NOT LISTED FOR SALE

4492 County Road 489 Onaway, MI 49765

Estimated Value: $385,000 - $999,629

Studio
1 Bath
-- Sq Ft
-- Built

Sale Details

Date Sold: January 5, 2024

Last sale price $865,000

Est. 24% decrease in value since last sale

Current estimated payment $3,980 / mo

146 Days on Market

Highlights

  • Waterfront
  • 3 Car Detached Garage
  • Ceiling Fan
  • Cottage
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of January 2024

Rare opportunity to own a operating resort on Black Lake and Rainy River! Located on the east shore of Black Lake and also on the Rainy River with 7 cottages and a main home, aluminum boats, docking, picnic tables, and cottages completely furnished with turn key operations this really is ready to for the next owner to start operations of a resort! There is a sandy beach area with a sea wall and steps down into the water great for swimming and easy lake access. The boat dockage is great with electric and cleats for so many of boats to dock and with your own boat launch for east access. The rentals are nearly completely booked for the summer 2023. They have operating website and been owners since 1970 and are looking for new owners to continue what they have enjoyed for years.....

Last Agent to Sell the Property

Darren Vizina

Berkshire Hathaway Homeservices Indian River Brokerage Phone: 231.238.7400 License #6501318387 Listed on: 05/31/2023

Berkshire Hathaway Homeservices Indian River

Co-Listed By

Mike Vizina

Berkshire Hathaway Homeservices Indian River Brokerage Phone: 231.238.7400 License #6506045086

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

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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Property Details

Home Type

  • Multi-Family

Parking

  • 3 Car Detached Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Onaway Elementary School
  • Onaway High School

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Gas Water Heater

Additional Features

  • Ceiling Fan
  • Waterfront

Community Details

  • 8 Units
  • T35n,R2e Subdivision

Listing and Financial Details

  • The owner pays for cable, electric, maintenance, fuel
  • Rent includes cable TV, electricity, maintenance, fuel
  • Assessor Parcel Number See Exhibit A
  • Tax Block 5

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: From Onaway take 211 Hwy North to State Park then right onto Bonz Beach then to Co Road 489
  • Garage Yn: Yes
  • Lot Size: 1.5 Acres (See Survey)
  • Prop. Type: Multi-Family
  • Attribution Contact: 231.238.7400
  • PropertySubType: Other
  • ResoLaundryFeatures: Main Level
  • Water Body Name: Black Lake
  • NAV29_Unit_1_Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Co List Office Phone: 231-238-7400
  • MLS Status: Closed
  • Subdivision Name: T35N,R2E
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Other
  • Contract Information:Short Sale: No
  • Electric:Electric: Master, Separate
  • Water:Water: Well
  • Construction: Brick, Frame
  • Util Pd by Owner: Cable, Electric, Maintenance, Fuel
  • Appliances:Appliances: Dishwasher, Dryer, Freezer, GasRange/Oven, Microwave, Refrigerator, Washer
  • PatioDeck:PatioDeck: Covered Deck, Enclosed Porch
  • Water Heater:Water Heater: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Vinyl

Exterior Features

  • Waterfront: Yes
  • Construction Type: Aluminum, Shed, Vinyl, Brick
  • Exterior:Exterior: Aluminum, Shed, Vinyl

Garage/Parking

  • Property Information:Garage Stall2: 3
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Cooling System: Ceiling Fan(s), Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Natural Gas, Propane, Space Heater
  • HeatingYN: Yes
  • Water Source: Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Condo/Co-op/Association

  • HOA Rent Includes: None, Cable TV, Electricity, Maintenance, Fuel

Schools

  • Elementary School: Onaway
  • Junior High Dist: Onaway
  • High School: Onaway

Lot Info

  • Parcel Number: See Exhibit A

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Block: 5
  • Tax Book Number: See Exhibit A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2009
Sold by
Bought by
Current Estimated Value
$654,657
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $865,000 0.0% --
10/26/2023 10/26/23 Off Market $865,000 -- --
05/26/2023 05/26/23 For Sale $865,000 -- --
Source: Water Wonderland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,589 $128,300 $0 $0
2025 $1,437 $122,000 $0 $0
2024 $786 $110,700 $0 $0
2023 $751 $91,900 $0 $0
2022 $1,267 $82,200 $0 $0
2021 $1,110 $81,700 $0 $0
2020 $1,107 $57,700 $0 $0
2019 $1,086 $56,500 $0 $0
2018 $1,085 $56,600 $0 $0
2016 -- $54,500 $0 $0
2014 -- $54,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darren Vizina Real Estate Agent - Berkshire Hathaway Homeservices Indian River

    Seller's Agent in 2024

    Darren Vizina

    Berkshire Hathaway Homeservices Indian River

    (231) 445-0354

    123 Total Sales

    Darren Vizina
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mike Vizina

    Berkshire Hathaway Homeservices Indian River

    (859) 380-6844

    109 Total Sales

    Mike Vizina
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MEMBER MLS

    MLS NON-MEMBER

  • 2

    Buyer's Agent in 2024

    221 221

    FNIS

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201824284

Water Wonderland Board of REALTORS®

APN: 090-005-000-140-02

Michigan Presque Isle County Onaway 49765

4492 County Road 489, Onaway, MI

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