NOT LISTED FOR SALE

3230 Sunset Terrace Central Lake, MI 49622

Estimated Value: $589,000 - $1,045,000

4 Beds
3.5 Baths
2,850 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $235,900 $83 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,035/month

68 Days on Market

Highlights

  • Cathedral Ceiling
  • Lower Floor Utility Room
  • Dining Room
  • Main Floor Primary Bedroom
  • Living Room
  • Family Room Downstairs

About This Home

As of March 2013

Four bedroom, 3.5 bath cedar sided home with seven acres and Lake Michigan and Torch Lake views and knotty pine interior. Cherry cabinets with corian counters in kitchen, new carpet, huge master bedroom with garden tub in master bath, finished walkout basement and attached heated garage with paved drive. This is Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage financing and HomePath Renovation Mortgage financing.

Last Agent to Sell the Property

Laurie Hodack

Coldwell Banker Schmidt - Boyne City Listed on: 12/05/2012

Coldwell Banker Schmidt - Boyne City

Co-Listed By

Harry Striebich

Coldwell Banker Schmidt - Charlevoix

Coldwell Banker Schmidt - Charlevoix

Last Buyer's Agent

Harry Striebich

Coldwell Banker Schmidt - Charlevoix

Coldwell Banker Schmidt - Charlevoix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20

Lot Details

  • 7 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-02-550-021-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$20

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Agent
  • Section: 16
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Cathedral Ceilings, Wood Fireplace
  • Total Finished Sq Ft: 2850
  • Master Bedroom: Dimensions: 20.10x16, On Level: Main
  • Bedroom 2: Dimensions: 12.5x11.2, On Level: Main
  • Bedroom 3: Dimensions: 16x11.2, On Level: Upper
  • Bedroom 4: Dimensions: 12x11.3, On Level: Main
  • Total Rooms: 13
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 8x7.3, On Level: Main
  • Kitchen: Dimensions: 13.6x10, On Level: Main
  • Family Room: Dimensions: 16.7x11.9, On Level: Lower
  • Living Room: Dimensions: 25.6x18, On Level: Main
  • Above Grade Finished Sq Ft: 1950
  • Bathroom 1: Dimensions: 12.6x7.5, On Level: Main
  • Bathroom 2: Dimensions: 7.9x4.6, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Gar Car Capacity: Two

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Central Lake

Lot Info

  • Estimated Number of Acres: 7
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 05-02-550-021-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2012
Closed on
Mar 20, 2013
Sold by
Fannie Mae
Bought by
Lemaster Stephen D
Seller's Agent
Laurie Hodack
Coldwell Banker Schmidt - Boyne City
Buyer's Agent
Harry Striebich
Coldwell Banker Schmidt - Charlevoix
List Price
$282,300
Sold Price
$235,900
Premium/Discount to List
-$46,400
-16.44%
Current Estimated Value
$741,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,543
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Sep 8, 2006
Bought by
Fannie Mae
Source: Public Records

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
Lemaster Stephen D $235,900 --
Fannie Mae $355,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $235,900 -16.4% $83 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $282,300 -- $99 / 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
2025 $20 $236,600 $0 $0
2024 $20 $300,400 $0 $0
2023 $1,943 $231,500 $0 $0
2022 $3,776 $212,000 $0 $0
2021 $3,573 $198,900 $0 $0
2020 $3,496 $179,300 $0 $0
2019 $3,382 $159,800 $0 $0
2018 $3,304 $140,700 $0 $0
2017 $2,865 $131,200 $0 $0
2016 $1,512 $125,200 $0 $0
2015 -- $131,100 $0 $0
2014 -- $133,900 $0 $0
2013 -- $127,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 435533

Northern Michigan MLS

APN: 05-02-550-021-00