NOT LISTED FOR SALE

3220 Merritt St Unit 17 Conway, MI 49722

Estimated Value: $182,000 - $226,000

1 Bed
1 Bath
296 Sq Ft
$138/mo HOA Fee

Last Sold May 11, 2016

Last sale price $54,000 $182 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,384/month

21 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Living Room
  • Docks
  • Brick or Stone Mason
  • Heating Available

About This Home

As of May 2016

Income investment property doesn't have to be expensive. At the Inland House this unit is ready for guests to enjoy Crooked Lake. Fully furnished makes this unit a turnkey property. It's an opportunity that you can't refuse. The vaulted ceiling makes the unit feel more comfortable with large windows viewing the lake. TV and Wi-Fi service makes this unit very attractive to potential guest during prime season.

Last Listed By

Christopher Skrobeck

Van Treese Management LLC Listed on: 01/18/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,168

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Rolled or Hot Mop Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 296 Sq Ft Home
  • Living Room
  • Water Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Well

Additional Features

  • Docks
  • 300 Feet of Waterfront

Community Details

  • Inland House Association

Listing and Financial Details

  • Assessor Parcel Number 08-16-24-177-117

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,168

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/19/2016
  • Measurement Source: Appraiser
  • Section: 24
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: AC Wall Unit, Dock
  • Total Finished Sq Ft: 296
  • 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: 1
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 296
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 1
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Concrete/Block, Stone
  • Lake: Crooked
  • Roof: Rolled
  • Waterfront Frontage: 300
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Heat Type: Electric
  • Sewer: Township
  • Water: Well

Condo/Co-op/Association

  • Association: Inland House
  • Association: Yes
  • Condo Unit Number: 17
  • Condo: Yes
  • Fees: 138

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 08-16-24-177-117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
May 11, 2016
Sold by
Keck Steven R and Keck Nancy A
Bought by
Smith Gregory M
Seller's Agent
Christopher Skrobeck
Van Treese Management LLC
Buyer's Agent
Jeff Meads
Lynda's Real Estate Service
List Price
$62,900
Sold Price
$54,000
Premium/Discount to List
-$8,900
-14.15%
Total Days on Market
21
Current Estimated Value
$206,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,291
Avg. Annual Appreciation
15.91%
Original Mortgage
$432,000
Outstanding Balance
$203,508
Interest Rate
3.59%
Estimated Equity
-$494

Purchase Details

Listed on
Apr 3, 2015
Closed on
Apr 3, 2015
Sold by
Van Treese Llc
Bought by
Keck Steven Robert and Keck Nancy Ann
Seller's Agent
Jack Van Treese
Jack Van Treese & Assoc..
Buyer's Agent
Christopher Skrobeck
Van Treese Management LLC
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.06%
Original Mortgage
$54,000
Interest Rate
3.73%

Purchase Details

Closed on
Aug 13, 2014
Sold by
Czuchaj Jefferey P and Czuchaj Linda L
Bought by
Van Treese Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
Iansiti Catherine P and Iansiti Mark T
Bought by
Czuchaj Jefferey P and Czuchaj Linda L

Purchase Details

Closed on
Sep 10, 2002
Sold by
O'Connor Christian K
Bought by
Iansiti Mark T and Iansiti Catherine P

Purchase Details

Closed on
Apr 30, 1999
Sold by
Rupp William and Rupp Melinda
Bought by
O'Connor Christian K

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
Smith Gregory M $54,000 Tacon Title Agency
Keck Steven Robert $60,000 None Available
Van Treese Llc $40,000 Talon Title Agency
Czuchaj Jefferey P $55,000 --
Iansiti Mark T $59,800 --
O'Connor Christian K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gregory M $432,000
Previous Owner Keck Steven Robert $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $54,000 -14.1% $182 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $62,900 +4.8% $213 / Sq Ft
04/03/2015 04/03/15 Sold $60,000 0.0% $203 / Sq Ft
04/03/2015 04/03/15 For Sale $60,000 -- $203 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
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 $1,168 $52,500 $52,500 $0
2023 $1,070 $31,000 $31,000 $0
2022 $1,070 $28,700 $28,700 $0
2021 $1,034 $28,700 $28,700 $0
2020 $1,016 $27,500 $27,500 $0
2019 $993 $26,700 $26,700 $0
2018 $979 $23,500 $23,500 $0
2017 -- $23,500 $23,500 $0
2016 -- $20,300 $20,300 $0
2015 -- $20,300 $0 $0
2014 -- $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Michigan MLS

MLS Number: 446989

Northern Michigan MLS

APN: 08-16-24-177-117