NOT LISTED FOR SALE

405 Lake St Elk Rapids, MI 49629

Estimated Value: $420,000 - $468,712

2 Beds
1 Bath
1,296 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $425,000 $328 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,472/month

175 Days on Market

Highlights

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

About This Home

As of August 2024

The only little gem on Bass Lake in Elk Rapids. With 70 foot of frontage, two bedrooms a bath and large living and kitchen space, this home is one not to miss. Yes, this sweetheart of a cottage could use some updating but location, location, location. So close to downtown Elk Rapids, Lake Michigan, Elk Rapids Public Golf Course and Elk Lake, it doesn't get much better than this. The old one car garage has been converted to finished space with drywall and ceiling. The floor is concrete and could use some stain or flooring but certainly makes for a nicely heated workshop. The dining room is open to the great room space which does not deny the homeowner of amazing Bass Lake views. A set of binoculars and telescope would be great for entertainment on the lake and in the night sky. There's access to the back yard from the workshop aka old garage as well as a storage shed for water toys. A large deck lakeside is the perfect place for morning coffee or evening entertainment. a fire pit and you're ready for summer! Don't forget the public boat launch just a couple hundred yards to the East. Don't miss this diamond in the rough opportunity. Home is being sold AS IS. Welcome Home!

Last Agent to Sell the Property

Jennifer Martin

REO - Elk Rapids-101308 License #6502421294 Listed on: 02/02/2024

REO - Elk Rapids-101308

Last Buyer's Agent

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70 x 97
  • Private Waterfront
  • 70 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Private Driveway

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Great Room
  • Formal Dining Room
  • Workshop
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1975
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Pantry, Mud Room, Formal Dining Room, Great Room, Workshop, Vaulted Ceilings, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x12, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 18x16, On Level: Main Floor, Flooring: Carpet
  • Range: R 9W
  • Total Finished Sf Apx: 1296

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop
  • Body Of Water: Bass Lake
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.18
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Sandy Bottom, Public Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Driveway: Concrete, Private

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 70 x 97
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Dillon Dale T and Dillon Emily M
Bought by
Dillon Dale T and Dillon Emily M
Current Estimated Value
$444,178
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dillon Dale T -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $425,000 -14.1% $328 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $495,000 -8.0% $382 / Sq Ft
04/19/2024 04/19/24 Price Changed $538,000 -6.4% $415 / Sq Ft
02/14/2024 02/14/24 Price Changed $575,000 -6.0% $444 / Sq Ft
02/02/2024 02/02/24 For Sale $612,000 -- $472 / 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 $1,635 $128,700 $0 $0
2024 $13 $129,900 $0 $0
2023 $1,292 $98,900 $0 $0
2022 $939 $87,300 $0 $0
2021 $899 $99,000 $0 $0
2020 $849 $87,100 $0 $0
2019 $884 $87,600 $0 $0
2018 $1,336 $84,700 $0 $0
2017 $1,312 $82,000 $0 $0
2016 $1,064 $77,100 $0 $0
2015 -- $73,100 $0 $0
2014 -- $73,000 $0 $0
2013 -- $63,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1919045

Northern Great Lakes REALTORS® MLS

APN: 05-43-021-006-00