NOT LISTED FOR SALE

402 Rivershore Dr Elk Rapids, MI 49629

Estimated Value: $848,000 - $1,781,589

3 Beds
2.5 Baths
2,160 Sq Ft
$579/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $545,000 $252 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,633/month

429 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • Contemporary Architecture

About This Home

As of May 2012

Spencers Bay on Elk Lake- 100' of sandy lake shore with fantastic sunset views. Quality built 2160 sq.ft. home with 3BR, 2.5 Bath, vaulted ceilings, hardwood floors, larger great room and sunroom. Walk to town, beaches on the bay, shopping and more. Private beach area on beautiful Spencers Bay.

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 02/28/2011

RE/MAX Of Elk Rapids

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85

Year Built

  • Built in 2005

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x193x102x206
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Solarium
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$85

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 2005
  • Construction: 2x6 Framing
  • Private Shared: Private
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Solarium/Sun Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.06x13.09, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 17.03x11.11, On Level: Main Floor, Flooring: None
  • Bedroom 3: Dimensions: 17.03x10.09, On Level: Main Floor, Flooring: None
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Dining Room: Dimensions: combox16.01, On Level: Main Floor, Flooring: None
  • Family Room: Dimensions: 14.00x12.00, On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: 26.06x21.00, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 26.06xcombo, On Level: Main Floor, Flooring: None
  • Estimated Above Ground Finished Sq Ft: 2160
  • Price Per Sq Ft: 252.31
  • Total Finished Sf Apx: 2160

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Elk Lake
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.45
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 100x193x102x206
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2011
Closed on
May 21, 2012
Sold by
Knight Gwendolin V
Bought by
Clark Jeffrey S
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$624,900
Sold Price
$545,000
Premium/Discount to List
-$79,900
-12.79%
Current Estimated Value
$1,249,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,897
Avg. Annual Appreciation
6.27%
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
Clark Jeffrey S $545,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $545,000 -12.8% $252 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
02/28/2011 02/28/11 For Sale $624,900 -- $289 / 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 $85 $591,900 $0 $0
2024 $85 $622,600 $0 $0
2023 $8,119 $536,100 $0 $0
2022 $10,849 $394,700 $0 $0
2021 $10,439 $372,300 $0 $0
2020 $10,060 $309,400 $0 $0
2019 $10,190 $301,500 $0 $0
2018 $12,923 $267,500 $0 $0
2017 $12,678 $264,300 $0 $0
2016 $11,077 $248,900 $0 $0
2015 -- $240,900 $0 $0
2014 -- $247,900 $0 $0
2013 -- $240,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1723933

Northern Great Lakes REALTORS® MLS

APN: 05-43-028-001-10