Seller's Agent in 2020
Ranae Ihme
LVR Realty, LLC
(231) 218-2714
233 Total Sales
5 Great Lakes Unit 5 Glen Arbor, MI 49636
Estimated Value: $395,000 - $521,000
1
Bed
1
Bath
602
Sq Ft
$779/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Ski Accessible
- Sandy Beach
- 283 Feet of Waterfront
- Golf Course Community
- Deck
About This Home
As of February 2020Whole ownership. Walk right out to the Crystal River from the updated Great Lakes 5, a one bedroom, one bathroom, waterfront condominium in The Homestead. This condo has been tastefully renovated with new flooring, fresh paint, and has a very light and "beachy" decor. Cozy up by the wood-burning fireplace on colorful fall evenings, and enjoy access to the resort's cross country trails and downhill skiing in the winter. The bedroom has its own sliding doors to the patio, and a coin operated washer/dryer is located in the lower level of the building for ease and convenience. This spot is ideal for kayaking, tubing, wading, or splashing around, and just over the footbridge is also Lake Michigan, perfect for summer afternoons at the beach and gorgeous, west facing sunsets. This space comfortably accommodates up to 4 people with one bedroom and a sleeper sofa, and would be a great retreat for enjoying northern Michigan and the Sleeping Bear Dunes National Lakeshore! Excellent rental history. Sold furnished with some exceptions.
Last Agent to Sell the Property
LVR Realty, LLC License #6502348899 Listed on: 11/01/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,739
Year Built
- Built in 1976
Lot Details
- 283 Feet of Waterfront
- Sandy Beach
- Landscaped
- Wooded Lot
- The community has rules related to zoning restrictions
HOA Fees
- $227 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 602 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Water Views
- Crawl Space
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Outdoor Features
- Deeded Waterfront Access Rights
- River Access
- Deck
Location
- Ground Level Unit
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
Overview
- Association fees include exterior maintenance, lawn care, snow removal, trash removal
- Homestead Resort Community
Recreation
- Golf Course Community
- Community Spa
- Ski Accessible
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2019
Closed on
Feb 11, 2020
Sold by
Hobbs James C
Bought by
Gross Catheryn and Gross Anna
Seller's Agent
Ranae Ihme
LVR Realty, LLC
Buyer's Agent
Ranae Ihme
LVR Realty, LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,810
Avg. Annual Appreciation
12.58%
Purchase Details
Closed on
Nov 1, 2006
Sold by
Kraft Gerald
Bought by
Hobbs James C and Cundari-Hobbs Tammy L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gross Catheryn | $240,000 | -- | |
| Hobbs James C | $295,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $240,000 | -4.0% | $399 / Sq Ft |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 11/01/2019 11/01/19 | For Sale | $250,000 | -- | $415 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $3,739 | $234,700 | $0 | $0 |
| 2024 | $3,147 | $209,800 | $0 | $0 |
| 2023 | $1,029 | $161,600 | $0 | $0 |
| 2022 | $3,462 | $112,700 | $0 | $0 |
| 2021 | $3,379 | $100,400 | $0 | $0 |
| 2020 | $3,163 | $91,300 | $0 | $0 |
| 2019 | $3,227 | $92,700 | $0 | $0 |
| 2018 | -- | $103,600 | $0 | $0 |
| 2017 | -- | $116,500 | $0 | $0 |
| 2016 | -- | $115,200 | $0 | $0 |
| 2015 | -- | $117,700 | $0 | $0 |
| 2014 | -- | $130,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ranae Ihme
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1869180
APN: 006-705-003-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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