NOT LISTED FOR SALE

5615 Grass River Rd Bellaire, MI 49615

Estimated Value: $543,000 - $995,000

5 Beds
5 Baths
3,800 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $230,000 $61 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $4,104/month

123 Days on Market

Highlights

  • 165 Feet of Waterfront
  • Deck
  • Cathedral Ceiling
  • Docks
  • Wood Burning Stove
  • First Floor Utility Room

About This Home

As of February 2013

Looking for a home with lots of room for family and guests to come stay and play, well you've found it! This home was once a bed -n-breakfast and could easily be converted again. 165 feet of Grass River frontage that leads you into Lake Bellaire, then out to Torch Lake! A dock for your boat and a boat house for the rest of toys awaits you, as well as a hot tub and a stand alone wood stove for those cozy winter nights, are just a few of this home's amenities! Just minutes from Shanty Creek's Ski & Golf!!!

Last Agent to Sell the Property

Jennifer Burr

Coldwell Banker Schmidt - Boyne City License #6501365186 Listed on: 09/19/2012

Coldwell Banker Schmidt - Boyne City

Co-Listed By

Mike Stark

Stark Realty, Inc.

Last Buyer's Agent

Jennifer Burr

Coldwell Banker Schmidt - Boyne City License #6501365186 Listed on: 09/19/2012

Coldwell Banker Schmidt - Boyne City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Lot Details

  • 2.3 Acre Lot
  • 165 Feet of Waterfront

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-04-007-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Section: 7
  • S E V Yr: 2012 = $155,700
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Deck, Dock, Dryer, Garbage Disposal, Mini Blinds, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Stove
  • Total Finished Sq Ft: 3800
  • Master Bedroom: Dimensions: 19 x 11, On Level: Upper
  • Bedroom 2: Dimensions: 11 x 11, On Level: Upper
  • Bedroom 3: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 4: Dimensions: 11 x 11, On Level: Main
  • Basement: Slab
  • Dining Room: Dimensions: 11 x 8, On Level: Main
  • Kitchen: Dimensions: 15 x 11, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 27 x 13, On Level: Main
  • Above Grade Finished Sq Ft: 3800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 5
  • Rooms 1: Dimensions: Den 11 x10, On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Metal
  • Waterfront Frontage: 165
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well

Lot Info

  • Estimated Number of Acres: 2.3
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 05-04-007-004-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2012
Closed on
Feb 20, 2013
Sold by
Alger David S and Alger Shirley
Bought by
Schultz Michael D and Schultz Alyssa B
Seller's Agent
Jennifer Burr
Coldwell Banker Schmidt - Boyne City
Buyer's Agent
Jennifer Burr
Coldwell Banker Schmidt - Boyne City
List Price
$289,000
Sold Price
$230,000
Premium/Discount to List
-$59,000
-20.42%
Current Estimated Value
$720,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,355
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Jan 2, 1998
Bought by
Alger David S and Alger Shirley
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
Schultz Michael D $230,000 --
Alger David S $180,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $230,000 -20.4% $61 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $289,000 -- $76 / 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 $3,776 $247,600 $0 $0
2024 $23 $256,400 $0 $0
2023 $3,188 $261,000 $0 $0
2022 $3,188 $175,100 $0 $0
2021 $3,188 $159,700 $0 $0
2020 $3,217 $144,600 $0 $0
2019 $3,105 $132,600 $0 $0
2018 $3,047 $128,800 $0 $0
2017 $2,986 $124,200 $0 $0
2016 $2,015 $121,900 $0 $0
2015 -- $114,800 $0 $0
2014 -- $164,000 $0 $0
2013 -- $155,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 435022

Northern Michigan MLS

APN: 05-04-007-004-00