NOT LISTED FOR SALE

543 Michigan Ave Frankfort, MI 49635

Estimated Value: $531,000 - $813,000

3 Beds
2.5 Baths
2,060 Sq Ft
$313/Sq Ft Est. Value

Last Sold February 23, 2019

Last sale price $335,000 $163 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,084/month

740 Days on Market

Highlights

  • Water Views
  • Deck
  • Granite Countertops
  • Bluff on Lot
  • Wooded Lot
  • Den

About This Home

As of February 2019

A 3 story condo on a high bluff above the harbor town of Frankfort, in a wooded complex called The Bluffs of Frankfort. 3 bedrooms, 2 and 1/2 baths with over 2,000 square ft. of finished living space. Foyer entrance in the lower level with a 1 car garage w/storage area and work area, utility room with half bath, laundry area and a large finished den which could be a 4th bedroom. The main level has living room, dining area and kitchen in an open floor plan with large windows all the way across the lake side for panoramic views wherever you are. A sliding glass door leading out to a spacious and private deck where you can watch the lake freighters go by and boats of all sizes coming into the harbor. A beautiful fireplace highlights the living room which is both natural wood burning and gas. Also on the main level is a large bedroom and a full bath. On the upper level is a huge master bedroom with a sitting area overlooking the lake. There is a large bathroom on this level with a double sink and another lakeside guest bedroom. Lots of closet space on this level and throughout the unit as well. The current owners have really raised the bar here by totally remodeling every square inch of this unit from top to bottom, with features and amenities and fit and finish that make this condo truly unique. Examples are the tasteful color schemes, the new stone and hearth on the fireplace, several new windows, draperies and window shades, new ceramic floors in the bathrooms, den and kitchen, high end plumbing fixtures, all solid interior doors, and the kitchen...completely redone with new lighting, extended granite counter tops with bar stools, stainless steel appliances and a Viking 5 burner cooktop. And last but not least, central air conditioning. The Bluffs is well maintained year round, and just a short walk down the hill to town and the beach. There's nothing quite like this for condo living, and at the end of the day, there's always that beautiful sunset.

Last Agent to Sell the Property

James Ferris

VAUGHAN REALTY License #6506013470 Listed on: 01/05/2017

Last Buyer's Agent

James Ferris

VAUGHAN REALTY License #6506013470 Listed on: 01/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,731

Year Built

  • Built in 1984

Lot Details

  • Bluff on Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Den
  • Workshop
  • Water Views

Kitchen

  • Oven or Range
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway
  • Drive Under Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a Great Lake

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, sewer, trash removal
  • The Bluffs Of Frankfort Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,731

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Townhouse, 2+ Story
  • Estimated Year Built: 1984
  • Construction: Frame
  • Section Number: 21
  • Univs Design Barrier Free: Raised Toilet
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Cook Top, Exhaust Fan, Blinds, Drapes, Curtain Rods, Electric Water Heater
  • Interior Amenities: Foyer Entrance, Granite Kitchen Tops, Island Kitchen, Den/Study, Workshop
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 28x15, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13x12, On Level: Main Floor, Flooring: None
  • Total Bathrooms: 2.5
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 20x12, On Level: Lower Floor, Flooring: Tile
  • Kitchen: Dimensions: 15x9, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 27x16, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1700
  • Estimated Below Grade Finished Sq Ft: 360
  • Estimated Below Grade Unfinished Sq Ft: 90
  • Price Per Sq Ft: 162.62
  • Range: R 16W
  • Total Finished Sf Apx: 2060

Exterior Features

  • Exterior Features: Sprinkler System, Deck
  • Exterior Finish: Cement Board
  • Foundation: Walkout, Block, Daylight Windows
  • Road: Public Maintained, Shared, Association, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Bluff (greater than 10ft), Great Lake

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 1
  • Primary Garage: Drive Under/Built-In, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Sewer, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: The Bluffs of Frankfort

Schools

  • School District: Frankfort-Elberta Area Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Wooded, Bluff Site
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Feb 14, 2019
Sold by
Thum Larry A and Thum Jill E
Bought by
Bouda Christopher L
Seller's Agent
James Ferris
VAUGHAN REALTY
Buyer's Agent
James Ferris
VAUGHAN REALTY
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%
Current Estimated Value
$645,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,576
Avg. Annual Appreciation
9.88%
Original Mortgage
$85,000
Outstanding Balance
$75,331
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$546,396
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bouda Christopher L $335,000 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouda Christopher L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2019 02/23/19 Sold $335,000 -11.6% $163 / Sq Ft
11/27/2018 11/27/18 Price Changed $379,000 -4.1% $184 / Sq Ft
01/05/2017 01/05/17 For Sale $395,000 -- $192 / 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 $7,731 $274,600 $0 $0
2024 $6,612 $274,900 $0 $0
2023 $6,109 $237,700 $0 $0
2022 -- $218,600 $0 $0
2021 -- $168,700 $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

  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1826764

Northern Great Lakes REALTORS® MLS

APN: 51-170-017-00