NOT LISTED FOR SALE

4954 Benway Ln Central Lake, MI 49622

Estimated Value: $961,000 - $1,170,000

6 Beds
4.5 Baths
4,500 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $715,000 $159 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,965/month

29 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Spa
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck

About This Home

As of September 2021

Secluded six bedroom home located on the Torch Lake watershed in the upper Chain of Lakes, this custom-built, 4500 sq foot home offers both main-floor living and an in-law suite also with main-floor living. Field-stone, centerpiece fireplace. Beautiful water views from each floor and from the master bedroom. Polished concrete basement floors with additional living space including a bar, family room, additional bedroom, and a library or study room with built-in book shelves. Geothermal heat system in addition to existing forced-air propane furnace. Close access to all seasons of recreation from year-round fishing, to horseback riding to winter skiing and snowmobiling and summer water reaction in three of the major Northern Michigan waterways (Torch Lake, Lake Charlevoix, and West and East Bay). Large, three-car garage for toy storage.

Last Agent to Sell the Property

Renee Waverly

Brookstone, Realtors License #6501433389 Listed on: 06/17/2021

Brookstone, Realtors

Last Buyer's Agent

Renee Waverly

Brookstone, Realtors License #6501433389 Listed on: 06/17/2021

Brookstone, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125

Year Built

  • Built in 2002

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 112x585
  • Private Waterfront
  • 112 Feet of Waterfront
  • Dirt Road
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Den
  • Loft
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Satellite Dish
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$125

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, In-Law Suite or Apartment
  • Estimated Year Built: 2002
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 11
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Hot Tub, Ceiling Fan
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Granite Bath Tops, Island Kitchen, Den/Study, Beamed Ceilings, Vaulted Ceilings, Drywall
  • Bedrooms: 6
  • Bedroom 1: Dimensions: 18x20, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x14, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x18, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 18x19, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 4.5
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12x15, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 20x32, On Level: Lower Floor, Flooring: Concrete
  • Kitchen: Dimensions: 12x15, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18x20, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 14x15, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 3300
  • Estimated Below Grade Finished Sq Ft: 1200
  • Estimated Below Grade Unfinished Sq Ft: 700
  • Price Per Sq Ft: 158.89
  • Range: R 8W
  • Total Finished Sf Apx: 4500

Exterior Features

  • Body Of Water: Benway Lake
  • Exterior Features: Sprinkler System, Deck, Patio, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Poured Concrete, Finished Rooms, Full Finished
  • Number Of Acres: 1.5
  • Road: Public Maintained, Gravel, Dirt, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 112

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air, Heat Pump
  • Laundry: Dimensions: 8x8, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV, WiFi
  • Water: Private Well

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: 112x585
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 17, 2021
Sold by
Noyce Kevin and Noyce April
Bought by
Dahl Audra and Hall David
Seller's Agent
Renee Waverly
Brookstone, Realtors
Buyer's Agent
Renee Waverly
Brookstone, Realtors
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$1,087,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,616
Avg. Annual Appreciation
11.42%
Original Mortgage
$536,250
Outstanding Balance
$490,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$596,853
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
Dahl Audra $715,000 Corporate Settlement Solutions
Hall David $715,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahl Audra $536,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $715,000 -1.4% $159 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $725,000 +28.3% $161 / Sq Ft
06/24/2016 06/24/16 Sold $565,000 -4.2% $128 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $589,900 -- $134 / 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
2024 $125 $523,500 $0 $0
2023 $12,006 $387,400 $0 $0
2022 $15,862 $377,700 $0 $0
2021 $6,612 $339,000 $0 $0
2020 $6,469 $335,700 $0 $0
2019 $6,257 $288,300 $0 $0
2018 $6,082 $259,400 $0 $0
2017 $5,675 $260,400 $0 $0
2016 -- $228,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1888960

Northern Great Lakes REALTORS® MLS

APN: 05-02-011-036-21