NOT LISTED FOR SALE

3671 River Rd Frankfort, MI 49635

Estimated Value: $348,000 - $443,869

3 Beds
1 Bath
1,783 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $300,000 $168 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,347/month

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Wood Burning Stove
  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Wooded Lot

About This Home

As of August 2021

Attention investors! Original owner on this 2- 3 bdrm home is situated on 2.34 acres with 234 Feet of Betsie River frontage located in beautiful Benzie County with a Frankfort address.. It's in need of some TLC such as flooring, but if you're ready to roll up your sleeves there's a diamond in the rough for you. The home also over looks a large pond that you can sit on the deck and hear the frogs as they carry on conversation. Many memories have been established here with youngsters fishing out of the pond and family kayak or river fishing from your own property. A 2 car over sized detached garage allows rooms for projects or a work shop area. Plenty of storage down below in the shed for storage ( shed needs new roof) Walk out basement that can be used as one desires with large family area and bar area. This is a Estate with some updates needed but the possibilities and property are truly amazing. UP North living out your back door and close to all amenities

Last Agent to Sell the Property

Brooke Sowa

REO-TCBeulah-Frankfort-233027 License #6501381196 Listed on: 07/14/2021

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Brooke Sowa

REO-TCBeulah-Frankfort-233027 License #6501381196 Listed on: 07/14/2021

REO-TCBeulah-Frankfort-233027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1977

Lot Details

  • 2.34 Acre Lot
  • Lot Dimensions are 240 x 528 x 77 x243x362
  • Home fronts a pond
  • Private Waterfront
  • 234 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,783 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Property is near a pond
  • Tiered Deck
  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Well

Community Details

  • Part Of Sinai Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,004

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1977
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 29
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Foyer Entrance
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'13x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12'11x12, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 18xcombo, On Level: Main Floor, Flooring: Carpet
  • Family Room: On Level: Lower Floor
  • Kitchen: Dimensions: 13xcombo, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 20x12'10, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 26'8x24, On Level: Lower Floor, Flooring: Concrete
  • Estimated Above Ground Finished Sq Ft: 936
  • Estimated Below Grade Finished Sq Ft: 847
  • Estimated Below Grade Unfinished Sq Ft: 89
  • Price Per Sq Ft: 168.26
  • Range: R 15W
  • Total Finished Sf Apx: 1783

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Betsie River
  • Exterior Features: Deck, Multi-Level Decking, Porch
  • Exterior Finish: Aluminum
  • Foundation: Full, Walkout
  • Number Of Acres: 2.34
  • Road: Gravel, Shared
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), River, Water View, Pond
  • Waterfront Frontage: 234

Garage/Parking

  • Driveway: Gravel, Private
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Part Of Sinai Valley

Schools

  • School District: Frankfort-Elberta Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: 240 x 528 x 77 x243x362
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Mackenzie Eugene A Trust
Bought by
Chipkewich Anthony A and Chipkewich Catherine J
Seller's Agent
Brooke Sowa
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Brooke Sowa
REO-TCBeulah-Frankfort-233027
List Price
$309,500
Sold Price
$300,000
Premium/Discount to List
-$9,500
-3.07%
Current Estimated Value
$400,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,967
Avg. Annual Appreciation
7.47%
Original Mortgage
$285,000
Outstanding Balance
$225,018
Interest Rate
2.15%
Mortgage Type
Construction
Estimated Equity
$175,187
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
Chipkewich Anthony A $300,000 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipkewich Anthony A $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $300,000 -3.1% $168 / Sq Ft
07/14/2021 07/14/21 For Sale $309,500 -- $174 / 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 $2,004 $178,800 $0 $0
2024 $1,236 $178,600 $0 $0
2023 $1,182 $166,300 $0 $0
2022 -- $81,200 $0 $0
2021 -- $77,900 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1890240

Northern Great Lakes REALTORS® MLS

APN: 05-001-090-00