NOT LISTED FOR SALE

4851 N East Torch Lake Dr Central Lake, MI 49622

Estimated Value: $1,382,000 - $2,104,441

3 Beds
2 Baths
1,224 Sq Ft
$1,443/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $525,000 $429 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $9,617/month

40 Days on Market

Highlights

  • Private Waterfront
  • Second Garage
  • Ranch Style House
  • Deeded Waterfront Access Rights
  • Deck
  • Great Room

About This Home

As of August 2017

TORCH LAKE is waiting for you to come home to this great cottage or year around escape. Take a dip off the dock and sink your toes in the sand and watch the clear blue waters sparkle from your private 100 feet of frontage. Main floor living, enhanced by an open floor plan; great views of the lake from the living room with wood stove; 3 bedrooms, 2 baths; main floor laundry room; newer furnace; newer garage door; and so much more. Spend your days relaxing or entertaining on the large deck complete with an awning. Plenty of room for all your toys and hobbies with an attached garage with shop plus an additional 2-car garage across the road. You will appreciate the low maintenance vinyl siding, aluminum gutters and professional landscaping. Start exploring the waters of the entire Chain-of-Lakes by boat, including Torch River, Elk Lake, Lake Skegemog, Elk River, Clam Lake and Clam River. Heading to a waterfront restaurant or little coastal town for ice cream will be a start of new memories of waterfront living that you will cherish forever. This is a must see, call for your private tour today.

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 05/25/2017

RE/MAX Of Elk Rapids

Last Buyer's Agent

Butch Dewey

REO-TCBellaire-233025 License #6501273010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100 x 122 x 101 x 130
  • Private Waterfront
  • 100 Feet of Waterfront
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Workshop
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Second Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Torch View Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,079

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1963
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 7
  • Year Updated: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Water Softener Owned, Washer, Dryer, Blinds, Drapes, Propane Water Heater
  • Interior Amenities: Great Room, Workshop
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 17x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9x9, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 8x14, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 15x26, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1224
  • Price Per Sq Ft: 428.92
  • Range: R 8W
  • Total Finished Sf Apx: 1224

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Torch Lake
  • Exterior Features: Deck, Patio
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.4
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Concrete Floors, Detached, Door Opener

Utilities

  • Fireplaces And Stoves: Stove, Wood
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 2x6, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Torch View Shores

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Lot Number: 12
  • Deeded Waterfront: Yes
  • Land Features: Cleared
  • Lot Dimensions: 100 X 122 x 101 X 130
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1762.31
  • Taxable Value: 148573
  • Total Taxes: 3079.03
  • Winter Taxes: 1316.72
  • 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
May 25, 2017
Closed on
Aug 1, 2017
Sold by
Winterhalter Trust
Bought by
Red Roost Llc
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Butch Dewey
REO-TCBellaire-233025
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Current Estimated Value
$1,766,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,241,110
Avg. Annual Appreciation
15.67%
Source: Public Records

Range of Values:

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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
Red Roost Llc $525,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $525,000 -12.5% $429 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $599,900 -- $490 / 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 $151 $837,300 $0 $0
2024 $151 $818,700 $0 $0
2023 $14,498 $786,300 $0 $0
2022 $18,639 $548,800 $0 $0
2021 $17,716 $474,700 $0 $0
2020 $17,739 $469,800 $0 $0
2019 $10,210 $258,100 $0 $0
2018 $6,948 $169,900 $0 $0
2017 $2,991 $151,800 $0 $0
2016 $1,656 $234,700 $0 $0
2015 -- $259,400 $0 $0
2014 -- $250,700 $0 $0
2013 -- $211,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1832914

Northern Great Lakes REALTORS® MLS

APN: 05-14-775-013-00