  • Corner Lot
  • The community has rules related to zoning restrictions

Parking

  • Alley Access

Home Design

  • Victorian Architecture
  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Formal Dining Room
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Shed
  • Guest House

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,690

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Victorian, Cottage
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 20
  • Year Updated: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Blinds, Drapes, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Mud Room, Formal Dining Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14.2x11.2, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 14.2x10.9, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 17.8x10.4, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15.10x10.7, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 14.7x11.9, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1335
  • Estimated Below Grade Unfinished Sq Ft: 414
  • Price Per Sq Ft: 449.44
  • Range: R 9W
  • Total Finished Sf Apx: 1335

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Guest House
  • Exterior Features: Bay View
  • Exterior Finish: Wood
  • Foundation: Michigan Basement, Crawl Space
  • Number Of Acres: 0.17
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Alley Access

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Wood
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Number: 19
  • Land Features: Corner Lot
  • Lot Dimensions: 66x115
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Dec 7, 2023
Sold by
Elk Rapids Llc
Bought by
White Devon and White Ronald
Seller's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
Buyer's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%
Views
104
Current Estimated Value
$697,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,875
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Aug 3, 2020
Sold by
Weddle Stephanie
Bought by
Stephanie J Weddle T

Purchase Details

Listed on
Jun 27, 2016
Closed on
Nov 7, 2016
Sold by
Hresko Real Estate Inc
Bought by
Weddle Stephanie
Seller's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
Buyer's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Hresko James M and Hresko Kathleen J
Bought by
Hresko Real Estate Inc

Purchase Details

Closed on
Oct 4, 2002
Bought by
Hresko Real Estate Inc
Source: Public Records

Range of Values:

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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
White Devon $600,000 Attorney Only
Stephanie J Weddle T -- None Available
Weddle Stephanie $325,000 --
Hresko Real Estate Inc -- --
Hresko Real Estate Inc $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2023 12/13/23 Sold $600,000 -7.6% $449 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $649,500 -6.5% $487 / Sq Ft
09/20/2023 09/20/23 For Sale $695,000 +113.8% $521 / Sq Ft
11/07/2016 11/07/16 Sold $325,000 -14.5% $243 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $379,900 -- $285 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $10,690 $228,500 $0 $0
2024 $95 $204,100 $0 $0
2023 $6,872 $185,900 $0 $0
2022 $5,601 $172,200 $0 $0
2021 $5,389 $154,500 $0 $0
2020 $5,193 $134,600 $0 $0
2019 $5,260 $136,400 $0 $0
2018 $6,671 $128,500 $0 $0
2017 $6,667 $127,800 $0 $0
2016 $3,488 $124,100 $0 $0
2015 -- $123,100 $0 $0
2014 -- $119,000 $0 $0
2013 -- $124,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1915917

Northern Great Lakes REALTORS® MLS

APN: 05-43-010-028-00