NOT LISTED FOR SALE

55 N Grandview Beach Rd Indian River, MI 49749

Estimated Value: $985,000 - $2,221,568

3 Beds
0.5 Bath
1,650 Sq Ft
$972/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $420,000 $255 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $9,442/month

498 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Forced Air Heating System
  • Fireplace
  • Shed
  • Dining Room

About This Home

As of September 2018

PARK LIKE SETTING ON MULLETT LAKE IN THE COVETED GRANDVIEW AREA. This 1950's 3BD Shingle Style cottage Sits high & close to the lake for EXCEPTIONAL VIEWS. This is a beautiful prime lot. Some remodeling, a creative mind and an eye on the future should put this at the top of your list. Cove ceilings and oak floors in liv/din rm. Dock, dinghy, buoy, ground tackle and mooring block are included . 130ft of prime lakefront in prime location. First time offered, since late 1950's. Dining RM light & Kitchen Light fixtures do not go with sale. Also may need a new furnace.

Last Agent to Sell the Property

Steven Hutchinson

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6501238231 Listed on: 04/10/2017

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

Dave Carpenter

Berkshire Hathaway Homeservices Indian River License #6506046184

Berkshire Hathaway Homeservices Indian River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,595

Lot Details

  • Waterfront
  • Inland Waterway

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Shed

Schools

  • Inland Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T35n R2w Cold Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162-C11-000-006-00
  • Tax Block sec 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,595

Lot Details

0

Listing Details

  • Directions: M-27 to Grandview Beach rd. follow to near the end to sign
  • Garage Yn: No
  • Lot Size: 118x250x135x250+/-
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 50
  • PropertySubType: Residential Water
  • Road Frontage Type: Inland Waterway
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • Water Body Name: Mullett Lake
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Dryer
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T35N R2W Cold Springs
  • Above Grade Finished Sq Ft: 1450.0
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 118x250x135x250+/-
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Electric7: Yes
  • Exterior Wood3: Yes
  • Basement Specifics Partial: Yes
  • Foundation:Slab: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partial
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features Fireplace3: Yes
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Exterior Features: Shed
  • Waterfront: Yes
  • Construction Type: Wood
  • Foundation Details: Basement, Crawl, Slab
  • Exterior Features:Shed: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Forced Air, Natural Gas, Wall Furnace
  • HeatingYN: Yes

Schools

  • Schools High School: Inland Lakes
  • Junior High Dist: Inlandlakes
  • High School: Inland Lakes

Lot Info

  • Parcel Number: 162-C11-000-006-00

Tax Info

  • Tax Block: sec 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Setla Karen L
Bought by
Setla Gary and Setla Karen L
Current Estimated Value
$1,603,284

Purchase Details

Closed on
Feb 22, 2020
Sold by
Setla Karen L
Bought by
Setla Gary and Setla Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2017
Closed on
Sep 5, 2018
Sold by
Openo Woodard D and Openo Phuong N
Bought by
Setla Karen L
Seller's Agent
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Dave Carpenter
Berkshire Hathaway Homeservices Indian River
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.64%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Openo Woodard
Bought by
Openo Woodard and Openo Phuong
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Setla Gary -- --
Setla Gary -- --
Setla Karen L -- --
Openo Woodard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Setla Gary $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $420,000 -- $255 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $12,595 $816,300 $0 $0
2024 $5,783 $696,200 $0 $0
2023 $5,542 $637,400 $0 $0
2022 $5,278 $519,500 $0 $0
2021 $11,251 $471,900 $471,900 $0
2020 $10,644 $446,400 $446,400 $0
2019 $7,466 $172,100 $172,100 $0
2018 $7,229 $207,700 $0 $0
2017 $7,003 $206,400 $0 $0
2016 $6,936 $193,900 $0 $0
2015 -- $202,500 $0 $0
2014 -- $199,700 $0 $0
2012 -- $223,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 307107

Water Wonderland Board of REALTORS®

APN: 162-C11-000-006-00