NOT LISTED FOR SALE

4398 Lake Ave Interlochen, MI 49643

Estimated Value: $264,000 - $317,000

2 Beds
2 Baths
1,016 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $140,000 $138 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,791/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Screened Porch
  • 25 Feet of Waterfront
  • Countryside Views
  • Cottage

About This Home

As of May 2019

This cottage sits across the road from all sports Duck Lake and backs up to the Interlochen State Park. Enjoy a show at Interlochen's Arts Academy or take a quick trip to Traverse City. There is an access to Duck Lake At the corner of Gangway and Lake Ave. Property has a small cabin and an accessory structure.

Last Agent to Sell the Property

Felicia Randall

EXP Realty License #6506047933 Listed on: 03/18/2019

EXP Realty

Last Buyer's Agent

Matthew Koeplin

Key Realty One-TC License #6501386480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 52x100
  • 25 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Cottage
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Screened Porch
  • Countryside Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Waterfront Park

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater

Community Details

Overview

  • Forest Home Community

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,131

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Guest Quarters, 2 Residences / 1 Lot
  • Style: Cottage, Bungalow, 1 Story
  • Estimated Year Built: 1910
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 27
  • Year Updated: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Electric Water Heater
  • Interior Amenities: Laundry Hook-Up
  • Main Floor Primary: No
  • Price Per Sq Ft: 137.8
  • Range: R 12W
  • Total Finished Sf Apx: 1016

Exterior Features

  • Body Of Water: Duck Lake
  • Exterior Features: Countryside View, Screened Porch
  • Exterior Finish: Shingle
  • Foundation: Crawl Space, Slab
  • Lake Size: 1930
  • Number Of Acres: 0.11
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, Public Lake, All Sports, Sandy Shoreline
  • Waterfront Frontage: 25

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well
  • Heating Cooling Type: Forced Air, Wall
  • Fireplace And Stoves: Fireplace

Association/Amenities

  • Development Amenities: Water Front Park, Community Dock
  • Development Name: Forest Home

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 22
  • Deeded Waterfront: Yes
  • Lot Dimensions: 52X100
  • Zoning Use Restrictions: Residential

Tax Info

  • Taxable Value: 44300

Multi Family

  • Total Number Units: 1

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 31, 2019
Sold by
Moon Family Trust
Bought by
Fitzpatrick David E and Fitzpatrick Lisa J
Seller's Agent
Felicia Randall
EXP Realty
Buyer's Agent
Matthew Koeplin
Key Realty One-TC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Total Days on Market
17
Current Estimated Value
$281,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,380
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Oct 6, 2006
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
Fitzpatrick David E $140,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $140,000 -12.5% $138 / Sq Ft
04/17/2019 04/17/19 For Sale $160,000 0.0% $157 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $160,000 -- $157 / 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 $3,131 $100,600 $0 $0
2024 $2,568 $87,500 $0 $0
2023 $2,452 $61,800 $0 $0
2022 $2,906 $69,300 $0 $0
2021 $2,825 $61,800 $0 $0
2020 $1,850 $56,200 $0 $0
2019 $1,184 $45,900 $0 $0
2018 $1,516 $44,600 $0 $0
2017 -- $44,300 $0 $0
2016 $1,310 $41,200 $0 $0
2014 $1,310 $35,600 $0 $0
2012 $1,310 $34,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1858156

Northern Great Lakes REALTORS® MLS

APN: 07-320-022-00