NOT LISTED FOR SALE

5380 Sylvan Point Rd Honor, MI 49640

Estimated Value: $394,000 - $635,000

3 Beds
2 Baths
1,370 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $379,900 $277 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,811/month

7 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Second Garage
  • Wood Burning Stove

About This Home

As of April 2024

Escape to your own private oasis with frontage on the shores of Little Platte Lake, where the tranquil sounds of nature surround you. This rare gem offers nearly seven acres of pure Michigan beauty, with endless opportunities for relaxation and recreation. Located in the heart of Sleeping Bear Dunes National Lakeshore, this property is a nature lover's dream. Spend your days swimming, kayaking, or cruising on the pontoon, and your evenings listening to the loons and watching the eagles soar overhead. The manufactured home on the property is just waiting for your personal touch, with an unfinished stick-built addition that is the perfect blank canvas for your up-north renovation plans. With ample storage space in the attached and detached garages, you'll have plenty of room for all your outdoor gear. Don't miss your chance to own a piece of paradise in this idyllic setting. Whether you're looking for a year-round residence or a seasonal retreat, this property has everything you need to enjoy the best of Pure Michigan living.

Last Agent to Sell the Property

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 03/12/2024

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Racquel Huddleston

REO-TCBeulah-Frankfort-233027 License #6501413462

REO-TCBeulah-Frankfort-233027

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1990

Lot Details

  • 5.77 Acre Lot
  • Lot Dimensions are 410x452x324x266x184
  • Private Waterfront
  • 20 Feet of Waterfront
  • Sandy Beach
  • Fenced Yard
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Sylvan Point Community

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,641

Year Built

Built in 1990

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1990
  • Construction: Manufactured/HUD
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 25
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Propane Water Heater
  • Interior Amenities: Walk-In Closet(s), Pantry, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11'7"x13'1", On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 11'8"x13'1", On Level: Main Floor, Flooring: Laminate
  • Bedroom 3: Dimensions: 8'3"x13'4", On Level: Main Floor, Flooring: Tile
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 9'7"x13'8", On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 10'7"x13'7", On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 16'9"x13'1", On Level: Main Floor, Flooring: Laminate
  • Other Room: Dimensions: 10'1"x13'1", On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 1370
  • Price Per Sq Ft: 277.3
  • Range: R 15W
  • Total Finished Sf Apx: 1370

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Little Platte Lake
  • Exterior Features: Deck, Fenced Yard
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Entrance Inside
  • Number Of Acres: 5.77
  • Road: Gravel, Association, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Across Rd), Inland Lake, Water View, Soft Bottom, Sandy Bottom, Vegetation to Water Edge, Public Lake, Stony Bottom
  • Waterfront Frontage: 20

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, External Wood Burner, Ductless A/C
  • Laundry: Dimensions: 6'10"x9'11", On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Annual Association Fees: 100
  • Association Fees: Annual

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

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens, Level
  • Lot Dimensions: 410x452x324x266x184
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1,074.05
  • Taxable Value: 108423
  • Total Taxes: 2640.6
  • Winter Taxes: 1,566.55
  • 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
Mar 12, 2024
Closed on
Apr 23, 2024
Sold by
Wallace Lee
Bought by
Patterson Lea
Seller's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Racquel Huddleston
REO-TCBeulah-Frankfort-233027
List Price
$379,900
Sold Price
$379,900
Views
60
Current Estimated Value
$474,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,937
Avg. Annual Appreciation
21.48%
Original Mortgage
$284,925
Outstanding Balance
$281,526
Interest Rate
7.37%
Mortgage Type
Construction
Estimated Equity
$206,777
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
Patterson Lea $379,900 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Lea $284,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $379,900 0.0% $277 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $379,900 -- $277 / 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 $2,441 $197,600 $0 $0
2024 $1,049 $215,800 $0 $0
2023 $1,003 $183,600 $0 $0
2022 -- $158,800 $0 $0
2021 -- $153,400 $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

  • Jon Zickert

    Seller's Agent in 2024

    Jon Zickert

    Real Estate One

    (231) 882-6996

    618 Total Sales

    Section Image
  • Racquel Huddleston

    Buyer's Agent in 2024

    Racquel Huddleston

    Real Estate One

    (231) 590-0464

    34 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920123

Northern Great Lakes REALTORS® MLS

APN: 10-016-008-03

Michigan Benzie County Honor 49640

5380 Sylvan Point Rd, Honor, MI

This home is located at 5380 Sylvan Point Rd, Honor, MI 49640 since 12 March 2024 and is currently estimated at $488,303, approximately $356 per square foot. This property was built in 1990. 5380 Sylvan Point Rd is a home located in Benzie County with nearby schools including Benzie Central Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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