NOT LISTED FOR SALE

457 Lake St Frankfort, MI 49635

Estimated Value: $295,000 - $387,949

2 Beds
1 Bath
776 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $316,000 $407 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,631/month

55 Days on Market

Highlights

  • Bay View
  • Pole Barn
  • Solid Surface Countertops
  • Wooded Lot
  • Corner Lot
  • Cottage

About This Home

As of September 2022

From the moment you arrive and step foot on the porch of this charming cottage, you will not want to leave. The covered porch invites you to take a seat and relax, and from the right spot, you will be able to look out over Betsie Bay to the Frankfort lighthouse. Inside, the charmingness continues. Every room portrays a feeling of comfort and relaxation. And, even with the updates that were made, many classic features were kept such as the built in shelving that opens to both the living room and kitchen. The bonus to this cute cottage is its location! Downtown Frankfort is just minutes away. Plus, across the road is the Betsie Valley Trail providing you 27 miles of biking and hiking opportunities. In the evening you can take the trail one and half miles to the Frankfort Lighthouse and watch the sun set on another beautiful day. All new windows in 2014 and a new roof installed in 2012. New appliances and Corian countertops were installed in the kitchen. The property is being offered as turn key upon possession, minus a few personal items. Come and check out why this cottage is a must see, and you might just fall in love!

Last Agent to Sell the Property

T. J. Shimek

The Mitten Real Estate Group License #6506048854 Listed on: 07/20/2022

Last Buyer's Agent

Brian Krause

REO-TCBeulah-Frankfort-233027 License #6501247769

REO-TCBeulah-Frankfort-233027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,183

Year Built

  • Built in 1946

Lot Details

  • 0.76 Acre Lot
  • Corner Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bay Views

Kitchen

  • Oven or Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Satellite Dish

Community Details

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,183

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1946
  • Construction: Frame
  • Section Number: 27
  • Year Updated: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1946

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Solid Surface Counters
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x11
  • Bedroom 2: Dimensions: 10x10
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x10
  • Living Room: Dimensions: 22x10
  • Estimated Above Ground Finished Sq Ft: 776
  • Price Per Sq Ft: 407.22
  • Range: R 16W
  • Total Finished Sf Apx: 776

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Bay View, Patio, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Piers
  • Number Of Acres: 0.76
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Bay View

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 10x5, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Trails

Schools

  • School District: Frankfort-Elberta Area Schools

Lot Info

  • Land Features: Corner Lot, Wooded-Hardwoods, Evergreens
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 16, 2022
Sold by
Rusin B & D F Tr
Bought by
Bgk
Seller's Agent
T. J. Shimek
The Mitten Real Estate Group
Buyer's Agent
Brian Krause
REO-TCBeulah-Frankfort-233027
List Price
$239,900
Sold Price
$316,000
Premium/Discount to List
$76,100
31.72%
Views
100
Current Estimated Value
$343,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,237
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Lee Robert E
Bought by
Bradley Rusin and Rusin Debra
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
Bgk $316,000 --
Bradley Rusin $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $316,000 +31.7% $407 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $239,900 -- $309 / 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 $9,183 $158,900 $0 $0
2024 $8,270 $162,000 $0 $0
2023 $7,723 $157,700 $0 $0
2022 -- $78,000 $0 $0
2021 -- $75,500 $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: 1902789

Northern Great Lakes REALTORS® MLS

APN: 51-030-025-00