NOT LISTED FOR SALE

5526 Lakeview Dr Interlochen, MI 49643

Estimated Value: $678,000 - $1,000,000

3 Beds
1.5 Baths
1,301 Sq Ft
$606/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $375,000 $288 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,088/month

4 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Bluff on Lot
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Home Performance with ENERGY STAR

About This Home

As of May 2019

This sturdy and comfortable year-round cottage is located on the sunset side of the beautiful Green Lake peninsula, Pennlock Colony, Interlochen. Built in 1960, the cottage is offered “as is”, with roofs on house and detached 1 ½ car garage replaced in 2014. A 2007 remodel included central air, new furnace, kitchen granite countertops, granite backsplashes, cherry wood cabinets, and heated tile floor from hall to kitchen coffee pot! April 11, 2019 building inspection report shows no major problems. This property is generally easy care with economical annual maintenance costs. The 75’ lakefront has sandy beach with natural shoreline for wildlife plus some wooded area. Joys of the cottage: nature setting is quiet and deeply calming, dark night sky is good for star gazing, sunsets are spectacular! In winter, eagles can be seen ice fishing on the lake. Loons’ unique calls can be heard spring through fall.

Last Agent to Sell the Property

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 04/29/2019

Coldwell Banker Schmidt Traver

Co-Listed By

Danielle Jerome

Coldwell Banker Schmidt Traver License #6501377986

Last Buyer's Agent

Robin Vanderkaay

Century 21 Northland-Elk Rapids License #6501410850

Century 21 Northland-Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,537

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x135
  • Private Waterfront
  • 75 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Membrane Roofing
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Loft
  • Radiant Floor
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Home Performance with ENERGY STAR
  • ENERGY STAR Qualified Equipment for Heating
  • No or Low VOC Paint or Finish

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Penn Lock Colony Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,537

Year Built

Built in 1960

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Percent Of Remodel: 60
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 28
  • Univs Design Barrier Free: Covered Entrance
  • Year Updated: 1974
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Water Softener Owned, Washer, Dryer, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Skylights, Foyer Entrance, Walk-In Closet(s), Loft, Granite Bath Tops, Granite Kitchen Tops, Great Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.4x9.8, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12.10x8.0, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.5x6.7, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 11x18, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 27x14, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 9.5x6.6, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1301
  • Price Per Sq Ft: 288.24
  • Range: R 12W
  • Total Finished Sf Apx: 1301

Exterior Features

  • Body Of Water: Green Lake
  • Exterior Features: Sidewalk, Covered Porch
  • Exterior Finish: Aluminum, Wood
  • Foundation: Crawl Space, Poured Concrete, Slab
  • Number Of Acres: 0.33
  • Road: Blacktop
  • Roof: Asphalt, Membrane
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Sandy Bottom, Bluff (less than 10ft), Vegetation to Water Edge, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 75

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Detached, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air, Central Air, Humidifier, Radiant Floor
  • Laundry: Dimensions: 11.5x7.7, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 100
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Penn Lock Colony

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 6
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Bluff Site
  • Lot Dimensions: 70x135
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Green Features

  • Energy Efficient: Energy Star Appliances
  • Renewable: Programmable Thermostat, Low or No VOC Finishes, Energy Star Rated Furnace

Tax Info

  • Summer Taxes: 3072.71
  • Winter Taxes: 641.27
  • Year Summer: 2018
  • Year Winter: 2018

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
May 14, 2019
Sold by
Grimm Marshall J
Bought by
Koukios James M and Koukios Irene O
Seller's Agent
Karen Schmidt
Coldwell Banker Schmidt Traver
Buyer's Agent
Robin Vanderkaay
Century 21 Northland-Elk Rapids
List Price
$345,000
Sold Price
$375,000
Premium/Discount to List
$30,000
8.7%
Current Estimated Value
$787,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,939
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
May 21, 2012

Purchase Details

Closed on
Jul 1, 1994
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
Koukios James M $375,000 --
-- -- --
-- $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $375,000 +8.7% $288 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $345,000 -- $265 / 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 $9,537 $298,500 $0 $0
2024 $7,826 $273,600 $0 $0
2023 $8,991 $188,600 $0 $0
2022 $8,635 $206,000 $0 $0
2021 $8,389 $188,600 $0 $0
2020 $8,308 $185,700 $0 $0
2019 $3,792 $178,100 $0 $0
2018 $3,615 $172,800 $0 $0
2017 -- $175,700 $0 $0
2016 $3,278 $154,500 $0 $0
2014 $3,278 $135,200 $0 $0
2012 $3,278 $137,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1860134

Northern Great Lakes REALTORS® MLS

APN: 07-500-006-50