NOT LISTED FOR SALE

505 Grandview Beach Dr Indian River, MI 49749

Estimated Value: $662,000 - $806,000

4 Beds
1.5 Baths
1,650 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $697,000 $422 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,870/month

2 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Bedroom
  • Chalet
  • Wood Flooring
  • No HOA

About This Home

As of April 2023

Located on the southwest corner of Mullett Lake, the neighborhood consists of many generational homes where the neighbors
walk along the road to visit with each other. The calm waters of the leeward side of the lake make it popular with boaters
while the Rails to Trails system is just down the road providing easy access for biking, walking, or a wintertime snowmobile
ride. The 4 bedroom home has 2 main floor bedrooms, an open living area with kitchen, dining space, and large living room
with natural fireplace. The front and rear decks are perfect to lounge on while the dock provides access to the nice swimming
area. Excellent rental history! Notable updates include new natural gas line, updated furnace, new air conditioning unit, new siding, plus more, see supplement new siding, new windows including 2 sliding doors, & internet locking key system. The roof is a lifetime roof . Internet is by Verizon and works good. Bathroom is currently being updated as part of the asking price. Brock Dock & newer boat hoist (5500 lbs) included!
This property has a strong rental history as well.

Last Agent to Sell the Property

Steven Hutchinson

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6501238231 Listed on: 04/10/2023

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

Billy Andrew

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045131

COLDWELL BANKER SCHMIDT INDIAN RIVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 50x150
  • Waterfront
  • Inland Waterway

Home Design

  • Chalet
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,650 Sq Ft Home
  • Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Crawl Space
  • Basement Window Egress

Outdoor Features

  • Deck

Schools

  • Inland Lakes Elementary School
  • Inland Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • T35n R2w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162-005-100-035-00
  • Tax Block 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,265

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Straits Hwy to Grandview Beach Rd to Grace Beach Rd to Grandview Beach Dr to house on right.
  • Garage Yn: No
  • Lot Size: 50x150
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1971
  • PropertySubType: Residential Water
  • Road Frontage Type: Inland Waterway
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Gravel, Maintained
  • Water Body Name: Mullett Lake
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T35N R2W
  • Above Grade Finished Sq Ft: 1650.0
  • Architectural Style: Chalet
  • Reso Window Features: Egress Windows
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 50x150
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Chalet
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Appliances Equipmt Drapes: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dishwasher, Drapes, Dryer, Microwave, Refrigerator, Range/Oven, Washer
  • Bedroom 3 Level: 2nd
  • Bedroom 4 Level: 2nd
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Features Fireplace3: Yes
  • BasementFoundation:Crawl: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Egress Windows: Yes

Exterior Features

  • Exterior Features: Deck, Natural
  • Waterfront: Yes
  • Construction Type: Vinyl
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Inland Lakes
  • Schools High School: Inland Lakes
  • Elementary School: Inland Lakes
  • Junior High Dist: Inlandlakes
  • High School: Inland Lakes

Lot Info

  • Parcel Number: 162-005-100-035-00

Tax Info

  • Tax Block: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Larsen Wayne D
Bought by
Larsen Susan J
Current Estimated Value
$768,858

Purchase Details

Listed on
Apr 10, 2023
Closed on
Mar 29, 2023
Sold by
Miller Sheldon
Bought by
Larsen Wayne D and Larsen Susan J
Seller's Agent
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
List Price
$697,000
Sold Price
$697,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 30, 2021
Sold by
Miller Sheldon
Bought by
Miller Sheldon and Miller Jillian
Seller's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%
Original Mortgage
$508,500
Interest Rate
3.09%
Mortgage Type
New Conventional
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
Larsen Susan J -- --
Larsen Wayne D -- --
Miller Sheldon -- --
Miller Sheldon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Sheldon $508,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $697,000 0.0% $422 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $697,000 +23.4% $422 / Sq Ft
11/30/2021 11/30/21 Sold $565,000 -- $341 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $8,265 $213,500 $0 $0
2024 $2,212 $188,800 $0 $0
2023 $1,699 $160,900 $0 $0
2022 $1,618 $137,300 $0 $0
2021 $2,453 $111,800 $111,800 $0
2020 $2,321 $106,100 $106,100 $0
2019 $2,298 $102,900 $102,900 $0
2018 $2,216 $110,800 $0 $0
2017 $2,130 $109,400 $0 $0
2016 $2,108 $107,200 $0 $0
2015 -- $107,500 $0 $0
2014 -- $102,200 $0 $0
2012 -- $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steven Hutchinson

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (800) 598-4460

    101 Total Sales

    Steven Hutchinson
    Section Image
  • Billy Andrew

    Buyer's Agent in 2023

    Billy Andrew

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (231) 420-9231

    335 Total Sales

    Billy Andrew
    Section Image

  • S

    Buyer's Agent in 2021

    STEVE HUTCHINSON

    CB NORTHERN LAKES - INDIAN RIVER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201823318

Water Wonderland Board of REALTORS®

APN: 162-005-100-035-00

Michigan Cheboygan County Indian River 49749

505 Grandview Beach Dr, Indian River, MI

This home is located at 505 Grandview Beach Dr, Indian River, MI 49749 since 10 April 2023 and is currently estimated at $768,858, approximately $465 per square foot. This property was built in 1971. 505 Grandview Beach Dr is a home located in Cheboygan County with nearby schools including Inland Lakes Elementary School and Inland Lakes Secondary School.

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