NOT LISTED FOR SALE

4520 Arborvitae Dr Honor, MI 49640

Estimated Value: $1,109,859 - $1,195,000

3 Beds
2.5 Baths
2,564 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $875,000 $341 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,111/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 16.49 Acre Lot
  • Contemporary Architecture
  • 57 Feet of Waterfront
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2022

Private Platte Lake frontage with 16 acres!!! Four seasons of recreation come with this rare opportunity. This spacious log cabin is situated on 16 acres of prime land and includes private frontage on Platt Lake. Offering three large bedrooms, three baths, and over 2500 square feet of living area. The main floor has a gracious open concept perfect for entertaining family and friends. A large kitchen and dining area, wood floors, and beams, with a beautiful stone fireplace in the family room. The primary bedroom, private ensuite, and laundry are also located on the main floor. The second floor includes two more large bedrooms, a bathroom, plus a large loft that allows for flex space (home office, hobby area, or play area). This attractive log home has a wrap-around deck, and a detached garage with a loft. Room to fit your toys and loft above to work or store more toys! Living on this property allows you to participate in year-round outdoor activities. Hunting, fishing, boating, ATV, hiking, cross country skiing, you name it. Plenty of wildlife can be admired here; deer, turkey, fox, bear, bobcat, and bald eagles have all been spotted here. So if you are looking for a four seasons lifestyle and a lovely home. STOP here. You just found a Northern Michigan Gem.

Last Agent to Sell the Property

Angela DiLorenzo

Berkshire Hathaway Homeservices - TC License #6502388243 Listed on: 09/14/2022

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Ann Porter

REO-TCRandolph-233022 License #6506044226

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,570

Year Built

  • Built in 2001

Lot Details

  • 16.49 Acre Lot
  • Lot Dimensions are 57.54x143
  • 57 Feet of Waterfront
  • Dirt Road
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Great Room
  • Loft
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,570

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2001
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 33
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Walk-In Closet(s), Loft, Great Room, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.6x10.2, On Level: Main Floor
  • Bedroom 2: Dimensions: 21.3x14, On Level: Upper Floor
  • Bedroom 3: Dimensions: 14.6x14.1, On Level: Upper Floor
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 29x14.1, On Level: Upper Floor
  • Kitchen: Dimensions: 11.5x10.8, On Level: Main Floor
  • Living Room: Dimensions: 25x18, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2564
  • Price Per Sq Ft: 341.26
  • Range: R 15W
  • Total Finished Sf Apx: 2564

Exterior Features

  • Body Of Water: Big Platte Lake
  • Exterior Features: Deck, Covered Porch, Landscaped
  • Exterior Finish: Log Siding
  • Foundation: Crawl Space
  • Number Of Acres: 16.49
  • Road: Gravel, Dirt
  • Roof: Composite
  • Water Features: Inland Lake, Water View
  • Waterfront Frontage: 57

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 4.9x10.2, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Rolling
  • Lot Dimensions: 57.54x143
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 24, 2022
Sold by
Gilbert Leslie J
Bought by
Gleason John G and Erwin Michelle
Seller's Agent
Angela DiLorenzo
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ann Porter
REO-TCRandolph-233022
List Price
$875,000
Sold Price
$875,000
Views
18
Current Estimated Value
$1,152,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,430
Avg. Annual Appreciation
5.29%
Original Mortgage
$787,500
Outstanding Balance
$757,737
Interest Rate
4.87%
Mortgage Type
Construction
Estimated Equity
$257,380

Purchase Details

Closed on
Jun 6, 2000
Sold by
Gray Imogene H
Bought by
Gilbert Robert and Gilbert Leslie Jean
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
Gleason John G $875,000 Attorneys Title Agcy Llc
Gilbert Robert $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason John G $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $875,000 0.0% $341 / Sq Ft
09/14/2022 09/14/22 For Sale $875,000 -- $341 / 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 $10,570 $674,900 $0 $0
2024 $4,578 $555,700 $0 $0
2023 $4,343 $460,500 $0 $0
2022 -- $434,900 $0 $0
2021 -- $366,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1904922

Northern Great Lakes REALTORS® MLS

APN: 10-024-011-10