NOT LISTED FOR SALE

402 W Elder Rd Mancelona, MI 49659

Estimated Value: $226,000 - $288,000

4 Beds
1.5 Baths
1,926 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $185,000 $96 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,416/month

163 Days on Market

Highlights

  • Countryside Views
  • Wooded Lot
  • Jetted Tub in Primary Bathroom
  • Deck
  • Ranch Style House
  • Mud Room

About This Home

As of November 2022

Looking to be away from all the hustle and bustle where you can enjoy peace and quiet, appreciate all the beautiful wildlife yet still close enough to the actives you love? Well then...Welcome Home! This 4-bedroom home is located minutes from Torch Lake, Lake Bellaire, and Schuss Mountain/Shanty Creek. The open concept area including the kitchen, dining room, and small seating area with a nice pellet stove will keep your guests cozy and warm while still allowing you to have the ability to visit with them while you prepare a wonderful meal. In addition to the 4 bedrooms on main level you also have an oversized office area which could be utilized a wide variety of options; separate workspace, craft or workshop area, home gym, main level man cave, indoor she-space, the possibilities are truly endless. A few highlights of this home comprise of; master bedroom separate from the other 3 bedrooms offering a bit of privacy, new roof 6-7 years ago, completely remodeled main bathroom with jetted tub, separate shower and double vanity sink, ample cupboard space in kitchen, and substantial storage space in unfinished basement and multiple outbuildings. Also conveniently located just minutes from Mancelona Schools, Iron Skillet Restaurant, beautiful Palmer Park, Family Fare Supermarket and only 30 miles from Traverse City.

Last Agent to Sell the Property

Crystal Gober

Traverse Real Estate Listed on: 04/25/2022

Last Buyer's Agent

Crystal Gober

Traverse Real Estate Listed on: 04/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1953

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 561 x 777
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Countryside Views
  • Seasonal Views

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,926 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Workshop

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 1953

Lot Details

10 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1953
  • Construction: Frame
  • Univs Design Barrier Free: Ramped Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Ceiling Fan
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Walk-In Closet(s), Mud Room, Workshop
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14.6x10.11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.8x8, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 10x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12.8x13.3, On Level: Main Floor
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 27.5x10.6, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 27.5x18, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 12x18, On Level: Main Floor, Flooring: Carpet
  • Range: R 7W
  • Total Finished Sf Apx: 1926

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Countryside View, Seasonal View, Garden Area
  • Exterior Finish: Wood
  • Foundation: Full, Block, Daylight Windows, Unfinished
  • Number Of Acres: 10
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel, Dirt
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Wood, Pellet
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: WiFi
  • Water: Municipal

Lot Info

  • Land Features: Cleared, Wooded
  • Lot Dimensions: 561 x 777
  • Mineral Rights: Yes
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 509.97
  • Total Taxes: 807.57
  • Winter Taxes: 297.60

MLS Schools

  • School District: Mancelona Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Nov 10, 2022
Sold by
Churchill Ronald D and Churchill Sandra K
Bought by
Rowan Tailer
Seller's Agent
Crystal Gober
Traverse Real Estate
Buyer's Agent
Crystal Gober
Traverse Real Estate
List Price
$279,900
Sold Price
$185,000
Premium/Discount to List
-$94,900
-33.9%
Views
39
Current Estimated Value
$248,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,984
Avg. Annual Appreciation
9.57%
Original Mortgage
$181,649
Outstanding Balance
$173,765
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$75,219
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rowan Tailer $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowan Tailer $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2022 11/14/22 Sold $185,000 -14.0% $96 / Sq Ft
06/24/2022 06/24/22 Price Changed $215,000 -6.5% $112 / Sq Ft
05/16/2022 05/16/22 Price Changed $229,900 -11.5% $119 / Sq Ft
05/02/2022 05/02/22 Price Changed $259,900 -7.1% $135 / Sq Ft
04/25/2022 04/25/22 For Sale $279,900 -- $145 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $1,597 $108,600 $0 $0
2024 $15 $101,000 $0 $0
2023 $1,497 $107,900 $0 $0
2022 $840 $66,200 $0 $0
2021 $808 $63,200 $0 $0
2020 $787 $57,800 $0 $0
2019 $762 $54,200 $0 $0
2018 $751 $49,400 $0 $0
2017 $736 $47,400 $0 $0
2016 $502 $45,900 $0 $0
2015 -- $42,700 $0 $0
2014 -- $41,900 $0 $0
2013 -- $40,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898882

Northern Great Lakes REALTORS® MLS

APN: 05-04-024-002-35

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