NOT LISTED FOR SALE

4135 Burch Terrace Central Lake, MI 49622

Estimated Value: $1,259,116 - $2,212,000

4 Beds
3 Baths
1,974 Sq Ft
$805/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $760,000 $385 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $8,658/month

53 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Guest House
  • Solid Surface Countertops

About This Home

As of September 2017

EXPERIENCE TORCH LAKE LIVING on your very own private 122 feet of frontage! You will love coming home to this cute Torch Lake hideaway enhanced by 3 bedrooms and 2 baths. As you enter the living room from the tiled foyer you will discover a stone fireplace, hardwood floors, beamed ceilings and more. Beautiful living room/kitchen floors and ceilings with reclaimed wood from the original cottage. The sunroom will be a great place to curl up with a good book and enjoy the picturesque views of your private frontage. Open custom kitchen with new appliances; the eating area will be the gathering place for great meals or the family game night. The skylights bring in natural light and the ceiling fans will keep you cool on warm summer evenings. Outdoor living will be a breeze with a spacious deck, gorgeous landscaped grounds complete with a white picket fence and garden arbor. An added bonus is the super cute guest cottage will be a great place for your family and friends to stay during their visit. This is the perfect location to hop on your boat and start discovering the entire Chain-of-Lakes, including Torch Lake, Torch River, Clam Lake, Clam River, Elk Lake, Lake Skegemog. Head out on a kayak or stand up paddleboard and start exploring the Torch Lake shoreline from your new home or getaway cottage. Call today for your private tour.

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 06/28/2017

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 122 x 168 x 120 x 178
  • Private Waterfront
  • 122 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Workshop
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Mound Septic
  • Cable TV Available

Community Details

Overview

  • Burch Terrace Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Percent Of Remodel: 85
  • Estimated Year Built: 1998
  • Construction: Full Log, 2x6 Framing
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 7
  • Year Renovated: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan
  • Interior Amenities: Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Workshop, Beamed Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 9'9"x13'7", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11'5"x11'3", On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12'x8'8", On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11'10x11'5", On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 16'5"x13'8", On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18'9"x17'8", On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 11'10x18'1", On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1974
  • Price Per Sq Ft: 385.01
  • Range: R 8W
  • Total Finished Sf Apx: 1974

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Torch Lake
  • Exterior Features: Sprinkler System, Deck, Landscaped
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.42
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock
  • Waterfront Frontage: 122

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 9'2"x8
  • Sewer: Mound System, Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Burch Terrace

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Lot Number: 8/9
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 122 X 168 X 120 X 178
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1844.41
  • Taxable Value: 146587
  • Total Taxes: 2334.3
  • Winter Taxes: 1489.89
  • Year Summer: 2016
  • Year Winter: 2016

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Sep 8, 2017
Sold by
Christensen Richard H
Bought by
Franchi Delene E and Franchi Michael J
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
List Price
$769,900
Sold Price
$760,000
Premium/Discount to List
-$9,900
-1.29%
Current Estimated Value
$1,588,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,279
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jan 23, 2009
Bought by
Christensen Richard H and Christensen Judith
Source: Public Records

Range of Values:

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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
Franchi Delene E $760,000 --
Franchi Michael J $760,000 --
Christensen Richard H -- --
Christensen Judith S -- --
Christensen Judith S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $760,000 -1.3% $385 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $769,900 -- $390 / 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 $46 $689,900 $0 $0
2024 $46 $540,800 $0 $0
2023 $4,466 $356,000 $0 $0
2022 $8,607 $371,300 $0 $0
2021 $8,144 $357,800 $0 $0
2020 $7,968 $362,900 $0 $0
2019 $7,707 $331,700 $0 $0
2018 $13,266 $319,100 $0 $0
2017 $3,402 $321,500 $0 $0
2016 $1,844 $311,100 $0 $0
2015 -- $312,500 $0 $0
2014 -- $296,200 $0 $0
2013 -- $256,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1834753

Northern Great Lakes REALTORS® MLS

APN: 05-02-250-008-00