NOT LISTED FOR SALE

5375 W Cove Rd Honor, MI 49640

Estimated Value: $253,000 - $347,338

3 Beds
1 Bath
1,232 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $295,000 $239 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,757/month

47 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Pole Barn
  • Wooded Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of August 2024

Welcome to this tranquil retreat nestled in a natural setting across from the shores of peaceful Little Platte Lake. Here, you can unwind and relax while listening to the loons and watching the eagles soar. Situated in the heart of the Sleeping Bear Dunes National Lakeshore, this property offers an ideal base camp for enjoying the best of Pure Michigan. Little Platte Lake is a quiet fishing lake, perfect for swimming, kayaking, and pontoon cruising. Additionally, the location provides easy access to Lake Michigan, world-class trout streams, and a wide range of outdoor activities, including swimming, golfing, skiing, snowmobiling, boating, fishing, canoeing, kayaking, and tubing. The property spans 1.5 acres, offering a fantastic location without the cost of waterfront taxes. It is conveniently located approximately one mile from the DNR public boat launch. The home’s open floor plan is designed for great family gatherings and socializing. In 2023, the home enjoyed the addition of a whole-house generator, a Bryant split system for cooling and supplemental heat, and a new high-efficiency Navien boiler for baseboard and on-demand water heating. This home is ready for new owners who are looking for four seasons of fun and would also make an excellent rental property. The wooded lot provides a natural, low-maintenance landscape. For your storage needs, there is an attached oversized (2+) garage and a 30 x 40 pole barn with a concrete floor and electric supply. This property truly offers everything you need for comfortable, year-round living and recreation.

Last Agent to Sell the Property

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 06/26/2024

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Niki Novak

The Mitten Real Estate Group License #6501450819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1977

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 282x250x270x218
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Drapes & Rods
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Schools

  • Homestead Hills Elementray Elementary School
  • Benzie Central Middle School
  • Benzie Central Senior High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Well
  • Water Heated On Demand
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Sylvan Point Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1977
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 25
  • Year Updated: 2012
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Drapes, On Demand Water Heater
  • Interior Amenities: Skylights, Island Kitchen, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13'4"x11'9", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14'4"x11'3", On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 8'9"x11'3", On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12'9"x11'9", On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 12'10"x11'9", On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 23'4"x11'5", On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 1232
  • Price Per Sq Ft: 239.45
  • Range: R 15W
  • Total Finished Sf Apx: 1232

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Covered Porch
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Entrance Outside
  • Number Of Acres: 1.5
  • Road: Gravel, Association
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Gravel, Circular, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Hot Water, Baseboard, Ductless A/C
  • Laundry: Dimensions: 11'1"x5'5", On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal

Association/Amenities

  • Development Name: Sylvan Point

Schools

  • School District: Benzie County Central Schools
  • Elementary School: Homestead Hills Elementray
  • Middle School: Benzie Central Middle School
  • High School: Benzie Central Senior High School

Lot Info

  • Land Features: Wooded-Hardwoods, Level
  • Lot Dimensions: 282x250x270x218
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 524.24
  • Taxable Value: 58366
  • Total Taxes: 1235.17
  • Winter Taxes: 710.93
  • Year Summer: 2023
  • Year Winter: 2023

MLS Schools

  • Elementary School: Homestead Hills Elementray
  • HighSchool: Benzie Central Senior High School
  • School District: Benzie County Central Schools
  • Middle School: Benzie Central Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 13, 2024
Sold by
Loeschke David
Bought by
Alderman Jeffrey A
Seller's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Niki Novak
The Mitten Real Estate Group
List Price
$295,000
Sold Price
$295,000
Views
30
Current Estimated Value
$302,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,835
Avg. Annual Appreciation
2.60%
Original Mortgage
$221,250
Outstanding Balance
$218,989
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$83,846

Purchase Details

Closed on
May 1, 2018
Sold by
Robert Edgar W and Robert Shirley A
Bought by
Loeschke David
Source: Public Records

Range of Values:

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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
Alderman Jeffrey A $295,000 Attorneys Title Agcy Llc
Loeschke David $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderman Jeffrey A $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $295,000 0.0% $239 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $295,000 -- $239 / 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 $1,287 $135,900 $0 $0
2024 $548 $149,500 $0 $0
2023 $524 $85,400 $0 $0
2022 -- $81,700 $0 $0
2021 -- $81,100 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1923992

Northern Great Lakes REALTORS® MLS

APN: 10-016-008-00