NOT LISTED FOR SALE

4103 Burch Terrace Central Lake, MI 49622

Estimated Value: $542,000 - $1,024,000

3 Beds
1 Bath
784 Sq Ft
$929/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $365,000 $466 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,971/month

276 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Wood Burning Stove
  • Deeded Waterfront Access Rights
  • Deck
  • Cottage

About This Home

As of April 2017

PICTURESQUE TORCH LAKE VIEWS will be yours to enjoy from this charming log home. In a serene setting this fully furnished home offers a stone fireplace for cozy evenings; 3 bedrooms; full log interior; new roof in 2016; garden storage shed; dock and views down the length of Torch Lake. Enjoy access to the entire Chain-of-Lakes~Torch, Elk and Lake Skegemog from your private dock for hours of boating pleasure. You will be in awe with the sunset views from the large beach side deck. Great opportunity to own your very own slice of heaven on Torch Lake~call today for your private showing!

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 06/29/2016

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1940

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 60 x 178 x 60 x 176
  • Private Waterfront
  • 60 Feet of Waterfront
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 784 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Shed

Utilities

  • Well

Community Details

Overview

  • Burch Terrace Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage
  • Estimated Year Built: 1940
  • Construction: Full Log
  • Private Shared: Private
  • Section Number: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Interior Amenities: Beamed Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 7.8x9.6, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 9.7x7.8, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 8.9x7.6, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Family Room: Dimensions: 12.2x15.1, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 7.3x10.3, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 16.4x15.7, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 784
  • Price Per Sq Ft: 465.56
  • Range: R 8W
  • Total Finished Sf Apx: 784

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Torch Lake
  • Exterior Features: Deck
  • Exterior Finish: Full Log
  • Foundation: Crawl Space
  • Number Of Acres: 0.42
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Rocky Shoreline
  • Waterfront Frontage: 60

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Laundry: Dimensions: 7.10x11.1, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Burch Terrace

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: 60 x 178 X 60 X 176
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 2311.97
  • Taxable Value: 76917
  • Total Taxes: 3087
  • Winter Taxes: 775.03
  • Year Summer: 2015
  • Year Winter: 2015

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Karen Edward L and Baer Karen L
Bought by
Karen Edward L and Baer Karen L
Current Estimated Value
$728,417

Purchase Details

Listed on
Jun 29, 2016
Closed on
Apr 28, 2017
Sold by
Wood Clifford
Bought by
Baer Edward L and Baer Karen L
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
List Price
$424,900
Sold Price
$365,000
Premium/Discount to List
-$59,900
-14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
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
Karen Edward L -- --
Baer Edward L $365,000 --
Baer Edward L $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baer Edward L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $365,000 -14.1% $466 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
06/29/2016 06/29/16 For Sale $424,900 -- $542 / 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 $24 $367,800 $0 $0
2024 $24 $255,500 $0 $0
2023 $2,322 $202,200 $0 $0
2022 $4,512 $209,800 $0 $0
2021 $4,270 $203,800 $0 $0
2020 $4,178 $206,100 $0 $0
2019 $4,041 $184,600 $0 $0
2018 $3,948 $167,300 $0 $0
2017 $1,745 $168,200 $0 $0
2016 $2,319 $173,300 $0 $0
2015 -- $163,600 $0 $0
2014 -- $157,400 $0 $0
2013 -- $151,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819445

Northern Great Lakes REALTORS® MLS

APN: 05-02-250-007-00