NOT LISTED FOR SALE

3220 Merritt St Unit 1 Conway, MI 49722

Estimated Value: $244,000 - $325,000

1 Bed
2 Baths
661 Sq Ft
$383/mo HOA Fee

Last Sold March 20, 2023

Last sale price $288,000 $436 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,346/month

18 Days on Market

Highlights

  • 340 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Docks
  • First Floor Utility Room
  • Living Room

About This Home

As of March 2023

Your hunt for affordable lakefront living is at an end! You won't find a more cost effective way to enjoy life on the water than this completely updated main floor end unit at the Inland House on Crooked Lake. Unlike the studio floorpans, this residence enjoys a true master suite and two full bathrooms, along with arguably the most desirable location in the entire community. Watch the sunrise from the stunningly updated kitchen, complete with quartz countertops and brand new GE Cafe appliances. Cozy up for a long ski weekend along the roaring gas fireplace. Or invite friends over for a large gathering in the community space complete with bike storage and laundry. You don't need to be content just sitting along the lakeside either. Just head out to your private dock slip and jump in the boat for a day of fun in the sun! Located 10 minutes from downtown Petoskey, ski resorts, championship golf, and everything else that makes Northern Michigan so special. In addition to your own use, let the property help pay its own bills as a vacation rental during snowy and sunny seasons alike! With dues covering gas, water, sewer, cable, internet, snow removal, and lawn care, you'll be amazed at how far your dollar goes with this unique community. Don't delay in checking out this truly unique offering.

Last Listed By

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 01/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,822

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 661 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Washer
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Docks
  • 340 Feet of Waterfront

Community Details

  • Inland House Association

Listing and Financial Details

  • Assessor Parcel Number 08-16-24-177-101

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,822

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/27/2023
  • Section: 24
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Ceiling Fans, Dishwasher, Dock, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 661
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Slab
  • 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: 661
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 1
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

  • Construction: Brick
  • Lake: Crooked
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 340
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Heat Type: Natural Gas, Electric
  • Sewer: Township
  • Water: Well, Community

Condo/Co-op/Association

  • Association: Inland House
  • Association: Yes
  • Condo Unit Number: 1
  • Condo: Yes
  • Fees: 383

Schools

  • School District: Petoskey

Lot Info

  • Zoning: LLT R-2

Tax Info

  • Assessor Parcel Number: 08-16-24-177-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 20, 2023
Sold by
Alma Maurice Floyd and Maginnis Jennifer Ann
Bought by
Schiller Richard L and Schiller Margaret
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$299,000
Sold Price
$288,000
Premium/Discount to List
-$11,000
-3.68%
Total Days on Market
18
Views
51
Current Estimated Value
$280,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,780
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Aug 15, 2022
Sold by
Iansiti Cathy
Bought by
Alma Maurice Floyd and Maginnis Jennifer Ann

Purchase Details

Closed on
Dec 12, 2012
Sold by
Mcglinchey John J and Mcglinchey Jean
Bought by
Iansiti Cathy

Purchase Details

Closed on
Dec 2, 2003
Sold by
O'Connor Christian K
Bought by
O'Connor Timothy P and O'Connor Elizabeth A

Purchase Details

Closed on
Apr 29, 1999
Sold by
O'Connor Timothy
Bought by
O'Connor Christian K

Purchase Details

Closed on
Nov 1, 1986
Bought by
O'Connor

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
Schiller Richard L -- Crossroads Title
Alma Maurice Floyd $225,000 --
Iansiti Cathy $75,000 None Available
O'Connor Timothy P -- --
O'Connor Christian K -- --
O'Connor $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keys Property Management Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $288,000 -3.7% $436 / Sq Ft
01/27/2023 01/27/23 For Sale $299,000 -- $452 / 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
2024 $4,822 $116,900 $116,900 $0
2023 $1,171 $68,900 $68,900 $0
2022 $1,171 $63,900 $63,900 $0
2021 $1,995 $63,900 $63,900 $0
2020 $1,960 $61,200 $61,200 $0
2019 $1,915 $59,500 $59,500 $0
2018 $1,889 $52,200 $52,200 $0
2017 -- $52,200 $52,200 $0
2016 -- $45,300 $45,300 $0
2015 -- $45,300 $0 $0
2014 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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    Section Image

Source: Northern Michigan MLS

MLS Number: 470307

Northern Michigan MLS

APN: 08-16-24-177-101