NOT LISTED FOR SALE

5540 Golf Meadow Dr Bellaire, MI 49615

Estimated Value: $570,000 - $608,000

4 Beds
2.5 Baths
2,596 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $340,000 $131 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,832/month

Highlights

  • 300 Feet of Waterfront
  • Cathedral Ceiling
  • First Floor Utility Room
  • Deck
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2021

Would you like to enjoy vacationing Up North for little to no cost? This home offers a proven track record as an exceptional income opportunity. Continue using it as a rental while you reserve a few weeks for yourself. With the income generated, you will be able to enjoy vacations in northern Michigan for minimal, if any, expense. The current owner already has over $40,000 in bookings reserved between May and September of 2021. This spacious home overlooks the 14th green of the Summit Golf Course at Shanty Creek Resort. It enjoys a quiet gated subdivision with convenient access to resort amenities and the charming village of Bellaire. Also included is access to the Shanty Creek Beach Club on the sandy shores of Lake Bellaire, just a short drive away. The home offers vaulted ceilings and a wall of windows in the great room that overlooks the course, as well as a spacious family room where you can relax by the gas fireplace. There is plenty of space for you and your guests. Two main floor bedrooms share a spacious bath, while the master enjoys privacy upstairs with its own expansive bath, complete with jetted tub and separate shower. As a bonus, there is a guest bedroom over the 2-car garage, with its own half bath, and a nonconforming bedroom in the basement. There have been numerous improvements in recent years. The well was installed in 2015 and luxury vinyl plank flooring was installed in the great room. The family room and one main floor bedroom enjoy hardwood flooring. The exterior offers decks on both sides of the house. In the back, you will enjoy awesome sunsets over the golf course and out front you can watch the sun coming up over the hill. What a wonderful opportunity to enjoy four season recreation Up North while making a handsome return on your investment!

Last Agent to Sell the Property

Julia Pietrowicz

Keller Williams - Northern Michigan License #6502372398 Listed on: 04/01/2021

Keller Williams - Northern Michigan

Last Buyer's Agent

See Agt Remarks Non Member ACK

Antrim Charlevoix Kalkaska Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,097

Year Built

  • Built in 1990

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 125' x 155'
  • 300 Feet of Waterfront

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,596 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Summit, Shanty Creek Association

Listing and Financial Details

  • Assessor Parcel Number 05-10-220-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,097

Year Built

Built in 1990

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1990
  • Lvt Date: 04/04/2021
  • Measurement Source: Agent
  • Section: 32
  • S E V Yr: 103600/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2596
  • Master Bedroom: Dimensions: 16'7"x16'2", On Level: Upper
  • Bedroom 2: Dimensions: 12'3"x13'2", On Level: Main
  • Bedroom 3: Dimensions: 9'8"x12', On Level: Main
  • Bedroom 4: Dimensions: 27'2"x11'10", On Level: Upper
  • Basement: Crawl, Partial
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 11'5"x22'1", On Level: Main
  • Family Room: Dimensions: 24'x23'3", On Level: Main
  • Living Room: Dimensions: 16'x23'3", On Level: Main
  • Above Grade Finished Sq Ft: 2344
  • Bathroom 1: Dimensions: 13'3"x7'7", On Level: Main
  • Bathroom 2: Dimensions: 10'9"x11'3", On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Bellaire
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 300
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air, Electric, Electric Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Summit, Shanty Creek
  • Association: Yes
  • Fees: $489

Lot Info

  • Estimated Lot Dimensions: 125' x 155'
  • Estimated Number of Acres: 0.44
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 05-10-220-007-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 23, 2021
Sold by
Scherba Christopher R and Scherba Madhuchhanda
Bought by
Bellaire Meadows Llc
Seller's Agent
Julia Pietrowicz
Keller Williams - Northern Michigan
Buyer's Agent
See Agt Remarks Non Member ACK
Antrim Charlevoix Kalkaska Association of REALTORS
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Current Estimated Value
$592,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,351
Avg. Annual Appreciation
13.61%

Purchase Details

Listed on
Aug 4, 2014
Closed on
Jun 12, 2015
Sold by
Manchester Alice L and Manchester Robert
Bought by
Scherba Christopher R and Scherba Madhuchhanda
Seller's Agent
Walt Mann
REO-TCBellaire-233025
Buyer's Agent
Walt Mann
REO-TCBellaire-233025
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
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
Bellaire Meadows Llc $340,000 --
Worpell Properties Llc $340,000 None Available
Scherba Christopher R $209,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $340,000 -5.6% $131 / Sq Ft
04/01/2021 04/01/21 For Sale $360,000 +72.2% $139 / Sq Ft
06/16/2015 06/16/15 Sold $209,000 -5.0% $71 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $219,900 -- $75 / Sq Ft
Source: Northern Michigan 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 $8,097 $205,400 $0 $0
2024 $67 $194,900 $0 $0
2023 $4,411 $173,300 $0 $0
2022 $5,215 $122,300 $0 $0
2021 $4,252 $107,300 $0 $0
2020 $4,204 $103,600 $0 $0
2019 $4,133 $98,500 $0 $0
2018 $4,206 $100,300 $0 $0
2017 $4,186 $101,000 $0 $0
2016 $3,529 $99,000 $0 $0
2015 -- $103,200 $0 $0
2014 -- $91,800 $0 $0
2013 -- $110,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464616

Northern Michigan MLS

APN: 05-10-220-007-00