NOT LISTED FOR SALE

5128 Abbey Ln SE Fife Lake, MI 49633

Estimated Value: $306,000 - $494,000

3 Beds
2 Baths
1,500 Sq Ft
$252/Sq Ft Est. Value

Last Sold January 18, 2012

Last sale price $72,000 $48 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $2,218/month

47 Days on Market

Highlights

  • Private Waterfront
  • Chalet
  • Cathedral Ceiling
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Fireplace

About This Home

As of January 2012

Manistee River Frontage, 3 Bedroom 2 Bath, 1970's Chalet sitting on a nice wooded lot with 247 ft of private Manistee River Frontage. Great location on this "Blue Ribbon Trout Stream" nestled back in the woods for serene privacy.Home has a full walkout basement, three car garage and priced to sell. This is a Fannie Mae property. Property is part of the first look program.

Last Agent to Sell the Property

Robert Murray

Coldwell Banker Schmidt-Kalkas License #6502117292 Listed on: 12/02/2011

Coldwell Banker Schmidt-Kalkas

Co-Listed By

Nicholas Tompkins

Coldwell Banker Schmidt-Kalkas License #6501361900

Last Buyer's Agent

Sharon Brown

Bayside Real Estate License #6501211659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1975

Lot Details

  • 1.5 Acre Lot
  • Private Waterfront
  • 247 Feet of Waterfront
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Chalet
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Public Water Access
  • Patio

Utilities

  • Baseboard Heating
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Chalet
  • Estimated Year Built: 1975
  • Construction: Timber Frame
  • Private Shared: Private
  • Section Number: 5
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Estimated Above Ground Finished Sq Ft: 1500
  • Estimated Below Grade Unfinished Sq Ft: 1300
  • Price Per Sq Ft: 48
  • Total Finished Sf Apx: 1500

Exterior Features

  • Body Of Water: Manistee River
  • Exterior Features: Patio
  • Exterior Finish: Wood
  • Foundation: Full, Walkout
  • Number Of Acres: 1.5
  • Road: Private Owned, Gravel
  • Water Features: Priv Frontage (Wtr Side), River, Water View, Gradual Slope to Water, Near Pub.Access w/in 500'
  • Waterfront Frontage: 247

Garage/Parking

  • Driveway: Private
  • Garage Capacity: 3
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Baseboard
  • Sewer: Private Septic
  • Water: Private Well

Schools

  • School District: Forest Area Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: Ireg.
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Forest Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2011
Closed on
Jan 10, 2012
Sold by
Fannie Mae
Bought by
Mcdougall Kelly J
Seller's Agent
Robert Murray
Coldwell Banker Schmidt-Kalkas
Buyer's Agent
Sharon Brown
Bayside Real Estate
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Current Estimated Value
$377,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,821
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2011
Sold by
Hodgment Grace
Bought by
Bac Home Loans Servicings Lp
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
Mcdougall Kelly J $72,000 --
Federal National Mortgage Association -- --
Bac Home Loans Servicings Lp $13,000,662 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2012 01/18/12 Sold $72,000 -19.9% $48 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $89,900 -- $60 / 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 $2,481 $164,700 $0 $0
2024 $2,074 $144,600 $0 $0
2023 $1,977 $116,700 $0 $0
2022 $2,217 $120,700 $0 $0
2021 $2,055 $83,700 $0 $0
2020 $2,030 $82,400 $0 $0
2019 $305 $78,400 $0 $0
2018 $1,980 $72,600 $0 $0
2016 $1,929 $44,900 $0 $0
2015 -- $43,750 $0 $0
2014 -- $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1732064

Northern Great Lakes REALTORS® MLS

APN: 007-105-003-60