NOT LISTED FOR SALE

Estimated Value: $1,154,878 - $1,309,000

3 Beds
2 Baths
1,368 Sq Ft
$902/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $640,000 $468 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,770/month

336 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Recreation Room
  • Thomas M. Ryan Intermediate School Rated A-
  • 0.84 Acre Lot
  • Sun or Florida Room

About This Home

As of October 2016

This cottage is an excellent spot for gatherings of friends and family. With 1,368sf of living space (+ a 525sf bsmt), it has three bedrooms, a three season lakeside porch and two full baths. It is situated on 63 front feet of one of the Gull Lake's most highly coveted sandy shorelines, making this an exceptional opportunity for anyone dreaming of living the Gull Lake lifestyle. The property has been enjoyed by several generations of the same family since 1924. It has been lovingly maintained, is in excellent condition and move-in ready. If your dream includes building anew; recent sales of lesser frontage (& size)lots in the neighborhood suggests that the land alone justifies the asking price. Start building your Gull Lake memories with this exceptional opportunity today! Make an Offer!

Last Agent to Sell the Property

Jane Carpenter

Michigan Lifestyle Properties / Gull Lake Realty License #6501336288 Listed on: 10/06/2015

Last Buyer's Agent

Bill Sikkema

Berkshire Hathaway HomeServices MI License #6501305544

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,633

Year Built

  • Built in 1924

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 60x500
  • Private Waterfront
  • 63 Feet of Waterfront
  • Shrub
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Partial Basement
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a lake
  • Docks
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,633

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1924
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 504.39
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x500
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1368.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 6633.49
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 63.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Flower Garden: Yes
  • Windows:Storms: Yes
  • Water Heater:Electric3: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info:SqFt Above Grade: 1368.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1368.0
  • Window Features: Storms, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 525.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: 3 Season Room
  • List Price: 690000.0
  • Lot Features: Level
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Gull Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.84
  • Lot Size Area: 0.84
  • Lot Dimensions: 60x500
  • Lot Size Sq Ft: 36590.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6633.49
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Oct 13, 2016
Sold by
Ross Helen M
Bought by
Elliott Derick A and Elliott Sairi
Seller's Agent
Jane Carpenter
Michigan Lifestyle Properties / Gull Lake Realty
Buyer's Agent
Bill Sikkema
Berkshire Hathaway HomeServices MI
List Price
$725,000
Sold Price
$640,000
Premium/Discount to List
-$85,000
-11.72%
Current Estimated Value
$1,233,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,959
Avg. Annual Appreciation
7.33%
Original Mortgage
$512,000
Outstanding Balance
$402,606
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$831,353

Purchase Details

Closed on
May 16, 2014
Sold by
Ross Phyllis R
Bought by
Ross Phyllis R and Indenture Of Trust Of Phyllis R Ross

Purchase Details

Closed on
Apr 29, 2014
Sold by
Ross Helen Marie and Ross Hugh Craig
Bought by
Ross Helen M and Helen M Ross Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elliott Derick A $640,000 Nations Title Agency
Ross Phyllis R -- None Available
Ross Phyllis R -- None Available
Ross Helen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Derick A $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $640,000 -11.7% $468 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $725,000 -- $530 / Sq Ft
Source: MichRIC

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 $4,347 $560,100 $0 $0
2024 $4,223 $443,700 $0 $0
2023 $4,026 $394,100 $0 $0
2022 $18,322 $360,600 $0 $0
2021 $17,864 $348,500 $0 $0
2020 $17,509 $340,900 $0 $0
2019 $16,875 $338,300 $0 $0
2018 $7,146 $331,800 $0 $0
2017 -- $324,400 $0 $0
2016 -- $310,700 $0 $0
2015 -- $333,700 $0 $0
2014 -- $322,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15053349

MichRIC

APN: 04-17-380-210