NOT LISTED FOR SALE

5227 Rushton Rd Central Lake, MI 49622

Estimated Value: $1,330,144

12 Beds
6 Baths
3,652 Sq Ft
$364/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $935,000 $256 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,767 / mo

244 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • RV or Boat Parking
  • Deeded Waterfront Access Rights
  • Second Garage
  • Tiered Deck

About This Home

As of May 2022

Lakefront home on the chain of lakes and five additional log cabins. The Cedars Resort features 300 feet on Benway Lake and over 3.6 acres of woods. Terrific opportunity to live on the upper chain of lakes and have a steady income stream. Nice location, private and scenic, yet close to Torch Lake, Charlevoix and Bellaire with many recreational opportunities. Hard to find cabin resort with this much land and waterfrontage. Features include multiple docks, fish house, garage, large pole barn and everything you need to run this successful resort with many repeat customers.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC Listed on: 06/21/2021

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 3.6 Acre Lot
  • Private Waterfront
  • 300 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 3,652 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Gravel Driveway
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Patio
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

Overview

  • Cedars Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

3.6 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1940
  • Construction: Full Log
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Great Room
  • Bedrooms: 12
  • Bedroom 1: Dimensions: 12x10
  • Total Bathrooms: 6
  • Number of Main Level Bathrooms: 12
  • Full Bathrooms: 6
  • Main Floor Primary: No
  • Kitchen: Dimensions: 14x14
  • Living Room: Dimensions: 12x15
  • Range: R 8W
  • Total Finished Sf Apx: 3652

Exterior Features

  • Additional Buildings: Pole Building(s), Secondary Garage(s)
  • Body Of Water: Benway Lake
  • Exterior Features: Deck, Multi-Level Decking, Patio, RV Parking
  • Exterior Finish: Full Log
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 3.6
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Sandy Shoreline
  • Waterfront Frontage: 300

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 4
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Cedars Resort

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens, Level
  • Lot Dimensions: irregular - see ass doc
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 1998
Bought by
Dick Christopher R and Jo Ellen
Current Estimated Value
$1,330,144
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dick Christopher R $210,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $935,000 0.0% $256 / Sq Ft
02/20/2022 02/20/22 Off Market $935,000 -- --
02/20/2022 02/20/22 Pending -- -- --
09/28/2021 09/28/21 Price Changed $975,000 -11.4% $267 / Sq Ft
06/21/2021 06/21/21 For Sale $1,100,000 -- $301 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $7,988 $350,800 $0 $0
2024 $73 $261,100 $0 $0
2023 $6,999 $195,100 $0 $0
2022 $3,924 $192,900 $0 $0
2021 $3,746 $171,800 $0 $0
2020 $3,685 $169,100 $0 $0
2019 $3,582 $151,300 $0 $0
2018 $3,494 $154,700 $0 $0
2017 $3,299 $154,700 $0 $0
2016 $2,096 $167,000 $0 $0
2015 -- $165,700 $0 $0
2014 -- $157,400 $0 $0
2013 -- $130,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1889161

Northern Great Lakes REALTORS® MLS

APN: 05-02-002-020-00

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