505 E 3rd St Elk Rapids, MI 49629
2
Beds
1
Bath
1,145
Sq Ft
0.25
Acres
Highlights
- Deck
- Contemporary Architecture
- Main Floor Primary Bedroom
- Elk Rapids High School Rated A-
- Cathedral Ceiling
- Loft
About This Home
As of March 2025Young families, retirees, gardening and permaculture enthusiasts: check out this new Elk Rapids listing! Recently updated bathroom, kitchen counters, backsplash, flooring and brand-new washer-dryer. The vaulted ceiling gives the space an open & airy feel. Main level living with a loft for bonus space. Outside, you'll find an amazing, fully-fenced food forest featuring apple, pear, cherry, peach, plum, mulberry, and Asian pear trees along with other perennials including flowers, hazelnuts, herbs, gumi, asparagus, blueberries, raspberries, strawberries, and gooseberries. Hoophouse, shed, and 1.5 car garage with workbench complete this compelling package. This home is steps away from East side amenities including award-winning ER schools, athletic fields, walking trails, golf course, tennis courts, restaurants, and three rarely used Elk Lake public access points. A short bike ride connects you to Elk Rapid's quaint shops, restaurants, and awesome Lake Michigan beaches, while boaters will enjoy exceptional harbors and easy launch points to GT Bay, Elk Lake, and Bass Lake. This is priced to sell and ready for its next chapter as the perfect base for sustainable Elk Rapid's living!
Last Agent to Sell the Property
RE/MAX Of Elk Rapids License #6502369390 Listed on: 09/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18
Year Built
- Built in 1940
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 70x156
- Corner Lot
- Level Lot
- The community has rules related to zoning restrictions
Home Design
- Contemporary Architecture
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,145 Sq Ft Home
- 1.5-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Drapes & Rods
- Entrance Foyer
- Loft
- Crawl Space
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Gravel Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- Brand And Durkee's Add East El Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2024
Closed on
Mar 7, 2025
Sold by
Liggett Zachary
Bought by
Graff Jennifer
Seller's Agent
Christian Nelson
RE/MAX Of Elk Rapids
Buyer's Agent
Christian Nelson
RE/MAX Of Elk Rapids
List Price
$346,000
Sold Price
$336,000
Premium/Discount to List
-$10,000
-2.89%
Views
129
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
$24,828
Avg. Annual Appreciation
16.76%
Original Mortgage
$302,400
Outstanding Balance
$301,045
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$59,783
Purchase Details
Listed on
May 24, 2013
Closed on
Aug 8, 2013
Sold by
Courtade Paul E
Bought by
Liggett Zachary and Suh Misaeng
Seller's Agent
Christian Nelson
RE/MAX Of Elk Rapids
Buyer's Agent
Christian Nelson
RE/MAX Of Elk Rapids
List Price
$99,000
Sold Price
$91,900
Premium/Discount to List
-$7,100
-7.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Purchase Details
Closed on
May 20, 2011
Bought by
Courtade Paul E
Similar Homes in Elk Rapids, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $336,000 | Riverside Title | |
| Warranty Deed | $91,900 | -- | |
| Deed | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $302,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $336,000 | +0.3% | $293 / Sq Ft |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $335,000 | -3.2% | $293 / Sq Ft |
| 09/14/2024 09/14/24 | For Sale | $346,000 | +276.5% | $302 / Sq Ft |
| 08/08/2013 08/08/13 | Sold | $91,900 | -7.2% | $80 / Sq Ft |
| 07/27/2013 07/27/13 | Pending | -- | -- | -- |
| 05/24/2013 05/24/13 | For Sale | $99,000 | -- | $86 / 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 | $18 | $114,700 | $0 | $0 |
| 2024 | $18 | $111,100 | $0 | $0 |
| 2023 | $1,763 | $87,800 | $0 | $0 |
| 2022 | $1,282 | $78,500 | $0 | $0 |
| 2021 | $1,227 | $74,000 | $0 | $0 |
| 2020 | $1,159 | $68,500 | $0 | $0 |
| 2019 | $1,207 | $62,900 | $0 | $0 |
| 2018 | $1,824 | $63,400 | $0 | $0 |
| 2017 | $1,791 | $58,600 | $0 | $0 |
| 2016 | $1,452 | $55,700 | $0 | $0 |
| 2015 | -- | $54,300 | $0 | $0 |
| 2014 | -- | $51,500 | $0 | $0 |
| 2013 | -- | $50,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Nelson
Seller's Agent in 2025
Christian Nelson
RE/MAX Michigan
(231) 534-4512
125 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1927139
APN: 05-43-100-009-00
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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