NOT LISTED FOR SALE

506 Chippewa St Elk Rapids, MI 49629

Estimated Value: $422,104 - $565,000

3 Beds
2 Baths
1,262 Sq Ft
$378/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $289,500 $229 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,105/month

158 Days on Market

Highlights

  • Sauna
  • Deck
  • Solid Surface Countertops
  • Elk Rapids High School Rated A-
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of January 2021

Adorable 3 bedroom/2 bathroom ranch on desirable West Side of Elk Rapids! This home features: sprinkler system, large landscaped yard including brick pavers around home, large deck with Pergola, detached garage with sauna, corian countertops/sink, custom kitchen cabinets, linear glass tile in kitchen, Anderson Windows, Hunter Douglas blinds. Third bedroom is non-conforming. You can walk to the beach to watch the sunset or walk to town for shopping/dining.

Last Agent to Sell the Property

Suzanne Huhta

REO - Elk Rapids-101308 License #6501402247 Listed on: 06/17/2020

REO - Elk Rapids-101308

Last Buyer's Agent

Lisa Rossi

The Leelanau Group Real Estate License #6502432228

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Property has an invisible fence for dogs
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Sauna

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

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

Community Details

  • Village Of Elk Rapids Community

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1960
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Bay Window(s), Foyer Entrance, Sauna, Solid Surface Counters, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.6x11.2
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Kitchen: Dimensions: 10.6x9.8
  • Living Room: Dimensions: 18.7x11.2
  • Range: R 9W
  • Total Finished Sf Apx: 1262

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sprinkler System, Deck, Covered Porch, Invisible Pet Fencing, Landscaped, Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Egress Windows, Entrance Inside
  • Number Of Acres: 0.2
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Detached, Paved Driveway, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Village of Elk Rapids

Lot Info

  • Land Features: Level
  • Lot Dimensions: 66x132
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jan 12, 2021
Sold by
Huhta Suzanne
Bought by
Tyrer Alaina M
Seller's Agent
Suzanne Huhta
REO - Elk Rapids-101308
Buyer's Agent
Lisa Rossi
The Leelanau Group Real Estate
List Price
$339,900
Sold Price
$289,500
Premium/Discount to List
-$50,400
-14.83%
Current Estimated Value
$476,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,276
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Jul 30, 2019
Sold by
Charles E Klein T
Bought by
Huhta Suzanne

Purchase Details

Closed on
Nov 15, 2007
Bought by
Klein Charles E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tyrer Alaina M $289,000 --
Tyrer Alaina M $289,000 None Available
Huhta Suzanne -- --
Klein Charles E $157,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $289,500 -3.5% $229 / Sq Ft
10/03/2020 10/03/20 Price Changed $299,900 -6.3% $238 / Sq Ft
07/27/2020 07/27/20 Price Changed $319,900 -3.0% $253 / Sq Ft
07/08/2020 07/08/20 Price Changed $329,900 -2.9% $261 / Sq Ft
06/17/2020 06/17/20 For Sale $339,900 -- $269 / 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 $7,166 $189,400 $0 $0
2024 $63 $171,300 $0 $0
2023 $6,072 $137,900 $0 $0
2022 $4,949 $124,100 $0 $0
2021 $3,266 $110,700 $0 $0
2020 $3,029 $78,200 $0 $0
2019 $2,096 $61,300 $0 $0
2018 $2,658 $64,100 $0 $0
2017 $2,608 $63,700 $0 $0
2016 $2,278 $60,900 $0 $0
2015 -- $64,000 $0 $0
2014 -- $57,400 $0 $0
2013 -- $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1875990

Northern Great Lakes REALTORS® MLS

APN: 05-43-010-308-00